Timeless real estate investment advice from billionaire property mogul, Dr Sudhir Ruparelia Although Meera Investments Limited, the property development arm of the Ruparelia Group, was formally registered in 1994, the Chairman and Founder of the giant Ruparelia Group began investing in property as early as 1986. Today, he owns over 400 office, retail, industrial, and residential properties across Uganda. His properties cater to an estimated footfall of 150,000 people per day—approximately 10% of Kampala’s daytime population. Meera Investments is also one of the most compliant and largest taxpayers in the country. In 2022, he shared his insights at a Uganda Revenue Authority (URA)-organised e-Bomba Ya Business Summit, where he spoke about how to build a solid real estate business. Although the advice was given in 2022, it is timeless and remains highly relevant today. Here are the 10 property investment tips I learned from the billionaire, whose Ruparelia Group spans more than 28 companies across financial services, real estate, education, hospitality, agriculture, and media/broadcasting.

Muhereza KyamuteteraJanuary 30, 2022April 7, 2025

Dr. Sudhir Ruparelia, one of the shareholders of Crane Bank Limited

#1: CONDOMINIUMS ARE THE FUTURE- BUILD SOME OR BUY ONE Land in Kampala City is getting expensive and the traditional Ugandan bungalows with large gardens can only be sustained several kilometres away from the city centre. A cost-effective way of utilising land is building upwards. A typical family in Kampala must spend close to 4 hours daily, getting to and from work- time they should be used to improve their business or careers or with their families. Compared to condominiums where there is a shared cost of maintenance and therefore enhanced security, the bungalows in the suburbs are getting more…

This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!