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Business News of Thursday, 22 October 2015

Source: B&FT

Prabon Greenfields: A piece of ancient rich history

Prabon Greenfields City Prabon Greenfields City

Nestled 30minutes from the Kumasi Airport and just 21minutes from the prestigious Kwame Nkrumah University of Science and Technology is a new city, a new way of life, an upscale living that meets the need of well-fixed individuals and families.

The ancient Ashanti Kingdom founded and led by great leaders in its over 400-year history, occupy a geographical area that is home to hundreds of plant species, birds, fresh clean rivers, and lush vegetation that earned it the name the garden city of Ghana decades ago.

It is in an unspoiled suburb of this ancient kingdom acclaimed for its gold and richness that the Prabon Greenfild is being developed.

With an estimated housing deficit of over 1.7million housing units, various governments have tried different approaches to bridging the housing defeicit in the country to no avail; creating highly populated urban centres with bustling-lifestyle that stresses many.

Private individuals, starved of incentives, have had to rely on personal funds and limited funding from real estate funds given a limited of how much they are allowed to commit to the real estate sector.

Accroding to the Securities and Exchnage Commision (SEC), fund managers cannot commit more than 10 percent of funds to the real estate sector.

It’s in this light that the Prabon Greenfields project must be lauded for the foresight of the Asantehene and Vital Capital to create a modish green city away from the hustle of everyday city life.

Prabon Greenfileds, steeped in nature and built with the finest of eco-friendly materials, can be described in the same terms as the renowned Sandhurst area in South Africa known for its stately architecture and residents. It’s so exclusive that owning a home there is a true measure of an individuals succes.

Prabon Greenfields is designed is such manner and upon completion will offer tropical serenity to residents.

Prabon-Greenfields is a joint-venture between the Asanteman and Vital Capital, set-up to design and build the Prabon community development project. The project is s private gated community of 500 luxury stand-alone villas.

Surrounded by lush, vital landscape when completed would offer a sustainable low-density community unlike other similar developments in parts of the country and ensures the privacy of its residents. Indeed, Prabon swing towards the regal rather than the demure.

The development comes in four models that are all distinct in design and layout. They are the Palm, Pine, Cedar, and Oak. It would have its own water distribution system, centralized sewage system, schools, sporting facilities, community centre, and parks,

The Palm has been expertly designed such that it marries an up-to-date traditional architecture with contemporary interiors. It is a 182m2 on a 500m2 lot. It comes in of 3bedrooms and two bathrooms and each home has internal parking for two cars.

The Pine offers state-of-the-art technology in a sustainable setting. It’s 208m2 on a 750m2 lot. It comes in three bedrooms with three bathrooms. It also has internal parking for two cars.

The Cedar offers resort-style amenities and high-quality add-ons in a home specifically tailored for modern family life. It comes in four bedrooms with four bathrooms and internal parking for two cars.

The Oak is a spacious and harmonious five bedroom deluxe residence that blends privacy, innovation and elegance. It is 298m2 on a 750m2 lot. Come with five bathrooms and has internal parking for two cars.

The setting of the homes means that this new city set in Prabon on the Lake Bosomtwe road would continue to remain lush, quiet and placid. Security of residents is also paramount and has been well-addressed with the acquisition of state-of-the art technology.

UT’s role

UT Properties Limited has been selected as the sales representative for the Prabon Greenfields Project. Individuals, families and organizations on the continent and abroad who want to be part of the elite club in Ghana and enjoy an upscale living in the center of the earth can simply contact UT Properties to secure their share of this ancient gold. There are showrooms on-site for interested persons to visit.

UT Properties is a wholly-owned subsidiary of UT Holdings Limited specialized in real estate development and management. UTP was incorporated in August 2007 as a private company limited by shares.

UT Properties Limited is an independent firm of Property Valuers, Property Managers, Property Developers, Leasing Consultants and Property Investment Analysts with years’ experience in advising the UT Group of companies and clients on property related issues.

Currently, UTPL has a staff strength of 32 operating and supported by the corporate departments of UT Holdings.