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Bei za nyumba watumishi housing | Utaratibu wa kununua /Kukodi nyumba Watumishi Housing

WHC OVERVIEW

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Bei za nyumba watumishi housing | Utaratibu wa kununua /Kukodi nyumba Watumishi Housing Watumishi Housing Company (WHC) is a public entity established in 2013. WHC is a property developer and a licensed fund manager for management of the Watumishi Housing Company-Real Estate Investment Trust (WHC-REIT). WHC-REIT was licensed by the Capital Market and Security Authority (CMSA) in 2015 and became the first fully-fledged REIT to be established in Tanzania and East Africa. As a property developer, WHC-REIT is the main implementer of the Tanzania Public Servant Housing Scheme tasked with building of 50,000 housing units in five phases commencing from FY 2014/2015. Houses shall be sold under mortgage arrangements, hire purchase/rent to own, progressive payments and upfront cash to public servants, private sector employees and other members of pension funds (PSSSF, NSSF and NHIF) across Tanzania and Diaspora. However, under this scenario, Public servants shall continue to buy houses and shall be given preferential treatment whenever there is a competition for few houses.

Investment in Real Estate Investment Trusts (REITs) is a new concept in Tanzania and yet it provides an immense opportunity for the general public to participate and create personal wealth as well as contribute towards overall economic development. WHC-REIT seeks to work with other national and international fund manager and other stakeholders to develop this market in a manner that is beneficial to all parties.

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PURCHASING PROCESS

- 1. Obtain house application form from WHC Offices or download one from our website or from project offices or contact sales team via phone numbers +255757437594,+255756447422 or +255715353465.

- 2. Submit dully completed application form to WHC Offices or by mail or register through P.O Box 5119 Dar es Salaam. On submission, you should pay Tsh. 10,000/= as part of application fee.

- 3. Your application will be further scanned and processed as per WHC regulations where successful applicants will be informed in writing.
4. Home buyers can pay by:
- Installment during construction period and upon completion of the project.
- Mortgage arrangement with the partner banks.
- WHC Home Loan for some selected Projects eg. Mkundi.
- Cash (Direct purchase).
5. WHC will issue a house title to the buyer who has successfully completed the payments.