Uraga Real Estate Limited, a member of the Honeywell Group has commenced the construction of its new luxury residential development at the prestigious Osborne Phase One Estate in Ikoyi, Lagos.

The “Kara Residence” consists of spacious apartments, immaculately finished with a welcoming and tranquil ambience. The luxury development offers a unique living experience by providing a suite of vibrant spaces and luxurious leisure facilities including a swimming pool, gymnasium and a private garden. 

Speaking at the groundbreaking ceremony, the Executive Director, Uraga Real Estate Limited, Moyo Ogunseinde said, “One of the major ideas that triggered the development of the Kara Residence is the urge to create a serene space that will capture the real essence and spirit of family living with its elegantly crafted and timeless design.”

The company’s expertise in design, planning and execution has been utilized to deliver unique lifestyle products to its clients across the major real estate sectors in Nigeria, ranging from hospitality to residential.

Speaking further, the Executive Director stated, “Uraga Real Estate Ltd has been enjoying rapid and profitable growth. This is reflected in our growing workforce and quality project delivery in and around Lagos and its environs.”

Over the last 10 years, Uraga Real Estate has created and reinvented some of the most recognizable buildings in Nigeria. The company has delivered over 39 thousand square meters and $38.7 million of end value development.

Uraga Real Estate (A Honeywell Group Company) is a real estate company committed to creating long-lasting communities by providing creative and sustainable solutions. With a long-term commitment to Africa, we are known for our design-led philosophy and creative approach to development and sustainability goals.

Every day Uraga brings people together to work for a prosperous future- sharing in a collective wisdom and business acumen of multiple project partners, leading to the development and management of valuable spaces, increasing the wealth and well-being of Africa and beyond.