Real Estate

Residential opportunity beckons at 44-unit Emerald Court

by Editor

March 19, 2013 | 3:33 pm
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Residential opportunity awaits home buyers at the 44-unit Emerald Court commissioned recently by Bala Mohammed, the Federal Capital Territory (FCT) minister.

A mixed-use development sitting on 19, 676.770 square metres (1.9 hectares) of land, Emerald Court is a modern estate comprising 14 units of four-bedroom semi-detached houses with boy’s quarter; 22 units of four-bedroom terrace houses, and eight units of three-bedroom flats with maid’s room.

The estate, developed by UACN Property Development Company (UPDC) plc, has put in place state-of-the–art facilities to ensure the comfort of residents.

These facilities include swimming pool, lawn tennis court, club houses, children’s playground, sewage treatment plant, borehole with treatment plant, fire alarm system, burglar alarm system, PHCN and standby generator, ample parking space for residents and visitors.

Other facilities include a pharmacy shop; two generators with 650kva, 415 volts; transformers with 1.5mva, 33/11kv and 500kva, 11/415kv capacities; water treatment plant running 8000 litres per hour; sewage treatment linked to FCDA central sewage; underground water storage tank giving out 32,000 litres, and water tank of 45,000 litres capacity plus an elevated tank of 192,000 litres capacity.

When construction started on the estate about 20 months ago, Hakeem Oguniran, UPDC’s managing director, assured that the project would be executed according to schedule and on budget, expressing his company’s willingness to partner government in the quest to provide housing for the citizenry.

He, however, decried the cost of sourcing land for housing projects, urging the FCT administration to consider allocating sizeable expanse of land to his company, saying “we promise to deliver in good time because we are in this business to stay.”

With over 2.5 million inhabitants, the FCT has a housing deficit that should place investors at vantage positions, the minister said, expressing government’s commitment to housing, as housing was a tool for social transformation.

He commended UPDC for developing Emerald Court, as it is helping in the quest to provide enough housing for Nigerians.

A few weeks ago, the company also delivered Grandville Estate, a moderate residential community comprising 18 units of four-bedroom town houses with boy’s quarter.

The estate sits on 5,999 square metres of land along Ladoke Akintola Street in Ikeja GRA, Lagos. The estate also parades state-of-the-art facilities including a swimming pool /pool bar, video door phone, gymnasium, children’s playground, CCTV, and fire fighting and detection systems.

Other facilities are sewage treatment plant, borehole and water treatment plant; burglar alarm system, transformers and standby generators, plus an ample parking space for residents and visitors.

Construction work on the estate, estimated to have cost N1.5 billion, started in September 2011, and, according to Larry Ettah, group managing director of UACN and chairman of UPDC, the estate is another milestone by the company.

“We will continue to build for sustainable value by ensuring that our designs comply with the basic tenets of sustainability, environmental friendliness and corporate social responsibility,” he assured.

 

CHUKA UROKO


by Editor

March 19, 2013 | 3:33 pm
  |     |     |   Start Conversation

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