HouseAfrica Launches Real Estate Authentication Digital Platform

HouseAfrica, a proptech startup, has launched its innovative digital site, Sytemap.com that allows for instant land and real estate property authentication to detect fraud in the industry.

The digital transaction tool enables the firm to provide estate digitalisation and transparency transaction tools thereby enhancing confidence and eliminating fraud in land and real estate transactions across Africa.

The COO and Co-founder, House Africa, Ndifreke Ikpoku, who disclosed this in Lagos, recently, said the team members were inspired to build this after one of their Co-founders, Nnamdi Uba, was defrauded in a Land deal.

He revealed that,  “Close to 95 percent of lands in Africa do not have verifiable titles which expose genuine retail investors to fraud.  Our solution enables buyers to make informed decisions when buying lands. Over 100+ Real Estate companies already use sytemap – including major brands like AlphaMead, Leadway Properties, Bamboo to mention a few.”

Commenting on the innovative site, the Managing Director of Leadway Properties, Amaka Udeh, said: “HouseAfrica mission aligns with ours especially as it ensures our clients enjoy the value of their real estate investments.”

Also speaking, the Founding Partner,  Future Africa, Iyinoluwa Aboyeji, said:  “HouseAfrica is helping to create and digitize private land registries. I always thought it was only the public land registries that were slow, inefficient and murky until I heard about the experience of a friend who had to pay two different sets of people to buy land within a private estate.

“I’m super excited about how by helping private landowners and estates digitise their land records they can start to help create transparency and value that should hopefully soon inspire government land registries to follow suit.”