PURC Maintains Utility Tariffs for Q4 2026 as State Housing Company Launches Nationwide Property Audit

The Public Utilities Regulatory Commission (PURC) has announced that electricity and water tariffs will remain unchanged for the fourth quarter of 2026, providing a measure of economic stability for Ghanaian consumers and businesses. Effective October 1, 2026, the zero percent adjustment follows a comprehensive quarterly review of key economic indicators, including the depreciation of the Ghana cedi, natural gas costs, and an average annual inflation rate of 4.97%. The Commission emphasized that this decision balances the financial viability of utility providers with the protection of consumer wellbeing, while promising continued monitoring of service quality standards across the country.

Simultaneous with this utility price freeze, the State Housing Company Limited (SHC) has launched an aggressive nationwide audit and recovery exercise to regularize the occupation of its lands and properties. The SHC has issued a 21-day ultimatum, effective from September 24, 2026, for individuals without valid documentation, encroachers, and those with expired leases to regularize their interests. Property occupants who fail to present relevant documents for verification within this window face lawful recovery actions. The SHC also advised the general public to conduct thorough due diligence before engaging in any transactions involving lands purportedly belonging to the state developer.

In the private sector, the 3rd Republic Bank-JoyNews Habitat Fair Clinic recently concluded at the Junction Mall in Nungua, serving as a hub for prospective homeowners and property investors. Held from September 25 to 27, the event successfully connected patrons with financial institutions, construction firms, and security experts. Attendees received personalized guidance on mortgage options and housing packages, highlighting the growing demand for structured property investment information in the Ghanaian market. Republic Bank Ghana and other participating entities used the platform to showcase various financing solutions designed to lower the barrier to homeownership.

Further signaling growth in the premium real estate market, Devtraco Plus has unveiled its twelfth major project, the Lotus Airport Residential, to commemorate its 30th anniversary in Ghana. Located in the prime Airport Residential area off Patrice Lumumba Road, the development features twin 12-storey towers offering a range of living options from studios to penthouses. Chief Sales and Marketing Officer Sandra Mudzimba noted that the project is strategically positioned to meet evolving urban demands, offering amenities such as a wellness center and co-working spaces. This project underscores the continued expansion of Ghana's high-end property portfolio amidst a broader push for sector transparency and improved utility management.