Tirupati Group

Last updated
Tirupati Group Limited
Type Private
Industry
Founded2006
HeadquartersTirupati Mazima Mall
Ggaba Road, Kabalagala, Kampala, Uganda
Key people
joint managing director num_employees = 2,000+ (2014)
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.

Contents

History

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

As of November 2014 the following real estate projects have either been completed or are in development by the company: [4]

Name of developmentLocationCountryTypeCapacityYear completed or completion expectedEstimated value (US$)Notes
Namanve Shopping Center KIBP Uganda Shopping Mall 150 Offices2017
Tirupati Bujumbura Shopping Center Bujumbura Burundi Shopping Mall Offices, Restaurants & Shops2016
Tirupati Bukoto Shopping Mall Bukoto Uganda Shopping Mall Offices, Shops, Restaurants, Parking & Security2018
Marina Portbell Apartments Port Bell Uganda Residential Apartments 150 Offices2018
Tirupati Heights Kampala Uganda Upscale Apartments Apartments2018
Tirupati New Mazima Kampala Uganda Shopping Mall Retail space, Parking, Security2019
Tirupati Towers Kampala Uganda Office Complex150 Offices2020
Bugolobi Apartments Bugoloobi Uganda Upscale Apartments 14 Luxury Apartments2020 Condominiums
Mazima Shopping Mall I Nsambya Uganda Shopping Mall Retail shops, Supermarket, Offices & Parking201215 millionOpposite American EmbassySits on 1.2 acres
Mazima Shopping Mall II Kabalagala Uganda Shopping Mall Hotel, Restaurant, Ban Hall20152.1 million Bank of Baroda on Ground Floor
Tirupati Half London Kabalagala Uganda Office ComplexOffices20122.1 million
Nkumba University HostelNkumba, Entebbe Uganda University Student Hostel144 Self-contained rooms20113 millionLocated on 22 acres with lake view
Ovino MarketKisenyi, Kampala Uganda Urban Retail Market350 retail shops, 50-room hotel, 7 restaurants, parking201010 million
Miami Villas Luzira, Kampala Uganda Luxury Homes6 Villas, each with 3 ensuite bedrooms201112.1 million
Tirupati House Kamwookya, Kampala Uganda Office Tower14 Executive Offices & Retail Units20082 millionHouses HQ of TDUL

Subsidiary companies

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

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References

  1. Musinguzi, John (10 February 2010). "Tirupati: The Regional Leader In Novelty". The Observer (Uganda) . Retrieved 26 November 2014.
  2. Kaggwa, Andrew (16 June 2014). "Masaka Hospital To Get 800-Bed Block". The Observer (Uganda) . Retrieved 26 November 2014.
  3. Emorut, Francis (11 June 2014). "Government Earmarks USh10 Billion for Masaka Hospital". New Vision (Kampala). Retrieved 26 November 2014.
  4. "Projects". Tirupati Development Uganda Limited. Archived from the original on 25 November 2014. Retrieved 26 November 2014.
  5. "Tirupati Biomedical Waste Services". Tirupati Development Uganda Limited. Archived from the original on 4 March 2016.