Kara kore slopes lie in ‘Ayer Tena’ district as it means in Amharic ‘Ayer Tena’ or healthy Air (bel Air) describes the air in the area: - unpolluted, fresh and crisp air with a view of the most beautiful sceneries of the mountains surrounding Addis Ababa behind Repe high school. The total development area is 300,000 m. sq.  The first time 1600  homes will be built in this project. The site is the closest suburb to Addis Ababa city, 6 km from the Old Airport. For the property owners the lease duration is for 99 years.

Backed with the experience and the multi billion financial capacity of the Bugshan International group, and Bajrai Saudi international group Kara Kore Real Estate PLC homes will be of international standard. Bugshan international group and Bajrai international group are engaged in a wide range of projects world wide:- Real estate development, manufacturing, finance, Pepsi cola in Jeddah, a 300 housing unit in the Emirates, Bugshan hospital in Jeddah, the Amrit Medical Co. in Syria, the Meridian hotel in Sherm Al Sheikh in Egypt are some of the projects owned by this group.

The vastness of the space in Kara kore has given the designers the liberty to design houses in comfortable setting providing comfort, security and convince. More than 12 models have been designed to meet various tastes and preferences. A shopping centre with recreation areas and community center will further enhance comfort and convenience.