Location
- Mtoni Kijichi, Temeke Dar es Salaam
Distance
- 2 km off Kigamboni – Kongowe Road
- 18 km from Kigamboni Ferry Station
- 15 km from City Centre via Kilwa Road
Construction Phases
2nd Phase – 215 units 2009 (completed)
- Single houses having 2-4 bedrooms with 10 different designs
3rd Phase – 820 units 2013 (completed)
- Massionate, apartments with 3 – 4 bedrooms of 8 different types
Eligible Buyers
- Tanzanian citizen with capacity to buy a house either by cash or hire purchase basis.
Prices
Model of Payment
- Cash basis
• Payments are made directly to NSSF
- Higher purchases;
• Maximum payment period is 15 years
• Monthly payments are as per repayment schedule
• Down payment equivalent to 3 month installments
• Balances attract interest rate of 11.44% p.a
Procedures to be followed
- Application forms for the house are available at NSSF-HQ for Tshs. 5000/-
- Potential customers should visit and select the intended house;
- the purchaser should return dully filled application form to the Fund
- Offer Letter to the successful buyers
- Signing of Sale Agreements
- payment of down payment for higher purchaser
- Handing over the key to the buyers after signing of sale agreement and payment of down payments.
- Monthly repayment as per approved Repayment Schedule for the higher purchase buyers.