Finance

September 17, 2012

Lagos set to deliver 3 estates

By YINKA KOLAWOLE

Lagos State Government is set to deliver three new housing projects, in line with its aim of providing decent accommodation for residents of the state.

Commissioner for Housing, Mr. Bosun Jeje, said the new projects comprising a block of luxury flats at Parkview Ikoyi; Massionatte duplex at Ikeja and Gbagada Housing Schemes will be handed over to subscribers as soon as they are completed. He who disclosed this during an inspection tour of the projects, expressed delight that the Ikeja and Gbagada projects were being completed on time after the delay occasioned by structural remodel in line with modern architectural design.

According to him, Governor Babatunde Fashola desires to commission the estates and hand over the keys to their owners in the shortest possible time. He assured that the lessons learnt during the implementation of the projects have become useful in the execution of the new housing projects.

He said that government is poised to fulfill its promise on the provision of decent housing and creating enabling environment for the private sector to participate in providing housing which he opined has tremendous impact on the economy.

Jeje noted that the massive house construction embarked upon by the state government creates job opportunities for both professionals and artisans while dealers in building materials are also benefiting from the massive purchase which the mass construction brings about.

He added that apart from the multiplier effect of the provision of houses on the economy and the people, the regulation of transactions in the real estate sector of the state would have direct positive impact on all concerned.

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