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Suru Properties Limited have unveiled an all-new project for 2017 which is expected to kick-start by March 2017.
In its bid to keep up with the teeming housing demand in Lagos, Suru Homes are adopting a unique housing plan for prospective homeowners and potential business investors.
On Monday, January 23, 2017, the Group Managing Director of Suru Properties Limited, Mr Edward Akinlade highlighted ongoing projects at Ajao Road in Adeniyi Jones Opebi and Ikorordu.
Here are summary of the housing plan;
Ajao Road, Adeniyi Jones, Ikeja
Off plan price: N35Million
Completion Price: N45Million
Rental Income: N2.5Million
Opebi Road:
Off plan price: N45million
Completion Price: N55Million
Rental Income: N2.75Million
Key Features of these apartments include;
3 Bedroom apartments with Bqs
Elevators
24/7 water supply
Ample parking space
24/7 Power supply
Property Management Company
24/7 security
Oba Sekumade Road Ogolonto Bus Stop, Ikorodu;
2 Bedroom
Off Plan: N8.5 Million
Completion Price: N10.5million
Rental Income: N350,000
Ikorodu:
1 bedroom
Off plan: N6.5Million
Completion price: N8.5million
Rental income: N200,000
Key features
24/7 water supply
Ample parking space
Property Management Company
24/7 security
As part of the payment plan to assist prospective buyers and investors, a down payment of 15 million is expected tobe made, as the balance is expected to be spread across 24 months (2 years).
To achieve this, top commercial banks in Nigeria have indicated interest to support prospective investors with a mortgage plan that will spread for about 5 years. They are;
Fidelity Bank GTBank Stanbic IBTC
The managing director commended those who have seen the opportunity and are already indicating interest, stating that investment opportunity of this kind is not easy to come across.
He said:
“Hardly would anyone get a 40% profit on his investment within 18 months of project execution. We have also built a sustainable relationship with Lagos State Government to control the excesses of Land grabbers and unnecessary parade of Omo-Onile.
“We are also assuring our prospective partners that even when the project is completed and they chose to sell the apartment. We shall provide the facility to accelerate the sale.
“When you buy new, you benefit from higher quality design, more convenience, lower running costs and fewer repairs. Buying new saves you time and money. With developments across Lagos, carefully chosen for excellent transport links and investment credentials, a SURU Homes Lagos Property is not only a great investment, it’s also the perfect place for you to call home in the world’s favorite capital city.
Flexible Payment Plan And Rewarding
“You can also take advantage of our payment term which is extending within the period of two years and earn a guarantee rental. Note also that our payment plan within this period is INTEREST FREE
“We are also giving you a reassuring presence: our onsite property management company-Suru Home Property Management Company is set up to manage and maintain the communal areas and surroundings of all our developments.