{"id":7145,"date":"2017-11-20T04:13:54","date_gmt":"2017-11-20T04:13:54","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/bank-partners-lagos-state-government-in-340-unit-project\/"},"modified":"2017-11-20T04:13:54","modified_gmt":"2017-11-20T04:13:54","slug":"bank-partners-lagos-state-government-in-340-unit-project","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/bank-partners-lagos-state-government-in-340-unit-project\/","title":{"rendered":"Bank partners Lagos State government in 340-unit project\u00a0"},"content":{"rendered":"<p>\n<\/p>\n<div id=\"\">\n<div id=\"attachment_121446\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank.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\/2016\/04\/Sterling-Bank.jpg 1280w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-640x360.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-1062x598.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-600x338.jpg 600w\" class=\"size-full wp-image-121446 lazyload\" alt=\"\" width=\"1280\" height=\"720\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"\/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-121446 lazyload\" src=\"https:\/\/i0.wp.com\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank.jpg?resize=1280%2C720&#038;ssl=1\" alt=\"\" width=\"1280\" height=\"720\" srcset=\"https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank.jpg 1280w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-640x360.jpg 640w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-1062x598.jpg 1062w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-320x180.jpg 320w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-531x299.jpg 531w,https:\/\/guardian.ng\/wp-content\/uploads\/2016\/04\/Sterling-Bank-600x338.jpg 600w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\"\/><\/noscript><\/p>\n<p class=\"wp-caption-text\">Sterling Bank<\/p>\n<\/div>\n<p>Another residential estate, Sterling Court, is set to join the ranks of <a href=\"https:\/\/amazingproperty.com.ng\/blog\/property-center-nigeria\/\">housing<\/a> estates in the Lagos metropolis.<\/p>\n<p>Up to 320 units are planned for the estate, being jointly developed by Sterling Court Development and Lagos State Government as a pubic private partnership scheme. \u00a0 The initiative has Sterling Bank Plc as its financial partner also as its first client; plans to <a href=\"https:\/\/amazingproperty.com.ng\/blog\/tips-for-house-price-negotiation\/\">offer<\/a> solution to the acute housing shortage being experienced in the nation, particularly in Lagos State as its population grows geometrically.<\/p>\n<p>Sterling Court, conceptualised by the concessionaires in 2009, is located in at Ajelogo Housing Scheme, Alapere under Agboyi-Ketu Local Council Development Area.<\/p>\n<p>The scope includes construction of 40 blocks of 320 units starting with 26 blocks of 116 units as first phase in the year 2017. It consists of contemporary designed apartment building, modern terraces and <a href=\"https:\/\/amazingproperty.com.ng\/blog\/duplex-in-ikota-lekki-phase-1-lagos\/\">duplexes<\/a> aimed at meeting accommodation needs of the medium earning families.<\/p>\n<p>The design of the first phase consists of three prototype buildings to enrich proposed homeowners with variety of options. These prototypes are; eight blocks of apartment building with a total of 64 flats. Each apartments provides accommodations of three bedrooms en-suite with spacious living room, fitted kitchen and maids room to service every flat<\/p>\n<p>Another type is the eight blocks of <a href=\"https:\/\/amazingproperty.com.ng\/blog\/buy-terrace-duplex-with-bq-at-lekki-lagos-nigeria\/\">terrace<\/a> buildings with a total of 32 apartments, each apartments provides accommodations of three bedrooms en-suite with spacious living room , fitted kitchen, family lounge and maids room.<\/p>\n<p>There is also 10 Blocks of duplexes with a total of 20 apartments; each apartments provides accommodations of three bedrooms en-suite with spacious living room, fitted kitchen, family lounge maids room and a dedicated compound.<\/p>\n<p>The estate has been designed to provide <a href=\"https:\/\/amazingproperty.com.ng\/blog\/the-benefits-of-solar-roofing-for-your-home\/\">energy<\/a> for self-sustainability, adequate parking spaces, 24hrs security, excellent road network, ample parking and good central sewage disposal system.<\/p>\n<p>The group head, non-interest banking Sterling Bank Plc, Dr. Bashir Oshodi, said: \u201cThe banks involvement as the first client and financiers of the development is therefore borne out of Sterling Bank\u2019s culture of community engagement and promotion of a sustainable society by enriching lives\u201d.<\/p>\n<p>According to Dr. Oshodi, the project will be of immense benefit to medium income families with satisfactory facilities provided at very moderate cost.<\/p>\n<p>The Developers, OKB and Associates Limited noted that Sterling Court intends to create a world adaptable to urban commercialization where clients live life in style and learn to embrace life\u2019s true pleasures within their budget range.<\/p>\n<p>\u201cPopulation growth in metropolitan Lagos\u201d, Mr. Owolabi Kola-Balogun, CEO, OKB &amp; Associates said, \u201chas assumed a geometrical proportion while the provision of urban infrastructure and housing to meet this demand is not at commensurate level\u201d.<\/p>\n<p>This, according to him, has resulted in acute shortage of housing to the teeming population with Lagos alone, according to statistics available, accounting for about 5 million deficit which represents 31% of the estimated national housing deficit of 18 million. \u201cThis figure is growing at an exponential rate and therefore, the urgent need to provide affordable mass housing to help cushion the effect on the demand for housing\u201d, he stressed.<\/p>\n<p>Corroborating this, the Project Manager, Arc. Taiwo Adeleke of Triarch Projects and Services Limited; a household name in property development and management consultancy stated that \u00a0his team and financiers of the development; Sterling Bank Plc, share a strong desire which is to transform the landscape with effective presence in Nigeria, Africa and internationally by transmuting concepts and ideas into substantial realities.<\/p>\n<\/p><\/div>\n<p><a hre=\"http:\/\/guardian.ng\/property\/bank-partners-lagos-state-government-in-340-unit-project\/\"> Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sterling Bank Another residential estate, Sterling Court, is set to join the ranks of housing estates &hellip; <a title=\"Bank partners Lagos State government in 340-unit project\u00a0\" class=\"hm-read-more\" href=\"https:\/\/amazingproperty.com.ng\/blog\/bank-partners-lagos-state-government-in-340-unit-project\/\"><span class=\"screen-reader-text\">Bank partners Lagos State government in 340-unit project\u00a0<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7146,"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":[981,519,2890,1399,12908,543,627,617,344,684,382,522,1007,41,15307],"class_list":["post-7145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-a-house","tag-africa","tag-construction","tag-development","tag-home","tag-home-buying-guide","tag-homeowners","tag-house","tag-housing","tag-lagos","tag-mass-housing","tag-nigeria","tag-owners","tag-property","tag-ulta"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/11\/Sterling-Bank.jpg?fit=1280%2C720&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":6635,"url":"https:\/\/amazingproperty.com.ng\/blog\/experts-back-cooperative-model-for-housing-financing\/","url_meta":{"origin":7145,"position":0},"title":"Experts back cooperative model for housing financing","author":"Amazing Property","date":"October 16, 2017","format":false,"excerpt":"housing estate in Lagos Developmental experts have called for a\u00a0shift from existing conventional housing finance to cooperative and sustainable mortgage financing culture, which aid in inclusive housing. They spoke at the\u00a0Lagos Development Envison Lab (LAGDEL)\u00a0hosted by\u00a0the\u00a0Arctic Infrastructure and the Heinrich Boll Stiftung Nigeria in which young professionals in the built\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\/10\/housing.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\/10\/housing.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/housing.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/housing.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/10\/housing.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7711,"url":"https:\/\/amazingproperty.com.ng\/blog\/lagos-redesigns-ilubrin-housing-estate-scheme\/","url_meta":{"origin":7145,"position":1},"title":"Lagos redesigns Ilubrin housing estate scheme","author":"Amazing Property","date":"January 8, 2018","format":false,"excerpt":"Lagos State Governor, Mr. Akinwunmi AmbodeAfter being abandoned for close to two years, the Lagos State Government has began moves to jump-start the Ilubrin Housing Scheme, following its redesigning and investors plan to inject private capitals into the project. Conceived by the Lagos State Ministry of Housing through Lagos Home\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":"Ambode 4.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Ambode-4.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\/2018\/01\/Ambode-4.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Ambode-4.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Ambode-4.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Ambode-4.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6091,"url":"https:\/\/amazingproperty.com.ng\/blog\/group-experts-chart-path-for-low-income-housing\/","url_meta":{"origin":7145,"position":2},"title":"Group, experts chart path for low-income housing","author":"Amazing Property","date":"September 4, 2017","format":false,"excerpt":"Programme Manager of Heinrich Boell Stiftun, Mrs. Monika Umunna, stressed that housing is one of the biggest issues all over the world, which has led to middle income earners and low-income earners having a big challenge of affordable housing, it is more prominent in Lagos. Poised to address the colossal\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\/08\/Mass-housing-2.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\/08\/Mass-housing-2.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/Mass-housing-2.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/Mass-housing-2.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/Mass-housing-2.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7601,"url":"https:\/\/amazingproperty.com.ng\/blog\/lagos-plans-to-reduce-fraud-in-real-estate-sector\/","url_meta":{"origin":7145,"position":3},"title":"Lagos plans to reduce fraud in real estate sector","author":"Amazing Property","date":"December 25, 2017","format":false,"excerpt":"Faced with concerns on the activities of land grabbers, Lagos State government has pledged to bring to the barest minimum illegal and fraudulent activities in the real estate sector. 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Lagos State Commissioner Housing, Prince Gbolahan Lawal; Chairman, Mortgage Warehouse Funding Limited (MWFL), Mr. Sonnie Ayere, and Representative of Director, OFISD Central Bank of Nigeria, Mr. Adedeji Adesemoye at the Housing workshop held in Lagos On 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":"Nmrc 11 12 2017.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NMRC-11-12-2017.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\/2017\/12\/NMRC-11-12-2017.jpg?fit=640%2C360&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/NMRC-11-12-2017.jpg?fit=640%2C360&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7145","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=7145"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7145\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7146"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}