Property rate increases in Nkawkaw are sparking outcry as residents face surging costs and potential legal action for non-payment, driving up local rents.
The directive also warns that defaulters who fail to pay within three months of receiving assessment notices risk legal action, including possible court orders for the sale of properties to recover outstanding amounts.. According to notices cited by affected residents, some property owners are now expected to pay between GHS4,000 and GHS6,000 in property rates under the revised structure.. In Nkawkaw, a tenant identified as Master Benjamin described the increment as excessive, saying his property
rate rose from GHS200 to GHS1,500—an increase of GHS1,300, representing about 650 percent.. He said the adjustment places significant financial pressure on both landlords and residents, urging the Assembly to reconsider the new rates in light of prevailing economic challenges.. The sharp increase is already having a ripple effect on the rental market, with some landlords reportedly passing the additional costs on to tenants.. Master Benjamin further disclosed that his monthly rent has increased from
GHS200 to GHS600 following the adjustment in property rates.. Reports indicate that several residents across Nkawkaw have begun receiving notices of rent increases as landlords seek to offset the higher charges.. The development has intensified calls for the Assembly to review the policy to prevent further strain on households within the municipality.. More annon!
Nkawkaw, property rates, Ghana economy, rent increases, municipal taxes, property assessment