Congratulations if your name appeared in the Addis Lisan publication. Winning the lottery is only the first step; the city enforces strict timelines for winners to claim their properties. Failure to act within the designated window can result in the forfeiture of your shop. Step 1: Visit the Sub-City Housing Office
One of the most concrete sources of information on commercial shop winners comes from the . The "40/60" scheme is a housing model where the beneficiary typically pays 40% of the cost, and the government or a financial institution covers the remaining 60% through a loan or subsidy. The tender for commercial shops in these developments attracted significant competition. The Addis Lisan newspaper published the list of winning bidders, which included both 1st and 2nd place winners for the shop tenders. addis lisan newspaper condominium shop winners
Secondly, the project is a model for future housing developments in Ethiopia. The condominium complex is being developed to high standards, with modern amenities and security features. The project also includes a range of commercial spaces, which will help to create jobs and stimulate economic growth. Congratulations if your name appeared in the Addis
The allocation process for shops typically involves a bid system, a reality that has effectively priced out many aspiring entrepreneurs. The story of Hana Alemu, a 26-year-old civil engineer, is illustrative of the structural barriers. Hoping to one day own a supermarket, she made what she felt was a competitive bid for a space in the Bole Arabssa district. Her offer was more than 55% higher than the floor price of 9,000 Birr per square meter. Nonetheless, she was outbid by an unknown private firm that offered roughly ten times her amount. Step 1: Visit the Sub-City Housing Office One
The official city administration newspaper, , serves as the primary print medium for publishing the complete, certified list of winners. If you participated in the latest lottery draw for Addis Ababa condominium shops, here is a comprehensive guide on how to check your results, what documents you need, and the next steps to secure your property. How to Find the Condominium Shop Winners List
Unlike the lottery system used for residential units, condominium shops are typically awarded through a (bid) process.
Addis Ababa transfers 25,791 20/80, 40/60 condo houses to winners