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Reading: Real Estate Firm Promises Affordable Housing For Low-Income Earners
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Democracy Newsline Newspaper > News > News > Real Estate Firm Promises Affordable Housing For Low-Income Earners
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Real Estate Firm Promises Affordable Housing For Low-Income Earners

Democracy Newsline
Last updated: 2024/01/29 at 9:12 AM
Democracy Newsline 2 years ago
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Real Estate Firm Promises Affordable Housing For Low-Income Earners

•••Launches Housing Scheme In Ketu-Epe, Lagos

Kazeem Awojoodu, Ibadan

A real estate company in Lagos state has vowed to provide affordable housing for Lagosians in a bid to reduce housing deficit in Nigeria, just as the Managing Director of the firm known as AS Wonder Homes and Properties, Amb. Agbi Stephen, launches Iyanu Lagos Estate in Epe and promises low-cost housing for low-income earners.

With the approval of the Lekki-Epe International Airport by the Federal Government, AS Wonder Homes and Properties Limited, the fastest-growing real estate firm in the country, has now joined the great number of enterprises contributing to the commercial expansion in the area with its Iyanu Lagos project.

Iyanu Lagos, which will offer both commercial and residential services to Lagosians, as we look forward to providing housing to accommodate the springs of development coming to the Epe axis. There is no doubt that Epe, due to numerous developmental projects, will make Lagos a megacity and expand development across all zones.

The ongoing projects such as the Deep Sea, Lekki Free Trade Zone, the International Airport, and the central food processing and storage facility, among others in the axis, have made Epe the next commercial destination for any investor who is looking for high returns on investment, says Dr. Agbi Stephen, MD of AS Wonder Homes and Properties Limited, during the launch of Iyanu Lagos Ketu-Epe.

He added that in a couple of years, the Epe axis would be like the Ikeja, Apapa, and Lekki areas of Lagos State. Our company is working with the Lagos State government and other private individuals to provide affordable housing for low-income earners in order to reduce the housing deficit in the country. “We intend to achieve this through a flexible and systematic payment plan that meets each individual’s earnings.”

Agbi Stephen, while feeding questions on the company’s investment in the area, said that “Iyanu Lagos is our 5th major estate in this axis, our Wonder Court Estate, where we are currently developing 1000 housing units in the Oribanwa, Awoyaya area of Lagos, which is at 50 percent completion with residents already enjoying the facility.”

He further explained that the reason why the company waited this long before launching this project was to enable us to carry out our due diligence on the properties to ensure that when you invest here, you can go and sleep with your two eyes closed.

He advised anyone who is willing to invest to carry out proper checks on the developer before investing to avoid regrets and endeavor to buy properties with the right documentation.

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Democracy Newsline January 29, 2024
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