Real Estate newspaper launched in Accra

A newspaper committed to educating people about real estate, rent and land acquisition has been launched in Accra. The bi-weekly newspaper called Realty Advertising Newspaper will chronicle Ghana's luxurious and affordable estates, introduce key personalities in the industry, feature businesses and property developers across the country.

Speaking at the launch, Managing editor of Realty Advertising Newspaper, Audrey Agyiri said the 40 page newspaper will be the mouthpiece of the real estate industry in the country.

According to her, "the newspaper comes at a time when Ghana is repositioning itself at the premium end of global real estate market to make housing in the country affordable to people". Audrey Agyiri noted that some of the highlights in the maiden edition include tales of a tenant, ten mistakes to avoid when building in Ghana, duties and responsibilities of architects, property care, government's view on affordable homes. "Realty Advertising Newspaper will be your compass to get you what you are looking for in real estate" she added.

On his part, Chief Executive Officer of Realty Advertising Newspaper, Shalom Owusu-Sekyere said their decision to publish a real estate newspaper is borne out of the growing interest for luxury and affordable properties in the country. He indicated that housing is a basic need in every society and thus improved housing markets will benefit investors in the real estate business. "Realty newspaper will be an effective platform for advertisers to reach their target audiences" he added.

Mr. Owusu-Sekyere said the newspaper to be sold at GHC2.00 will be available at selected shops and newsstands across the country.

In a speech read on his behave, Minister for Water Resources, Works and Housing, Collins Dauda commended the brains behind the newspaper for the lauded initiative. He noted that "Realty Advertising Newspaper will provide the meeting point for everything housing, from cutting-edge technology to low cost building materials sourced locally and cheaply". Collins Dauda said the Ministry will support the Newspaper with all the data and information that it would require to better inform the public on housing issues.
,br> Meanwhile, as part of measures to improve the data situation in addition to pursuing measures to eliminate constraints such as high cost and access to land with good title, inadequate long-term finance and heavy reliance on expensive, imported building materials, Alhaji Dauda revealed that the Ministry is building a database of institutional housing needs.

He said the State Housing Company is also currently building a housing register to collect data of potential home buyers from the public. "With such databases, GREDA members and other developers can access and determine the size of the housing market in order to plan for the needs" he added.

Source: Ghana/Myjoyonline.com/ Adwoa Gyasiwaa