Addis Lisan Newspaper Condominium Shop Winners

Pay the mandatory advance percentage (usually ranging from 50% to 100% depending on the specific round's rules for commercial units).

: Results are strictly published in the physical Addis Lisan newspaper and occasionally summarized by media outlets like The Reporter Ethiopia and Fana Broadcasting Corporate (FBC) .

The highest-value commercial spaces are sold through a formal bidding process. The city sets a "floor price" per square meter based on building costs, and interested parties submit sealed bids.

Ensure you understand the exact date your first monthly installment is due. Forfeiture Risks addis lisan newspaper condominium shop winners

: Check that your name, registration number, and the specific shop site match your original application. Payment Deadlines

Commercial units are subject to standard or slightly subsidized commercial interest rates.

The Ethiopian government has been working to address the country's housing shortage for several years. The shortage is particularly acute in urban areas, where rapid urbanization has put a strain on existing infrastructure. In response, the government has launched several initiatives aimed at increasing the supply of housing, including the development of condominiums. Pay the mandatory advance percentage (usually ranging from

Addis Ababa's urban landscape is in the midst of a dramatic transformation, a process largely driven by the Integrated Housing Development Programme (IHDP). Since its launch in 2006, the program has constructed over 250,000 subsidized flats, reshaping the city's peripheries with sprawling estates of standardized concrete high-rises. While much of the public's attention has focused on the thousands of residential units allocated through a controversial lottery system, a parallel—and equally significant—process has been unfolding for the commercial spaces at the base of these complexes. The allocation of condominium shops is a high-stakes arena that pits ambitious small business owners against deep-pocketed financial institutions, all governed by a hybrid system of public lotteries and aggressive auctions.

This stringent process, anchored by the public announcement in Addis Lisan, is designed to ensure that only eligible and verified individuals take ownership of these highly sought-after properties.

Thirdly, the project demonstrates the government's commitment to increasing access to housing for ordinary Ethiopians. The shop winners component of the project is particularly noteworthy, as it gives ordinary Ethiopians the opportunity to purchase commercial spaces at a discounted price. The city sets a "floor price" per square

Your unique lottery identifier.

To support equitable economic development, the city sets aside a percentage of ground-floor shops for youth groups, women-led businesses, and organized local micro-enterprises. These units are allocated through a direct lottery, and the winners' names are categorized by sub-city and site in the pages of Addis Lisan . What to Do If Your Name Appears in Addis Lisan

: It is the definitive source used by the Addis Ababa Housing Development and Administration Agency to provide the full, verified names of beneficiaries for various housing rounds (e.g., 20/80 and 40/60 schemes).