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Saglemi Housing Project to Resume After Years of Delay

After years of stagnation, work on the Saglemi Affordable Housing Project is set to resume, according to Kenneth Gilbert Adjei, the Minister for Works, Housing, and Water Resources. He assured the public that efforts were underway to bring contractors back to the site.Speaking during a visit to housing projects in Shai Hills and Ningo Prampram, the minister emphasized the government’s commitment to preventing future project delays. He stressed the importance of timely completion and warned contractors against missing deadlines.The Saglemi project, initiated in 2012 under President John Mahama, aimed to provide 5,000 affordable housing units. However, it stalled in 2017 due to allegations of financial mismanagement. While legal battles followed, the current Attorney General has discontinued cases against former Minister Collins Dauda, clearing the way for work to continue.To prevent similar issues in the future, the government plans to implement […]

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7 Essential Steps for Buying Litigation-Free Land in Ghana.

Victor Owusu Asante, a legal and real estate expert, has outlined seven crucial steps to ensure a litigation-free land acquisition in Ghana. In an interview with Graphic Online, he emphasized due diligence and professional assistance to avoid common land disputes.Identify the Seller: Confirm the seller's identity and status—individual, company, foreigner, or Ghanaian.Engage a Licensed Surveyor: Visit the land with your own surveyor to confirm coordinates and generate an independent site plan.Conduct Official Searches: Use the Lands Commission's consolidated search system to check the land's status, whether public, family, or stool land.Litigation Search: Investigate the land's legal status at local courts to confirm it’s free from disputes.Check Land Zoning: Verify the land’s zoning with the Land Use and Spatial Planning Authority (LUSPA) to ensure compatibility with your intended use.Review Search Reports: Hire a real estate lawyer to analyze reports before proceeding.Finalize […]

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Ghana Courts Diaspora: Real Estate as the Best Investment Bet.

At the inaugural Ghana-Diaspora Home Purchase Expo held in Accra, Ghanaians and Africans living abroad were urged to consider real estate investments as a top financial opportunity. Speakers emphasized that owning property in Ghana provides better returns compared to traditional investments like bonds or stocks.The two-day expo, themed “Our Homes, Our Investment, Our Heritage”, aimed to connect diaspora investors with experts in property development, financial institutions, and legal advisors. Companies such as Devtraco Woodlands, Jade Homes, and Royal Golf View Luxury Apartments were among the exhibitors.Tax consultant Fred Awutey highlighted that property investments in Ghana come with significant tax benefits since properties are not taxed until sold. Meanwhile, finance expert Felix Kyei-Mensah noted that Ghana’s stable economy, favorable business climate, and high rental yields—ranging between 7% and 12% annually—make it an unmatched choice in West Africa.Legal expert Alex Osei-Owusu emphasized […]

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