Firm targets 10,000 affordable housing units
Firm targets 10,000 affordable housing units
Firm targets 10,000 affordable housing units
An indigenous real estate firm, Aimart Realtors  has said it is targeting a total of 10,000 housing units across the country to bridge the country’s housing deficit.

The subsidiary of Aimart International Nigeria Limited, while launching its novel project tagged ‘Affordable Homes Scheme’ on Friday in Lagos, projected that by the end of 2020, Nigeria would have a housing deficit of 20 million.

The company noted that it was necessary that the country curbed the growth, adding that the number of housing units needed in the country annually was 1.2million.

According to the firm, the affordable homes scheme was part of its effort to complement both the federal and state government’s various housing schemes towards providing more homes.

The Chief Operating Officer, Aimart,Omogbolahan Babawale, said, “We are targeting a total housing unit of about 10,000 units across the country starting with three locations (Ibeju-Lekki, Agbara and Badagry) within a 10- year period.

“We also intend as a matter of value addition and corporate social responsibility, to further discount a number of units to ensure that we give more persons the opportunity to benefit from this scheme.”

He added that the company also intended to create about 10,000 to 13,000 jobs, both directly and indirectly over the 10-year period, through the project.

Aimart Realtors’ Managing Director, Bukola Iluyomade, emphasised that the vision was beyond profit-making but contributing towards economic recovery by making home-ownership more realistic and accessible.

She stated that this was further made possible by the use of locally-made prefabricated and reinforced materials, bringing down the cost of materials, cost of labour as well as the time for construction.

Iluyomade also noted that the company had partnered with the Lagos Building Investment Company Plc and the Federal Mortgage Bank for citizens to have access to the scheme through proper mortgage financing.

The State Commissioner for Housing, Moruf Akinderu-Fatai, represented by the State Director of Estate, Olayinka Patunola-Ajayi, commended the company for the housing scheme, adding that initiatives like this was needed to fix the housing deficit.

He noted that budgetary allocations were not enough for the state government to take care of the deficit by itself as the state also had other sectors calling for attention.

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