As part of its corporate mandate and response to market realities, RevolutionPlus Property Investment, a real estate firm, says it is rethinking product offerings with an eye on low-cost housing that will include the development of bungalows.
This move, it explained to journalists in Lagos recently, was in fulfilling of its mandate of helping more Nigerians who never thought they would own homes, adding that its plan was to build low-cost houses that would comprise 2-bedroom and 3-bedrooms.
Part of the plan, according to the company which marked its 9th year of opening for business, was to sell affordable land with good payment plans which, it hoped, would assist in bridging the housing deficit.
“The aim of the current thinking and the project proper is to deliver houses that suit the needs of the average income earners and reduce the housing deficit in the country,” Aderonke Idowu, an official of the company, revealed.
“As the company clocks 10 years next week, we plan to unveil the new phase of RevolutionPlus Property. In celebration of one decade in the real estate sector, we plan to build low-cost houses consisting of 2-bedroom and 3-bedrooms.
This is in fulfilling our mandate of helping Nigerians who never thought they will own a home. We plan to sell affordable land with good payment plans to assist in bridging the housing deficit in Nigeria,” Idowu added.
According to her, affordable housing still remained the company’s mantra, assuring that RevolutionPlus would keep striving to outdo the past and keep navigating the enormous challenges associated with delivering affordable housing in Nigeria.
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“We pride ourselves as one of the foremost real estate companies that have made land and home ownership accessible to ordinary Nigerians as a private organization; RevolutionPlus is not just providing housing for Nigerians, we have a CSR arm called Chris Bamidele Onalaja Foundation (CBOF) which has been uplifting widows, children, youths and vulnerable members of our society,” Idowu said.
On her part, Tolutope Bamidele, group executive director of Revolution Plus, said the company over the years has remained committed to providing affordable housing despite the challenges in the sector.
“We have over 44 estates across Nigeria and eight mega housing projects. All these estates are situated in various locations in Nigeria including Lekki, Ajah, Epe, Ibeju-Lekki, Ikorodu, Shimawa, Mowe Abeokuta, Ibadan, Port Harcourt and FCT Abuja. We have allocated 11,102 plots of land, meaning that RevolutionPlus has made over 11,000 Nigerians landlords and still counting.
“Though affordable housing is tough and challenging, RevolutionPlus has been able to provide land for people to buy at affordable prices and also provide affordable low-cost houses accessible to Nigerians in Diaspora. By God’s grace, when RevolutionPlus will be 10 to 15 years, we will deliver 20,000 affordable houses to Nigerians,” she said.
According to Onalaja, the company has six branches in Nigeria with offices situated in Ikeja, Lekki, Abuja, Ibadan, Abeokuta, Port Harcourt and an international office in Dallas Texas, USA.
