The establishment of AKF PROPERTIES LIMITED is undoubtedly a major landmark in the public housing delivery system of our great Country. There is a large vacuum created by the inadequate response of the private sector to the challenge of National Housing Crises in Nigeria. It is the vacuum that AKF PROPERTIES LIMITED has decided to fill to a reasonable extent. The problem of housing shortage is becoming more acute from day to day for all classes of our society. Rent are going up almost by the hour. And the payment of two or more years rent in advance is now the established norm at all levels. Yet, all the projections on the ground do not envisage an early relief of this problem.
This is why AKF PROPERTIES LIMITED has embarked on a programme of public housing. The primary aim of the company is to deliver quality houses to all classes in the society. In the past few years, the company have embarked upon the construction of various housing units in carefully selected areas.
PAST AND PRESENT PROJECTS:
Location: Ikota Villa Estate.
Ikota Villa Estate is located on the Lekki-Epe Express way, a distance of about 15 kilometers east of Central Lagos. It is situated between Chevron petroleum Headquarters and the popular Victoria Garden City.
We have successfully completed 19 units of 4 Bedroom Detached and Semi-Detached Duplexes. We are presently constructing additional units of Duplexes within the same Estate. They should be completed in the next few weeks. We are presently building 34 units of flats inside the Estate; 10 units are already completed, the remaining 24 units will be completed before the end of this year.
Location: Lekki County Estate.
In the last four years, the company have successfully built and delivered over 40 units of Detached and Semi Detached houses inside Lekki County Estate.
The Estate is located on the Lasu-Idimu expressway. We are building few units of 3 Bedroom Detached bungalows in an existing Estate. The housing should be completed in the next few weeks.
FINANCING & BANKING
The company currently finances its project from internally generated funds. We also have outstanding banking relationship with the following banks.
- Zenith Bank Plc.
- Finatrust Micro Finance Bank
- Fidelity Bank Plc.
ADDRESS OF THE COMPANY:
House 13b, Road 16, Ikota Villa Estate, Lekki, Lagos.
OFFICIAL CONTACT PHONE NUMBERS: