{"id":4549,"date":"2017-05-15T02:28:55","date_gmt":"2017-05-15T02:28:55","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/developer-begins-lagos-royal-residence-estate\/"},"modified":"2017-05-15T02:28:55","modified_gmt":"2017-05-15T02:28:55","slug":"developer-begins-lagos-royal-residence-estate","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/developer-begins-lagos-royal-residence-estate\/","title":{"rendered":"Developer begins Lagos Royal Residence Estate"},"content":{"rendered":"<p><\/p>\n<div id=\"\">\n<div id=\"attachment_268587\" class=\"wp-caption alignleft\" readability=\"37\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg?resize=1280%2C720&#038;ssl=1\" data-lazy-src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/plugins\/ventra-lazy-load\/images\/1x1.trans.gif?ssl=1\" data-lazy-srcset=\"https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg 1280w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-640x360.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-1062x598.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-281x158.jpg 281w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-562x316.jpg 562w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-487x274.jpg 487w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-974x548.jpg 974w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-600x338.jpg 600w\" class=\"wp-image-268587 size-full\" alt=\"\" width=\"1280\" height=\"720\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"\/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-268587 size-full\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg?resize=1280%2C720&#038;ssl=1\" alt=\"\" width=\"1280\" height=\"720\" srcset=\"https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg 1280w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-640x360.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-1062x598.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-281x158.jpg 281w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-562x316.jpg 562w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-487x274.jpg 487w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-974x548.jpg 974w,https:\/\/guardian.ng\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017-600x338.jpg 600w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"\/><\/noscript><\/p>\n<p class=\"wp-caption-text\">The estate with about 54 serviced plots is zoned into five areas; detached zone, semi \u2013 detached zone, terraced zone, recreational and commercial zones with the mindset of achieving a certain level of uniformity and ambiance .<\/p>\n<\/div>\n<p>Lagos-based private developer, Messrs Obika <a href=\"https:\/\/amazingproperty.com.ng\/blog\/estate-agents-nearby\/\">Realtors<\/a> Limited has launched a site and services scheme in the Lekki-Epe corridor for the middle class and upwardly mobile professionals who desire to live in a serene environment.<\/p>\n<p>The 10 acre gated community, skillfully planned and laid out with dedicated areas for residential and recreational purposes, located at Eluju town ,Ibeju \u2013Lekki\u00a0 Local government area, has been christened Royal Residence.<\/p>\n<p>The estate with about 54 serviced plots is zoned into five areas; detached zone, semi \u2013 detached zone, terraced zone, recreational and commercial zones with the mindset of achieving a certain level of uniformity and ambiance .<\/p>\n<p>The Managing Director, Obika Realtors, Mrs. Ekamma Ufot said the company will be providing basic infrastructures and services within the estate such as roads ,drainages ,electricity ,water ,security\u00a0 as well as effective facility management of the sprawling residences\u00a0 .<br \/>According to her, 20 allocations will be made in \u00a0 the first phase\u00a0and a subscriber can purchase up to four\u00a0 plots, which must developed within a five year period .<\/p>\n<p>She told scores of subscribers and stakeholders that witnessed the impressive first phase allocation and sod-turning ceremony that a Deed of Assignment would be given to all beneficiaries\u00a0when payments are completed.<\/p>\n<p>Mrs Ekamma said the business philosophy of the company is hinged on meeting and surpassing the needs of its numerous clients by simply achieving world class services in the most cost effective and professional manner.<\/p>\n<p>The Managing Director stated that the core value of the firm is to maintain a strong foundation of trust, integrity and professionalism with its clients, a feat that is evident in the Royal Residence estate project.<\/p>\n<p>She stated that the cost of the serviced plots are very affordable, especially taking into consideration the facilities therein, stressing \u201cwe are providing this dream environment for less all in a bid to transform the dreams of prospective allottees\u00a0\u00a0 to reality \u201c<\/p>\n<p>\u201cWe are already getting testimonies from our stakeholders due to our commitment to deliver as promised within the stipulated time frame \u201c ,Mrs. Ekamma stressed .<\/p>\n<p>One of the subscribers, John Ikomi described the project as a very affordable in view of the infrastructure to be provided. He added that the estate firm had demonstrated honesty and sincerity of purpose coupled with a commitment to ensure that stakeholders dream will be actualised soonest.<\/p>\n<p>Another subscriber, Managing Director, Cordros Capital, Wale Agbeyangi lauded the scheme even as he expressed amazement at the extent and quality of work done on the estate.<\/p>\n<p>The estate is also within Eleko Beach, Amen Estate, the Lekki Free Trade Zone (FTZ), the New International Airport, and Deep sea port. It is highly competitive with other estates within the area due to its proposed standard facilities.<\/p>\n<p>The estates are devoid of any encumbrances from Omoniles or Government. There is also the added value effect of the Free Trade Zone which defines and increases the values of properties within the terrain. The FTZ which is an initiative by the Lagos State government in collaboration with a consortium of Chinese companies has been earmarked to become the new multi-industrial, multi-functional, special economic zone called the \u201cNew Lagos\u201d. It is expected to be a self-sustaining model city incorporating modern commercial zones as a catalyst for the economic growth of Nigeria and Lagos in particular.<\/p>\n<p>The area is both strategically and economically planned to be viable and thrive in robust production and manufacturing of goods and services, Oil &amp; gas industry, Imports &amp; Exports trade, marine and shipping activities, Tourism and <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">Real Estate<\/a> etc.<\/p>\n<p>The LFTZ is a model project for inter-governmental cooperation between China and Nigeria attracting maximized granting of preferential policies and incentives for the investors in the zone and is therefore expected to create a positive neighborhood effect on the value of all property around the area.<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a hre=\"https:\/\/guardian.ng\/property\/developer-begins-lagos-royal-residence-estate\/\"> Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The estate with about 54 serviced plots is zoned into five areas; detached zone, semi \u2013 &hellip; <a title=\"Developer begins Lagos Royal Residence Estate\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/developer-begins-lagos-royal-residence-estate\/\"><span class=\"screen-reader-text\">Developer begins Lagos Royal Residence Estate<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3474,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[15239,684,1384,3058,522,41,818,479],"class_list":["post-4549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-chase","tag-lagos","tag-lekk","tag-location","tag-nigeria","tag-property","tag-real","tag-realtor"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg?fit=1280%2C720&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2912,"url":"https:\/\/amazingproperty.com.ng\/blog\/developer-plans-new-community-in-lagos\/","url_meta":{"origin":4549,"position":0},"title":"Developer plans new community in Lagos","author":"Amazing Property","date":"April 3, 2017","format":false,"excerpt":"Units in the proposed estateWith a package of infrastructure nearing completion at Osapa Kingdom, popularly known as Osapa London, a harvest of luxury homes is to be floated onto the Lagos property market by Kazeem Royal Properties Limited. The new estate located just minutes from Lekki, between renowned shopping centres\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Osapa.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Osapa.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Osapa.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Osapa.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, 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Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Affordable1 Developer.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/02\/Affordable1-developer.jpg?fit=412%2C412&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3473,"url":"https:\/\/amazingproperty.com.ng\/blog\/developer-launches-orange-ville-residences-others\/","url_meta":{"origin":4549,"position":2},"title":"Developer launches Orange Ville Residences, others","author":"Amazing Property","date":"April 17, 2017","format":false,"excerpt":"An illustration showing one of the proposed estates REDAN plans talks with South-West governors on housing If the projections of a Lagos-based estate construction company come to pass, the firm will in a few months time, commission three estates comprising 50 units of apartments located in Lekki Peninsula along the\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/04\/Lekki-17-04-2017.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1864,"url":"https:\/\/amazingproperty.com.ng\/blog\/dangote-refinery-free-trade-zone-lift-lagos-real-estate\/","url_meta":{"origin":4549,"position":3},"title":"Dangote refinery, free trade zone lift Lagos real estate","author":"Amazing Property","date":"March 13, 2017","format":false,"excerpt":"On-going public and private sector synergy leading to the development of Dangote Refinery Project and Lagos Free Trade Zone (FTZ) have been received by the real estate community last week with mixed feelings, with the leadership of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) decrying the non-involvement of\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/lekki-free-Zone.jpg?fit=1200%2C696&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/lekki-free-Zone.jpg?fit=1200%2C696&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/lekki-free-Zone.jpg?fit=1200%2C696&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/lekki-free-Zone.jpg?fit=1200%2C696&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/lekki-free-Zone.jpg?fit=1200%2C696&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6718,"url":"https:\/\/amazingproperty.com.ng\/blog\/buildcon-begins-lagos-pracht-court\/","url_meta":{"origin":4549,"position":4},"title":"Buildcon begins Lagos Pracht Court","author":"Amazing Property","date":"October 23, 2017","format":false,"excerpt":"Gadzama Lagos-based firm, Messrs Buildcon Global Services Limited has commenced its new project, the Pracht Court located in Ajah, Lagos. Pracht Court, located at a serene environment, offers top-notch luxury, comfort, maximum security and affordability. The estate consists of four-bedroom terrace (smart) houses, which incorporate advanced automation systems to provide\u2026","rel":"","context":"In &quot;Opportunities In New Markets&quot;","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Bukunola-Gadzama.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Bukunola-Gadzama.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Bukunola-Gadzama.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Bukunola-Gadzama.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/05\/Bukunola-Gadzama.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6629,"url":"https:\/\/amazingproperty.com.ng\/blog\/developer-launches-luxury-le-moriah-residences-in-lagos\/","url_meta":{"origin":4549,"position":5},"title":"Developer launches luxury Le Moriah Residences in Lagos","author":"Amazing Property","date":"October 16, 2017","format":false,"excerpt":"An illustration of the proposed Le Moriah Residences, Lekki, Lagos If the projections of a Lagos-based estate construction company come to pass, the firm will by June next year, commission a estate comprising 50 units of luxurious apartments located in Ikate Elegushi, along the Victoria Island \u2013 Lekki corridor. 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