A statement released by Rwanda Development Board (RDB) and the company, Ultimate Developers Ltd (UDL) that is in charge of the project development, says that this opportunity is for public servants.<\/p>\n
The statement further says as a prerequisite, beneficiaries and their spouses should not have owned another house before. They will be allowed to purchase apartments with two, three or four rooms at reduced prices.<\/p>\n
A two-room apartment will be sold at Rwf63,000,000 down from the market price of Rwf108 million while a three-room apartment will be sold at Rwf94 million down from Rwf163 million. A four-room apartment will be sold at Rwf108 from Rwf187 million.<\/p>\n
Those who need loans will be charged 11% and the loan will be repaid in a period of 20 years. According to the statement, those who wish to buy the houses will have to submit their application letters between 16th -31st October 2018. Selection of eligible bidders will be done between 1st -21st October 2018.<\/p>\n
The CEO of the Bank of Kigali which accepted to give loans to potential buyers, Dr Diane Karusisi said this is the beginning of BK\u2019s long-term program to help Rwandans of all statuses to own a house. We are calling this program a new way of giving loans on houses,\u201d she said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Public servants may soon be able to own one of the beautiful apartments in Vision City village located in Gacuriro Sector, Gasabo District. This comes after rates on the prices for the apartments have been decreased by 60% exclusively for public servants who need living apartments that fit in their status. <\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[69],"byline":[198],"hashtag":[],"class_list":["post-38255","post","type-post","status-publish","format-standard","hentry","category-news","tag-homehighlights","byline-elie-imanishimwe"],"bylines":[{"id":198,"name":"Elie Imanishimwe","slug":"elie-imanishimwe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":22}],"contributors":[{"id":198,"name":"Elie Imanishimwe","slug":"elie-imanishimwe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":22}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/38255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=38255"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/38255\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=38255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=38255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=38255"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=38255"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=38255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}