PLANS to commence construction works on the proposed Badagry’s Hannah Garden, a 260 housing units estate, are on the top gear, as the developer last week revealed that the project would kick-start by the end of March 2013.
The Hannah’s Garden Estate is planned for Ganyingbo area of Badagry, Lagos State.
The proposed mass housing project, to be executed by Messrs Xpress Property Services Ventures Limited (XPSVL), in collaboration with the Lagos State Ministry of Housing under a Private Public Partnership (PPP) initiative, is to produce 260 “affordable housing units’ for the populace.
The project, which its Memorandum of Understanding (MoU), was signed by the two parties last year is expected to complete between 12-24 months. Hannah’s Garden will come in 2 and 3 bedrooms, consisting of 18 blocks of flats sitting on over five hectares of land opposite the Badagry Beach in Ganyingbo, Badagry, Lagos state. Each of the unit has a price tag of between N9 million and N10 million respectively.
Speaking on the private sector driven project, Managing Director of the firm, Mr. Segun Alli, said, “It takes the land resources of Lagos State and mixes it with the expertise of qualified property developers with local financial capabilities to achieve affordable mass housing.”
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The project, when completed, is to be equipped with modern facilities and amenities such designated play area for children, sport and medical centers, intercom and internet facilities, while the garden would be provided with fence and gates at the strategic locations to ensure a well secured environment.
Badagry’s Hannah Garden would be provided with power and water supply, including tarred road networks. He said, “The desire to partner with a focused and purposeful government like that of Lagos State endeared me to get involved in this laudable effort to make available the much needed mass housing to our people”, adding that this has also created a platform to enable him deliver on his expertise and to be part of this much awaited housing reform.
The Commissioner for Housing in Lagos, Mr. Bosun Jeje, while expressing government’s satisfaction on the response of private investors to its housing policy, noted that genuine developers have nothing to fear “as government would do everything possible to assist them realize their goals.
“We share a vision of provision of affordable housing to the teeming Lagos residents. As such, every genuine investors and developers should count on our support, that with sincerity of purpose and transparency, this goal would be collectively achieved.”
