Subscribers get land allocation in Nassarawa’s Olive Gardens’ estate

HOMEOWNERSHIP feat in Nassarawa State got a boost as a total of 100 subscribers to the Olive Gardens Estate, an owner-occupier housing scheme in the state have been allocated plots of land for immediate commencement of supervised construction works.

  Speaking at the 74.5 hectares Olive Gardens site last week, Mr. Adewale Owomoyela, Executive Director of IPC Homes Limited, promoter of the scheme, said the allocation of land to the first set of subscribers was to give credence to the genuineness of the home ownership scheme, saying the move was necessary not only to encourage other prospective buyers to invest in the scheme, but also to give opportunity for early completion of the first phase.

  While giving the assurance that the Right of Occupancy (RoO) into the estate was being finalized, he pledged the commitment of IPC Limited in speeding up roads pavement and electricity supply and other amenities into the estate.

He added that the scheme that is in batches is designed to augment Federal Government’s effort in providing affordable housing for those who desire home ownership. 

  Owomoyela said that his company was committed to keeping to all agreements reached with clients, “but we urged buyers to also fulfill their end of the bargain by keeping to laid down specifications and tenable completion period which he said could be the first quarter of 2015”.

  He added that the organization frowns at land banking and would encourage only buyers who wish to build and occupy to participate in the first phase, stressing that those who wish to procure land in the Olive Garden scheme for land banking purposes, are advised to do so in the second and third phase of the housing project. 

“We believe the federal government alone cannot provide all the housing needs of all Nigerians and that was why we came up with this scheme.

“We’ll support all classes of buyers to acquire a property of their own without hassles. But we require all homeowners to build rapidly. If anyone in the first phase refuses to build by end of first quarter, we will be forced to re-allocate such client to another site still within the Olive Garden space. But that will not be at the prime site which is the window of the estate”, he said.

  Some of the buyers who spoke with journalists after the collection of land documentation said they were pleased so far with the scheme, saying that they would like the Nassarawa State government, in conjunction with the Federal Capital Territory (FCT) to provide a shorter access road to the FCT through the Mpape outlet, believing that paving of the connecting road will facilitate easy transportation into and outside the new layout.