Tirupati Group
 | This article needs to be updated. The reason given is: The article reflects developments up to 2014. The expected project completion dates haven't been updated since and lie in the past. The company's website seems to have moved to tirupatiafrica.com; the site thetirupatigroup.com now belongs to an eponymous Indian company; and the site tirupati-uganda.com linked to in the references no longer exists. (August 2023) |
| Company type | Private |
|---|---|
| Industry | |
| Founded | 2006 |
| Headquarters | Tirupati Mazima Mall Ggaba Road, Kabalagala, Kampala, Uganda |
Key people |
|
| Products | |
| Total assets | US$100 million (2014) |
| Website | Homepage |
Tirupati Group Limited (TGL) is a privately owned real estate development and construction company in Uganda. Tirupati Group Limited provides development funding and also constructs its own buildings.
History
[edit]The company was established in 2006. During its first five years of existence, the company developed and constructed four projects: (a) Tirupati House located in the Kamwookya suburb of the country's capital, Kampala, (b) Ovino Market, a development in the Kisenyi Area, a former slum in the center of Kampala, (c) Bugoloobi Executive Apartments, an upscale development in the suburb of Bugoloobi and (d) Nkumba Village a mixed-use development consisting of university student hostel and a shopping mall, near the campus of Nkumba University, approximately 8 kilometres (5.0 mi), by road, northeast of the central business district of the town of Entebbe.
In 2010, Tirupati was recognized for ‘Introduction of a Novel And Competitive Product In East African Region’, during the 16th Annual Investor of the Year Award Ceremony held by the Uganda Investment Authority. It was in regard to Tirupati's Ovino Market, in Kisenyi, Kampala.[1]
In June 2014, TGL won a contract to upgrade and renovate Masaka Regional Referral Hospital for approximately US$4 million (USh:10.6 billion).[2][3]
Scope of work
[edit]As of November 2014[update] the following real estate projects have either been completed or are in development by the company:[4]
| Name of development | Location | Country | Type | Capacity | Year completed or completion expected | Estimated value (US$) | Notes | |
|---|---|---|---|---|---|---|---|---|
| Namanve Shopping Center | KIBP | Uganda | Shopping Mall | 150 Offices | 2017 | |||
| Tirupati Bujumbura Shopping Center | Bujumbura | Burundi | Shopping Mall | Offices, Restaurants & Shops | 2016 | |||
| Tirupati Bukoto Shopping Mall | Bukoto | Uganda | Shopping Mall | Offices, Shops, Restaurants, Parking & Security | 2018 | |||
| Marina Portbell Apartments | Port Bell | Uganda | Residential Apartments | 150 Offices | 2018 | |||
| Tirupati Heights | Kampala | Uganda | Upscale Apartments | Apartments | 2018 | |||
| Tirupati New Mazima | Kampala | Uganda | Shopping Mall | Retail space, Parking, Security | 2019 | |||
| Tirupati Towers | Kampala | Uganda | Office Complex | 150 Offices | 2020 | |||
| Bugolobi Apartments | Bugoloobi | Uganda | Upscale Apartments | 14 Luxury Apartments | 2020 | Condominiums | ||
| Mazima Shopping Mall I | Nsambya | Uganda | Shopping Mall | Retail shops, Supermarket, Offices & Parking | 2012 | 15 million | Opposite American Embassy | Sits on 1.2 acres |
| Mazima Shopping Mall II | Kabalagala | Uganda | Shopping Mall | Hotel, Restaurant, Ban Hall | 2015 | 2.1 million | Bank of Baroda on Ground Floor | |
| Tirupati Half London | Kabalagala | Uganda | Office Complex | Offices | 2012 | 2.1 million | ||
| Nkumba University Hostel | Nkumba, Entebbe | Uganda | University Student Hostel | 144 Self-contained rooms | 2011 | 3 million | Located on 22 acres with lake view | |
| Ovino Market | Kisenyi, Kampala | Uganda | Urban Retail Market | 350 retail shops, 50-room hotel, 7 restaurants, parking | 2010 | 10 million | ||
| Miami Villas | Luzira, Kampala | Uganda | Luxury Homes | 6 Villas, each with 3 ensuite bedrooms | 2011 | 12.1 million | ||
| Tirupati House | Kamwookya, Kampala | Uganda | Office Tower | 14 Executive Offices & Retail Units | 2008 | 2 million | Houses HQ of TDUL |
Subsidiary companies
[edit]In addition to developing and constructing real estate projects, TGL has several non-real-estate related subsidiaries.
Bio-Waste Management Limited collects and disposes of biomedical and pharmaceutical waste in an environmentally friendly and safe manner. Offices and disposal facilities are located 30 kilometres (19 mi) by road northeast of Kampala.[5]
Tirupati Agricultural Development Limited is an agribusiness that operates a demonstration farm on 400 acres (160 ha) and maintains a sugarcane plantation on the adjacent 2,500 acres (1,000 ha). Crops on this demonstration farm include pineapples, maize and onions. It is located in Kayunga District.
See also
[edit]- List of conglomerates in Uganda
- List of conglomerates in Africa
- Kampala Capital City Authority
- Miraj Barot
- List of wealthiest people in Uganda
References
[edit]- ^ Musinguzi, John (10 February 2010). "Tirupati: The Regional Leader In Novelty". The Observer (Uganda). Retrieved 26 November 2014.
- ^ Kaggwa, Andrew (16 June 2014). "Masaka Hospital To Get 800-Bed Block". The Observer (Uganda). Retrieved 26 November 2014.
- ^ Emorut, Francis (11 June 2014). "Government Earmarks USh10 Billion for Masaka Hospital". New Vision (Kampala). Retrieved 26 November 2014.
- ^ "Projects". Tirupati Development Uganda Limited. Archived from the original on 25 November 2014. Retrieved 26 November 2014.
- ^ "Tirupati Biomedical Waste Services". Tirupati Development Uganda Limited. Archived from the original on 4 March 2016.
External links
[edit]- Tirupati Development - Civil Construction and Real Estate Development in Uganda at the Wayback Machine (archived 25 November 2014)
