Firm advocates flexible policy for home acquisition
The Chairman, Zylus Group International, a property comperty, Dr. Oluwatosin Olatujoye, has canvassed flexible payment policy in addressing housing deficit and ensuring affordable housing in the country.
Olatujoye said this recently during a briefing to flag off a new housing estate scheme in Lagos. The project is developed by the firm’s subsidiary, Zylus Homes and Property Ltd. He said the solution to the housing deficit is not about placing emphasis on low-cost building but about providing quality houses that are within the purchasing power of the average Nigerians.
He said: “With the incessant rising cost of goods and service across the country, nothing is ‘affordable’ anymore. We have to be realistic that affordable housing is near impossible to achieve because nothing is affordable as we all know; hence our focus is on devising flexible payment schemes or plans that makes it easy for aspiring homeowners to acquire homes.”
Olatujoye said that the new housing schemes is located in the Lekki axis, where the value of land is at a premium. Therefore, affordability is made easier and possible through a well thought out flexible payment schemes.
The Managing Director, Zylus Homes, Mr. Lateef Lawal, said that the payment schemes for its projects are flexible with different tenures, ranging from six to 24 months with a fix initial down payment.
Lawal highlighted the various features and value propositions of the Lekki Pride two which he said include, proximity to the beach front, perimeter fencing, a daycare/creche, outdoor sports facilities, drainage system, Closed Circuit Television, surveillance Camera, Estate Gym House, recreational centre, round the clock security, Smart home features, solar-powered streetlights, accessible road network, pharmaceutical Store, spacious parking area, and all rooms en-suite.