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Edo govt’s pact with developers promises 454 houses in Benin, Ekpoma

A partnership agreement between the Edo State Development and Property Corporation (ESDPC) and three property development firms holds the potential for the construction of 454 housing units in Benin City, Ekpoma, and Uhunmwonde, according to the management of the government housing agency.
 
On August 10, 2023, the agency awarded certificates to four real estate developers for the construction of approximately 700 housing units in Emotan Garden City Phase 3, located in Benin City, the state capital. John Zedomi, the Managing Director of ESDPC, made this announcement during a press briefing in Benin City.
 
The partnership involves ESDPC teaming up with Orange Estate Land Developer Nigeria Limited, a local real estate developer, and Median Infrastructure Development Limited for the housing unit development.
 
Orange Estate will construct 108 flats in Iguovbiobo along Benin-Auchi Road in Uhunmwonde local government area. The indigenous real estate developer will also build more than 300 affordable housing units along the Ekpoma/Irrua Road in Esan West local government area. Median Infrastructure Development, on the other hand, will undertake the construction of 46 luxury apartments at Golfview Heights in the GRA, Benin City.
 
Zedomi mentioned that there are currently 147 ongoing housing units at Emotan Garden City, with these units at the roofing stage and available for sale.
 
He further stated that the housing projects in Iguovbiobo (Uhunmwonde local government area) and along the Ekpoma/Irrua Road (Esan West local government area) would offer opportunities for home ownership and contribute to the development of the host communities.
 
The joint venture development agreement with Median Infrastructure Development Limited for the construction of 46 luxury apartments in GRA, Benin City, follows the success of the Golf Mews project, which received overwhelming interest.
 
Zedomi explained that the project is expected to commence in September 2023, highlighting that the agency has been diligently working on several key projects with the potential to transform communities and improve the citizens' quality of life.
 
He also noted that the agency had undergone various reforms and name changes over the years, transitioning from Bendel State Development and Property Authority (BDPA) to Edo State Development and Property Authority (ESDPA) and then to Edo State Development and Property Corporation (ESDPC). These changes reflect the corporation's renewed focus on driving economic growth, sustainable development, and responsible property development across the state, ultimately serving the people of Edo State better.
 
Source: BusinessDay

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