Housing: Partnership With Govt Yielding Positive Results – BSTAN

Nigeria’s foremost real estate firm, BSTAN Homes and Properties Limited, has said its partnership with governments in the drive to bridge housing deficits and provide affordable homes to Nigerians is yielding positive results.

This is even as it announced that the Lagos edition of National House Fair will hold on December 1st, 2022 at the Oriental Hotel, Victoria Island, Lagos.

Coordinator, Lagos National House Fair, Mr Tolu Oluwo, made the disclosure during a press conference to herald the forthcoming event tagged: ‘Property in a sachet.’
He said the objective of the event is to bring affordable, accessible and functional housing to low income earners without stress.

In her address at the event, the Group Managing Director, BSTAN Homes and Properties, Dr Becky Olubukola, said that the organization has taken it upon itself to create an avenue that will make middle-class workers and artisans become home owners with ease.

“We have come to organize the Lagos edition of National House Fair with the aim of producing basic shelter for people at affordable rates. The government cannot do it alone, private public participation and workable policies that will support people are some of the things that we need.

“We started this project six years ago and we have recorded remarkable success in the real estate business. The 6th edition was held in Abuja recently where ten (10) participants won a plot of land each.
“We have since built about 28,000 units of houses and we plan to reach 5,000 housing units as well as expand to other African nations that have been inviting us,” she explained.

Dr Olubukola stated further that Nigerians do not need to break a bank to own a house as there are different housing schemes for bankers, medical personnel, traders, teachers, civil servants, youths and artisans, that can make subscriber own a house and spread the payment over seven (7) years through monthly payment plans.

In her remark, the Abuja Coordinator of the National House Fair, Mrs Abimbola Adewumi, expressed that the company has been making remarkable progress in the creation of affordable house for the people.
In her words: “We have been adding value to the real estate sector and we promise to do more.”

She said that there will be a raffle draw at the event, where plots of land will be given freely to winners, adding that other participants will win consolation prices.