Page 1 - JULY NEWSLETTER

Volume1. Issue 7 To advertise in the next edition please call 0208118492

Ghana Real Estate Developers Association

GREDA

Land Acquisition and Registration in Ghana: The Legal Issues
By
Emmanuel Mate-Kole, of Bentsi-Enchill, Letsa & Ankomah law firm

Ghana's housing deficit, which is currently estimated at about 2.1 million units, has
had significant impacts on property development and accommodation especially in
31st July 2018 the capital city of Accra. Government's inability to provide social housing and lack
of affordable homes by real estate developers have led to the phenomenon of middle -
income earners moving to acquire lands towards building their own properties.

This development has, however, given rise to multiple issues of litigation resulting
from land disputes, encroachment, improper land title registration procedures and
use of land guards to carry out all manner of violence in the name of land protec-
tion.
Continued on page 2.

The Future of African Property Markets:

Blockchain, Artificial Intelligence and Big Data

A new chapter just opened in your life - you just got married to the girl of your dreams, you
have a baby girl on the way, and you're looking for your first dream home! At the
click of a button you're able to access a mortgage facility online and then connect with
your ideal property developer. Digital agreements are created then executed online using

blockchain smart contracts, after-which your project begins to take shape as it's built by a
Inside this issue: team of 3D printer robots. Sensors and Artificial Intelligence (AI) supervisors coordinate
activities, liaise with subcontractors, and monitor construction up until the completion of
Land acquisition and 1 your brand new home.
registration

Future of African 1 At first thought this may seem a few years away but the future of housing is with us today! Emerging tech-
Property Markets nologies such as AI, Big Data and Blockchain are taking the globe by storm and redefining the way we
transaction with one another.
Report from General 2
Meeting Paperless non-brick and mortar transactions are on the ride and a new breed of real-estate entrepreneurs
have begun to disrupt the property technology (proptech) scene in ways we never would've imagined. That
Atlanta Sales Trip 4
said, for this and the next series of articles, I will

GREDA is Homeless 7 Continued on page 3 .

Connect with
us:@gredaghananew

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