A real estate firm, Messrs Tetramanor Limited, has broken grounds on its 30-floor skyscraping structure at Eko-Atlantic City in the Victoria Island area of Lagos State.

The residential project, TM HighGardens, will contain 82-unit apartments of one to three bedrooms, 4 bedroom maisonette and penthouse accommodation.

The high-rise building is also expected to boast of high speed elevators, office space, security, CCTV/backup power transformer, bar and lounge, gym/salon, super fast Fibre optics connectivity, elevated pool and garden/playground.

Speaking at the sod-turning ceremony, the Chief Executive Officer, Tetramanor Ltd, Mr. Femi Beecroft, said the project would help to reduce the housing deficit in Lagos State.

Beecroft added that the projects, which would be completed in 42 months, would offer premium luxury at affordable prices.

He further stated that when completed, TM HighGardens, which would be constructed by a team of highly skilled professionals, was going to a new dimension to the Lagos skyline.

He said, “For us, marketing to people who can afford it is another challenge. Working with Nigerian construction expertise was discovered to be a little bit expensive but we are making sure that our local teams are fully embedded in the project so that they can learn and participate actively in our next project. The capital requirements and expenses are much and there are regulations to strictly comply with. The challenge of building on reclaimed land has, however, been solved by authorities of the city.