Latest news

‘Innovation, sustainability key to affordable housing’


A real estate expert and partner at Veritasi Homes Plc, Tobi Yusuff, has emphasised the importance of innovation and sustainability in delivering affordable housing without compromising quality.

Yusuff said this at the 2025 Veritasi Realtors’ Conference themed ‘Navigating the Future of Real Estate: Innovation, Investment & Impact,’ which is aimed at the professional development of realtors, held recently at the Lagos Business School.

Yusuff highlighted the need for strategic cost management, professional expertise, and innovative solutions to address housing challenges in Nigeria.

He said, “One of the key tenets of delivering great homes is ensuring that we provide the best prices to investors while maintaining high standards.

“We work with top professionals who have consistently delivered results, and sustainability remains a core focus in all our projects.”

Yusuff further pointed out that the deregulated energy market in Lagos presents new opportunities for developers to integrate cost-effective and sustainable solutions into housing projects.

He said, “Energy is a major concern for buyers and renters. People want homes that guarantee 24-hour power supply without excessive service charges.

“So, we are constantly thinking of ways to deliver properties that meet these demands while remaining financially viable.”

He also underscored the role of logistics and material sourcing in optimising project timelines and costs. “From budgeting for the Bill of Quantities to selecting the right materials and planning logistics, there is a lot of innovation involved in ensuring timely delivery,” he explained.

Despite these efforts, Yusuff acknowledged that balancing affordability with profitability remains a challenge.

“At the end of the day, we are running a business, not a charity. Every solution we implement must be financially sustainable while offering real value to homebuyers,” he added.

As Nigeria’s real estate sector evolves, Yusuff stressed that embracing innovation and sustainability will be key to meeting growing housing demands in an increasingly competitive market.

Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...