back to top
HomeBusinessSudhir’s Rental Arrangements With Government Departments Do Not Violate Any Rules

Sudhir’s Rental Arrangements With Government Departments Do Not Violate Any Rules

Published on

- Advertisement -spot_img

Government departments renting space from Kampala tycoon Sudhir Ruparelia’s vast real estate projects don’t violate laws.

Kira Municipality Member of Parliament Ibrahim Ssemuju Nganda was a few days ago quoted as suggesting that government departments shouldn’t be renting space from the businessman’s properties.

But experts and public commentators say the businessman, also one of the leading taxpayers in the country, who invests millions of dollars in erecting up-to-date office, business and residential premises breaks no law inviting tenancy deals from government agencies.
In fact, most of Mr Ruparelia’s clients are from the private sector.

“GoU isn’t in real estate [business]. Sudhir is. It’s his core business. They’ve done business for ages. What’s the issue?” one public commentator Allan Kassujja said.

Mr Ruparelia, through his Meera Investments Ltd and Crane Management Services Ltd, is one of the leading estate developers in the region with signature projects like Kingdom Kampala, Hardware City, Market Plaza, and Kampala Boulevard building, among others.

Sudhir’s business empire also spans hotels and the hospitality industry, floriculture, education and schools to media, insurance, forex, and banking.

The city business mogul is currently plotting the re-development of the former Chieftaincy of Military Intelligence (CMI) headquarters on Yusuf Lule Road in Kampala, with a multi-million dollar massive Business Park, that will host office premises, a shopping centre, health and leisure amenities among others.

According to the artistic impressions—The Pearl Business Park — is an 18-acre mixed-use facility that will host a 5-star hotel, a shopping mall and a modern hospital when complete.

Phase one of the project to be completed soon, will cater to office space while the building will have 16 lettable floors with 27,240 sqm of built-up area.

Related

Uganda To Host 15th Brand Africa Awards, MTN CEO Sylvia Mulinge To Deliver Keynote Address

Uganda is set to be the centre of Africa's branding and marketing world...

Capt.Mukula Commences CEC Consultative Meetings In Soroti, Serere Districts

In a bid to secure another term on the National Resistance Movement's Central...

Big Size: Bebe Cool In London For The Break The Chains Album UK Media Tour

After a rigorous and successful tour of Kenya and Tanzania, Bebe Cool, real name...

Regional Stanbic Banks Host Talks On Unlocking EAC Domestic Capital For Infrastructure

Unlocking domestic capital to drive infrastructure development across the East African Community (EAC) is...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Uganda Adopts Kiswahili As Official Language

Uganda has adopted Kiswahili as an official language, a top government official said on...

Minister Kasolo In Hot Soup Over Alleged Orungo Voter Attacks Accused Of Orchestrating Violence Fo Intimidate Opponents in NRM Primaries

A political storm is brewing in Orungo sub-county after shocking allegations emerged linking Uganda’s...