Private | |
Industry | Real Estate & Construction |
Founded | 2006 |
Headquarters | Tirupati Mazima mall kabalagala, Ggaba Road, Kampala, Uganda |
Key people
|
Rajesh shah Chairman Jitendra Patel Managing Director & CEO |
Products | Office Towers, Shopping Malls, Condominiums, Apartment Complexes |
Total assets | US$100+ million (2014) |
Number of employees
|
2,000+ (2014) |
Website | Homepage |
Tirupati Group Limited (TGL), is a privately owned real estate development and construction company in Uganda, the third-largest economy in the East African Community.
Tirupati Group Limited is unique in its approach to real estate investment and development. It provides the development funding and also internally constructs its own buildings. In June 2014, TGL won the contract to upgrade and renovate Masaka Regional Referral Hospital for approximately US$4 million (USh:10.6 billion).
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.
As of November 2014[update] the following real estate projects have either been completed or are in development by the company:
In addition to developing and constructing real estate projects, TGL has several non-real-estate related subsidiaries, including the following: