Property Express News 16/09/24

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Headlines for   Property Express News
 
 
Government launches first phase of a digital platform for the Rent Control Department
 
SuCasa Properties attributes its success to providing affordable housing to Ghanaians
 
 
The Lagos State government in Nigeria announces plan to tokenize real estate, using blockchain technology
 
 
The government has taken a significant step in modernizing public service delivery by launching the first phase of a digital platform for the Rent Control Department.
 
This new system is set to improve accessibility, efficiency, and transparency between landlords and tenants nationwide.
 
Unveiled on Thursday, September 13, 2024, the platform aims to address long-standing inefficiencies in the department’s manual processes.
 
Dr. Prince Hamid Armah, Deputy Minister for Works and Housing, highlighted that this platform marks a new era of modernization in the rental housing sector, ensuring that public services keep up with the digital age. The digitization effort promises to reduce the frustrations and delays previously caused by manual operations.
 
The initiative traces its roots to July 2020, when Vice President Dr. Mahamudu Bawumia, after witnessing the challenges faced by citizens in accessing rent control services, pledged to digitize the department.
 
The first phase of the project, executed in partnership with SuperTech Limited, has digitized 15 Rent Control offices across 11 regions, including Accra, Cape Coast, Kumasi, and Tamale.
 
This allows citizens, whether in urban or rural areas, to access rental services online via rentcontrol.mwh.gov.gh.

Through the platform, users can register properties, file complaints, resolve disputes, and process tenancy agreements electronically.

Landlords can also advertise properties digitally, while tenants can search for accommodations more easily. The platform is expected to level the playing field, providing fair and efficient services to all, particularly those in remote areas.

As part of the government’s broader digitization efforts, this platform not only improves service delivery but also symbolizes a cultural shift towards transparency, accountability, and the empowerment of citizens.

Plans are underway to expand the system to all 16 regions of Ghana, contributing to a more organized and fair housing market.
 

SuCasa Properties attributes its success to providing affordable housing to Ghanaians, which has helped reduce the country’s housing deficit.
 
Speaking on the Asaase Breakfast Show on September 13,2024, the sales representative Godwin Amuh highlighted that real estate firms, including SuCasa, have played a key role in lowering the housing deficit from 2.8 million to 1.8 million units.
 
Amuh emphasized that the availability of affordable homes has significantly improved Ghana’s housing situation.

 
The Lagos State government in Nigeria has announced a plan to tokenize real estate, using blockchain technology to improve transparency, efficiency, and accessibility in property transactions.
 
This initiative, part of the Eko Revenue Plus Summit, aims to boost the state’s internally generated revenue by making property ownership more straightforward and allowing investors to buy, sell, or trade shares of real estate via digital tokens.
 
The project will take 16 months to implement, with a budget of 500 million naira (around $314,465) allocated. The Ministry of Science and Technology, alongside other agencies, will lead the project.
 
By facilitating easier real estate investments and improving transaction processes, the government expects to attract more investors and increase revenue from property taxes and transactions.

Source : Joycelyn Marigold – Property Express


 
 
 
 
 
 
 
 
 
 
 
 
 
 

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