Over 125,000 Condos are under Construction in Addis

ADDIS ABABA – The Addis Ababa city council has begun its 3rd regular session where the mayor of the city revealed the city is currently building 125, 000 condos for its residents.

Presenting annual performance report, deputy mayor of the city, Takele Uma, said his administration is currently building 125, 000 condominium houses to address the housing problems in the capital.

Of the total, about 95,000 are being built under the 20/80 housing schemes, while the remaining 29,000 houses are being executed in the 40/60 housing program.

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