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Firm completes N3b Crown Court estate

Amazing Property by Amazing Property
July 3, 2017
in Opportunities In New Markets
0
Real estate news

Real estate

A real estate development and investment company, Messrs Crown Realities Plc has completed a high-end gated luxury residential estate in Abuja, christened Crown Court.

The estate located at Durumi is on 5.97 hectares of land, cost over N3billion and comprises 81 units of fully detached family units and Golf course. Facilities include clubhouse, love garden, gym/wellness place and a mini mart for purchase of everyday items by residents.

Minister of the Federal Capital Territory, Ahaji Mohammed Musa Bello who unveiled the estate, observed that the FCT administration sees the project as a gesture of goodwill and a demonstration of confidence in the present administration’s effort to address the housing deficit and attract foreign investment.

He noted that when an accelerated mass housing estate was embarked upon by the previous administrations in the FCT, it was intended to accommodate all strata of the society, but the vision was derailed resulting to many vacant houses due to high cost being charged by developers.

Bello stressed the need for developers to adhere to stipulated guidelines for housing development.

Earlier, the company’s Managing Director, Mr. Darl Uzu explained that each family unit has four bedrooms, all en-suite, two sitting rooms and a boy’s quarter.

The estate has concealed drain, private water supply; power supply connected to the national grid and supplemented with three synchronized 630KVA standby generating plants.

Earlier, the Chairman, Crown Realities Plc, Chief Ferdinand Alabraba appealed to FCT administration to provide more land for the company to enable it develop more housing units in Abuja.

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Tags: chasedevelopersdevelopmentfully detachedhousehouseshousingmass housingpropertyRealreal estate
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