 | This article needs to beupdated. 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. Please help update this article to reflect recent events or newly available information.(August 2023) |
| Company type | Private |
|---|---|
| Industry | |
| Founded | 2006; 19 years ago (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 inUganda. Tirupati Group Limited provides development funding and also constructs its own buildings.
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 theKamwookya suburb of the country's capital,Kampala, (b)Ovino Market, a development in theKisenyi Area, a former slum in the center of Kampala, (c)Bugoloobi Executive Apartments, an upscale development in the suburb ofBugoloobi and (d)Nkumba Village amixed-use development consisting of university student hostel and a shopping mall, near the campus ofNkumba University, approximately 8 kilometres (5.0 mi), by road, northeast of thecentral business district of the town ofEntebbe.
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 theUganda 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 renovateMasaka Regional Referral Hospital for approximately US$4 million (USh:10.6 billion).[2][3]
As of November 2014[update] the following real estate projects have either been completed or are in development by the company:[4]
| Name of development | Location | Country | Type | Capacity | Year completed or completion expected | Estimated value (US$) | 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 |
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 anagribusiness 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 inKayunga District.
