By Kingsley Adegboye
The clamour for affordable housing against the backdrop of about 21 million housing units deficit in the country has been boosted with the entering of a new mid-market residential housing estate known as TM Gardens into Nigerian real estate market.
The project which is currently in the construction stage, is being developed and promoted by Tetramanor Limited, a Lagos-based emerging real estate developer with focus on the Lagos Mainland and its environs. Strategically located midway between Lagos mainland and Island at Costain-Iponri axis of Surulere, behind Leadway Assurance Plc within Olaleye New Town vicinity, the TM Gardens is planned for delivery within the first quarter of 2017.
According to Tetramanor Limited Business Development Manager, Mr. John Beecroft, construction of the estate which commenced in March 2016 and to be delivered by March 2017, provides quick access to attractions, basic facilities and amenities. “The development features a mix of condominiums (4 units), town houses (8 units) and maisonettes/penthouses (2 units). Attaching paramount importance to creative aesthetic designs, the functionality of the spaces was not sacrificed, and can further be customized in line with home owners’ tastes.
Each of the condominiums has three bedrooms, while the town houses come with four bedrooms and a maid’s rooms. The show piece of the development however is the maisonettes/penthouses which have a luxurious master bedroom, a study and a private garden located in the penthouse with beautiful view of the area.
“All bedrooms in the development are ensuite, while the master bedrooms have walk-in closets. In addition, the kitchens were designed to be very spacious so as to accommodate kitchen islands, and a central garden provides room for community. Months of planning went into the project, including a survey to ensure that the needs of the target market were well met. So far, we have invested over three months and other resources in raising the ground level above that of the road, so that the development would not be affected by floods and the likes.
More importantly, integrity of the buildings is not something we can sacrifice for profit. As such, the buildings are being extensively piled, with over a100 piles sunk already at enormous cost. This would however ensure the buildings stand strong come what may”, Beecroft said.