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Firm plans 2,000 smart estates in Nigeria, Europe


A real estate firm, Gtext Holdings, has revealed plans to build about 2,000 smart estates across Nigeria and other parts of Europe, Asia, and America.

A sales executive of Gtext Holdings, Martha Onsachi, made the disclosure at the allocation of land to beneficiaries and the opening of Garnet Resort City in the Asokoro area held recently in Abuja.

She said the move reinforces the brand’s positioning in real estate development in the country and beyond.

She said, “Our brand portrays luxury and comfortable housing for Nigerians, but even at that, we have flexible payment plans to accommodate middle- and low-income earners.

“We plan to build 2,000 smart homes for Nigerians and other individuals across Europe, America, and even Asia.”

Also speaking, a former Inspector General of Police, Mike Okiro, emphasised the significance of the project in addressing housing challenges in Abuja.

“Abuja attracts businessmen, workers, and non-natives who all need accommodation. Gtext is also making an impact by providing affordable plots for Nigerians, allowing them to build homes at their own pace.

“You buy the land, you start building gradually. But you are able to finish the house and live comfortably. So Gtext is making a lot of contributions to encourage people to build houses on their own, which is very good and very significant.

“The estate’s flexible payment plans aim to make homeownership a reality for more Nigerians, offering an opportunity to buy plots and build gradually without the financial strain of upfront lump-sum payments,” he assured.

According to the acting GTEXT Holdings Abuja branch manager, Shola Olufemi, Garnet Resort City is more than just a residential estate; it’s an investment goldmine.

“This location offers a hilltop landscape and proximity to high-profile neighbourhoods like the Nigerian Air Force Valley Estate and the Navy Admiralty Estate. It’s a location with high potential for returns on investment,” he said.

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