If you are considering a home construction project in Ghana, you are probably very excited about the design of the building and are anticipating the time when you will be able to move in. However, it is important to realize that there are a number of factors that can cause problems with your project. Following you will find 7 factors that could impact your home construction project in Ghana.
- Wrong permits - if you get the wrong permits for your project, you could wind up paying extra fees or even being required to stop construction. It is very important that you do your due diligence and verify that you have all the right permits.
- Land ownership - clear title to the land where you will be building is not always as easy to come by as it seems. It is important to be aware of scams that sell land in Ghana and utilize the services of a lawyer experienced in these matters to verify your land ownership before you begin the project.
- Land legal issues - there may be other legal issues that affect your land, and having your lawyer go over everything with a fine-tooth comb is the best way to avoid these types of problems.
- Constant material cost increases - when you plan a project, you must be aware that material costs may increase over the course of the building project. If you are aware of this, you can build this into your plans for construction.
- Labor cost - this cost will vary depending on the crews you use, but don't sacrifice quality of the work for cheap labor.
- Time overruns - Such things as weather damage, utility issues, and so forth can impact the length of time it takes to complete a construction, and this can increase the cost.
- Cash flow problems - it is important to work with a contractor that has adequate planning for cash flow so that you don't run into problems.
As you can see, these are some of the things that can negatively impact your construction project, but with careful planning, many of them can also be avoided.
What's your construction story? Share below.
No comments:
Post a Comment
What's Your Real Estate Story?