The Managing Director of My Eya Homes, Nigeria-based leading luxury real estate development firm, Chief Chinedu Eya, has highlighted five reasons why Enugu state, under his Excellency, Governor Peter Ndubuisi Mbah, has become a perfect place for investment in real estate.
Chief Eya who listed rapid urbanization, Massive infrastructure, future growth prospect, safe and secure environment as five major reasons why Enugu has become attractive to real estate development, however, noted that the state has become a booming hub for real estate opportunities.
In an exclusive interview with Enugupress.ng, the MD explained that "with Enugu's strategic location and growing population, that the state now offers investors a lucrative real estate market."
"You will agree with me that Enugu State under His Excellency, Governor Peter Ndubuisi Mbah, is currently one of Nigeria’s fastest-growing cities, with a steady influx of people relocating for business, government jobs, and lifestyle opportunities.
"And when such development hits a state, the demand for residential and commercial properties skyrockets to high heavens., thereby creating a profitable market for both rentals and property sales."
Chief Eya further stated that with Enugu's recent excellent road networks, modern facilities, and reliable utilities, that his real estate firm, My Eya Homes, has extended its real Estate developments to 9th Miles, Owo in Nkanu East and Nike in Enugu East.
"We quickly responded to this urbanization by launching Promise Land Estate, located at Owo, Nkanu East LGA and Chidimma Pocket estate, located directly opposite Seman paradise estate, Ogbeke, Nike, and now, Trade Zone Estate phase 4, situated at 9th mile corner.
The Managing Director also, explained that the company, being conscious of the prevailing economic condition of the country, slashed prices of its properties to suit the nation's economy and to satisfy buyers of its properties by pegging Promise Land facilities at 1.8m per plot and Chidimma Pocket Estate at 3.7m, while Trade Zone phase 4 is pegged at 1.850m.
"Don't also forget that with Enugu under the present administration being regarded as one of Nigeria’s safest cities, makes it an attractive destination for families, businesses, and expatriates, as safety significantly enhances property demand.
He however, concluded that "Enugu state, which promises long-term value appreciation for properties is evolving into a smart, sustainable urban area, making it ideal for forward-thinking investors."
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