Govt reaffirms commitment to support real estate sector to thrive
The Deputy Minister of Works and Housing, Abdulai Abanga, has reiterated government’s commitment to create an enabling environment for the real estate sector to thrive.
This would foster sustainable urban development, improve living standards and address Ghana’s housing needs while contributing significantly to economic growth, job creation and infrastructure development.
Speaking at the ceremony to unveiling VAAL Real Estate Company’s latest upscale residential project dubbed: “Legato Heights” in Accra, Mr Abanga said “we will continue to create enabling environments for the real estate sector to thrive while also expanding other initiatives aimed at ensuring new homes are constructed and delivered in a more sustainable manner”.
“In a nation where housing is a vital component of our social and economic development, initiatives such as these play a pivotal role in shaping the landscape of our communities and the lives of our citizens."
He commended VAAL Real Estate's executives for its ongoing dedication to crafting cutting-edge homes and communities in Ghana, adding that “VAAL Real Estate's projects go beyond mere structures; they take into consideration the individuals who will eventually call these residences home.
This launch has highlighted the collaborative efforts between the government and the private sector.”
The Chief Executive Officer (CEO) of VAAL Ghana, Alaa Zayed, said the launch of the latest upscale residential project, Legato Heights, formed part of the company’s commitment to offering high-end living spaces to the local population.
“Legato Heights offers state-of-the-art amenities and craftsmanship that defines each space.
Every detail reflects a commitment to luxury, creating an unparalleled living experience that redefines elegance within the heart of Accra,” he added.
For his part, the Group CEO of VAAL Real Estate, Abdulmecid Saadettin expressed his belief that real estate investment stands as one of the most lucrative options available.
He was hopeful that the project would be the best investment option for investors who are looking to buy something modern and futuristic that will fetch them good rental returns in the future.
The Head of Sales, Nazir Ahma, encouraged potential investors to seize the opportunity presented by the launch of the off-plan luxury property.
He stressed that early investment in the development could lead to substantial returns once the project reaches completion, making it an advantageous prospect for those contemplating recent investments in the real estate sector.
“If you have considered investing recently, consider yourself lucky.
With the launch of this off-plan luxury property, you get to invest early and earn generous returns once the development is delivered,” Mr Ahma added.
Along with Legato Heights, VAAL also unveiled Nirvana Villas, a set of eight five-bedroom townhouses in Ridge which aims to redefine luxury mansions in Ghana.