A
private developer has launch a new home-ownership drive in Cross River State Capital, Calabar that will increase the nation’s housing stock with 406
residential buildings.
The
project, which comes part of the City’s Development Plan to upgrade to
acceptable global green city codes is christened Green City Estate. It is
located in the serene part of Calabar Metropolitan City, and sits on an expanse
area of 25.123 hectares of plain and well- drained land made available by Cross
River State Government.
Under
the scheme, the developers will be providing infrastructure worth about
N400million while the entire estate would gulp N5billion. The Green City Estate
comprises four-bedroom duplex, three- bedroom luxury apartments and two-bedroom
units.
The
estate is expected to offer investors in real estate opportunities to reap huge
financial returns from minimum investments. Amongst areas up for grab include
commercial stores, event centres/ entertainment centres, and
hospitality/extended-stay facilities, workers housing scheme, student hostels
and independent rental homes.
In
a release signed by Messrs Biyi Tella, Green City Estate will be offering
residents huge basket of cozy, luxurious and healthy living. The estate,
according to him, will boast of sound infrastructure, green areas/neighborhood
parks/ guesthouses for visitors, event centre, and schools for residents’
children, auto garage and pharmacy. Other facilities will include city
security, city-wide security fence and future homes to mention but a few.
The
Project Co-ordinator, Felix Adeduro said: “The dream of creating a green city
in Nigeria materializes with the change mantra of the current administration,
which underlines the fact that majority of Nigerians have been living entirely
in fast paced and crowded localities that give them little room or opportunity
to enjoy the splendor of nature, and also deny them golden opportunity of
healthy living in hazards free environment”, said Tella, adding that investment
in plural development of The Green City promises to be highly rewarding and
time-based.
He
noted that Calabar, the metropolitan host of the Green City, “is one of the
fastest emerging cities in the World, with key landmark facilities and tourist
destinations that include Tinapa Business and Tourist Resort, the Obudu Cattle
Ranch, the first and only Cable car facility in Nigeria, the Kwa Falls, the
Agbokim Water Falls and Reserves.
Other
attractions, according to Tella, include the Margaret Ekpo International
Airport, Mary Slessor Square, Transcorp Metropolitan Hotel, The Free Trade
Zone, International Conference Centre, Calabar Sea Port, Ikom Monoliths, Cross
River National Park and Calabar Carnival, among others. All these make the
green city an attractive destination for investors.
“On
completion, the Green City will be providing about 500 employment opportunities
to skilled job seekers and over 1000 openings for unskilled workers,” he said.
http://www.housingnews.org.ng/category/blog/
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