BLUE MARK REAL ESTATE: YOUR DESTINATION FOR APARTMENTS NEEDS IN DAR!

>Entering into real estate transactions in today’s litigious society without taking advantage of an arbitration clause is like driving a car without a seat belt: it is a dangerous and unnecessary risk. However, most people just cruise through this “Arbitration Clause” part of the contract without really understanding what is happening “there”.

>Well, may be you are one of those people, who have thought of investing in a real estate business, but you do not know how or you are a person, who thinks real estate is for the people whose wealth is almost Sh20 billion. Such ideas come only when we lack knowledge about real estate. Have you ever asked yourself the following questions: what exactly is real estate?

Hello. I am a diplomat residing in Tanzania and have recently been faced with a situation that requires your help. Please, tell me, do diplomats have to pay stamp duty on transactions involving real estate made whilst on diplomatic missions? JQ.

The Arusha International Conference Centre (AICC) unveiled 50 new residential flats and said it was keen on tapping the lucrative real estate sector to add on to the conference business.

HURDLES IN OWNING A PROPERTY IN ZANZIBAR

Last year, a global online company for property listings, Lamudi extended its business in Tanzania, intending to create a marketing platform for the sector through the Internet.

>Publicly-held companies in Tanzania do not have a tendency to raise their capital through issuance of corporate bonds, a situation that denies institutional investors a chance to invest in major firms.