Fadekemi Ajakaiye Arkbridge Infrastructure Limited, the developer of New Lagos City, has assured real estate investors and home buyers of exciting rental income and opportunities in its various house types within the city. The New Lagos City is a residential ecosystem which, according to Pelumi Amusa, an Engineer working with Arkkbridge, comprises various developments including East Land Golf Estate, which is a landed property; Fairfield Apartments with different Courts A, B and C, and Garden Terraces, all sitting on about 43 hectares of land in Ibeju Lekki area of Lagos. Court A is housing five blocks of flats.
In each block there are about 18 Apartments which consist of three bedrooms, two bedrooms and single beds for different family-types. “Now, we have introduced the Garden Terraces, also within the city. These are for families that want to stay on their own.
That led us to create single units different from the apartment buildings for people that want to have their own dedicated facilities like power and water. “We decided to also introduce the Garden Terraces for people who have the money and want to enjoy their lives without anybody’s disturbance,” Amusa said. He stressed that the new development comprises single family units for clients that want luxury and exclusive living.
The estate, he said, promises 24 hours uninterrupted power to be supplied by gas plants from an IPP company and will be ready by the first quarter of 2025. There is a water treatment plan.