Welcome to the African Home Building News for the 2/01/2025, I am Janet Addo
Here are headlines for Homee Buillding and Renovation News
Realtor & Tours Ghana is poised to become the most trusted real estate and travel management company in Africa by 2030.
The Supreme Court has affirmed as the legal owner of a 2,911.53-acre parcel of land located at Katamanso in the Greater Accra Region.
Canada’s housing market experienced a modest two per cent increase in new home construction in 2024,
The Minister-designate for Local Government, Chieftaincy, and Religious Affairs, Ahmed Ibrahim, has addressed concerns about politicians purchasing properties from state authorities, asserting that there is nothing inherently wrong with such transactions.
During his public vetting in Parliament, Mr. Ibrahim clarified that the state, through entities like the Tema Development Corporation (TDC), is the custodian of land, and any properties sold by these organizations follow legitimate procedures.
He explained that TDC applies a standard rate for property sales, emphasizing that buying properties from state authorities is a legal and legitimate transaction. “There’s nothing wrong with owning a property sold to you by a state authority,” Mr. Ibrahim said during the hearing.
Responding to questions about whether politicians purchasing state land could pose a conflict of interest or be seen as unethical, the Minister-designate highlighted the distinction between legal and illegal land sales. He clarified that his comments referred only to legitimate sales, distancing himself from any accusations related to illegal land transactions. Mr. Ibrahim stressed that the focus should remain on lawful transactions and assured that he was not endorsing any unethical dealings.
Realtor & Tours Ghana, a leader in luxury real estate and travel management solutions for nearly a decade, serves multinationals, SMEs, and individuals with exceptional services.
The company specializes in connecting clients with prestigious residential and commercial properties in prime Accra areas like Airport Residential Area, Cantonments, Ridge, North Ridge, and East Legon. Additionally,
it offers global travel management services, ensuring seamless and luxurious travel experiences. Realtor & Tours Ghana aims to be the most trusted real estate and travel management company in Africa by 2030.
Their services include residential and commercial property leasing and sales, short-term rentals, serviced offices, travel ticketing, vacation packages, hotel bookings, and airport transfers.
With a mission to provide unparalleled customer service, Realtor & Tours Ghana strives to become the most trusted real estate and travel management company in Africa by 2030.
The Supreme Court has affirmed Agri-Cattle Lakeside Estate Ltd as the legal owner of a 2,911.53-acre parcel of land located at Katamanso in the Greater Accra Region.
In a unanimous decision, the five-member panel, led by Chief Justice Gertrude Torkornoo, upheld the company’s ownership of the land, which is covered by Land Title Certificate No. TD 0513.
The other justices on the panel were Justice Mariama Owusu, Justice Samuel Adibu Asiedu, Justice Yaw Darko Asare, and Justice Richard Adjei Frimpong.
The ruling resolves a long-standing dispute between Agri-Cattle Lakeside Estate Ltd and Tassah Tapha Tassah, the plaintiff, who had claimed ownership of portions of the land based on a 2004 lease agreement with the Kplen We Family of La.
International Front
Canada’s housing market experienced a modest two per cent increase in new home construction in 2024, with 245,120 housing starts compared to 240,267 in 2023, according to the Canada Mortgage and Housing Corporation (CMHC).
Despite this progress, the increase remains far below the level needed to address the country’s housing affordability crisis.
Urban centres saw the third-highest number of starts on record, driven primarily by rental construction and growth in provinces like Alberta and Quebec, which saw increases of 32 per cent and 26 per cent, respectively.
However, Ontario and British Columbia experienced declines of 16 per cent and nine per cent, while major cities like Vancouver, Toronto, and Ottawa also saw decreases.
CMHC estimates Canada needs an additional 3.5 million housing units by 2030 to restore affordability, requiring significantly higher construction rates to meet demand.
Joycelyn Marigold -Africa Home Building News
