Undertaking the construction of a building without a permit can result in fines or the demolishing of your building. It is common to see most buildings in Accra with this notice: “Stop Work and Produce Permit”.
It begs the question, why do people start their construction works without a permit? The most common answer is that it is difficult to get a building permit due to the bureaucracy at the Metropolitan Assembly. Getting a permit is important so we bring your four reasons why you should get a permit.
READ ALSO: Buy a House In Ghana
A building without a permit will not be protected by insurance companies and are non-existent in their eyes. In the event where you are selling a house without a permit, you will not be able to sell the house at its true value.
A building without a permit will not sell fast. This is because financial institutions will not be willing to finance the purchase of a building without a permit. Buying a building that is without a permit and then trying to obtain the permit after is very costly
Acquiring a permit allows inspectors to vet and ensure that construction of the building meets all the safety standards. For contractors, the building permit adds to your experience and credibility.
A building without a permit is not financially stable for investment in the eyes of banks and investment houses. If you invest in a building which does not have a permit, the value of your investment reduces significantly.
Myla Homes has been proudly crowned Developer of the Year in the highly competitive Condominium… Read More
The 8th edition of the Meqasa Home & Property Fair has ended successfully, delivering two… Read More
In my experience, many land purchasers are often uncertain about how to properly acquire land… Read More
Home rental in Ghana goes beyond just finding a place to stay. It is about… Read More
Ghana’s most anticipated real estate event is back! Meqasa.com, Ghana’s leading online real estate marketplace,… Read More
Buying a house is a major life milestone, whether for personal use or for investment.… Read More
This website uses cookies.