Fara Real Estate Holds Site Inspection and Land Allocation At Elegant City April 11 | Prestige Real Estate News
Fara Real Estate Limited, a renowned Nigerian real estate investment and development company, has stated that it will host the much-anticipated general site inspection and land allocation for April 11.
The event, to be held at Elegant City in Ibefun, Ogun state, aims to bring together investors, business partners, and stakeholders to witness the allocation of plots to all paid clients and subscribers.
It represents a significant milestone in the company’s commitment to fast track development by providing clients with a smooth, transparent and seamless land ownership process.
Mr. Omayebu Abdullahi Umar, the CEO of Fara Real Estate Ltd, said land allocation remains one of the most pressing challenges in Nigeria’s real estate sector, with many buyers paying for plots but waiting for years without being allocated.
“Land allocation is a big issue in Nigeria’s real estate sector because many people buy and never get allocated. At Fara Real Estate Ltd, we have distinguished ourselves by allocating to our clients 7 days after the full payment is confirmed.” Umar stated.
The distinguishing factor that sets Fara Real Estate Ltd apart from other real estate firms is that the company has since inception allocated land to over 90% of its customers, who are now poised to commence building on their plots.
Umar believes that this gesture of transparency and commitment to fulfilling promises stands in contrast to the prevalent issues faced by customers of some self-proclaimed real estate companies, where funds are collected without a subsequent allocation of land.
“Our vision is to attain the peak in offering real estate services in the country and make Nigerians proud home owners. We take our clients as our partners, and we strive to be transparent in all service dealing with them” Umar added.
Elegant City is one of the firm’s strategic projects due to the various developments taking place around Ibefun, such as the Ibefun International College, Lagos State Food and Logistics Hub, Petrolex mega city oil, Ibefun Heath Centre, CT Manufacturing Company, Lekki Epe International airport, Dry Seaport, among others.
The estate will feature essential infrastructure and facilities including perimeter fencing, drainage system, gate house, accessible road network, street light, and 24 hours power supply
Fara Real Estate Limited is a real estate company focused on building trust, delivering high-quality, value-driven projects, offering excellence and flexible payment structures for customers.
