By John Alechenu
The Managing Director and Chief Executive Officer of Abuja-based estate development firm, T Pumpy Concept Limited, Akintayo Adaralegbe, has said that private investment holds the key to helping the government address Nigeria’s growing housing deficit.
Adaralegbe explained that with the country’s rapidly increasing population, the demand for affordable housing has outpaced what government alone can provide. He emphasized that, with the right policy support, the private sector can play a vital role in bridging the housing gap.
He made the remarks while unveiling his company’s Mega City Project, which he described as a lucrative investment opportunity for Nigerians seeking to invest in a prime location with strong future growth potential.
“Our company understands the challenges many Nigerians face in acquiring homes, especially in the current economic climate,” he said. “That’s why we’ve designed flexible investment packages to cater to a wide range of income levels.”
Adaralegbe highlighted that one of the biggest advantages of the Mega City Project is its Certificate of Occupancy (C of O), fully approved by the Federal Capital Development Authority (FCDA). He assured potential investors that all ground rents have been paid, ensuring secure and hassle-free transactions.
The pre-launch sales promo, which began on March 31st, is scheduled to run until April 17th, targeting aspiring homeowners and investors alike.
“Location is everything in real estate, and the T Pumpy Mega City offers one of the best,” Adaralegbe said. “It’s strategically situated in the fast-developing Apo-Gude area of Abuja, close to major government institutions, business districts, and residential neighborhoods.”
He noted that as the area continues to develop, it presents excellent prospects for both residential and commercial projects. The initiative, he said, is part of a broader vision to make homeownership accessible to more Nigerians.
“With affordable pricing and flexible payment plans, both high and low-income earners have a chance to invest in this valuable land,” he added. “We’ve made it easier for buyers to spread their payments over time, making the dream of owning a property in Abuja more achievable than ever.”
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