Efforts to propagate the concept of affordable housing could manifest early successes this year, if a new initiative being worked out by a private developer in Benin, Edo State is anything to go by.
The new initiative is christened Goshen Garden City, and sits on 32 hectares of land at Amufi area of Ikpoba-Okha Local Council Area, Benin, off Benin-Agbor Expressway. The buildings will harbour 325 homes, consisting of 200 unit-bungalows of three-bedroom each and 125 unit-duplexes of five-bedroom each, the residential estate.
Promoted by a real estate development firm, Messrs Prucriz Property and Investment Limited, the estate also includes a site and services scheme, about two and a half kilometres from the NNPC Depot and Benin Bye-pass. The estate has global certificate of occupancy and built by a consortium of engineers with proven track records in the building industry.
Currently, 21 units of the bungalows have been fully completed and ready for occupation, five units at roofing stage while 14 units are under construction. Facilities in the estate include well-tarred road network, healthcare complex, shopping mall, water supply, sewage treatment plants, police stationCCTV, recreational centre, and standby 33 KVA power generator for uninterrupted power supply and 24 hours security.
The company’s Managing Director, Mr. Chris Ebbihi, , said the first set of residents in the estate will move in this June. “We are offering opportunity to subscribers to live in a serene and secure environment now and in the foreseeable future.”
Ebbihi explained that each unit is built on 450 square metres, and each unit is expected to have a low fence apartment from the perimeter fencing. He revealed that the first set of residents would take possession of their houses in June.
He said the firm is partnering with Delta Trust Mortgage Bank for the funding of the project. There is mortgage facility for those who want to facilitate their purchases through mortgage repayment plan, and arrangement for instalment payment. Each of the bungalows has a price tag of N10 million.
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