The financial metrics associated with the specific unit allocation. Critical Next Steps for Lucky Winners
For residential units (studios, 1-bedroom, 2-bedroom, and 3-bedroom layouts), the city utilizes a computer-generated lottery draw based on consistent savings milestones.
The draw, which was held to promote and reward loyal readers of the Amharic-language newspaper, saw hundreds of participants vying for a chance to win one of several brand new condominium shops in prime locations across Addis Ababa.
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. addis lisan newspaper condominium shop winners
(meaning "Addis Voice") is a local Amharic newspaper published by the Addis Ababa City Administration. It serves as an official platform for publicizing city administrative actions, including housing transfers, lease auctions, and, crucially, the results of condominium shop bids.
The Addis Lisan Newspaper Condominium Shop Winners project has several benefits for Ethiopians. Some of the key benefits include:
Many winners' lists, including the 40/60 Round 2 Winners and 13th Round 20/80 Updates , are archived on platforms like Scribd. The financial metrics associated with the specific unit
The Addis Lisan Newspaper Condominium Shop Winners project is significant for several reasons. Firstly, it represents a major step forward in addressing the housing shortage in Ethiopia. The project will provide hundreds of new homes for Ethiopians, as well as commercial spaces for businesses.
: The lists typically categorize winners by unit type—such as studios, 1-bedroom, 2-bedroom, or 3-bedroom units—and often include the specific site locations where the houses were built.
Banks Scramble For Condominium Shops - The Reporter Ethiopia Once winners are announced, they are typically required
, the official organ of the Addis Ababa City Administration, has published the comprehensive list of winners for the latest round of shop transfers.
Never rely on unofficial screenshots sent via social media. Always double-check the physical Addis Lisan newspaper or verified government websites.