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MEQASA AT 10: A DECADE OF SHAPING THE REAL ESTATE LANDSCAPE

MEQASA AT 10: A DECADE OF SHAPING THE REAL ESTATE LANDSCAPE

In 2013, three men, Kelvin Nyame, Rashad Seini, and Kofi Amuasi, caused a disruption in the way properties were searched for and advertised in Ghana. Before Meqasa’s arrival, the scene was characterised predominantly by word of mouth and handwritten signposts as well as traditional advertising – TV, radio, billboards, etc. It is clear, in hindsight, […]

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national rental assistance scheme

The National Rental Assistance Scheme (NRAS)

The Government of Ghana has duly launched the National Rental Assistance Scheme as part of measures to provide decent accommodation for Ghanaians. Ghanaians above the age of 18 with a valid national ID card and verifiable employment with an income, qualify for a rent loan in five to ten working days under the scheme. Total […]

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GCB

GCB REIT: Reshaping Home Rental and Ownership

The National Homeownership Fund (NHF), under the aegis of the Ministry of Finance’s Financial Sector Division, is spearheading a National Homeownership Financing Scheme aimed at developing a mortgage market as well as a rent-to-own scheme in partnership with interested financial institutions. Enter GCB Real Estate Investment Trust PLC (GCB REIT). This entity was incorporated in […]

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blog post 2

GRA Embarks on Monitoring of Rent Tax from Landlords

The Ghana Revenue Authority (GRA) has said it is keenly monitoring the payment of rent income tax across the country, and will soon take actions against defaulting landlords and property owners. Despite high compliance in payment, general perception has it that the sector has been left untapped by the tax authority. “When it comes to […]

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cases

14,586 Cases Settled Last Year by the Rent Control Department

  The Rent Control Department, last year, settled 14,586 out of the 20,221 cases reported to it. The cases comprised recovery of possessions, rent arrears, refund of rent advance, inducement of tenants to quit and request for more time to vacate residential apartments. The Head of Public Relations at the department, Emmanuel Hovey Kporsu, who […]

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landlords

Landlords, Tenants Face Prosecution for Failing to Clean Their Frontage

In accordance with the newly passed sanitation by-laws, landlords and occupants of residential and office facilities who fail to clean their frontage will be prosecuted, Greater Accra Regional Minister, Henry Quartey, has cautioned. According to him, the Greater Accra Regional Coordinating Council (RCC) will not shield any individual or group that does not comply strictly […]

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stones

Ghana Risks Importing Stones Within the Next 15 Years – MIIF

According to the Chief Executive Officer  (CEO) of the Minerals Income Investment Fund (MIIF), Edward Nana Yaw Koranteng, Ghana risks importing stones and chippings from neighbouring countries if rapid encroachment of quarry lands is not stopped. This he said last Friday after touring quarry sites and interacting with operators in the Western and the Ashanti […]

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ground rent

Payment of Ground Rent – Lands Commission

The Lands Commission wishes to inform the general public, particularly lessees/ assignees of State Lands in the Greater Accra Region, to settle all outstanding ground rent. All lessees and assignees are required by lease covenants to pay annual grounds rent in respect of the State/ Vested Lands whether legally demanded or not.  Officers of the […]

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