The dispute among May Real Estate Development Plc and home buyers is set to continue, even though the Federal Supreme Court ruled, on November 13, 2013, that the real estate company must hand over the houses to the home buyers.
Property giant P3 International has expressed an interest in the ongoing light railway project and various government housing schemes, and will provide cash finance together with design and operational resources if successful with its proposals, The Reporter learnt.
The Addis Ababa City Administration Construction and Housing Development Bureau said it has completed preparations to finalize construction of condominium houses started and to begin construction of more 50 thousand houses.
The Ministry of Urban Development, Housing and Construction (MUDHCo) said it has determined to speed up its Housing Projects having mitigated problems identified in past experiences.
