Developer Introduces Two Projects to Tackle Housing Deficit

• Developer Introduces Two Projects to Tackle Housing Deficit

Real estate firm, Dayola Property and Development Company, has introduced two projects, which are aimed at reducing the country’s housing deficit.

The projects, known as Beaufort Park and Heirs Park Residences, Phase 2, according to the firm, are both serviced and located in the Lekki area of Lagos, where many real estate investors are currently moving to.

The Managing Director of the firm, Mr Dayo Olaiya, at the unveiling of the estates to investors, stated that the Beaufort Park was conceived as a concept to develop premium affordable houses while the Heirs Park Residences, Phase 2, was coming on the heels of a highly acclaimed Phase 1.

He said, “Located just behind Novare Lekki Mall alongside fully developed estates, Beaufort Park is a 24-unit premium affordable housing development of homes built for discerning investors and prospective homeowners who desire to acquire and enjoy living in this emerging and fast-developing area of Lagos.

“The homes come as advanced shell in lavish three-bedroom apartments with boys’ quarters that are expected to be finished to taste by would-be buyers and is covered by global Certificate of Occupancy.”

He said the housing projects which would go through relevant consultants right from commencement stage to completion, had met the required standards, adding that they were equipped with modern facilities such as lawn tennis court, swimming pool, two car park spaces per housing unit, water treatment plant, and children’s playground area.

He said the firm had an introductory price for the estates to woo interested investors with flexible payment plans.

“Investors can take advantage of the introductory price which lasts till September to invest in the project. Real estate is an imperishable asset, increasing in value. If not bought for residential purpose, also buying rental property is a significant commitment and a great long-term investment with medium risks and reasonable increase in value,” he said.