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Sudhir Ruparelia Buys Lotis Towers From dfcu Bank

The battle for the defunct Crane Bank has been set aside dfcu Bank has sold the auctioned Lotis Towers to Sudhir Ruparelia.

“This serves to communicate that property comprised in Freehold Register Volume KCCA 40, Folio 23, Plot 16, Army Avenue, Nakasero, Kampala was sold pursuant to a public auction by DFCU Bank Ltd through its auctioneers Jubilee Auctioneers to Dr. Sudhir Ruparelia and Jyotsna Ruparelia,” reads the communique from Sudhir Ruparelia.

The communique further reads; “Therefore, all your dealings will be with the new landlord.”

“Accordingly, please ensure that you submit all your current signed tenancy agreements with proof of payment made up-to-date in order to regularise the tenancy agreement with the new landlords,” Sudhir emphasised.

“Furthermore, irrevocably all rent and/or any arrears should be paid to your new landlords on the following Bank account details only (No cash payment allowed).”

A number of residents were forced to vacate the 14-story luxury building at plot 16 MacKinnon Road, Nakasero, in 2022 due to structural issues.

Legislators found in their report that the Roko Company’s reinforced concrete column on the sixth floor of Lotis Towers had experienced “compression failure,” endangering the structural integrity of the structure.

The basement contained “multiple columns with similar signs of failure,” according to the National Building Review Board (NBRB).

However, only one of the 21 columns—located in the basement and on the sixth floor—has slight cracks, according to project consultants Armstrong Consulting’s Eng. Kenneth Magembe.

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