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GREDA: New Executive Council Sworn into office

GREDA: New Executive Council Sworn into office

The Ghana Real Estate Developers Association (GREDA) has sworn into office its newly elected Executive Council members mandated to run the affairs of the association.

The swearing-in ceremony, which coincided with the Association’s annual CEOs Breakfast Meeting, was held at the Fiesta Royal Hotel in Accra yesterday, March 22, 2022, under the theme "Reducing Ghana's Housing Deficit–Advocating for Government Intervention."

The re-elected president of the Ghana Real Estate Developers Association, Mr. Patrick Ebon Bonfu, reiterated the active role the association plays in the building industry and called on members to make provisions for affordable housing in their proposals as their contribution towards reducing the escalating housing deficit in the country. "I wish to call on all of you colleague members to accept this challenge of the housing deficit and channel out solutions to reduce the deficit," he said.

Mr. Patrick Ebon Bonfu, however, urged members to place a high premium on the investments of their clients by abstaining from low-standard housing units. "It is important to know that buying a house or a home is a lifetime investment and, as such, quality cannot be taken advantage of by people who provide them."

''In recent times, there have been increasing concerns by a section of the populace about the quality of the houses being provided by some real estate developers, and so we should do well to do away with such negative tendencies," he added. 

He added his voice to calls on the government to involve GREDA members in carving policies on affordable housing delivery in the country, emphasizing the need for government partnership with developers to provide affordable houses for Ghanaians. 

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