Imaby Homes, a fast-growing real estate division under the Abuya Group of Companies, has won two awards at the 6th edition of the Forty Under 40 Awards in Accra.

Abuya Group of Companies grabbed the People’s Choice Award and the Architecture Award in recognition of its dedication and commitment to building the real estate industry, and its contribution to the real estate industry.

The Abuya Group, provides services to both corporate and private clients in the fields of road construction, architectural design and building contracts, cleaning services, facility management, and real estate development.

The 40 under 40 awards scheme, identifies, honours, and celebrates a cross-section of Ghana's most influential and accomplished young business leaders under the age of 40 from a wide range of businesses and industries.

It is committed to business growth, professional excellence, and community service.

In an interview after the events, the CEO of the Abuya Group, Iddrisu Aminu, said "I am highly elated that Abuya Group and Imaby Home, have been recognised with two of the most coveted and credible awards.

"This is a testimony that Ghanaians believe in the prospects of indigenous businesses.

He reiterated the need for Ghanaians to patronise and believe in their contractors to help create employment, especially the unemployed teeming youth.

According to him, over-dependence on foreign contractors and "neglecting local contractors is not the best way to go, as it has the tendency of affecting the economy"

He added that the more companies of Ghanaian origin get recognised, the bigger the boost to the economy.

“These awards are a great acknowledgement of Abuya Group's track records of excellence and its contribution to Ghana’s economic growth.

"We place these awards in high regard and will serve as a constant reminder to us to continue value for all our clients and positively impact our nation,” he added.

Mr Iddrisu Aminu said, "the two awards have thrown me with a challenge and my company to be more focused to ensure it keeps providing quality service.

"There are a lot of competitors in the real estate industry so there is the need for Abuya Group to maintain its quality, and luxury and not to dilute what the company stands for.

Commenting on the challenges facing the industry, he expressed worry over the rapid and escalating cost of building materials and land acquisition dispute challenges in some parts of the country.

He pleaded with government to partner with developers on different levels to ensure housing is affordable to all and sundry.

Attributing the high cost of housing in Ghana to raw materials, Mr Idrissu, lamented that the real estate industry is faced with a lot of challenges due to the unstable prices of building inputs.

“The rising cost of cement, iron rods, fuel, and other building materials poses the greatest challenge to our affordable housing delivery in the country,” Mr Idrissu noted.

He, therefore, urged industry players to stay focused and make sure they deliver quality products to the public for value for their money.