Wakara, Wakara E.
(2023)
The Determinants of Real Estate Business Development efficiency In Dar es Salaam, Tanzania.
Masters thesis, The Open University of Tanzania.
Abstract
Real estate business development in Tanzania has been considered as the very important sector in the development of the country, However the issues related with development of real estate business development in urban areas has been challenging in its efficiency.This study investigates the determinants for efficiency of real estate business development specifically, on effect of service quality, land accessibility, legal compliance and real estate related costs, to achieve this objective, the study employed descriptive research design and inferential research design.Convenient sampling technique was used to select the sample size. Data was collected using structured questionnaire from respondents in Ubungo, Ilala and Kinondoni in Dar es Salaam. A total of 150 questionnaires were administered to various respondents who were actively engaged in the Real estate industry in Dar es Salaam but the researcher managed to obtain 150 completed questionnaires representing a response rate of 100%.The collected data was edited, coded and analyzed using Statistical Package for Social Science (SPSS) version 20 and Microsoft Excel computer package. The research findings revealed that there was a strong positive relationship (R = 0.791) between service quality, land accessibility, legal compliance, real estate related other costs and efficiency of real estate business development. Lastly, the study recommends the need for the government, local government authorities and real
estate developers on enhancing service quality by investing in customer service training and developing efficient communication.
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