Aside from its 10 per cent discount offer on all land payment plans, the company is spreading payment options for purchased land up to four years. This, it says, is to give all low income earners an opportunity to be landlords in Lagos. For instance, to own a plot of land at Chattel Reality’s Palms Villa Estate in Ikorodu, an intending buyer can pay as low as N22,000 monthly and N83,000 monthly for land in the Palms Villa Estate in Ibeju Lekki.

Its Managing Director, Mr. Ifeanyi Okafor, explained that such initiative is one of the company’s strategies to get more Nigerians to invest in properties and own their own houses. “We must as a matter of urgency always look for incentives to encourage people to own their homes. Things are pretty difficult at the moment and many people might not be able to afford a huge sum of money to purchase a land not to talk of building a house. So for us, we are more interested in empowering people and helping them to achieve their dreams of becoming a landlord,” he explained.

Chattel Realty and Investment Company limited is an innovative real estate development company that engages in the development of master-planned housing estates. The company’s objective is to provide cutting-edge real estate solutions to the huge Nigerian real estate market, which yearns for affordable housing as well as other real estate investment products.

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It was gathered that the land was given to a family for farming in the 80s by the Ministry of Agriculture and Cooperatives.

The acres of land were, however, taken over by the land grabber, who the government also accused of selling them and pulling down over 12,000 palm trees in the farm.

It was gathered that employees of the farm were sent away from the farm by the land grabber.

The Chairman of the task force, Mr. Akeem Adedeji, said the state government would not condone illegal eviction of rightful landlords from their property by miscreants, adding that the era of land grabbing in Lagos was over.

Adedeji said in line with the governor’s directive, the unit would move into the Ikorodu area and serve notices to quit on present occupants of the land, who he said, must have bought their property from the land grabbers.

He said, “Sequel to his passion to make life easy for every citizen, Governor Ambode told us to follow due process in our enforcement.

“So, we will go to the land to serve notices to quit to whoever is occupying the land. The occupant will be served papers, the structures found on the land will be marked, after which we will recover the land. The essence is to enable them to present their documents if indeed they have any.

“They will be notified, but the land will be recovered to the government in accordance with the governor’s directive.”

PUNCH.

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