As Ghana’s population continues to grow, so does the demand for quality and affordable housing. In the year 2023, a notable standout in the real estate sector is Adom City Estate, a company committed to bridging the gap in the housing deficit by offering affordable homes for low and middle-income earners. This commitment comes as part of their mission to ensure every Ghanaian citizen has the opportunity to own a comfortable and secure home.
Adom City Estate stands out not only for its dedication to providing quality housing but also for its strategic partnerships with recognized institutions. By collaborating with trusted mortgage providers, the company not only assists potential homeowners in securing financing but also takes an innovative approach by offering in-house customized mortgage options. This approach, coupled with an initial lump-sum payment, makes owning a home more achievable for many who previously thought it was out of reach.
Another remarkable player in the affordable housing landscape is Lakeside Estate. Since its inception in 1974, the company has continuously worked towards creating affordable real estate solutions. Through their dedication, they have managed to secure sizeable portions of land, allowing them to build homes that cater to the needs of young families and professionals. Moreover, their influence extends beyond their own developments, as other developers like Xils Properties have also taken part in shaping the Lakeside Estate lands.
Trasacco Estate Development Company, founded by Italian businessman Ernesto Taricone, has significantly impacted the real estate market in Ghana. With projects like Trasacco Estate along the Accra Tema Motorway and the Villagio Vista Apartments near the Tetteh Quarshie Interchange, the company has become synonymous with quality and luxury. Their developments not only cater to the housing needs of Ghanaians but also contribute to the aesthetic enhancement of their neighborhoods.
These three entities – Adom City Estate, Lakeside Estate, and Trasacco Estate Development Company – exemplify the changing landscape of Ghana’s real estate sector. Their focus on providing affordable and well-designed housing options is contributing not only to individual homeowners’ dreams but also to the overall growth and development of the nation.
As Ghana strives to address its housing deficit, these companies are leading the charge by offering homes that cater to a diverse range of income levels. Their commitment to quality, affordability, and innovation sets a precedent for the entire real estate industry. With each new development, they bring Ghanaians closer to the dream of owning a home – a dream that is now more attainable than ever before.
Source: Africa Home Building News, Joycelyn Marigold