Graphic Business News

Devtraco unveils NoVA project

By: Maclean Kwofi
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Some members of the Devtraco Plus team with the model of the NoVA
Some members of the Devtraco Plus team with the model of the NoVA

Real estate developer, Devtraco Plus Limited,  is undertaking a new plush development in Accra known as NoVA, to help address the housing deficit  in the country.

The new project located at Roman Ridge in Accra which is expected to include a hotel, supermarkets, and residences would be completed in two years at a cost of about US$50 million.

At an event to launch the project in Accra, the Chief Executive Officer (CEO) of Devtraco Plus, Mr Joseph Aidoo Jnr, said the NoVA development project was being built at a perfect time considering the number of developments the company had brought into existence.

“The timing is right: the country needs the development that we can afford and this is the right development, we have been around for 25 years and we have consistently delivered good products at the right price.

“NoVA, which is located in the heart of Roman Ridge, Accra, is the latest and seventh development built by Devtraco Plus and it is only 10 minutes’ drive from the Kotoka International Airport.

Mix suit apartments
The NoVA is a mix-suit apartments which has a studio, between one and three bedrooms, and retail shops available at the ground floor which includes a laundry, sky bar, pharmacy, conference centre, spa, gym among others.

The project also features an international-branded hotel which extends customer services to clients living in the apartments.

The CEO added that NoVA apartments would sell at US$85,000 with the maximum price selling at US$270,000 with payments spread up to 30 months.

Perfect experience
The Sales and Marketing Manager at Devtraco Plus, Mr Eugene Birikorang, explained that NoVA was a perfect experience because it would take away the stress of having to drive out of town, and offered a decent and serene environment.

List on local bourse
Also present at the event was the Chief Executive Officer(CEO) of Ghana Investment Promotion Centre (GIPC), Mr Yoofi Grant, who urged multinational companies in the country to list on the local bourse.

He explained that his call was part of an initiative to offer Ghanaians the opportunity to share in the fortunes of multinational companies operating in the country.

“It is also one of the critical conditions which clearly dwells on the localisation of multinational companies in the country.”—GB