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In the headlines
The African property market is hampered by a lack of data, political unrest, and economic disruption.
Glass and aluminum have proven to be the best materials for building an eco-friendly home.
In International News
Players in the India real estate sector worried about rising interest rates
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The African property market is hampered by a lack of data, political unrest, and economic disruption.
The African property market is hampered by a lack of data, political unrest, and economic disruption.
Stakeholders in the property market say limited data and market information has made it difficult for investors to assess risks and market conditions in order to make informed investment decisions.
They argue that African real estate markets have changed significantly over the last decade, with different countries, regions, and even cities experiencing different trends and fluctuations.
Political unrest, economic disruption, and changes in government policies and regulations continue to have a significant impact on the African real estate market, causing uncertainty and risk.
They advised prospective investors to study the market very well before venturing into the sector.
The CEO of JL Properties, James Orleans-Lindsay, has suggested the possibility of establishing a 3D concrete printing factory in the country
The CEO of JL Properties, James Orleans-Lindsay, has suggested the possibility of establishing a 3D concrete printing factory in the country. During an interview with Macropolis in Accra, Mr. Orleans-Lindsay emphasized that the company’s utilization of 3D concrete printing technology distinguishes it from others in the industry.
JL Properties is presently the leading inner city developer in Accra, and they are currently working on the most significant inner city development in the last 25 years, which will provide 500 new homes in Achimota. Mr. Orleans-Lindsay attributed their success in real estate to their focus on constructing residential properties in the heart of the city, with a particular emphasis on two, three, and four-bedroom homes.
Furthermore, Mr. Orleans-Lindsay stated that JL Properties continues to grow at an exponential rate every year, employing a distinctive model. He emphasized that JL Properties is committed to constructing more houses, and their foundation is the strongest and most robust, with the best designs that are continuously evolving.
Glass and aluminum have proven to be the best materials for building an eco-friendly home.
Green building experts say glass and aluminum have proven to be the best materials for building eco-friendly homes. According to them, aluminum is a useful structural material because of its high strength-to-weight ratio.
Its quality, which contributes to the durability of the product, can be further improved by using different surface treatments.
They explained glass and aluminum can be molded into almost any design without affecting their strength or function, due to their malleability. In addition, aluminum is an excellent thermal and visual reflector. This, along with the metal’s moderate weight, makes it an excellent energy-efficient material for reflecting sunlight.
According to experts, developers should build using environmentally friendly materials and methods to ensure resource efficiency throughout the life cycle of the building.
The main goal of ecological home plans is to reduce the household’s dependence on electricity, but the plans also address other issues related to economy, practicality, durability and comfort.
Glass and aluminum are a key part of sustainable housing development. This strong yet lightweight metal helps reduce the environmental impact of the construction industry and can be used in a number of green building certifications.
In International News
The real estate sector in India is worried about rising interest rates
The real estate sector in India is worried about rising interest rates
In the last three quarters, home loan interest rates in India have risen above 9 percent, a 40-50 percent increase from a historically low 6.5 percent per annum.
With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) scheduled to meet next month, real estate agents are worried about rising interest rates, which would in turn raise mortgage rates.
According to Vimal Nadar, head of research at Colliers India, mortgage rates are already alarmingly high — 9.5 percent and more — in response to the rise in repo rates.
Since home buyers already have the same monthly installment and loan term, the additional tax increase will hit them hard, he said.
The impact is exacerbated in the current environment, where the industry expects income levels to increase more slowly, while house prices remain flat.