Addis Ababa City Land Lease Auction Brings in Over 176 Million Br.
The Addis Ababa City Administration collected more than 176 million birr from auctioning 58 plots at the third round land lease auction.
Plots allocated for residence purpose attracted the highest bid in the latest auction round opened the past week. A 173sqm plot for residence around Ayat Real Estate area bring 12,875 Ethiopian birr per sqm.
Most of the plots auctioned in Bole sub-city fetched over 9,000 birr per sqm. The least price offered in this sub city being 8,195 birr per sqm for a 175 meter square plot of land.
Add a comment Add a comment