Real Estate

Endeavor to build quality homes – GREDA to members

The Ghana Real Estate Developers Association (GREDA) has charged members to endeavour to deliver quality homes to prospective clients.   

This is to ensure clients are able get value for money as they make such decisions.

Vice President of GREDA, Cynthia Opuni was speaking as special guest at the launch of The Seven; a project by Elrano Projects and Consult at Community 25, Tema.  

She urged the company to tap into its expertise for this project.

“Elrano must use its expertise in both marketing and building technology to deliver quality housing that will serve as icon along the coast of the country and become a beacon to others and provide a template that others will emulate in housing unit”

“We pray that this vision that you’ve birthed will achieve realisation in the shortest possible time,” she added.

The association commended the company for the project.  

“For GREDA, we are here to lend our support to our fellow members especially if somebody is willing to invest their time to construct now in these turbulent times”

Cynthia Opuni said the location of ‘The Seven’ project was worth mentioning.

“A very good location at Community 25 as government expands the main road. The best time to invest in ‘The Seven’ is now as expansion of the road and other infrastructures could soon make properties here quite expensive,” she advised. 

Alluding to the bible, she asked the company not to despise its small beginning.

‘The Seven’ project seeks to maximize space by building seven modern vertical homes in a gated court with landscaping to support green building practices having the clients in mind.

The project offers two options to buyers in the form of Mirth and Verve.

Mirth is a three-bedroom home expandable to four and comes with a terraced roof, pergola, fully fitted kitchen cabinet and wardrobes in all bedrooms.

This option features a mini football set which is provided as a complimentary gift.

The other type; Verve has similar features to Mirth in addition to a penthouse provision, an elevator, a sky bar and a rooftop pool.

This also has mini football and gym equipment provided as complimentary gifts.

For brains behind the name, seven represents perfection. 

Council member of GREDA, Salah Kalmoni urged Elrano to engage the services of professional engineers to deliver buildings that can stand the test of time.

Speaking to Joy Business, he was quite impressed with the buildings.

“We’re very surprised that even though the buildings are big and comfortable for families, you can have three to five bedrooms and other parts of the interior but the most important thing is efficiency”.

According to him, putting seven houses on two plots of land is quite amazing and encouraged more of these ideas as land becomes more expensive.

Mr. Kalmoni liked the approach of the company for beginning with ‘The Seven’.

“The company starting small by deciding to build seven homes and tackle the next project which will be 14 and growing from there instead of going big at a go is commendable. It’s better to go this way even if you have 50 acres of land”

Meanwhile, Managing Director of Elrano Projects and Consult, Rev. Elvin Larkai believes partnership is an important piece that is missing in the real estate space. 

He tells Joy Business this approach could revolutionise real estate in Ghana.

“One developer may have a major strength in concrete product production while another could be a leader in window fabrication. One may have banks of land and another the needed capacities in terms of human resources or capital. If such companies collaborate, it could lead to more houses being built at faster and cheaper rates”

“We don’t think real estate ends with construction though. We believe it is essential to partner with media stakeholders to promote developers’ projects. This would lead to more business opportunities for the media sector and reduce the sales wait time for developers”, Rev. Larkai continued.

Elrano Projects and Consult believes a lot could be achieved in the value chain through collaboration and partnership that lead to the good of both of property seekers and businesses.

According to Rev. Larkai, with thousands of properties built in the country annually, a chunk of them are managed by individuals due to lack of perceived quality and options.

“Fostering relationships in the industry would shift this balance of construction in favour of real estate companies and developers,” he added.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.