Prosper Gardens plans N8b Sunrise Lifestyle estate

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Prosper-Gardens-03-06-2013

PLANS to commence construction works on the proposed Sunrise Lifestyle Estate, housing units homes, are on top gear, as the developer last week revealed that the preliminaries towards actualizing the project have almost been concluded, and physical work would soon start on the site.

The Sunrise Lifestyle Estate is planned for Ayobo area of Ipaja, Ayobo-Ipaja Igbogila Local Council Development Authority of Lagos State.

The proposed mass housing project, to be executed by Messrs Prosper Gardens Limited, in collaboration with the Lagos State Ministry of Housing comes under a private Public Partnership (PPP) initiative. It will produce 680 housing units for the populace.

Already, the state government through its housing ministry has provided approximately 12.7 hectares of land under the PPP scheme, on which the project packaged in two and three bedrooms flats in 85 blocks of eight flats with requisite infrastructure and services would be built.

One of the strategies put in place to ensure delivery of the project, as scheduled is its division into four phases.  While Phase 1 will consist of 10 blocks of three-bedroom and two blocks of two bedroom flats, phase two entails 16 block of three-bedroom and three blocks of two-bedroom flats has led to the developer. Phase III will consist of 20 blocks of three-bedroom and three blocks of two-bedroom flats and phase IV is packaged to deliver 28 blocks of three-bedrrom and three blocks of two-bedroom flats.

Going by the project plan, while phase 1 should be delivered in the first of 2014, phase II will be completed and delivered at the end of third quarter of the same year.  The other two phases will be delivered within the first quarter and third quarter of 2015 respectively.

When completed, Lifestyle Estate is boost of infrastructural facilities such as dedicated parking space for two cars per flat, central water supply, centralized power generating system, all essential load wired to inverters, central waste disposal, street lights, CCTV security cameras, fibre optic broadband internet, single source satellite T.V connection point and a police post.  And the social amenities are crèche, nursery school, restaurant, shopping plaza, pharmacy, supermarket and beauty salon.

Recreational facilities that will come with the estate are fully equipped children play ground with food court having indoor and outdoor sitting; club house with restaurant and bar as well as games room; two flood lit lawn tennis courts, two flood lit astro turf football pitches, flood lit basket ball court, commercial size swimming pool and commercial size gymnasium.

Speaking on the project, Chairman, Prosper Gardens, said the development, is geared towards carving a niche in real estate market by providing housing at optimum standards of development and professional facility management all within affordable cost concept.

“Our lifestyle estate could fit perfectly into the highbrow Ikoyi landscape and not look inferior, the only difference is we are able to achieve this standard at affordable prices.”

He added that, CSB Construction Works, was the original concessionaire of the estate land site, before his firm was brought in to provide the development concept and financing for the project.

According to him, the project provides unique investment opportunity that gives the would be investor secure ownership documents from Lagos State Government, high rental income and capital appreciation, unique in concept, unique in price and control over what you spend on services.

Author of this article: By Emmanuel Badejo

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