Landshop Limited, a real estate consulting and property development company, which recently made its entrance into the property market in Nigeria, is working on bridging the country’s housing deficit by offering land and homes at affordable prices with options for instalment payments.
Speaking to journalists at a press conference in Lagos, David Omaghomi, CEO, Landshop said, “Our mission is to reduce the housing deficit in Nigeria, one home at a time, through the provision of genuine, cost-effective, greenfield real estate products in both shared and wholesome units, to carter for all levels of the population and ensure people can invest early and reap immense values from the appreciation value of lands or rental income from houses.”
He said the company has affordable options in various places, including areas on the Lagos Island such as Lekki, Chevron, and Epe, among others, as well as some areas in the Mainland including Ayobo, Mowe.
He further said the company has affordable options in some states across the country.
Speaking on the company’s available options for home and land ownership, he said the process of land and property ownership has been updated to ensure a speedy and legitimate method that is attractive to prospective land owners at an affordable rate.
real Omaghomi further said there are various options available which includes ‘Grow Your Land’, ‘Grow Your Home’, ‘Grow Your Community’ and the newly introduced ‘LandAjo System’ where properties can be owned in clusters at a rate as low as N100.
Speakingon LandAjo, he said, “It is a new and convenient way for aspiring home owners to secure land as it enables people to pull their resources together in clusters for an easy purchase of land, which can be developed after acquiring 300 square meters or more. He added that the scheme is also open to gainfully employed people where those within the same social network can pool resources together to purchase land for the purpose of either commercial or residential development.
Samuel Rotimi Onalaru, brand director, LandShop, said the available scheme used by the company is enabled by block chain technology which allows Nigerians the opportunity to own real estate investment with ease. He said as a part of its package, Landshop offers acquisition and ownership of properties within and outside Lagos with options of either securing land at convenience for personal goals like building a house or business, collaborate with friends and family to build an expansive land portfolio, earn rental income from as low as 1SQM while buyers enjoy land appreciation over time.
