Lakeside Estate Adjudged Best Developer Of The Year

BY: Enoch Darfah Frimpong

Lakeside Estate has won an award as the Best Developer of the Year (Low-income category) at the 5th Ghana Property Awards (GOPOA) for the year 2012.

The Ghana Property Awards (GAPOA), which celebrates its 5th anniversary this year, is an annual awards series for the real estate, property and construction sectors. The award has grown to become the biggest industry awards scheme and the measuring rod for the success of practitioners and stakeholders in the real estate industry.


Organised by Property Express Ltd in collaboration with the Ghana Real Estate Developers Association (GREDA), Ministry of Water Resources, Works & Housing and other stakeholders, the awards were set up to encourage competition and competitive pricing in the property and construction industry.

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This year’s event was held on October 26, 2012 at the Banquet Hall of the State House on the theme: “Sustaining infrastructural development for the 21st century.” The Guest of Honour was the Deputy Minister of Water Resource Works and Housing, Dr Hannah Bissiw.

The Lakeside Estate Limited was cited as having the desire to excel above the ordinary with the introduction of an innovative and affordable product —the one bedroom expandable into two bedrooms — which has made it possible for more Ghanaians to acquire their own homes.

Present to receive the honour were executives of the company including the Director, Mr Salah Kalmoni; the Chairman, Col. Timothy Mbro Barnes (retd); the Marketing Manager, Mr Lawrence De-Souza and the new Managing Director, Mr Prince-Joseph Ayiku.

The Director, Alhaji Salah Kweku Kalmoni, in a brief remark said, “We at Lakeside Estate are proud to win the award. This proves that we are the number one real estate developer when it comes to affordable housing. We have successfully built and marketed affordable houses for the past 11 years. We will continue leading the industry with houses for everyone in Ghana. Next year we will introduce the two bedroom flats.”