Real estate development firm, Ifitech and Associates Limited, says it plans to deliver about 2,000 housing units across the country by 2017.

The firm disclosed the plan during a meeting to unveil its estates in Lagos, Imo and Enugu states.

The Chief Executive Officer, Ifitech and Associates, Mr. Ifeanyi Isaac, said since its incorporation in 2008, the company had aimed to provide affordable and low-cost housing for Nigerians in the most convenient way.

“Since we target prospective landlords in the lowest end of the property ladder, or those who are considered to be low-income earners, the prices of plots in our estates are very low and affordable. Our most expensive estates are the ones in the Ibeju-Lekki axis near the Dangote Refinery, Lekki Free Trade Zone and other upcoming landmark projects in Lagos.”

According to him, to ensure that the objectives of the firm are achieved, payment for plots in all the company’s estates have been structured to run over a period of six to 12 months, while buyers who pay outright are able to buy at cheaper rates.

Isaac added, “We currently have over 2,000 subscribers and they have all started to build their own houses, adding to the ones the firm is building and selling to those who may not want to go through the rigours of starting from land ownership. We hope that by the end of 2017, we would have been able to deliver a minimum of 2,000 housing units and that by 2020, we would have been able to deliver over 10,000 housing units.

“We are determined and we already have more than 200 personnel helping to push this ambition. We understand the challenges in the economy but with determination, we will surely get there.”

Isaac noted that despite targeting low-income earners, the firm would ensure that residents of its estates had access to top-notch infrastructure.

“All our estates currently have perimeter fencing with road networks, drainage system, water, security, play areas for family and shopping centres. We are hoping to create estates that will function with a communal lifestyle, where people will live in peace and harmony irrespective of religion or ethnicity,” he added.

 PUNCH.