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‘Affordable housing should be about innovative products’

Maureen  Ihua-Maduenyi

Affordable housing should mean having access to innovative real estate products, which offer value for money, the Managing Director of PropertyMart, Deji Fasuwon, has said.

Fasuwon said it should also be about delivering well-planned, secure and decent housing, where living standard would not only be enhanced, but where real estate investment would speedily appreciate.

He stated, “Generally, when people think of affordable housing, they think about urban slums with rundown, cheap houses and apartments where people live without having to resort to homelessness. For us at PropertyMart, affordable housing means having access to innovative real estate products, which offer value for money, while delivering a well-planned, secure and decent housing.

“Lekki is reputed to be the fastest growing corridor in Africa as it will soon be home to the biggest port, the biggest refinery, one of the most beautiful and eco-friendly airports in Africa and a free trade zone, which is already oversubscribed by future-oriented local and global businesses. To this end, there has been concerted efforts by the state government to provide road infrastructure around the corridor given that it is already a high traffic route, one that holds a significant economic benefit and potential to accommodate mass influx.”

Fasuwon said the firm’s projected vision for its estate in the Lekki axis, Fairmont Estate, was to become a private living community for those who cherish serenity, splendour, space and security.

“The estate is planned to avail residents a romance with nature and subscribers have a chance to live in customised homes,” he added.

In a statement, Fasuwon explained that the firm was offering affordable land for sale with an innovative and accessible payment structure for the young and upwardly mobile looking for good and affordable value on the Lekki corridor, but who lacked the ability to put down bulk sum.

He stated that the firm had concluded arrangements to end its special promotion offer for early subscribers to its Fairmont Lekki housing scheme, which would see the firm revert to the original price of land in the estate.

Fasuwon added, “We are doing this because, we believe at PropertyMart that affordable housing that actually benefits a community is not cheap housing, but more about value for money. It’s housing that a person could pay for within their price range without going bankrupt, and feel safe and satisfied with.

“We believe that an affordable house can be a dream villa and should be a place where you and your family can comfortably live happily and grow, hence our aggressive pursuit with Fairmont Lekki land sale.”

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