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Title: :  Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania
PaperId: :  12178
Published in:   International Journal Of Advance Research And Innovative Ideas In Education
Publisher:   IJARIIE
e-ISSN:   2395-4396
Volume/Issue:    Volume 6 Issue 3 2020
DUI:    16.0415/IJARIIE-12178
Licence: :   IJARIIE is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Author NameAuthor Institute
Anthony NyangarikaInstitute of Adult Education
Zacharia Joseph NgasaInstitute of Adult Education

Abstract

Social Science
Economic Development; Real Estate Investment; Real Estate Opportunities; Dodoma - Tanzania
The Tanzanian housing sector’s fast-growing demand is mainly driven by the fast-growing Tanzanian population which is estimates to be 53.47 million and that is expected to more than double by 2050 while increasing its growth rate from the current 1.56 million per year to 2.98 million per year in 2025 according to the United Nations (UN). This study employed both the quantitative and qualitative approaches were used using primary data and secondary data for this study. The study findings recommend reforms flexibility and improvement on laws especially land ownership which findings of this study show that the real estate marketing and investment has a great potential for growth in Dodoma and is strategically positioned to fill up this gap on demand for facilities such as housing and accommodation, commercial offices, hotels, guest houses, lodges, etc. The potential for growth of real estate marketing and investment also comes with a greater and wide range of job opportunities under economic circumstances for people in agriculture, service sectors, traders, and manufacturing subsectors thus contribute to the economic growth of the region and the country. In relation to the technical nature of the real estate business especially the marketing and investment components, the study recommends that pro-active measures are needed to inject professionalism in the sector and the need for implementation of real estate management systems.

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IJARIIE Anthony Nyangarika, and Zacharia Joseph Ngasa. "Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania" International Journal Of Advance Research And Innovative Ideas In Education Volume 6 Issue 3 2020 Page 1513-1526
MLA Anthony Nyangarika, and Zacharia Joseph Ngasa. "Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania." International Journal Of Advance Research And Innovative Ideas In Education 6.3(2020) : 1513-1526.
APA Anthony Nyangarika, & Zacharia Joseph Ngasa. (2020). Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania. International Journal Of Advance Research And Innovative Ideas In Education, 6(3), 1513-1526.
Chicago Anthony Nyangarika, and Zacharia Joseph Ngasa. "Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania." International Journal Of Advance Research And Innovative Ideas In Education 6, no. 3 (2020) : 1513-1526.
Oxford Anthony Nyangarika, and Zacharia Joseph Ngasa. 'Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania', International Journal Of Advance Research And Innovative Ideas In Education, vol. 6, no. 3, 2020, p. 1513-1526. Available from IJARIIE, https://ijariie.com/AdminUploadPdf/Impact_of_Real_Estate_Investment_Towards_Economic_Development_Opportunities_in_Tanzania_ijariie12178.pdf (Accessed : ).
Harvard Anthony Nyangarika, and Zacharia Joseph Ngasa. (2020) 'Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania', International Journal Of Advance Research And Innovative Ideas In Education, 6(3), pp. 1513-1526IJARIIE [Online]. Available at: https://ijariie.com/AdminUploadPdf/Impact_of_Real_Estate_Investment_Towards_Economic_Development_Opportunities_in_Tanzania_ijariie12178.pdf (Accessed : )
IEEE Anthony Nyangarika, and Zacharia Joseph Ngasa, "Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania," International Journal Of Advance Research And Innovative Ideas In Education, vol. 6, no. 3, pp. 1513-1526, May-Jun 2020. [Online]. Available: https://ijariie.com/AdminUploadPdf/Impact_of_Real_Estate_Investment_Towards_Economic_Development_Opportunities_in_Tanzania_ijariie12178.pdf [Accessed : ].
Turabian Anthony Nyangarika, and Zacharia Joseph Ngasa. "Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania." International Journal Of Advance Research And Innovative Ideas In Education [Online]. volume 6 number 3 ().
Vancouver Anthony Nyangarika, and Zacharia Joseph Ngasa. Impact of Real Estate Investment Towards Economic Development Opportunities in Tanzania. International Journal Of Advance Research And Innovative Ideas In Education [Internet]. 2020 [Cited : ]; 6(3) : 1513-1526. Available from: https://ijariie.com/AdminUploadPdf/Impact_of_Real_Estate_Investment_Towards_Economic_Development_Opportunities_in_Tanzania_ijariie12178.pdf
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