Why NHC Tanzania Housings are Recommended

Aerial view of Housing Community

In this article, we will be introducing the latest housing projects developed by NHC Tanzania. If you are considering purchasing or investing in a real estate in Tanzania, make sure to check what NHC has to offer.

Contents:

  • Who is NHC Tanzania
  • Why are more housing projects being developed?
  • Introducing the current NHC Projects
  • Why is NHC Housing recommended?

Who is NHC Tanzania?

The National Housing Corporation of Tanzania (NHC) is an entity owned by the government, responsible for the development, management and leasing of residential and commercial properties in the country. NHC Tanzania undertake various projects, including the construction of affordable housing units, commercial complexes and other real estate developments. NHC in general plays a crucial role in reducing the house deficit in Tanzania and supporting urban development.

Why are more Housing Projects are being developed?

In recent years, we have witnessed the massive improvement and creation of various housing project under National Housing Corporation of Tanzania (NHC). The following are reasons behind the building of more housing projects by NHC.

  • Population Growth and Urbanization

Tanzania is experiencing rapid population growth and majority of people move to urban areas fetching for job opportunities and various better services. Due to this fact the demand for housing service increases, and this is where NHC intervene by providing more housing services to cover the needs of the population by providing affordable and quality houses to even those low- and middle-income earners.

  • Economic Development

The Housing Projects does not benefit NHC only. It’s a massive opportunity for economic development. The whole process from the construction to management requires manpower which creates job opportunities and decreases the issue of unemployment. Also, the housing projects plays a role in improvements of physical infrastructure like roads, electricity and various social services like schools and hospitals.

  • Real Estate Investments

NHC also overview the opportunity of creating more housing projects as an investment in Real Estate. Investing in Real Estate is important for future benefits from receiving financial returns especially from rents and selling of houses. This is where the NHC under the government of Tanzania use the opportunity to create more projects for future and long-term financial returns.

  • Creating Affordability in Housing Needs

NHC aimed to ensure that the projects create the affordability of the housing needs to even those low-income earners. In most urban areas in Tanzania, it has been a challenging issue to find a perfect house that is both good and affordable. The intervene of NHC aimed to reduce and finish that problem by creating both good and affordable housing needs to even those low- and middle-income earners in affordable prices.

  • Improving Living Standards

NHC aimed to improve the living standards of Tanzanians, this is by building more housing projects with modern amenities and infrastructure that will be available in each and every house created by the corporation. The Housing project come with improvement of infrastructure and other important social services like Roads, clean water, hospitals, electricity and other special basic services nearby their projects.

Current NHC Projects

Here are the completed and ongoing projects by NHC Tanzania (As of Oct 2024).

  • Morocco Square Project

Morocco Square is one of the biggest projects developed by NHC in Tanzania, located in Kinondoni district in Dar es Salaam. The projects reflect the NHC commitment to modernize urban development and is a broader strategy to enhance real estate infrastructure in Tanzania. The project has been completed and opened in December 2023.

Listing at Morocco Square

  • The Samia Housing Scheme Project

The Samia Housing Scheme project was named after the current president of Tanzania, Dr Samia Suluhu Hassan. The project is located at Kawe Dar es Salaam, and started in October 2022. The project is in final stages of completion, and is expected to be open at the end of 2024. The Samia Housing Scheme is designed to construct a significant housing unit with modern amenities, ensuring that they meet the needs of diverse group from those low income and middle-income earners.

  • The 711 Kawe Housing Project

The 711 Kawe Housing project is a significant real estate development located at Kawe, Dar es Salaam, approximately 250 meters from the Indian ocean at Kawe beach. The 711 Kawe Housing project is a part of broader effort to address the issue of housing demand in Dar es Salaam.

Listing at The 711

  • The NHC Iyumbu Project Dodoma

The Iyumbu project is a large-scale residential housing development in Dodoma Tanzania under The Tanzania National Housing Corporation NHC. The Iyumbu NHC project is a broader effort of the government relocation of the Tanzania capital from Dar es Salaam to Dodoma. Such efforts have been made to improve the Dodoma city and to meet the increasing demand of housing to this new Tanzania administrative city.

Listing at Iyumby Project

See All Listings by NHC Tanzania

 

Why is NHC Tanzania Recommended?

  • Quality and Standards

NHC projects has been known for the quality and high construction standards ensuring the durability of the buildings.

  • Affordability

NHC provides the affordable housing services to various society groups including the low and middle-income earners. Flexible and affordable payment options including mortgage arrangements are offered, making it easier for people to own a property.

  • Government Backing

NHC Tanzania is an organization owned by the government of Tanzania,  providing a sense of security and trustworthiness to their clients who benefit from their projects.

  • Strategic Location

Most of NHC project are often located in prime and strategic locations across Tanzania, the projects are located to areas where there an easy access to centers of cities and towns across Tanzania. This makes NHC projects attractive for both residential and commercial purposes.

  • Wide Range of Properties

NHC provides a wide range of properties and a variety of housing options, from those who lease to those who buy there is a variety of properties that can be determined by the levels of income and family levels example 2 bedrooms, 3 bedrooms and 4 bedrooms, this shows how NHC has wide range of properties.

See All Properties in Tanzania

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