OPPORTUNITIES AT GNA DEVELOPMENT PROJECT
Market Growth: Uganda’s real estate market is experiencing growth, driven by urbanization, population growth, and rising disposable incomes, presenting opportunities for GNA to capitalize on increasing demand.
Government Support: Government initiatives to promote affordable housing and sustainable development could provide regulatory support, incentives, and funding opportunities for GNA’s low-cost apartment phase.
Tourism Potential: Leveraging the project’s lakeside location, GNA could explore opportunities to attract tourists, such as vacation rentals, leisure facilities, and eco-tourism activities, enhancing revenue streams and community engagement.
Brand Recognition: Being the first of its kind in the region positions GNA as a pioneer in innovative real estate development, establishing brand recognition and potentially attracting international investors and buyers.
Infrastructure Development: Continued investment in infrastructure, such as transportation networks and utilities, could enhance accessibility to the project site and increase its value proposition to potential buyers.
Partnership Opportunities: Collaborating with local stakeholders, NGOs, or international organizations on sustainability initiatives, community development projects, or financing arrangements could expand GNA’s network and enhance its social impact. By leveraging its strengths and capitalizing on available opportunities, GNA has the potential to establish itself as a leading player in Uganda’s real estate market, catering to diverse clientele and contributing to sustainable development in the region.
Phase | Description | Total Cost | Total Revenue | Net Revenue |
Phase 1 | Land Acquisition & Sales | $12,000,000 | $29,400,000 | $17,400,000 |
Phase 2 | Gated Community Development | $8,500,000 | $28,700,000 | $20,200,000 |
Phase 3 | Apartment Construction & Sales | $226,800,000 | $3,028,000,000 | $2,801,200,000 |
Total | $247,300,000 | $3,083,100,000 | $2,838,800,000 |
Notes:
Phase 1: Procurement of 1200 acres at $10,000 per acre, selling 8400 plots at $3,500 per plot.
Phase 2: Acquisition of 100 acres at $85,000 per acre, selling 700 plots at $41,000 per plot.
Phase 3: Purchase of 1300 acres at $12,000 per acre, construction of apartments and subsequent sales.
Total Costs include land acquisition, construction, overhead, and administration costs.
Total Revenue is calculated based on projected sales of plots and apartments.
Net Revenue is the Total Revenue minus Total Cost, indicating the project’s profitability.