Real estate sector is a key sector and a potential driver of future economic growth in Rwanda. This is due to the high demand for residential and commercial buildings and in 2012 the sector growth was 9 per cent. Growth in the sector has been driven by population growth of 2.8 percent per annum, an emerging and growing middle class, increased Diaspora investment in Rwandan property markets and government investment in infrastructure expansion and modernization of urban and rural infrastructure
Legal framework in the Real Estate Sector Rwanda
Ministry of infrastructure
Ministry of infrastructure is to ensure the sustainable development of infrastructure in order to contribute to the economic growth with a view to enhancing the quality of life of the population.
Rwanda Housing Authority (RHA)
RHA is responsible for implementing the National Housing, Urbanization, construction and Government Assets management policies through coordination, conception, development, monitoring and evaluation of actions
The Urban Housing Policy
The main objective of the “Urban Housing Policy” of Government of Rwanda is to contribute towards improving the conditions of living of the urban population through controlled and harmonized development of urban areas and provision of affordable housing to all sectors of the population. The Government aims to engage the private sector and promote its active participation in driving housing and real estate development in the country.