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Over 850 mln Birr Gift Real Estate Village Inaugurated

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Gift Real Estate’s new village which built at a cost of over 850 million Birr has been inaugurated on Saturday.

The inaugural ceremony held on May 13 held at Meri Loqe (around CMC road) has been graced by the presence of higher officials like


President Dr. Mulatu Teshome and Dr. Ambachew Mekonnen, Ministry of Urban Development and Houses, among others.

The village is rests on 90,229 meter care of land with over 350 villa houses of different designs.

The target customers are going to be people with having a higher and middle income levels, according to the Gift Real Estate’s press statement availed to Dire Tube.

Gift’s total amount of investment is two billion Birr on 16.3 hectare of land dedicated from the government. The company has created 1500 permanent and temporary job opportunities.