Ghana Home Loans acquires first commercial plot at Appolonia City

25 February
2016

Ghana Home Loans, the country’s leading home finance institution, has announced its acquisition of the first commercial plot at Appolonia City. The company intends to place a branch at the site to provide financial services and support to individuals who wish to build or buy homes within the project.

Commenting on the acquisition, Dominic Adu, CEO of Ghana Home Loans, said, “Appolonia City is a bedrock of opportunity for the Accra real estate sector, and Ghana as a whole. The project’s vision is well thought out, and being a part of it will enable us continue do what we do best – providing a suite of appropriate home finance products to Ghanaians. Be it home or land acquisition, home completion or construction, we will be there to provide financial support and education every step of the way.”

Financing will be available to purchase either plots within the “Buy and Build” development of Nova Ridge or a home within the new housing development, The Oxford.

Appolonia City is planned to be a self-sustaining satellite city with the requisite infrastructure and all the benefits of urban living. At full capacity, Appolonia City will have approximately 80,000 residents with 22,000 housing units.

“Ghana Home Loans is now a household name, and has become synonymous with housing finance.” said Bright Owusu-Amofah of Appolonia City. “Their presence at Appolonia City will give individuals the opportunity to buy, build or complete their dream house within our residential enclaves and be part of the Appolonia City vision.”