Ghana Real Estate: Kantilal Hirani on Swami India Ghana’s Influence and Future Direction

Interview with Kantilal Hirani, Managing Director of Swami India Ghana Ltd

What is your assessment of the real estate sector in Ghana? What are the major trends and latest news?

Ghana’s real estate sector is multifaceted, comprising the office, retail, industrial, and residential markets. The growth in recent years reflects a robust economic environment and a rising demand for quality properties across the nation.

The sector has undergone remarkable growth over the past five years, boasting a compounded annual growth rate (CAGR) of 30% from 2016 to 2021. This surge has positioned the sector as one of the fastest-growing economic contributors in Ghana. The surge in urbanization, coupled with robust infrastructure development and an improved ease of doing business, particularly in key locations such as Accra, Kumasi, and Takoradi, has opened up substantial opportunities and fostered a conducive environment for the expansion of the real estate market.

The growth trend in real estate is pervasive, encompassing every sector, ranging from the flourishing market for luxury apartments to the dynamic developments in land plot projects.

What are the origins of Swami India Ghana Ltd?

Established in 2013, Swami India Ghana Ltd is a subsidiary of SenegIndia SA, Senegal, and Swami Holding Limited, UAE, founded in 2009 and 2019, respectively. This private real estate and construction company is dedicated to providing housing solutions and infrastructure development, adding vibrancy to Ghana’s real estate landscape.

What sets Swami India Ghana Ltd apart in terms of competitive advantages?

Swami India Ghana Ltd distinguishes itself through its commitment to flawless design, superb craftsmanship, and impeccable finishes. The company prioritizes space utilization optimization, embraces new technologies, and offers the best investment options for the future.

What projects have you completed so far?

Paradise Estate (East Legon Hills, Katamanso) showcases 3 and 4-bedroom luxury villas equipped with world-class amenities such as a swimming pool, gym, tennis court, basketball court, kids’ playground, lush green gardens, and meticulously landscaped surroundings. Here, you will experience an ambiance of both class and comfort.

Solaris Luxury Apartments (Ringway Estate, Osu) stands as a residential landmark, featuring 133 luxurious 1 and 2-bedroom apartments close to the central business district of Accra. Boasting world-class amenities, including a gymnasium and a swimming pool, the apartments provide not only exceptional living spaces but also breathtaking views of the ocean.

What are the upcoming projects for Swami India Ghana Ltd?

Solarium Apartment (Ringway Estate, Osu) is an opulent tower showcasing penthouses and apartments that offer expansive views of Accra. This luxurious development goes beyond expectations, featuring global-standard recreational facilities and an on-site business center, setting a new standard for sophisticated living. Additionally, it boasts one-of-a-kind leisure facilities, creating a unique and unparalleled residential experience.

Springfield Estates (Prampram) is a premium gated community featuring serviced plots located in the promising Prampram, an expanding area where Ghana envisions constructing a new Accra city. This gated community offers a multitude of benefits, from investment opportunities to crafting your dream home. With hassle-free land ownership, essential amenities like underground electric lines, concrete roads, and water infrastructure, along with lush green landscaping, Springfield Estate goes beyond expectations. Adding to its allure are world-class leisure facilities, including a pool, gym, multipurpose hall, tennis court, kids’ play area, and more. Springfield Estate is not just a location; it’s where dreams take shape.

Serenity Estates (Oyarifa Road) stands as a new wave of luxurious living in a gated community with 3 and 4-bedroom houses, strategically situated near Oyarifa. Set against the breathtaking backdrop of the Aburi mountain range, this community offers more than just homes – it’s a visionary approach to modern living. Experience the perfect blend of stunning natural surroundings and premium amenities, making Serenity Estates a symbol of the new wave of sophisticated living.

Celestia Residence (Ringway Estate, Osu) offers 1 and 2-bedroom apartments, adorned with modern features and amenities that redefine the standards of contemporary living. With a stunning skyline showcasing the bustling business capital of Accra and an endless, mesmerizing view of the ocean and sky, Celestia Residence offers not just a home but an experience of grandeur. Perfectly connected to the business and entertainment hub of Accra, this residence embodies the harmonious blend of comfort, convenience, and sophistication.

Could you elaborate on the specific target market you aim to cater to?

Swami India Ghana Ltd aims to cater to the niche market of those seeking opulent residences in premier locations across Ghana. With Ghana becoming a hub for West Africa’s business network, the diaspora is a key market for the company.

Are you looking for potential partners or investors?

As the business experiences significant growth, Swami India Ghana Ltd welcomes potential partners and investors to contribute to and benefit from its success.

Are you involved in any CSR activities?

Swami India Ghana Ltd is actively involved in CSR activities, focusing on the development of local infrastructure and engaging in philanthropy services to contribute positively to the communities where they operate.

What is your vision and what do you aim to achieve in the next few years?

The vision of our company is an actionable, purpose-led ideal that has a real and significant bearing on our deliveries and our conduct. We are committed to ensuring that our offerings are revolutionary, ahead of the times, benchmarked against the best global trends and practices, and built around our discerning customers’ needs. We ensure that the ecosystem we operate in, the society around and all people who experience, engage, or align with any aspect of the spaces we create, truly feel the differentiation and positive impact on quality of life.

How do you see the Ghanaian real estate sector evolving in the next three years?

The Ghanaian real estate sector is expected to witness sustained growth and diversification in the next three years. Aligning strategies with emerging trends and capitalizing on opportunities will be crucial for investors and developers to thrive in this dynamic market.

What inspires and drives you in your daily endeavors?

I find inspiration and drive from the pursuit of continuous growth and the desire to make a meaningful impact. The prospect of personally and professionally learning and improving each day fuels my motivation. Additionally, contributing to projects and initiatives that have a positive influence on others and the community provides a deep sense of purpose. The challenges and opportunities inherent in every day excite me, pushing me to strive for excellence and find innovative solutions.

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