Real estate developers have called on individuals to engage the right consultants in their attempts to purchase a home, so as to avoid falling victim to substandard houses or land litigations.
Their comments come on the back of rising concerns over some home buyers experiencing land litigations shortly after buying...
The Ghana Institution of Engineering (GhIE) on Friday launched the 2022/23 Ghana Infrastructure Report Score in Accra.
In his welcome address, Executive Director of GhIE Ing. David Nyante expressed the institution’s delight to launch the 2022/23 Ghana Infrastructure Report Score Card, saying a country that does not take inventory of...
May Day, also referred to as International Worker's Day, is commemorated by most countries around the world to celebrate the achievements of various labour movements; but over time has also offered an opportunity for labour groups to present their challenges to state leaders for address.
This year, as the nation...
Trellidor is concerned for the safety of customers who are being lured by low-cost burglar-proofing companies into thinking they are adequately protected from burglary and armed robbery.
In a statement issued this week, Charles Larnor, General Manager Trellidor Ghana, lamented on the increasing number of companies selling inferior burglar-proofing to...
On the back of government's quest to encourage investment in real estate development, and meet the country’s housing deficit through the implementation of the Real Estate Investment Trusts (REIT), the Ghana Real Estate Developers Association (GREDA) has lauded the initiative, saying, this will give them the needed funding.
According to Deputy...
Ghana’s largest privately-owned indigenous bank, Fidelity Bank, has signed a Memorandum of Understanding (MoU) with six real estate developers to enable customers access mortgage loans.
The agreement will see Fidelity and the real estate developers - Integral Associates, GHS Housing, Adom City Estates, Priority Homes, Blue Rose Developers and New...
The global construction giant WBHO has appointed Senyo M. Adjabeng as it’s Country Director for Ghana.
Prior to his appointment, Mr. Adjabeng was the Human Resources Lead for the business in Ghana. He brings 20 years of experience working in various executive positions and sectors in Ghana including banking, consulting,...
As building materials prices skyrocket, labour cost up 50%
Housing deficit to widen
For a Ghanaian, the final piece of a successful career is to have a place to call home - but that dream is quickly fading for many due to rising cost of building materials, a...
The high financing costs associated with real estate development and the undersupply of affordable housing has necessitated government’s quest to encourage investment in the sector, through the implementation of the Real Estate Investment Trusts (REIT), Deputy Director-General of Finance, Securities and Exchange Commission (SEC), Paul Ababio, has said.
The REIT,...
Real estate developers in the country have proposed an 11 percent interest rate on dollar-denominated mortgages while the cedi counterpart attracts a 14 percent interest rate to help provide affordable housing to Ghanaians through the Real Estate Investment Fund.
This, they contend, will help meet government’s proposal to cut down...