Real estate developer in Nigeria aims to construct 2,000 houses by 2017

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Real estate developer in Nigeria aims to construct 2,000 houses by 2017

Real estate developer in Nigeria Ifitech and Associates Limited,plans to construct over 2000 housing units across the country before the end of 2017.

The company’s Chief Executive Officer Ifeanyi Isaac said the objective of Ifitech and Associates Limited from 2008, when it was set up and incorporated to run the business of developing and managing estates in Nigeria was to offer affordable and low-cost housing to Nigerians.

He said in order to achieve this mission, the company has dedicated itself to buying land in three states in the country namely Enugu, Lagos and Imo. The company has two schemes in Imo. Six in Lagos and one scheme in Enugu.

He said that in making sure the objectives of the company is successfully achieved, the company has structured payment for plots in all the estates to run over a period of six to twelve months.

The real estate developer in Nigeria currently has 2000 subscribers who have already started putting their own houses adding to what the company is putting up.

Despite putting up these estates to mainly targeting low-income earners, Isaac said that Ifitech and Associates Limited will also make sure that property owners and residents of the estates also benefit from the top-notch infrastructure.

“All our estates currently have perimeter fencing with road networks, drainage systems, water, security, play areas for family and shopping centers. We are hoping to create estates that will function with a communal lifestyle, where people will live in peace and harmony irrespective of religion or ethnicity”.

Isaac says to address the challenge of reducing Nigeria’s housing shortage the government should partner with competent real estate companies like Ifitech and Associates Limited.

He added that Ifitech and Associates Limited is at the moment working with the Imo State Government to offer mass housing and the company is still looking for opportunities with other states to develop affordable mass housing for Nigerians.

 

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