Royal Residence Estate in Lagos to Leverage on Class, Serenity

Obika Realtors Ltd., promoter of Royal Residence Estate in Lagos has plans to build a classy property in a serene environment for prospective homeowners who desire it.

Royal Residence is being built on 10 acres of prime land at Eluju Town, Ibeju –Lekki Local government area of Lagos State.  The promoter said they are providing this dream environment without the prospective owners having to pay a premium, hence the slogan “transforming dreams to reality.”

The new estate being developed by Obika Realtors Ltd, a real estate development firm, is strategically situated in the local government area encompassing the Lekki Free Trade Zone area of Lagos State.

The estate, which has about 54 serviced plots, is zoned into five areas; detached zone, semi – detached zone, terraced zone, recreational and commercial zones. This is with the mindset of achieving a certain level of uniformity and ambiance.

The Managing Director of Obika Realtors, Mrs. Ekamma Ufot said the company would provide basic infrastructures and services within the estate, and these would include, roads, drainages, electricity, water, security, as well as effective facility management of the sprawling residences.

According to her, there are a total of 54 plots in the estate with 20 for allocation in the first phase  and that a subscriber could purchase up to 4  plots, “as long as it can be developed within a maximum of 5 years.”

She told scores of subscribers and stakeholders that witnessed the impressive first phase allocation and turning of the sod  for the exquisite infrastructure in the estate that a Deed of Assignment would be given to all beneficiaries   when complete payment have  been made and title on the said plots transferred to them with the property being excised.

Mrs Ekamma said the business philosophy of the company was hinged on meeting and surpassing the needs of its numerous clients by simply achieving world class services in the most cost-effective and professional manner.

The Managing Director stated that the core value of the firm was to maintain a strong foundation of trust, integrity and professionalism with its clients, a feat that is evident in the Royal Residence estate project.

She stated that the cost of the serviced plots are very affordable, especially taking into consideration the facilities therein, stressing “we are providing this dream environment for less all in a bid to transform the dreams of prospective allottees   to reality.

“We are already getting testimonies from our stakeholders due to our commitment to deliver as promised within the stipulated time frame,” Ekamma stressed.

One of the subscribers of the serviced plots, John Ikomi described the project as very affordable, in view of the infrastructure provided therein. He stressed that the estate firm had demonstrated honesty and sincerity of purpose coupled with a commitment to ensure that stakeholders dream will be actualised soonest.

Another subscriber, Managing Director, Cordros Capital, Wale Agbeyangi lauded the scheme and expressed amazement at the extent and quality of work done on the estate’s infrastructure and lay out.


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