By Jude Atupulazi
Reapfold Properties Ltd has launched three new housing estates in Ebenebe, Awka Capital Territory. The Estates are Classic Villa, Green Garden Estate and Premium Layout.
Speaking about the Classic Villa Estate, Miss Evelyn Tochi Obodoechina, a consultant to the firm, said it was sandwiched in close proximity between Nnamdi Azikiwe University, Awka; and Zitelle Oil Company, and was only 20 minutes’ drive to Aroma Junction. The estate, she said, was unveiled by the Speaker of Anambra State House of Assembly, Rt. Hon. Somtochukwu Udeze, on October 3, 2023.
‘Classic Villa Estate which has a plot size of 465 SQM and a launch price of N3M, is designed to create premium lifestyle experience for residents, with electricity, street lights, walkways, water supply, drainage system, perimeter fence, recreation centre and good road network, all assured,’ Obodoechina said.
The Group Managing Director, Hon. Nonso Smart Okafor, said during the unveiling that Reapfold Properties Limited was into the real estate industry to change the narrative by creating exceptional living spaces for both families and individuals.
According to him, the estate had 100% dry land, with a registered survey, and already in the process to obtain Certificate of Occupancy (C of O). He promised that allocation of plot(s) was effective immediately after confirmation of the payment.
The Speaker of the Anambra State House of Assembly, Rt. Hon. Somto Udeze, who was accompanied by thirteen lawmakers of the state assembly to unveil the estate, commended the GMD, Hon. Okafor, for his drive to bring development to Ebenebe, noting that the property would close the housing gap in the state and restore confidence in the real estate industry of Anambra State.
‘We appreciate the presence of the following lawmakers in Anambra State House of Assembly: the Deputy Speaker, Rt. Hon. Chukwuma Okoye; Hon. Johnbosco Akaegbobi (Nnewi South 1); Hon. Emmanuel Nwafor (Orumba South); Hon. Noble Igwe (Ogbaru 1); Hon. Ejike Okechukwu (Anaocha 2); Hon. Atuchukwu Atusel (Nnewi South 2); Hon. Augustine Ike (Nnewi North); Hon. Iloh Golden (Ihiala 2); Hon. Anayo Okpalaeke (Aguata 1); Hon. Ebuka Igwe (Idemili South); Hon. Chuks Azotani (Dunukofia) and Hon. Muobike Anthony (Aguata 2),’ Obodoechina said.
She also appreciated the presence of Ebenebe Community, especially Umumejinwoke Clan, for the consistent support throughout the transition of ownership.
‘With your millions, the highest interest rate you can get from fixed deposit from most Nigerian banks is between 5%-12%, which is relatively poor.
‘Land banking is a great alternative investment strategy, especially for those who just want to invest and wait. Inflation or no inflation, land appreciates in value daily.
‘Know this, land banking is the underground bank where the rich keep their money with massive breaking returns,’ she said while urging the populace to bank with Reapfold Properties Limited.
Obodoechina disclosed that they also had vacancies for male and female realtors between the ages of 18 and above, and urged interested persons to send their names and phone numbers to the Administrator, Evelyn Obodoechna 09132356551.
She said the pre-launch promo for Classic Villa Phase 2 would end on January 23, even as she disclosed that a plot there currently sold at the promo price of N3.5m.
‘With this offer ending on 23rd January, the price will change to N4.5m thereafter,’ she added.