The Ogun State in Nigeria has commenced the construction of the OPIC estate Isheri along the Lagos-Ibadan expressway road. The Ogun State Property Investment Corporation, (OPIC) is responsible for the estate project and the MTR Gardens.
The project will increase housing in Nigeria by 600 units comprised of 2 and 3 bedrooms flats where as the MTR Gardens Isheri will have 120 units made of 2 bedroom flats as well as 400 units of premium 3 bedrooms apartments.
According to Babajide Odusolu, the Ogun State Property and Investment Corporation (OPIC) Managing Director, the government is optimistic at delivering quality housing in NIgeria at an affordable rate. He added that this can be achieved through careful balance of efficient design and planning without compromising quality.
Mr. Odusolu also described the MTR Gardens as a multi-zone gated community that will have several infrastructural facilities and services that will benefit the estate residents and the neighborhood estates, such as club house with gym, water works that will provide potable water, power station for adequate power supply, swimming pool, squash court and a modern super market.
Housing units had been the key programme for tremendous investments in Nigeria given that Senator Ibikunle Amosun administration gestured its commitment to contribute to the development of the country by recently commissioning the first fully gated estate in Abeokuta known as the Orange Valley Estate which has a construction record of 9 months.
OPIC has introduced a 36 month OPIC advantage payment plan that will make the ongoing estate project and other OPIC projects more affordable to Nigerians. The plan will allow qualified applicants to make a 30% deposit of the total cost and take charge of their assigned units while the balance is settled in over 36 months.
