Connect with us

Homes & Properties

Developer slashes land price by half



Developer slashes land price by half

In a move to help people realise their dream of home ownership, housing developing firm, Gotinformation Limited, has slashed land price in Oloja Estate by half.

Consequently, a plot of land, which before now cost N700,000 is now selling for N350,000. This promo is available for the next 30 days.

Chief Executive Officer of the company, Mr. Ayobami Talabi, said the move had become imperative following the low purchasing power of people due to economic recession and their aspiration to own houses at all cost.

He advised them to always look for location where human population is increasing and where government’s interest abounds, stressing that his estate possessed such potential.

Located in Ikorodu, he stated that prime location and other emerging development around such as the proposed Mile 12 market, Fourth Mainland Bridge, Lagos State housing estates and other private schemes have made the location in Imota the next real estate investment destination in Nigeria.

Talabi hinted that many heactares of land have been acquitted in the location for the estate.

For the purpose of affordability, CEO, Glossydee Event Services, Deborah Aderemi, explained that the price of a plot of land in the estate has been slashed to N350,000 for first 300 plots from N700,000.

She hinted that there were 306 plots in the first phase of the estate, while phase two has 294 plots of 60 by 120 square metres.

According to her, the estate is open to other developers, investors and cooperatives interested in buying and having their own estates, adding that the land comes with registered survey plan in place of excision.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *




Take advantage of our impressive online traffic; advertise your brands and products on this site. Call For Advert Placement and Enquiries, Call: Mobile Phone:+234 803 304 2915 Online Editor: Michael Abimboye Mobile Phone: 0813 699 6757 Email: Copyright © 2018 NewTelegraph Newspaper.

%d bloggers like this: