A firm, Michandra Limited has launched the first technologically driven real estate collaboration platform for buyers with low budgets, Peer2Own, to the global market in Lagos.

According to the firm, Peer2Own is a revolutionary and technologically driven real-estate development platform that makes it easy for people with low budgets to find and collaborate with other people like them to buy land and build properties of their own. It is the first platform of its kind, and it is changing the way that people buy land and build properties.

The firm further explained that Peer2Own’s platform is based on the principle of matching and collaboration. “It enables users to connect with other users who share their real estate goals, to buy land and build any type of property in any location they wish to reside in,

“With the high cost of living, the desire to collaborate with peers is a growing trend in the real estate industry, and it has the potential to revolutionise the way properties are developed. By working together, individuals can put together their resources to achieve their real estate goals, even if they don’t have all the financial resources or experience to do so on their own.

“Collaboration in purchasing and developing real estate is particularly important in developing countries like Nigeria and the rest of Africa, where there is a significant housing deficit due to affordability. By working together, individuals can put together their resources to buy land and build affordable housing for themselves.

“This collaborative approach developed by Peer2Own has a number of benefits, which includes:  Affordability: Collaboration can make real estate development more affordable for individuals who may not have the financial resources to buy land or build a property on their own. By working together, individuals can share the costs of land acquisition, construction, and other expenses.

“Speed: Collaboration can also help to accelerate the pace of real estate development. When individuals work together, they can put together their resources and experience to complete projects quickly.

“Quality: Collaboration can also lead to higher-quality real estate development. When individuals work together, they can afford best in class real estate professionals vetted by Peer2Own like lawyers, architects, builders, etc to build properties that are functional, sustainable, livable, and even luxurious.

“Peer2Own also offers huge benefits to real estate agents such as helping them sell their land faster by ensuring they are the only seller of a particular piece of land thereby giving them peace of mind, faster sales and more money. They also offer them the rare opportunity of being closer to qualified buyers, which keeps them ahead.”

Speaking at the launch, the Chief Executive Officer (CEO), Ifeoma Nwahiri,a lawyer, said that “by deploying our functional and interactive app, web platform: www.peer2own.com and cross-platform socials @peer2own, it is easy for people to sign up from anywhere in the world and get access to all the innovative services which Peer2Own offers.”