At the just concluded City People Real Estate Awards held in Lagos, a leading real estate company, CMB Building Maintenance & Investment Co. Ltd was honoured.
Established in 2002 by one of the most brilliant guys in real estate, Kelechukwu Mbagwu, it commenced operations in March 2003. It is one of Nigeria’s pioneering Real Estate and Property Development Company in the field of providing Affordable Housing, with flexible payment options.
CMB has 18 projects completed with other ongoing to date, and has a few more about to kick off. Key areas of attention are Nigeria’s sprawling metropolis, Lagos, and the nation’s Federal Capital Territory, Abuja. The company is also dedicated to identifying future urban poles across the country, and testimony to this is a powerful presence in Abeokuta, Ogun State and few middle belt locations for the police force.
Since inception, CMB has contributed significantly to the Nigerian real estate sector and has amassed numerous accolades including “Best Affordable Real Estate Development Company”. For the year 2014 at the Urban Development Awards. We pride ourselves in our attention to detail and maintaining globally accepted standards in all facets of our operations”, one of the top Managers explained. “During the last 15 years, CMB has made incredible strides in closing the housing deficit and creating affordable options for the growing middle class, whilst never compromising on quality as we have also inspired other developers to succeed.
City People can authoritatively reveal that CMB has outgrown its previous business model as a one-stop-shop real estate company and has created new companies, conceptualized, and incorporated, to add value to the company’s offering. CMB’s subsidiaries include Steel Guardians Ltd, The Oyster Management Company, and CMB-Vertikal Construction.
CMB has, over the years, evolved to offer a diversified range of services that cut across such crucial sectors as real estate, civil engineering construction, security solutions, and facility management for its clientele in both public and private sectors. These 3 subsidiaries will take over the Security, the Facility Management and Construction area, respectively of the company.
CMB has earned and established its position in the upper-echelon of the country’s real estate sector. This has been achieved by demonstrating an ability to deliver projects to specification, time-line, and budget, all in spite of the unpredictable nature of the economy and industry.
Not too long ago, CMB introduced 3 new estate developments in Lagos and Abuja. One of the projects is ZEEK’S PEARL, planned to be one of CMB’s exquisite estates located in a serene environment in an exclusive part of Apapa GRA, Lagos. The estate sits on 2,947.43sqm of land and will comprise 2 residential blocks with 38 units of 3-bedroom apartments all ensuite with BQ. Block 1 has 20 units and block 2 has 18 units, with 10 floors per block and ground floor parking. The estate is well planned with the following features to its advantage, each apartment comes with a fitted kitchen, wardrobes in each room, elevators, Adequate parking, water supply, and security and facilities management services.
Another project in Lagos is the PEARL MILEY, a luxury estate located in Oniru, Victoria Island, Lagos State. It is made up of 24 units of luxury 3 bedroom apartments (with 1 room BQ) and 2 pent houses. It is planned to be a beautifully landscaped, captivating and alluring structure. It is the company’s flagship luxury apartment. The design provides for adequate vehicular parking, swimming pool, elevators, alternative power supply, portable water supply, landscaped area and fire escapes. Piling/construction works are on-going. Each apartment comes with a fitted kitchen and wardrobes in each room, Elevators, Adequate parking, Water supply, security, Facilities management services.
CMB’s newest project in Abuja is the PEARL GEM, a mixed development, comprising 60 residential units; 40 units of 4 bedroom maisonettes and 20 units of penthouse flats. Each unit comes with a spacious kitchen, family lounge, sizeable guestroom and adequate vehicular parking. The pent house flats have private entrances and all rooms are en-suite with 2 or 3-piece bathroom suites. Pearl Gem is located in Gaduwa district; one of the fastest growing residential areas in Abuja and it is a 25 minute drive from the International Airport. It features, serene living environment, good finishing with all rooms en-suite, well landscaped environment, Good Security network, Adequate vehicular parking and facility management services. Interested buyers are to pay ¦ 45,000,000 with a minimum 30% initial deposit and balance spread over 24 months.
The new developments from CMB are coming on the backdrop of a recent partnership/merger with a polish construction giant VERTIKAL to boost the company’s capacity to deliver homes in record time and number to Nigerians in the cost affordable and convenient way.