IDEAS home Printed from https://ideas.repec.org/a/bcp/journl/v7y2023i12p1084-1098.html
   My bibliography  Save this article

Navigating Land Acquisition Hurdles in Ghana’s Real Estate Development

Author

Listed:
  • Mohammed, Abubakar Sadiq

    (Kibi Presbyterian College of Education, Estate Management Department, Gh)

  • Abbas, Jannat

    (Kumasi Technical University, Estate Management Department, Gh)

  • Dzimale, Augustine

    (Ho Technical University, Architecture and Real Estate Management Department, Gh)

Abstract

Purpose – This study focuses on investigating the challenges associated with land acquisition for real estate development in the Ashanti Region of Ghana. The aim is to identify these challenges and propose ways to mitigate them, thereby facilitating the growth of the nation’s real estate market. Design/Method/Approach – The study employed the use of structured questionnaire to gather data from caretaker chiefs, land officers, and real estate developers in the Ashanti Region of Ghana. Secondary data were also gathered from various literary sources. Data analysis was conducted using the Relative Importance Index (RII), with Microsoft Excel serving as the primary analytical tool. Findings – The study unveiled several difficulties in land acquisition, salient among which include boundary conflicts, delays in title registration, high registration costs, issues with multiple transactions, and fragmented title registration processes. Research Limitations/Implications – This study is confined to the Ashanti Region of Ghana, and therefore may not fully represent the challenges encountered in other regions. To better understand regional disparities, the research accentuates the necessity for additional comparative investigations across different regions. The proposed solutions may need adjustments to accommodate specific regional circumstances. Originality – The study provides recommendations for alleviating the obstacles related to land acquisition in Ghana’s real estate sector and offers insights into these challenges. The suggested remedies include the introduction of technology, the establishment of a one-stop shop for land services, expedited land acquisition and payment system, the selection of trustworthy chiefs, and educational initiatives. Implementing these recommendations could enhance secure land rights, stimulate economic growth, and simplify the land acquisition process in Ghana’s real estate development industry. Further research in this field is encouraged to develop tailored solutions for different regions of the nation.

Suggested Citation

  • Mohammed, Abubakar Sadiq & Abbas, Jannat & Dzimale, Augustine, 2023. "Navigating Land Acquisition Hurdles in Ghana’s Real Estate Development," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(12), pages 1084-1098, December.
    • Handle: RePEc:bcp:journl:v:7:y:2023:i:12:p:1084-1098
    as

    Download full text from publisher

    File URL: https://www.rsisinternational.org/journals/ijriss/Digital-Library/volume-7-issue-12/1084-1098.pdf
    Download Restriction: no
    File URL: https://www.rsisinternational.org/journals/ijriss/articles/navigating-land-acquisition-hurdles-in-ghanas-real-estate-development/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Laurence Côté-Roy & Sarah Moser, 2019. "‘Does Africa not deserve shiny new cities?’ The power of seductive rhetoric around new cities in Africa," Urban Studies, Urban Studies Journal Limited, vol. 56(12), pages 2391-2407, September.
    2. Michael Goldman, 2011. "Speculative Urbanism and the Making of the Next World City," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 35(3), pages 555-581, May.
    3. Prince Donkor Ameyaw & Walter Timo de Vries, 2021. "Toward Smart Land Management: Land Acquisition and the Associated Challenges in Ghana. A Look into a Blockchain Digital Land Registry for Prospects," Land, MDPI, vol. 10(3), pages 1-22, March.
    4. repec:idq:ictduk:13889 is not listed on IDEAS
    5. Roger G. Ibbotson & Laurence B. Siegel, 1984. "Real Estate Returns: A Comparison with Other Investments," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 12(3), pages 219-242, September.
    6. C. Tsuriel Somerville, 2001. "Permits, Starts, and Completions: Structural Relationships Versus Real Options," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 29(1), pages 161-190.
    7. Tom Goodfellow, 2017. "Urban Fortunes and Skeleton Cityscapes: Real Estate and Late Urbanization in Kigali and Addis Ababa," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 41(5), pages 786-803, September.
    8. Hasan, Arif & Ahmed, Noman & Raza, Mansoor & Uddin Ahmed, Saeed & Sarwar, Moizza B. & Sadiq-Polack, Asiya, 2015. "Karachi: The Land Issue," OUP Catalogue, Oxford University Press, number 9780199402083.
    9. Zan Yang & Shuping Wu, 2019. "Land acquisition outcome, developer risk attitude and land development timing," The Journal of Real Estate Finance and Economics, Springer, vol. 59(2), pages 233-271, August.
    10. Tom Gillespie, 2020. "The Real Estate Frontier," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 44(4), pages 599-616, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paula Meth & Tom Goodfellow & Alison Todes & Sarah Charlton, 2021. "Conceptualizing African Urban Peripheries," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 45(6), pages 985-1007, November.
    2. Tom Gillespie, 2020. "The Real Estate Frontier," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 44(4), pages 599-616, July.
    3. Shakirah Esmail Hudani, 2020. "The Green Masterplan: Crisis, State Transition and Urban Transformation in Post‐Genocide Rwanda," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 44(4), pages 673-690, July.
    4. Jorn Koelemaij, 2022. "The world’s number 1 real estate development exporter? Assessing announced transnational projects from the United Arab Emirates between 2003–2014," Environment and Planning A, , vol. 54(2), pages 226-246, March.
    5. Seth Schindler & Jonathan Silver, 2019. "Florida in the Global South: How Eurocentrism Obscures Global Urban Challenges—and What We Can Do about It," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 43(4), pages 794-805, July.
    6. Enora Robin & Frances Brill, 2018. "The global politics of an urban age: creating 'cities for all' in the age of financialisation," Palgrave Communications, Palgrave Macmillan, vol. 4(1), pages 1-5, December.
    7. Pandya Jigar V & Patel Vikram M., 2020. "Evaluating Critical Factors Impacting Real Estate Development Decisions," Real Estate Management and Valuation, Sciendo, vol. 28(1), pages 112-126, March.
    8. Sarah Moser & Nufar Avni, 2024. "Analysing a private city being built from scratch through a social and environmental justice framework: A research agenda," Urban Studies, Urban Studies Journal Limited, vol. 61(8), pages 1545-1562, June.
    9. Korah, Prosper Issahaku & Osborne, Natalie & Matthews, Tony, 2021. "Enclave urbanism in Ghana’s Greater Accra Region: Examining the socio-spatial consequences," Land Use Policy, Elsevier, vol. 111(C).
    10. Lu, Chien-Lin & Liao, Wen-Chi & Peng, Chien-Wen, 2020. "Developers’ perspectives on timing to build: Evidence from microdata of land acquisition and development," Journal of Housing Economics, Elsevier, vol. 49(C).
    11. Carol Upadhya & Deeksha M Rao, 2023. "Dispossession without displacement: Producing property through slum redevelopment in Bengaluru, India," Environment and Planning A, , vol. 55(2), pages 428-444, March.
    12. Gore, Radhika, 2021. "Ensuring the ordinary: Politics and public service in municipal primary care in India," Social Science & Medicine, Elsevier, vol. 283(C).
    13. Gabriella Y. Carolini, 2021. "Aid’s urban footprint and its implications for local inequality and governance," Environment and Planning A, , vol. 53(2), pages 389-409, March.
    14. Shin, Hyun Bang & Zhao, Yimin & Koh, Sin Yee, 2022. "The urbanising dynamics of global China: speculation, articulation, and translation in global capitalism," LSE Research Online Documents on Economics 117180, London School of Economics and Political Science, LSE Library.
    15. Andrew J. Filardo, 2000. "Monetary policy and asset prices," Economic Review, Federal Reserve Bank of Kansas City, vol. 85(Q III), pages 11-37.
    16. Johnson, Michael & O'Connor, Ian & Malcolm, Bill, 2006. "Agribusiness Assets in Investment Portfolios," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139794, Australian Agricultural and Resource Economics Society.
    17. Armonat, Stefan & Pfnür, Andreas, 2002. "Basel II and the German credit crunch?," Publications of Darmstadt Technical University, Institute for Business Studies (BWL) 35585, Darmstadt Technical University, Department of Business Administration, Economics and Law, Institute for Business Studies (BWL).
    18. Mohd Yahya Mohd Hussin & Fidlizan Muhammad & Azila Abdul Razak Fatimah Salwa Abdul Hadi & Pei-Tha Gan, 2017. "The Role of Macroeconomic Variables in the Islamic Real Estate Investment Trusts (I-REIT) Market in Malaysia," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(4), pages 911-926, April.
    19. Carol Upadhya, 2017. "Amaravati and the New Andhra," Journal of South Asian Development, , vol. 12(2), pages 177-202, August.
    20. Hanna Hilbrandt & Monika Grubbauer, 2020. "Standards and SSOs in the contested widening and deepening of financial markets: The arrival of Green Municipal Bonds in Mexico City," Environment and Planning A, , vol. 52(7), pages 1415-1433, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcp:journl:v:7:y:2023:i:12:p:1084-1098. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dr. Pawan Verma (email available below). General contact details of provider: https://rsisinternational.org/journals/ijriss/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.