Real Estate firm, Rolad Properties and Allied Services has unveiled its housing unit project in Ogun State to address housing deficit in the country.

While commissioning its 24 hectares housing project tagged ‘Idera de’, the company rebranded its logo.

Speaking at the ground breaking event, the Founder, Rolad Properties and Allied Services, Oladotun Oloyede, described the company’s latest project as a milestone with many benefits for investors and individuals.

While expressing its commitment to helping many to become house owners, he said, “Also, because of the infrastructure we are bringing here, the rate of appreciation of this investment will be very rapid. Some of the projects we are doing for around N15m at completion fees cannot be less than N25m, and that’s what is going to happen here in 12 months.

“There are also building plans of different types, terrace duplexes and even service plots for individuals who want to build by themselves.”

Oloyede spoke on the social impact of the housing project which would include renewable energy among others.

He said, “We will be powering this estate with renewable energy which means that emission is reduced and ozone layer depletion is minimal. Also, there will be less mass pollution in the environment.

“This is a 151-unit apartment that is scalable to 1,000 which is going to engage at least 5,000 people directly or indirectly who then get to earn an income. We are in our little way contributing to the financial economy of Nigeria.”

Oloyede said the firm plans to partner with the community to improve the road infratructure to enable confortable access.

Oloyede explained that the company will incorporate the pension equity strategy to enable the accessibility of properties to clients by engaging PMIs. Also speaking at the event, Associate Partner for Ubosi Eleh+ Co, Olusanjo Fawole, said, “This goes to show that individuals and corporate organisations can contribute or help in the mitigation of the housing deficit in Nigeria.

“So what Rolad has done is massive, although its contribution might seem little compared to the wide gap in the housing industry. But this will go a long way to ensure people are housed and have properties over their heads.”