Login Register
feel free to call 09056000005

Lifecard Commences 1000-Unit Housing Project with a Spotlight on Millennials and Investors

Lifecard International, a reputable real estate marketing, advisory, and investment firm in Nigeria, has placed its primary focus on young Nigerians and those seeking lucrative investments through a remarkable 1000-unit housing project.
 
Company officials have revealed that this housing project is being introduced as an off-plan property investment opportunity. They elaborated that their decision stems from a comprehensive study that highlighted a substantial decline in off-plan sales and purchases, despite its recognition as a highly advantageous strategy for investors. Grace Ofure Ibhakhomu, the CEO of Lifecard, addressed this matter during an interaction with reporters in Lagos.
 
Ibhakhomu emphasized, "Through discussions with property investors and buyers, it came to light that investors have reservations about off-plan purchases due to concerns such as construction delays, abandoned projects, alterations in property specifications, unexpected market fluctuations, and a lack of transparency and integrity from real estate developers, all of which are common pitfalls."
 
 
In response to these uncertainties connected to such investments, Ibhakhomu underlined Lifecard's commitment to reversing this trend and reshaping perceptions in favor of investors. She disclosed that the company has systematically tackled these challenges, pioneering the introduction of the Reserve Slot System, a groundbreaking innovation in the Nigerian real estate industry. By doing so, Lifecard aims to address the conventional challenges associated with off-plan property purchases, ushering in a new era of secure homeownership and investment possibilities through a book-and-pay-on-delivery approach.
 
"The Reserve Slot System presents buyers with tangible evidence of the properties they are investing in, minimizing the risk of unforeseen surprises. Furthermore, our transparent and open channels of communication are designed to instill confidence in investors, ensuring that their interests are paramount and that they are kept well-informed throughout the entire process," Ibhakhomu explained.
 
Ibhakhomu also acknowledged the significance of supporting the aspirations and dreams of both investors and the millennial generation in their pursuit of property ownership. This understanding led to the conception of the innovative Reserve Slot System.
 
Through this system, a more diverse spectrum of individuals can actively participate in property investment, allowing them to rest easy with the knowledge that their investments are secure. This approach effectively paves the way for wealth creation and homeownership among a broader audience.
 
"The impact of this development on the real estate landscape is bound to be enduring. Lifecard International stands as a symbol of progress and empowerment within the housing sector, making a substantial contribution to the industry," Ibhakhomu concluded.
 
Source: Businessday

Similar Topics

The Real Estate Developers Association of Nigeria has announced initiatives aimed at enhancing...

2 days ago Read More

The Global Environment Facility has approved $3.28m to tackle land degradation in Kebbi State under...

5 days ago Read More

The commercial real estate market is currently grappling with several major challenges, including...

11 days ago Read More

Real estate development is a key driver of economic growth in any region, and Africa is no...

11 days ago Read More

The Federal Government has signed a Memorandum of Understanding with Shelter Afrique...

16 days ago Read More

The Federal Government has issued a 90-day deadline for subscribers of the National Housing...

17 days ago Read More

The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that plans are underway...

18 days ago Read More

A real estate firm, Gestpoint Nigeria Limited, has implored the Federal Government to simplify the...

18 days ago Read More

Ahmed Dangiwa, minister of Housing and Urban Development, has said that unlocking Nigeria’s...

24 days ago Read More

Experts in the built environment have emphasized that effective urban planning and infrastructure...

25 days ago Read More

The Council for the Regulation of Engineering in Nigeria (COREN) has highlighted a legislative...

25 days ago Read More

The state of the country’s economy has affected the real estate sector adversely in 2024, a...

a month ago Read More

The Council for the Regulation of Engineering in Nigeria has inaugurated a National Technical...

a month ago Read More

“This demand is particularly strong in affordable areas that offer amenities and proximity to...

a month ago Read More

The Executive Director of Projects Implementation at the Federal Housing Authority, Oluremi...

a month ago Read More

To address ongoing challenges in the housing sector, Uzo Oshogwe, the Managing Director and Chief...

a month ago Read More

  The House of Representatives has approved a significant budget increase for the Ministry of...

a month ago Read More

The Osun State Government, in partnership with foreign collaborators, has initiated a reforestation...

a month ago Read More

Dr. Seyi Olufemi, the CEO of Casafina Development Company, has counseled investors to purchase...

a month ago Read More

The Economic and Financial Crimes Commission (EFCC) is tightening regulations on estate surveying...

a month ago Read More