It is an undeniable fact that correcting Ghana’s housing deficit would require concerted efforts by both the government and private sector. At Citi FM’s Housing Forum which came off on Tuesday at the Alisa Hotel, discussants identified the systemic challenges facing the housing sector and looked at ways to correct the trend. These bordered on … Read more
The final outdoor event of the Citi Business Festival, which is the Real Estate/Housing Forum, is underway at the Alisa Hotel in Accra. The forum is a thought leadership platform created to discuss key issues within the real estate and housing sector in Ghana. The forum is looking at pertinent issues in the sector such … Read more
The Ghana Real Estate Developers Association (GREDA) has stated that the industry is facing huge crises due to its unproductive nature. The Association has attributed this to the low patronage as a result of the high costs of properties. According to GREDA, though its members are expected to produce about 70, 000 houses, they only … Read more
The Ghana Real Estate Developers Association (GREDA) says its analysis points to the fact that lower income earners within the country may never benefit from government’s affordable housing project. According to them, current conditions and systems prevailing within the country do not favour lower income earners who dream of owning a house. At an affordable … Read more
The demand for mortgages is likely to soar following the announcement of the removal of the 5 percent Value Added Tax (VAT) on real estate sales, industry players have projected. According to the Executive Secretary of the Association, Sammy Amegayibor, the removal of the 5 percent VAT means more prospective home buyers can afford to … Read more
Ghana Home Loans has held its first Developers and Estate Agents seminar for the year . The seminar assessed business performance for previous years and further deepened relationships with industry players, too. The well attended event saw over 120 developers across country participating, with leading urban planning specialist Dr. Kwadwo Ohene Sarfoh and representatives from … Read more
The Ghana Real Estate Developers Association (GREDA) has welcomed government’s plan to establish a housing fund. The association says the move when instigated, will reduce housing cost and boost the housing industry. The Minister nominee for Works and Housing, Samuel Atta Akyea on Wednesday [January 11, 2017] hinted of government’s plans to introduce a housing … Read more
The Ghana Real Estate Developers Association (GREDA) has welcomed government’s plan to establish a housing fund. The association says the move when instigated, will reduce housing cost and boost the housing industry. The Minister nominee for Works and Housing, Samuel Atta Akyea on Wednesday [January 11, 2017] hinted of government’s plans to introduce a housing … Read more
Competition in the cement industry has been identified as a fundamental tool to ensure that cement becomes affordable. The Centre Coordinator for CUTS International, Mr Appiah Kusi Adomako, said such competition in the market was healthy because it led to lower prices of goods and services, provided better service and wider options for consumers, stimulated … Read more
Competition in the housing sector is keen with estate developers jostling to out-compete one another while the average Ghanaian worker races to acquire a home for a lifetime. Home finance experts say a fundamental disparity exists between the properties many Ghanaians are trying to build or buy, and those they can actually afford. Managing Director … Read more