Real Estate Finance

Ministries Finance, Housing engage real estate developers in housing incentive packages

Ministries Finance, Housing engage real estate developers in housing incentive packages

To address Ghana’s housing deficit, the Ministries of Finance and Housing have engaged real estate developers and other stakeholders on a proposed incentives package for the housing industry. The proposed incentives were outlined by the Minister for Works and Housing, Kojo Oppong Nkrumah, at the ongoing Built Environment National Conference on Housing and Hydrology (BENCHH) 2024 in Accra. Speaking...

Real estate firms defend high cost of housing in Ghana

Real estate firms defend high cost of housing in Ghana

Several real estate firms in Ghana have defended the high cost of houses in the country, attributing it to the rising expenses of construction and the need to absorb development costs. Speaking on PM EXPRESS BUSINESS EDITION on November 10, 2023, the Executive Director of Elegant Homes, Dorothy Afua Quarshie, emphasized the challenges faced by developers in financing social amenities and road...

Property Loan in Ghana

How to Acquire Property Loan in Ghana: Comprehensive Guide

How do you secure a property loan in Ghana? Are you seeking to acquire a property loan from your bank in Ghana? This article is for you. When seeking a loan for property purchase in Ghana, meticulous preparation of necessary financial documents is crucial. These include proof of income, bank statements, tax returns, and other pertinent financial records. Ensuring the organization and readiness of...

Lakeside Estate Unveils Lakeside Hills - A New Standard in Comfortable Living

Lakeside Estate unveils Lakeside Hills: A new standard in comfortable living

Adentan Municipality, Ghana - Lakeside Estate, a prominent real estate developer and the proud recipient of the Chartered Institute of Marketing Ghana (CIMG) real estate marketing company of the year 2021 award, has officially launched its latest project, 'Lakeside Hills.' The new lifestyle community aims to redefine comfortable living experiences for both families and individuals. Dr Prince Joseph...

GREDA's Executive Secretary, Sammy Amegayibor

GREDA raises alarm over influx of illicit money into real estate

The Ghana Real Estate Developers Association (GREDA) has voiced concern over the surge of illicit funds into the real estate sector, signalling potential economic repercussions. The association highlights the sector's vulnerability to money laundering, attributing it to tightened banking systems diverting illicit money toward real estate. GREDA's Executive Secretary, Sammy Amegayibor, stressed the...

Accra's Urban Evolution: A Nexus of Challenges and Opportunities

Accra’s Urban Evolution: A Nexus of Challenges and Opportunities

In 1877, the pivotal decision to relocate the Gold Coast's capital to Accra initiated a transformative journey that shaped the city into a bustling commercial hub, embodying the allure of urban living. However, Accra's meteoric rise, constituting nearly 17% of the nation's population within a mere 1.4% of the country's land mass, has birthed a phenomenon with both challenges and promising prospects...

Kasa Bazaar

Ghana government urged to support real estate industry for affordable housing

ACCRA, Ghana - The government has received a call to provide robust support to the real estate industry to facilitate the construction of affordable houses for Ghanaians. John William Adel, President of real estate firm Kasa Bazaar, emphasized the importance of government intervention to bolster the real estate sector. Speaking at the launch of Kasa Bazaar in Accra, Adel urged the government to...

Private sector can alleviate Ghana's housing deficit - Allied Consortiums Group Chairman

Private sector can alleviate Ghana’s housing deficit – Allied Consortiums Group Chairman

Benjamin Kofi Quashie, the Group Chairman of Allied Consortiums, has asserted that the private sector can play a crucial role in addressing Ghana's housing deficit. Mr Quashie proposed incorporating the Southern African mortgage and rental system, citing South Africa's robust real estate business as an example. In an interview with Joy News, Mr Quashie emphasized the effectiveness of South Africa's...

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