
Audio By Carbonatix
The Ghana Real Estate Developers Association (GREDA) is calling for reforms in the country’s land tenure system.According to GREDA, the country’s land tenure system which gives absolute ownership to traditional land authorities when reviewed would help bring down the cost of housing.Most land developers who share in this view explain the system impedes the acquisition of parcels of land for both residential and commercial projects.Second vice president of GREDA, Patrick Ebo Bonfo noted that the current situation needs urgent reforms to facilitate the country’s socio-economic development.He also bemoaned the increasing cost of building materials in the country–a situation he says is crippling the real estate business.Patrick Ebo Bonfo called on government to intervene in the real estate sector in Ghana.
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.
Tags:
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.
Latest Stories
-
Exchange rate pressures force utility tariff adjustment despite falling inflation – PURC
8 minutes -
Ghana to host Africa’s creative elite as AMC Season 3 welcomes Mahama’s 2027 AU chairmanship
15 minutes -
Disability inclusion is a matter of rights, not charity – Apaak
16 minutes -
Education Ministry orders probe into viral student assault video
19 minutes -
Adwoa Safo breaks silence on shooting incident; Denies carrying gun
24 minutes -
GRDA receives 2 locomotives, 20 freight wagons ahead of schedule
27 minutes -
“I don’t go noising people’s private businesses” – Minister on alleged mining site takeover in Prestea Bondae
30 minutes -
Doctors accepting rural postings rise from 12 to over 100 – Health Minister reveals
51 minutes -
Protected: Health Minister invites CHAG to support completion of Agenda 111 hospitals
51 minutes -
Innovation, branding is critical for success in agriculture – Georgina Koomson
1 hour -
Compassion is foundation of quality healthcare – Dr. Ziekye tells CHAG
1 hour -
CHAG says rural health facilities remain backbone of healthcare delivery
1 hour -
2026 World Cup: England vs Ghana Preview
1 hour -
Digital health programme doubles blood pressure control among CHAG patients – PharmAccess
2 hours -
Ransom note claims Nancy Guthrie died after abduction
2 hours