{"id":5989,"date":"2017-08-29T01:26:17","date_gmt":"2017-08-29T01:26:17","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/developer-flags-off-333-unit-housing-estate-in-abuja\/"},"modified":"2017-08-29T01:26:17","modified_gmt":"2017-08-29T01:26:17","slug":"developer-flags-off-333-unit-housing-estate-in-abuja","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/developer-flags-off-333-unit-housing-estate-in-abuja\/","title":{"rendered":"Developer flags off 333 unit-housing estate in Abuja"},"content":{"rendered":"<p>\n<\/p>\n<div itemprop=\"description\" readability=\"132\">\n<p>\u2026Promises to hand over keys in one year<\/p>\n<p>By Emmanuel Elebeke<\/p>\n<p><!-- between content ad --><\/p>\n<p>THE challenge of accommodation for Nigerians, especially civil servants in the FCT will soon become a thing of the past, as a <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">real estate<\/a> firm, Kanis Construction Limited, has flagged off the construction of a 333 unit <a href=\"https:\/\/amazingproperty.com.ng\/blog\/sell-your-home-online-fast\/\">housing<\/a> estate known as Kanis Homes at Karsana district, a suburb of the Federal Capital Territory, Abuja.<\/p>\n<p>Managing Director of the company, Henry Udorah, while addressing subscribers to the residential estate at the ground breaking ceremony in Abuja last week, said the idea behind the estate was to be able to accommodate civil servants, who are salary earners to buy <a href=\"https:\/\/amazingproperty.com.ng\/blog\/really-nice-property-for-sale-in-nigeria\/\">houses<\/a> and to end the challenge of accommodation for FCT residents in general.<\/p>\n<figure id=\"attachment_780560\" style=\"width: 412px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/cdn.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1.jpg?resize=412%2C250&#038;ssl=1\" data-lazy-src=\"https:\/\/i0.wp.com\/www.vanguardngr.com\/wp-content\/plugins\/lazy-load\/images\/1x1.trans.gif?ssl=1\" class=\"size-full wp-image-780560\" alt=\"\" width=\"412\" height=\"250\" srcset=\"https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1.jpg 412w, https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1-300x182.jpg 300w, https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1-58x35.jpg 58w, https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1-260x158.jpg 260w, https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1-200x121.jpg 200w\" sizes=\"auto, (max-width: 412px) 100vw, 412px\"\/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-780560\" src=\"https:\/\/i0.wp.com\/cdn.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1.jpg?resize=412%2C250&#038;ssl=1\" alt=\"\" width=\"412\" height=\"250\" srcset=\"https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1.jpg 412w, https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1-300x182.jpg 300w, https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1-58x35.jpg 58w, https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1-260x158.jpg 260w, https:\/\/www.vanguardngr.com\/wp-content\/uploads\/2017\/04\/LAGOS-ESTATE-1-200x121.jpg 200w\" sizes=\"auto, (max-width: 412px) 100vw, 412px\"\/><\/noscript><figcaption class=\"wp-caption-text\">A housing estate in Lagos<\/figcaption><\/figure>\n<p>Udorah added that the company had come up with a scheme that will accommodate all cadres of civil servants no matter the housing types of their choices, explaining that arrangements were ongoing through their primary <a href=\"https:\/\/amazingproperty.com.ng\/blog\/mortgage-preapproval-guide-for-home-buyers\/\">mortgage<\/a> institution PMI, Federal Housing Mortgage Bank in conjunction with Federal Mortgage Bank of Nigeria FMBN, which is the custodian of the National Housing Fund NHF,\u00a0 to ensure quick delivery of the estate by April 2018.<\/p>\n<p>He said,\u201cWe are all working together to see that we provide affordable houses to people. Instead of the normal outright purchase, we are structuring the payment for them on the house you are paying for, and no matter your level in service, we will accommodate them and their payment will be spread over a period of time. We are trying to accommodate everybody, the high and the low. So, we have two-bedroom flat, three-bedroom, three-bedroom duplexes with boys quarters, four-bedroom semi detached <a href=\"https:\/\/amazingproperty.com.ng\/blog\/buy-terrace-duplex-with-bq-at-lekki-lagos-nigeria\/\">duplex<\/a> and attached boys quarters and four bedroom fully detached duplex with two room boys quarters.<\/p>\n<p>\u201cPrices for the houses are based on salaries or incomes. In other words, your income or salary will determine the housing type that suits you, that you can afford and conveniently pay for. For instance, if you are going for a two-bedroom flat, the initial payment we are taking is 20 percent deposit, and the remaining payment will be spread over a period of time. For the NHF scheme, it is the number of years you have left in service before retirement that will determine the spread of the balance. This means that if you have 20 years left in service, it means your payment will be spread over twenty years.<\/p>\n<p>\u201cIf you look at the work going on already, the roads are being done, the drainage system is being done, and there is already provision for electricity. So, eventually all the basic amenities that make life comfortable will be provided with maximum security and police post here to enhance security among other basic facilities.\u201d<\/p>\n<p>Interested subscribers<\/p>\n<p>Also speaking at the ceremony, the CEO Kaniz Construction Ltd, Dare Osunkojo, said Kaniz emerged as the favourite bidder for the construction of the estate for the Federated United Nations\u2019 Staff Association of Nigeria, FUNSA out of 27 other developers that were shortlisted. He noted that the 333 housing unit estate is not only for\u00a0 the UNDP staff but including other interested subscribers within and outside the FCT.<\/p>\n<p>\u201cIn our estate, we accommodate outsiders who are not UN staff. Presently, we have completed the most difficult part of the job, road, which is a major problem in Abuja. We have been able to tackle the road network in the estate. I expect more subscribers, as we still have more space for subscribers in the estate. This is just the first phase of the project. Behind here is our second phase and the third phase is over there.\u00a0 We have space for everybody. At the end of the day, we have land in this facility that will take over 2,500 subscribers\u201d, he added.<\/p>\n<p>The challenge of the project according to him, is the provision of facilities, as Nigerian banks are not so good in granting <a href=\"https:\/\/amazingproperty.com.ng\/blog\/fast-flexible-real-estate-loans-usa\/\">loans<\/a> to developers who actually need the loans. On his part, the chairman of FUSAN, Mr. Oladipo Osibo, described the ceremony as a good feeling. \u201cWe have gone round the site and we are quite happy about what we have seen. I will say kudos to Kaniz for keeping to their words and also being able to meet peoples\u2019 dreams. What we did was\u00a0 to go through developers that are actually serious and able to provide us with what we truly want. We went through three to five different developers before we finally settled for Kaniz.\u201d<\/p>\n<p>One thing that was clear when we had meeting with them is that they were a bit flexible both in <a href=\"https:\/\/amazingproperty.com.ng\/blog\/tips-for-house-price-negotiation\/\">pricing<\/a> and structure and they seem to be quite honest in their dealings\u201d, Osibo pointed out.<\/p>\n<\/p><\/div>\n<p><a hre=\"https:\/\/www.vanguardngr.com\/2017\/08\/developer-flags-off-333-unit-housing-estate-abuja\/\"> Vanguard <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2026Promises to hand over keys in one year By Emmanuel Elebeke THE challenge of accommodation for &hellip; <a title=\"Developer flags off 333 unit-housing estate in Abuja\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/developer-flags-off-333-unit-housing-estate-in-abuja\/\"><span class=\"screen-reader-text\">Developer flags off 333 unit-housing estate in Abuja<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5990,"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":[1403,509,15239,2890,1377,1398,1379,1378,617,489,344,293,684,604,408,1032,522,84],"class_list":["post-5989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-buy","tag-buy-house","tag-chase","tag-construction","tag-detached-duplex","tag-developers","tag-fully-detached","tag-fully-detached-duplex","tag-house","tag-houses","tag-housing","tag-housing-mortgage","tag-lagos","tag-loans","tag-mortgage","tag-mortgage-bank","tag-nigeria","tag-real-estate"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/LAGOS-ESTATE-1.jpg?fit=412%2C250&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1848,"url":"https:\/\/amazingproperty.com.ng\/blog\/fha-private-developer-begin-260-unit-rockville-garden-estate-in-abuja\/","url_meta":{"origin":5989,"position":0},"title":"FHA, private developer begin 260-unit Rockville Garden Estate in Abuja","author":"Amazing Property","date":"March 13, 2017","format":false,"excerpt":"FHA\u2019s Managing Director, Prof. Mohammed Al-Amin Faced with dwindling revenue due to government\u2019s withdrawal of funding and growing housing demand, the Federal Housing Authority (FHA) has entered into a partnership with a private developer for construction of 260 housing units in Guzape District, Federal Capital Territory (FCT). The Rockville Garden\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\/Mohammed-Al-Amin.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\/03\/Mohammed-Al-Amin.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Mohammed-Al-Amin.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Mohammed-Al-Amin.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/Mohammed-Al-Amin.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8647,"url":"https:\/\/amazingproperty.com.ng\/blog\/rental-prices-driving-abuja-residents-to-outskirts\/","url_meta":{"origin":5989,"position":1},"title":"Rental prices driving Abuja residents to outskirts","author":"Amazing Property","date":"May 21, 2018","format":false,"excerpt":"Abuja. Photo credit: Getty This is how rental prices drives Abuja residents to outskirts . Facts have emerged that high rental prices of houses in the nation\u2019s capital, Abuja have driven residents, especially, civil servants and low-income earners to seek accommodation in the outskirts. The biggest drops in rental affordability\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":"Rental prices","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/05\/abuja.-Photo-Getty-e1519989252673.jpg?fit=1200%2C801&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/05\/abuja.-Photo-Getty-e1519989252673.jpg?fit=1200%2C801&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/05\/abuja.-Photo-Getty-e1519989252673.jpg?fit=1200%2C801&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/05\/abuja.-Photo-Getty-e1519989252673.jpg?fit=1200%2C801&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/05\/abuja.-Photo-Getty-e1519989252673.jpg?fit=1200%2C801&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":1588,"url":"https:\/\/amazingproperty.com.ng\/blog\/buildcon-boosts-housing-stocks-with-pracht-gardens-estate\/","url_meta":{"origin":5989,"position":2},"title":"Buildcon boosts housing stocks with Pracht Gardens Estate","author":"Amazing Property","date":"March 6, 2017","format":false,"excerpt":"The estate consists of 40 units of four and five bedrooms fully detached duplexes as well as four bedrooms terraces, and sits on 21,000 metres square parcel of land in Ikota, before Victoria Garden City in the Lekki area of Lagos State. Efforts have been stepped up towards increasing 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\/03\/estates.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\/03\/estates.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/estates.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/estates.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/03\/estates.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8511,"url":"https:\/\/amazingproperty.com.ng\/blog\/aso-savings-delivers-sanctuary-court-estate\/","url_meta":{"origin":5989,"position":3},"title":"ASO Savings delivers Sanctuary Court Estate","author":"Amazing Property","date":"March 16, 2018","format":false,"excerpt":"ASO Savings & Loans Plc. has, again, reaffirmed its leadership of the mortgage banking sector with the successful completion of the Sanctuary Court Estate, Karmo, Abuja. The N2.3billion Residential Estate project executed in partnership with Hortigraph Nigeria Limited, an indigenous multi-disciplinary engineering, construction and consulting company was fully financed by\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":"Aso Savings 640x360.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/04\/Aso-Savings-640x360.jpg?fit=640%2C360&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/04\/Aso-Savings-640x360.jpg?fit=640%2C360&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/04\/Aso-Savings-640x360.jpg?fit=640%2C360&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1632,"url":"https:\/\/amazingproperty.com.ng\/blog\/developer-boosts-housing-with-pracht-gardens-estate\/","url_meta":{"origin":5989,"position":4},"title":"Developer boosts housing with Pracht Gardens Estate","author":"Amazing Property","date":"March 7, 2017","format":false,"excerpt":"Buildcon Global Services Limited, a Lagos-based construction and real estate development firm has assured its clients that Pracht Gardens Estate, located in Ikota before Victoria Garden City in Lekki area of Lagos, will offer unparalleled luxury, comfort, security as well as\u00a0 a dream environment for aspirational lifestyle. Managing Director and\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":"","width":0,"height":0},"classes":[]},{"id":1334,"url":"https:\/\/amazingproperty.com.ng\/blog\/oak-homes-showcases-affordable-luxury-apartments\/","url_meta":{"origin":5989,"position":5},"title":"Oak Homes showcases affordable luxury apartments","author":"Amazing Property","date":"February 27, 2017","format":false,"excerpt":"[ad_1] Real estate Another residential estate in the heart of Lagos, Oak Homes is set to join the ranks of private housing estates in the country. Up to 90 apartments are planned for the estate, developed and financed by Messrs Oak Homes Limited. The mortgage is being offered in partnership\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\/02\/Real-Estate1.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\/02\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/02\/Real-Estate1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/5989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=5989"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/5989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/5990"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=5989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=5989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=5989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}