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Why official land prices no longer reflect reality
Summary by The New Times | Rwanda
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Why official land prices no longer reflect reality
The official land price reference list, which by law should be updated annually, has not been revised since 2021. Five years later, official prices no longer reflect market realities, creating tensions in valuation, expropriation and private transactions. The list serves as a benchmark for compensation in public projects and as a guide for professional property valuation nationwide. However, with no update as of 2026, industry experts say the ou…
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