Opinior Group promises to turn around Abuja real estate
A local engineering services provider and developer, Opinior Group over the weekend marked its 10th anniversary in Abuja with promise to turn around real estate sector in Abuja. Managing Director of Opinior Group, Mr Muftau Open Salawu while opening activities for the celebration in Abuja last Thursday said his company’s prized Opinior Luxury Apartment under […]
A local engineering services provider and developer, Opinior Group over the weekend marked its 10th anniversary in Abuja with promise to turn around real estate sector in Abuja.
Managing Director of Opinior Group, Mr Muftau Open Salawu while opening activities for the celebration in Abuja last Thursday said his company’s prized Opinior Luxury Apartment under construction brings new things into Abuja.
Opinior Luxury Apartment is a 10-floor high-end piece of real estate situated in Sector Centre A, Ahmadu Bello Way, Abuja.
Salawu said, “It’s the first of its kind in Abuja. We have three floors that are for commercials, office place and five floors of service apartments of two-bedroom, one-bedroom flats and studio houses.
“All the activities are on the roof: that’s where we have the pool, the sit-out, the lounge and the lawn tennis court. It’s a concept we brought to give leisure and value for money.
“The studio houses are for arrangement where visitors do not need to stay in a hotel. One who visits Abuja can live almost the same comfort one gets in a hotel and still own their house.”
As part of the anniversary, the company in collaboration with the Federal Road Safety Corps (FRSC) held road safety campaign – advising motorists to drop use of mobile phone.
It was said that use of mobile phones is killing more than alcohol.
The Managing Director said his experience in the real estate sector has shown that though the market in low-income housing is huge, doing business in it is risky and unattractive for the investor.
“The federal government gave us nine hectares of land in Kuje to develop 300 housing units. And being what it is, it was a programme that was to provide housing for middle and low income earners.
“We tried because that is one of the most difficult kind of estate development -when you are developing for the middle and low income earners. It’s easier to build very high brand houses and sell to one client than to build cheaper houses for people,” he explained.
Reason for this, he said the mortgage system in Nigeria hardly supports off-takers of low-income houses.
“But we took that risk because it’s not just about making the money. We want to render the services to the nation,” he assured.