Business
Afribank Unveils Estate In Lagos
In order to keep with its success story in delivering exquisite housing in serene environment, Afribank Estate Company Limited, has unveiled its latest offering, the Eldorado Villas in Magodo GRA in Lagos, during a ceremony last week.
The Managing Director, Engr Charles Njoku, during the “house cooling,” aimed at showcasing the professionalism and excellence engaged in producing the estate, said the track record of delivering sound and dependable housing in various parts of the country.
According to him, the company is coming from a rich heritage of performance even as it is adjudged one of the most professionally managed companies at a time. Said he, “Afribank Estate Company Limited, West African’s Best professionally managed real estate company of the year (2005), is a major player in the real estate subsector of the Nigerian economy. Incorporated in 1963, the company commenced operation under the name Afribank Estate Company Limited in June 1990 as a subsidiary of Afribank Nigeria Plc”.
The company, he said has a vision to meet the housing needs of a discerning market segment which places so much emphasis on quality. Eldorado villas he stressed is a firm signature of what the company represents in terms of quality.
Eldorado villas, Magodo is residential development of about 300sq metre built up floor area. It is a tastefully designed home that offers a great deal of luxury and is designed to provide absolute comfort. Eldorado comprise of 4 Nos. 5 bedroom detached houses with 2 maids rooms. Each room is en-suite, while each unit is designed to luxurious finishes with top quality materials and excellent work manship.
This “House cooling” event is so essential in order for us to unfold our plans regarding the Eldorado villas and others, to a select critical group of pressmen and principal stakeholders.
He noted that the vision of the company is to continue to alleviate the real estate burden of Nigerians by providing quality properties/ real estate services that are second to none in the country.
That vision he said, “Spurred us to bring to fruition so many projects, namely New Dawn Estate located at Magboro Lagos-Ibadan Expressway by Mountain of Fire and Miracles), Afribank Pearl Estate located at llupeju, Liberty Estate Ajah, Iriebe Garden City, a llz-home master planned residential community strategically located within Port Harcourt, Fair Trade Business Complex, an ultra modern shopping complex located between Kigoma and Harper crescent, Wuse Zone 7, Abuja among others,” he said.
Speaking further on the offering, the chairman of the company, Engr A.A. Oyekan, highlighted that Eldorado was not just another property on the Mainland, it is a huge brand, such a one that is going to be replicated in and outside of Lagos.
Specifically, he said “El’dorado in its true sense and meaning when you look at the features and facilities, there in namely:5 bedrooms Allien suite, 2 self- contained maid rooms, Jacuzzi and steam showers, top quality sanitary wares, cable TV, exotic landscaping, electric fence, standby sound proof generator, borehole and storage facilities ample parking space”.
He said the company has successful undergone a strategic re-engineering, and greatly re-invigorated with a new found spirit and positioning to deliver real estate products with high class and wonderful finesse.
Guest of honour at the event and Lagos State Commissioner for Housing, Mr Dele Onabokun, while commending the efforts of the developer, promised that the state government would continue to make life meaningful for Lagosians by providing critical infrastructure which has been in short supply.
He also expressed commitment to partner with various stakeholders to ensure that development issues are adequately tackled.
“For us in Lagos State, our focus and objectives have been to make a model city with a high quality of life for the citizenry through adequate provision of shelter, which is a basic human need, and to provide good quality and affordable homes for the teaming population of Lagos State. It is our promise and we cannot deviate from that. And that is why we have shown our partnership and support for companies, by way of infrastructural development such as: access roads to the estates, electrification and other amenities to such locations now, but I assure you the government has it on its agenda”, he said.
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