BUSINESS OPPORTUNITY
Helvent Investment limited (HIL) intends to build affordable houses on 70ft by 80ft plots of land. Houses are to be built according to a two and three bedroom expandable housing plan,five and ten story building apartment . Affordable housing allows people with net salaries as low as GHS 300 to own as least a two bedroom house over a period of say 10years to 20years if the applicant can assess a mortgage.

Helvent Intends not only to build these homes but also provide the mortgage financing. Prospective clients will need at rates 5 percentage points below current bank rates. These HIL will do by partnering with an international mortgaging firms.

While allowing the prospective home owner to buy a home of their choice giving them a one stop hassle free financing to help them achieve their dream. This is a first in the industry. There are other players who also are in partnership with mortgage companies like Ghana Home Loans, Barclays etc, but this are external Financial banks who have little or no interest by way of equity in those real estate’s firms. Houses will be built within three months of initial request and making of required down payment by clients.

FINANCIAL POTENTIAL
HIL is expected to generate GHS 2,880,000 in revenues in year one, based on the sale of one set of 2bedroom and 3bedroom apartments every month. Sales are expected to increase marginally to GHS 2,952,000 in year two. Net income before Interest and Taxes are GHS 652,491 and 840,129 in year one and two respectively. Year five revenue projections are GHS 3,143,000 in sales with a net income before interest and taxes of GHS 1,674,870.