Firm Nominates Banks To Provide Mortgage

The Lead Consultant
of the Rainbow World Project, Mr. Bode Adedyi, has disclosed that four banks are to provide mortgage to would be subscribers of the housing project.
The Lead Consultant made this known to newsmen in Port Harcourt, stressing that Rainbow World project has joined its peers in offering mortgage loans to prospective buyers for the purchase of the facilities.
Adedyi said the project which consists of 1,181 tastefully designed residential units creatively distributed as terraces, detached homes and 25 high-rise condmnium towers, stressing that the first phase is scheduled for completion in the third quarter of 2015.
He said the four banks nominated include, First bank of Nigeria Plc, and Diamond bank are to provide Mortgage to would be subscribers agents as Knight Frank, Pat Onukwuli and company, Homes and Homes are to provide real estate solutions.
Adedyi said the project is largely a private entity enterprise project with some participation of Rivers State Government by way of Land provision while the project was funded by First Bank of Nigeria Plc.
He said the board and Management Team are composed of most outstanding and successful Nigerians stressing that the Rainbow Town Development Limited Management offers impeccable Leadership to drive the project.
He said the overall objective of the exceptional development was to create an environment where the upper-class can live, work and play.
Adedyi the Lead Consultant of the project, is also the Management Consultant, Bode Adedyi Partnership (BAP) an Estate Consulting firm said he expects the public to key into the project through expression of interest and actual commitment on purchase.
However, Rainbow Town is located within a strategical position of proximity to the Trans Amadi business industrial corridor, sited on 23, 24 hectares of land and features residential, Commercial, recreational and educational property development of various types, designs and sizes.

Philip Okparaji