The Nigerian real estate industry is dynamic and clearly a rapidly growing sector currently yielding significant financial benefits for discerning individual investors, developers and institutional investors on a mid to long term basis. In addition, choice of properties and caliber of professionals in the industry are fast expanding.
Propertymart Real Estate Investment limited, a leading player in Nigeria’s real estate sector, has risen to meet the aspirational lifestyle and real estate desires of Nigerians. It has taken another giant stride with the launch of Cranbel Courts Estates, comprising the Cranbel Apartment and the Terrace. Cranbel Court is situated within OPIC’s New Makun City along the Lagos-Ibadan Expressway, just about three minutes’ drive from the Youth Centre of the Redemption Camp.
With Lagos being home to nearly 20 million people and still recording an influx of over 600,000 people annually with continuous spills of people around it, this has made the location more attractive. The ongoing eight-lane expansion of the Lagos-Ibadan Expressway by the renowned road construction expert Julius Berger will give residents faster access to Ikeja and environs. This further reduces the commuting time from the estate to Ikeja. Cranbel court is scheduled for delivery in 2017, about the same proposed completion period of the road expansion.
Cranbel Court provides affordable and stylish homes for youths who desire to have their own homes and for investors who desire to take advantage of the influx of people to this axis. The estate is equipped with green area, club house, tennis court, gym and functional roads.
Propertymart’s Managing Director, Mr. Adeyinka Adesope, said: “At Propertymart, we consistently deliver iconic estates with guaranteed high yields within secured environments that will remain attractive long into the future. Cranbel Court remains the ideal location for both investment and residential purpose. Product offerings in the estate are two-bedroom Apartments and three-bedroom Terrace Duplexes. Every unit is well apportioned with en-suite bedrooms, elegantly designed living room, kitchen, and a pantry. Each terrace unit has a two-car parking space and green area.”
Adesope further explained that the company is embarking on the new affordable and value oriented project following the successes recorded in its other housing estates, noting: “We are pleased to offer modernized homes that perfectly match your lifestyle with guaranteed high yields on your investment. We remain your perfect platform for all the real estate support and services you may need.”
Giving more details on the unique offerings of Cranbel Courts, the developer stressed that the company has a track record of providing quality housing and its commitment to deliver same in the new estate.
“The amazing attractions for home owners who would buy into the estate include lush green areas, recreational area, children’s play area, uninterrupted water and power supply, easy access to malls and premium schools, quality infrastructure, centralised sewage treatment plant and perimeter security among others,” Adesope concluded.
With high consideration to buyers, Cranbel Court is presently being offered at discounted prices of ₦4.8 million on outright purchase per unit of a two-bedroom Apartment. Subscribers can pay a minimum deposit of 10% on installment price of ₦7.4 million and spread balance over 24 months. This provides early bird buyers with a minimum savings of N2.9 million on the actual price. Also available in the estate are three-bedroom duplex.
When in search of a choice of a place to call home and viable investment, Cranbel Court from the stables of Propertymart is definitely the ideal platform especially in the real estate industry.
Besides Cranbel Courts, Propertymart has also developed estates such as Citiview Estate, Arepo, Lokogoma and pockets of estates in Magodo, Lagos.