By Caleb Ayansina
MINISTER of Federal Capital Territory, Mallam Muhammad Bello, has promised to ensure strict adherence to laid down guidelines in mass housing programme in the Federal Capital Territory FCT, even as he lauded developers of Court Estate, Abuja, Crown Realties, for embarking on a housing scheme that will enable FCT residents to rent and eventually own their apartments 15 years after occupying the apartments.
Bello, who was speaking at the unveiling of the Court Estate in Durumi, Abuja, said the population of FCT had been growing at a rate of 20 per cent annually, adding that the project was in line with the mandate of the present administration to provide affordable houses for the residents.
The estate comprising 81 units of single family residential apartments with boys quarters, was built in two phases.
Represented by Engr. Umar Gambo, the Minister noted that efforts are ongoing to ensure that such infractions do not occur in the future by ensuring strict adherence to laid down guidelines.
Lamenting a situation where estates are developed but remained unoccupied as a result of the high cost, Bello noted that Crown Realties ‘lease to own’ initiative would enhance housing ownership.
His words: “Let me say that the FCT Administration sees this project as a gesture of good will and a demonstration of confidence in the present administration which is working round the clock to not only address the housing deficit in the country but also attract foreign direct investment into the sector.
“I am particularly happy to see that the whole estate was conceived with the lower income earners in mind, with an innovative programme called Lease-To-Own, which I was told would allow your clients to own a house by leasing or renting the property over a 15 year period.
“This is a good idea which I must say is highly commendable and it is also in tune with the vision of the FCT administration.”
In his remark, the Chief Executive, Crown Realties Plc, Mr. Darl Uzu described the estate as a place to live a good life, pointing out that aside from the modern facilities and technology driven security system used in the construction of the estate, the residential estate is built with a golf court and runs on 24-hour power system.