Lottery Draw for Condominium Houses to Be Held

Lottery draw is going to be held by the end of the current month to handover about 40,000 condominium houses which are built in Ethiopia’s capital, Addis Ababa.

Commenting on the issue Diriba Kuma, Mayor of Addis Ababa, said the lottery draw was for 39,000 houses built under 20/80 housing scheme and 1,290 houses built under 40/60 housing scheme.

The condominiums built under the 20/80 housing scheme are found, among others, at Bole Arabessa, Bole Ayat and Kilinto. On the other hand, the condominiums built under 40/60 housing scheme are located at areas commonly known as Sengater and Crown.

According to the Mayor, currently the houses are more than 95 percent complete and the remaining minor works would be finalized soon.

Source: Fana Broadcasting Corporate