₦airaland Forum

Hi, I work with an investment firm and I'm trying to suggest a low cost, eco friendly housing project to them.

The idea is to build a very basic apartment, that offers the most basic important family needs without compromising on comfort.

A high rise building in the heart of Lagos, maybe around Surulere, Yaba, Apapa or some other places with close proximity to Lagos Island. These building will have at least 4 flats on each floor, or maybe more.

How much land size is required to do this, considering that each family would have at least 2 cars.

Is it possible to sell those flats at 7.5M each - they would be left basic, save the normal finishing of tiling the floor and fixing the toilets.


Please share some ideas on how best this can work.


PS. The idea is just to build a cheap housing apartment for the mass market, I concluded building a High rise building is the most effective way to do this considering the scarcity of land in Lagos. I dont like the idea of building houses in those distant locations like Epe and co, the traffic from commuting from those area can sap Steve Jobs of creativity

I suggest You should never think of economizing resources when it comes to constructions Jobs. It is an investment so good amount should be invested if subsequent ROI is expected. You can take advantage of this opportunity in my signature.

There are a number of things to consider. You have already mentioned parking spaces for cars.
another would be waste/waste water management, water supply management, the architectural plan etc,
call or whatsapp me on 07033544353 for me discourse on your quarry.

YipadaGadgets1:
Hi, I work with an investment firm and I'm trying to suggest a low cost, eco friendly housing project to them.

The idea is to build a very basic apartment, that offers the most basic important family needs without compromising on comfort.

A high rise building in the heart of Lagos, maybe around Surulere, Yaba, Apapa or some other places with close proximity to Lagos Island. These building will have at least 4 flats on each floor, or maybe more.

How much land size is required to do this, considering that each family would have at least 2 cars.

Is it possible to sell those flats at 7.5M each - they would be left basic, save the normal finishing of tiling the floor and fixing the toilets.


Please share some ideas on how best this can work.


PS. The idea is just to build a cheap housing apartment for the mass market, I concluded building a High rise building is the most effective way to do this considering the scarcity of land in Lagos. I dont like the idea of building houses in those distant locations like Epe and co, the traffic from commuting from those area can sap Steve Jobs of creativity

To achieve 40flats , we would have total of 11floors. First floor would serve as parking space.The remaining floors would have 4units of 2bedroom x 10 = 40flats.

Landsize: required- we would have to consider parking space for 40cars.
2plots is enough.

Cost:This would depend on location and design.

You can contact me for a cost breakdown and architectural design.
09056082348(call & WhatsApp)
raymondfubara@gmail.com

NettyNelly:
I suggest You should never think of economizing resources when it comes to constructions Jobs. It is an investment so good amount should be invested if subsequent ROI is expected. You can take advantage of this opportunity in my signature.

Thanks for that, I want a quality one that can stand the test of time. That can last up to 30 years or more.



More success on the Mini importation opportunity, I've tried it out some times back

raymondFirstborn:
To achieve 40flats , we would have total of 11floors. First floor would serve as parking space.The remaining floors would have 4units of 2bedroom x 10 = 40flats.

Landsize: required- we would have to consider parking space for 40cars.
2plots is enough.

Cost:This would depend on location and design.

You can contact me for a cost breakdown and architectural design.
09056082348(call & WhatsApp)
raymondfubara@gmail.com

Oh Beautiful, thanks for these.

How much is needed for the actual building

you'd really have to factor in land cost too.

YipadaGadgets1:
Oh Beautiful, thanks for these.

How much is needed for the actual building

Would be difficult to give you an an actual cost without an architectural drawing.. Between 120 - 400m

raymondFirstborn:
Would be difficult to give you an an actual cost without an architectural drawing.. Between 120 - 400m

Thanks Boss.

I will reach you back

BeforeJuly:
you'd really have to factor in land cost too.

I'm putting that into context as well, I want to assume we can get a acre for around 100M

YipadaGadgets1:
I'm putting that into context as well, I want to assume we can get a acre for around 100M

Would an acre be available in business districts?

BeforeJuly:
Would an acre be available in business districts?

I believe if we dig deep, we will find

YipadaGadgets1:
I believe if we dig deep, we will find

fair enough. have you agreed on a specific location?

BeforeJuly:
fair enough.
have you agreed on a specific location?

I've not settle for a location, I'm looking out for somewhere between Costain to Ilupeju

YipadaGadgets1:
I've not settle for a location, I'm looking out for somewhere between Costain to Ilupeju

Well I believe ilupeju might have assets like that.

Don't really know about costain.

Uhm also can I be involved?

Don't take this the wrong way oo...I'm just giving my self a shot.
Just trying my luck cos of the building technicalities proper.