Tanzania’s real estate sector contributed 3.1% to the country’s real GDP with USD 1.5 billion in 2019, compared to USD 1.2 billion in 2015, an increase of 25%. Tanzania Residential Housing Market Housing in Tanzania is dominated by individual home-builders who account for over 70% of the total supply. The rest is catered for by the public sector through local governments, the National Housing Corporation (NHC), the Tanzania Building Agency (TBA), the Watumishi Housing Company (WHC), and pension funds such as National Social Security Fund (NSSF), and by residential private developers.
Another end of the year, a year full of roll coaster, fun, happiness, misery and all sought of feelings, but all in all we end up thanking God for his mighty blessings throughout the year.
Lately for past few years there have been several cases between land owners and the buyers, why as days goes this matter is becoming a serious issue? Is it the lack of knowledge of the transfer of the land or some fraud is committed in between?
Whether you are moving to another home, region, country, or just need the money, selling a home can be incredibly frustrating – especially if you have limited time.
It gets harder when you live in a city like Dar es Salaam, where there are a lot of houses for sale and limited disposable income to purchase them.
Often times home sellers get so disheartened that they end up selling their houses for a lower price than they wanted.