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NIGERIA HOUSING DEFICIT

NIGERIA HOUSING DEFICIT

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Demand for affordable housing in Nigeria is large and growing in the face of a sizable deficit and there is a lack of existing interventions to support closing this gap. The housing deficit has been estimated at up to 17 to 20 million, and is growing at about 20 percent a year. Estimates of output from government and the formal housing sector range from no more than 100,000 units per year to an optimistic 200,000 units per year, which covers only a fraction of the at least 700,000 units required per year to keep up with growing population and urban migration. Further, most new housing production caters to upper income households, leaving an acute housing shortage for middle and lower income households. The greatest need for affordable housing is lower income households in urban areas. Almost 50% of the Nigerian population lives in cities and about 80% of this urban population lives in substandard conditions.

Private investment will be critical to transforming the affordable housing sector in Nigeria. The government has not shown adequate willingness in closing the monumental deficit of affordable housing. Property developers cite the need for public support to address the demand and supply market failures before private capital will come in. Demonstrating a successful (and profitable) model to the private sector will be critical to unlock private investment. One of the few developers that have shown concern and clear outline for the low income earners to access affordable houses is Merit Abode Nigeria Limited.
Shelter is a basic necessity of life, Merit Abode Nigeria Limited have developed payment plans help as many as possible solve that need. Paying for a property has been made to be as flexible as possible. You can start a property acquisition with as low as ₦20, 000. If you stay around Lagos or wish to get a property around Lagos you might want to take a look at Emerald Garden City developed by Merit Abode Nigeria Limited.

 

WELCOME TO EMERALD GARDEN CITY
Developer: Merit Abode Nigeria Limited

WHAT EMERALD GARDEN CITY LOOKS LIKE

This mega, ultra-modern estate is located at Simawa, close to RCCG new and old auditoriums, Lagos-Ibadan express way. Be assured to see good road network, perimeter fencing, 24/7 security, gated estate, serene and natural environment, great water supply system, steady electricity supply, beautiful landscaping, smart estate, recreational facilities, perfect layouts, ready to build and live plots, global c of o, document /infrastructure fee included in land price, best/affordable prices, good destination for expatriates and investors, and you get instant allocation of plot immediately after installed payment. With over 300 hundred houses and 200 families already occupying the estate you will sure enjoy the ambience.

 

GALLERY OF SOME HOUSES IN THE ESTATE.

 

HOW TO OWN A PROPERTY IN ANY OF OUR EMERALD GARDEN CITY ESTATES

Below you will see the various plans and prices to get the affordable houses and plots in estates.

 

ABOUT MERIT ABODE NIGERIA LIMITED

Merit Abode Nigeria Limited is a real estate company registered with the Corporate Affairs Commission, 2012. The passion to making a positive difference in property and house acquisition within the real estate industry is the goal. With a team of passionate professionals they have built projects of all sizes, which include estate development, building constructions, renovation and facility management.

Address: 1B, Alfred Olaiya Street, Awuse Estate, Opebi – Ikeja, Lagos State.
Email: info@meritabode.com
Website: www.meritabode.com
Contact: 08169610494, 08173447111

 

TAKE ADVANTAGE OF THESE OFFERS

United kingdom are  you ready!

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Call: +2348171675130

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