NewsREAL ESTATE NEWS

500 housing units to be built in Lagos and Abuja.

A Leading mortgage bank in Nigeria known as Resort Savings and Loans PLC has decided to collaborate with estate developers with the view to build 500 housing units before the end of the second quarter of 2016. This alliance will enable the bank to provide mortgage finance for those interested in the housing estate primarily for the middle class.
Based on this move, the bank known for its investment in other real estate developments in Ogun state, Abuja, Lekki and a host of other places would increase the number of beneficiaries for its facilities.
The estates as promised by the bank will be tastefully furnished in prime locations within Abuja and Lagos and each unit will sell for N9 – N20 million.
“We are in an era that requires great tact for those who want to survive. One of the ways to live in this era is to take advantage of facilities like this. With the products in our bank, it is easy for anybody who wants to own property to do so and our terms are flexible.” – Mr. Yemi Popoola, Head of Business Development.

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