CMB Building Maintenance & Investment Company Limited, a foremost real estate development company, has unfolded plans to boost its affordable portfolio of real estate development with the introduction of a residential housing estate in Apapa GRA.
The latest addition is situated in Apapa, which is the major port of the city of Lagos, Nigeria, and is located to the west of Lagos Island, across Lagos Harbour.
CMB’s development drive towards the Apapa axis is coming on the heels of the directive by the Senate to the Federal Ministry of Works and the Nigerian Ports Authority, NPA, to immediately begin the process of removing structures on rights of way (motor ways) and other locations impeding smooth traffic flow across the country.
The estate will constitute 2 blocks of 38 units of tastefully finished 3 bedroom apartments with a service quarter and 2 pent apartments. The estate will boast of facilities such as alternative power supply, potable water supply, adequate parking space, landscaped area, elevators, fire escapes, a serene environment and facility management services.
The Managing Director of CMB, Mr Kelechukwu Mbagwu, said the decision to expand its business to the Apapa corridor is largely based on the company’s drive to be a fore-runner in reducing the nation’s current housing deficit. He urged developers across the country to embrace this mandate of private sector participation.
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