Business

December 15, 2014

CBC to deliver N10bn worth of housing unit in WIBP

CBC to deliver N10bn worth of housing unit in WIBP

By PROVIDENCE OBUH

Centre Base Consult (CBC) Limited has unveiled plans to deliver a N10 billion worth of housing units in the residential area of the Warri Industrial Business Park (WIBP) known as “Park Garden”.

The project proposes about 400 units of houses on six hectares of land space incorporating different types of structures with adequate touch of luxury, comfort and style.

CBC is a property development company set up with the aim of providing quality and efficient support services within the building and civil engineering industry which is basically general contracting, sourcing and supply of component materials.

Speaking at a one day Inaugural Customer Forum organised by CBC with the theme: “Seasoned & Stylish” in Lagos, Managing Director, CBC, Mr. Sesan Obe, said that the project would be delivered in phases of 100 units each, adding that the first phase will commence by January 2015 and that the average rate for each unit will cost about N2.5 billion.

According to Obe, “It is a joint venture project. WIBP is trying to stimulate the Warri economy in such a way as to provide infrastructure in the park, while we are coming to take part in the building aspect of the park. N10 billion is for the entire project and an average unit of each phase is about N2.5 billion.

“In the building we have terrace apartment, detached and semi detached apartments and blocks of flat with different price range.”

On affordability, he said that the houses are of different types and that the choice will determine the cost.