Home » Real Estate » Global Real Estate » Uganda: Government moves to regulate real estate industry

Uganda: Government moves to regulate real estate industry

In Uganda, the Ministry of Lands, Housing and Urban development is to embark on a countrywide registration of all real estate dealers for regulation.

The exercise which kicks off mid this year, will see real estate dealers issued with licenses of operation.

According to the Permanent secretary ministry of Lands, Gabindadde Musoke, the exercise is aimed at wiping out fake real estate dealers who dupe Ugandans in land deals.

“We want to put some order into real estate dealing. You cannot have every Tom, Dick and Harry dealing in land. People should know who they are dealing with,” said Musoke.

Musoke made the remarks Monday during the launch of the second phase of the computerization of the land registry. He noted that the ministry was working on a housing policy which will highlight guidelines and requirements for people dealing in real estates.

“By the end of this year, the Housing Policy will be ready to guide us on things like real estate dealing. Some of these people are cheating Ugandans in bogus land deals. So we have to put them in order,” added Musoke.

Leave a Reply

Your email address will not be published. Required fields are marked *