Ghana’s tough housing market poses a challenge for many people who want to buy or rent a decent home. The demand for housing is high, but the supply is low and often unaffordable.
According to the World Bank, Ghana has a housing deficit of about 2 million units, which is expected to increase by 200,000 units every year. The main factors that contribute to this situation are rapid urbanization, population growth, low-income levels, high-interest rates, limited access to finance, and inadequate infrastructure.
There are a number of proptech companies in Ghana including MeQasa trying to help solve the problem. A new competitor in Edanra is now also on the market with its platform attempting to help solve the issue.
About The Platform
Edarna allows tenants to find rental homes without the need for brokers. The platform provides an extensive database of properties that cater to a wide range of preferences and budgets.
The platform also allows tenants to pay their rent on a monthly basis, instead of the traditional annual payment that most landlords require.
The platform has an in-built credit score system for paying monthly rent, providing a pathway toward financial inclusion and stability. Other features on the platform include a view for tenants for viewing their properties online and a verification system.
With edanra, tenants can view properties online, schedule viewing appointments, and make rental payments with ease. We have also implemented measures to verify the identity of landlords and tenants, ensuring that all transactions are safe and secure.
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