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– The long-awaited results for the allocation of commercial shops located on the ground floors of condominium housing sites have been officially released, bringing a wave of excitement and new business opportunities to residents across the capital.
you are looking for, and I can help you find the right office to contact. aahdab.gov.et
When the Addis Ababa Housing Development and Administration Agency or the Commercial Bank of Ethiopia completes a commercial shop draw or competitive auction, the printed editions of Addis Lisan serve as the definitive public record. In recent years, these printed names have also been cross-published digitally via platforms like Scribd and official government portals to increase transparency. addis lisan newspaper condominium shop winners
Ethiopia's housing policy is structured around cost-sharing models, most notably the 40/60 and 20/80 schemes. Under the 40/60 program, an applicant who has saved at least 40% of the total cost of a unit qualifies for the lottery draw, with the expectation of financing the remaining amount through a mortgage from institutions like the Commercial Bank of Ethiopia (CBE). The Addis Ababa Housing Development and Administration Agency (AAHDAA) is the primary body responsible for transferring these units to lottery winners, a process that has often been fraught with delays and legal disputes. Once winners are announced, they are typically required to go to a designated location, such as the AAHDAA office around Megenagna, to formalize their contracts by presenting identification, savings account books, and a certified letter confirming they have no other registered property.
Because the demand for commercial space in Addis Ababa is incredibly high, scams are common.
: Once the bids are opened and verified, the names of the winning bidders—those who offered the highest prices per square meter—are officially published in Addis Lisan , the city administration’s official newspaper. Recent Trends and High Offers If you need guidance on for business properties
: 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 Addis Ababa City Administration has officially released the highly anticipated list of winners for the latest commercial condominium shop lottery through the Addis Lisan newspaper. This release marks a crucial milestone for thousands of entrepreneurs, small business owners, and investors looking to secure prime commercial real estate within the city's rapidly expanding housing projects.
💡 Always verify the "Edition Number" and "Date" of the Addis Lisan newspaper to ensure you are looking at the most recent lottery results rather than archived data. AI responses may include mistakes. Learn more aahdab
Taking the top prize of and a one-year free subscription to Addis Lisan , Tigist Mengistu , owner of "Yetayetu Grocery" in the Bole Arabsa Condominium site, was named the Grand Winner.
Over 146,892 residents were included in this specific lottery pool. Commercial Shop Auctions
Are you having trouble finding your specific site on the list? Let me know which condominium project