Housing Deficit: Echostone Delivers 252 Sustainable Housing Units
SOURCE: BizWatchNigeria
Echostone Development Nigeria has delivered 252 units of affordable homes in Idale Badagry in partnership with the Lagos State Government as part of the ongoing efforts in bridging over 22 million housing deficits in the country.
The project, designed as a Public-Private Partnership, aimed at providing 100,000 affordable homes in 10 years with modern-day technology.
The partners said they were starting with the construction of 2,000 sustainable housing units in three Local Government Areas (LGA) of the state, Idale in Badagry; Ayobo in Alimosho LGA, and Imota in Ikorodu Local Government Area.
Speaking at the official commissioning of the project in Badagry, the Managing Director, EchoStone Development Nigeria, Mr. Sammy Adigun, explained that the affordable housing scheme named, ‘Peridot Parkland Estate’, is the first-ever green-certified affordable housing community in Nigeria.