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UGANDA BUDGÈT 2024/25: WHAT DOES IT MEAN FOR REAL ESTATE?
The Ugandan government recently unveiled its budget for the 2024/25 fiscal year, outlining plans to accelerate economic growth. While the budget doesn't directly target real estate as a whole, some key areas could indirectly impact the sector. Let's break down what this means for you. Focus on Growth. The budget prioritizes economic expansion, aiming for GDP to reach Shs 225.5 trillion (USD 60 billion). This growth is projected to be driven by increased activity in the oil and gas sector, with first oil production expected in FY2025/26. Impact on Real Estate. A growing economy often translates to a rise in demand for housing, particularly in commercial sectors. This could benefit developers building offices and apartments in areas with projected job growth. Additionally, increased government spending could lead to infrastructure improvements, making certain locations more attractive for real estate development. Affordability Concerns Remain. The budget does not explicitly add

BUILD YOUR SUCCESS IN REAL ESTATE, BRICK BY BRICK.
Success in real estate doesn't happen overnight. It's a journey that requires dedication, strategy, and an unwavering commitment to long-term goals. Whether you're an aspiring investor, agent, or developer, building a thriving real estate career or portfolio is like constructing a sturdy house, one brick at a time. Here's how you can build your own real estate success, brick by brick. 1. Lay a Solid Foundation: Education and Research.   Just as every building starts with a foundation, your success in real estate should begin with thorough research and education. Learn about market trends, legal regulations, financing options, and property values. Whether you're reading books, attending seminars, or working with mentors, staying informed is crucial. You wouldn't start constructing a house without understanding its blueprints, so don't dive into real estate without the knowledge to back your decisions.Key Resources:- Online courses in real estate and property management- Local rea