Members of the Real Estate Developers Association of Nigeria (REDAN) will in few months time meet with South-west governors to ask for land for affordable housing.
Chairman, REDAN South West zone, Mr. Taiwo Ogunbodede, made this known during a meeting with media personnel in Lagos to unfold his new housing portfolio in Lekki Peninsula along the Victoria Island – Ibeju Lekki corridor.
Taiwo Ogunbodede who doubles as the vice president,REDAN stated that the Ogun State Government is hampering development on the Mowe and Ofada axis with its land policy. He explained that the lingering problem between developers and State authorities have not been resolved, as the developers could not afford the exorbitant levy on the properties.
On the new survey fees by the Nigerian Institution of Surveyors, Ogunbodede stated that REDAN is still engaging the body to reverse its fees to the former price, as it was unfair and inequitable to increase the fees at this period of economic recession.
Meanwhile, if the projections of a Lagos-based estate construction company come to pass, the firm will in a few months time, commission three estates comprising 50 units of apartments.
Tagged ‘Orange Ville Residences (Berkshire Apartments), Shepherd Apartments and Fort Alexander, the projects are the baby of Cross and Churchill Estates Limited. The iconic Berkshire Apartment development consist of 24 unit of standard and affordable two and three bedroom apartments, Shepherd’s Apartment II comes with 16 unit of standard and affordable three bedroom apartments while the Fort Alexander will boasts of a ten- unit apartments.
Essentially, the Orangeville Residence or Berkshire Apartment will be located at Okun-Ajah (along Okun-Ajah- Coastal Road), Eti-Osa Local Government Area, while the Shepherd Apartments sit on a land shortly after Adiva plains/Beechwood Estates, Lakowe Lake Resorts and Mayfair Gardens. About five minutes before the Amen Estates and about eight minutes before the junction of proposed new Lagos Airport.
Dubbed by its promoters as a haven of affordable luxury, the Orangeville Residences estate comes with stand-by power supply, water treatment plant, pave compound, drains and walkways, parking space for two cars per apartment, security post and CCTV system.
According to the Managing Director, Cross and Churchill Estates Limited, Mr. Taiwo Ogunbodede, “Orangeville Premium Apartments adorns one of the most prestigious areas of Lagos and Nigeria – “The Lekki – Peninsula”. Coupled with the humongous opportunities that abound in this vicinity, the Lekki-Peninsula has created massive residential and commercial real estate opportunities, making it a magnetic hub.
“The Berkshire Apartments is a chic edifices spreading across three floors which blends modern attitude with traditional delight to create contemporary living with high specification facilities. Our bespoke living room/dining room, which was crafted with your extra coziness in mind.”
Ogunbodede said that the Shepherd’s Apartment II are masterfully crafted luxurious home to offers “a blend of modern attitude with traditional neighbourhood comforts and brings a new meaning to urban living.
“We have built a sterling portfolio of properties by creating value in vintage locations and distinctive communities. While we specialize in creating highly desirable developments and structured transactions, we take the greatest pleasure in creating beautiful communities that enrich lives, relationship that lasts and above all, building trust.
“We strive to understand the needs of our clients by working diligently to achieve the results they desire. Over the years, we have developed the knack for creative and out-of-the-box solutions, ” he said.
According to him, the projects fits into people’s pockets and affordable as the commitment fees have been lowered to ten per cent. “We reduced it to make entry level easy. We also offer our customers, the best in price in terms of finishing,” he added.
By Marc Philips