Residential Land for sale in Mpooma Mukono Uganda, code: 187181
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Residential Land
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This is an opportunity to acquire Residential Land in an up and coming area of Mpooma, Mukono District, Uganda. Located along the Kayunga Road and within a few minutes of the town center, this plot of land is an ideal location for a residential development. The land is titled Mailo Land and measures 12 Decimals; with three plots of land, each measuring 30m.
The land is ideal for residential development as it is located in a rapidly developing area and is close to amenities such as schools, hospitals, and churches. The area is known for its peaceful and tranquil environment, making it suitable for a residential development.
The land is offered for sale at a price of 30000000 Shillings each. This is an excellent price for the size and location of the land, and represents a great opportunity for a buyer to acquire land in an up and coming area. The land is easily accessible from the Kayunga Road and provides a great opportunity for a buyer to develop a residential project.
This is an ideal opportunity to acquire land in an area of rapid growth and development. With its proximity to amenities, peaceful environment, and great price, this plot of land represents a great opportunity for a buyer to acquire land in a desirable area.
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The collapse of Jomayi Property Consultants Ltd, once Uganda's most prominent real estate company, serves as a cautionary tale for developers navigating the complexities of the industry. As the dust settles on Jomayi's demise, it's crucial for other developers to reflect on the factors that led to its downfall to safeguard their own ventures.Financial Prudence and Debt Management.At the heart of Jomayi's downfall lies financial mismanagement and debt accumulation. The company's inability to honor its financial obligations, particularly to NC Bank, ultimately led to its insolvency. Despite entering into agreements and consent judgments, Jomayi failed to adhere to payment schedules, triggering legal action and liquidation proceedings. For real estate developers, this underscores the importance of prudent financial management, including disciplined debt repayment and meticulous cash flow forecasting.Risk Mitigation and Diversification.Jomayi's overreliance on specific assets, such as the
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