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Accessing Customary LandCustomary Land for Real Estate Development in Accra, Ghana. A case of the Private Developer

Author

Listed:
  • George Mends
  • Theodora M. Mends

Abstract

This paper is developed against the background of the problems associated with the acquisition of lands in customary land areas for housing development in Accra and the country as a whole by the Private Sector. It is common knowledge that the housing deficit in Ghana now stands well over one (1) million houses and Government policy on housing currently has therefore been to create an enabling environment for the private sector delivery housing to Ghanaians. One of the major problem facing Real Estate Developers in the country when it comes to housing delivery is the security of land tenure for housing development in urban customary land areas.This paper seeks to examine the challenges confronting Private Developers in the Real Estate Sector with respect to land acquisition for housing delivery in Accra, Ghana. Methods applied to source data for the study comes from personal interviews with some Private Estate Developers and customary landowners. In addition, a look was also taken at publications and papers presented at seminars and conferences. Some of the challenges identified in the study relate to the lack of proper documentation on customary lands which hinder the security of tenure which is necessary for the sale of Real Estate on the market, lack of trust between developers and landowners on the sale of lands and the mismanagement of revenue accruing from such sales to the communal landowning groups which leads to encroachments on land already sold to Private Developers. An appropriately developed land management system which caters to the needs of both parties as partners in development will go a long way to address these challenges.In conclusion, this paper will seek to make land readily available with better tenure security through the introduction of a land management system called “Landowners and Developers Partnership Initiative”. This system is a win-win partnership between landowners and Private Developers to make available land for Real Estate Development and help solve the housing delivery problem.

Suggested Citation

  • George Mends & Theodora M. Mends, 2012. "Accessing Customary LandCustomary Land for Real Estate Development in Accra, Ghana. A case of the Private Developer," AfRES afres2012_116, African Real Estate Society (AfRES).
    • Handle: RePEc:afr:wpaper:afres2012_116
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    More about this item

    Keywords

    Land Management system; Landowners; private developers; tenure security;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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