Increasingly, UACN Property Development Company (UPDC) plc has continued to demonstrate leadership in the Nigerian property market with estate developments that excite the market and add value to the lives of their buyers.
Early this year, the company commissioned its 18-unit luxury townhouses at Ikeja GRA; following it up with a ground-breaking for the construction of its N5 billion Festival Mall in Festac Town, and just last weekend, delivered its 55-unit Metro Gardens estimated to have cost N5 billion to build.
UPDC’s leadership in the Nigerian market is not much for its financial muscle which is, indeed, intimidating, as it is in its consistency and dependability in terms of delivering on time and budget.
Larry Ettah, UAC group managing director/UPDC’s chairman, said at the commissioning of Metro Gardens that when they acquired the estate in 2011 from its former developer, work had stopped for several months at the estate, then known as Disney Court.
“In line with our mission of adding value to lives and businesses, we took over the project, re-evaluated it and finally completed it in May 2013, just 18 months after construction re-started on the estate,” he said.
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An elated Ettah also announced that the Lagos State Building Control Agency (LSBCA) had duly certified the estate habitable as evidenced by the Certificate of Fitness for Habitation issued by the agency to UPDC a few weeks ago, noting that their company was the first recipient of the certificate under the new dispensation.
“Our promise at UPDC is that we will continue to complement the mega-city strategy of Lagos State government by embarking on real estate projects that conform to international standards; that is aesthetically appealing and offer delightful living experiences to residents,” he said.
He added that they would continue to “build for sustainable value” by ensuring that their designs comply with the basic tenets of sustainability, environmental friendliness and corporate social responsibility.
In his remarks at the commissioning performed by Obafemi Hamzat, Lagos State Commissioner for Works and infrastructure, Hakkem Oguniran, UPDC’s managing director, said the estate, which sits on 1.827 hectares of land, comprised different house types.
According to him, there are 18 units of four-bedroom Terrace Houses; 16 units of three-bedroom Terrace Houses; three units of five-bedroom detached houses; six units of four-bedroom detached houses; eight units of pent flats; two units of two-bedroom apartments, and two units of studio apartments.
Facilities in the estate include a swimming pool, gymnasium, clubhouse, internal road network, external CCTV, intercom service, fire alarm system and smoke detectors, Dstv, etc.
The estate also parades potable water and a water treatment plant with a water store comprising a ground tank of 54,000 litres, a raw water tank of 25,000 litres, an elevated tank of 96,000 litres, a tank above the plant house of 144,000 litres, and an automated water treatment plant of 10,000 litres per hour.
Other facilities include electricity services; transformers and a sewage treatment plant with an average daily influent flow of four cubic metres per hour and an organic load of 3120gBOD per day.
