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New residential estates spring up in Ibeju-Lekki axis

By Bertram Nwannekanma
15 October 2018   |   1:46 am
Two residential schemes - Hopewell Park Estate and Earls Court on the Lekki-Epe corridor have swelled the ranks of private developments in Lagos.Earls Court is easily accessible as it is located in the heart of Ibeju-Lekki.

Two residential schemes – Hopewell Park Estate and Earls Court on the Lekki-Epe corridor have swelled the ranks of private developments in Lagos.Earls Court is easily accessible as it is located in the heart of Ibeju-Lekki. The estate has proximity to major developments within the Ibeju Lekki Area. It is about five minutes’ drive to the 4th Quadrant of the Lekki Free Zone and the newly proposed International Airport. The Ajah metropolitan is about 45 minutes away from the estate.

According to the Managing Director of Novarick Homes, Mr. Noah Ibrahim, “the real estate company is dedicated to building greener communities all around Africa and Novarick Homes is offering millennials the opportunity to live in the future by investing in the first renewable energy powered estate in Lagos.Earls Court currently sells between N1.25 million and 2.5 million naira with payment plans that can be spread through a period of three to 12 months respectively.

Similarly, Silver Pacific Homes, a real estate investment company which is a division of Silver Pacific Technologies Limited has added Hopewell Park Estate to its pool of budget-friendly real estate investment.Hopewell Park estate is an innovative scheme developed by Silver Pacific Homes, for the single and upwardly mobile, first time home buyers, couples, second home seekers, smart property investors and retirees looking for quality developments and attractive returns on their investments through rental yield and capital growth.

The estate comes with an verifiable Government Approved Excision and will feature a smart city with state of the art facilities such as security, perimeter fencing, portable water, sports centre, health care facility and many more.The Chief Executive Officer, Silver Pacific Homes, Samuel Ikoje explained that the firm, has initiated a 10-month installment mortgage plan to make ownership to the project easy, convenient and accessible to buyers.

According to him, the site layout has been designed to maximise space while making adequate allocation for planned estate facilities.Beyond the issue of access and affordability, Silver Pacific Homes is also pushing safety, high level security and style as advantages of the Hopewell Park Estate offer.

Early buyers will be at an advantage as lands in the estate is expected to appreciate more than their present value as infrastructure developments in the area come to fruition.Hopewell Park estate currently sells between N 2.5 million and N1.45 million.