President Bola Tinubu is anticipated to fee 1,000 housing models within the Renewed Hope Metropolis, Abuja, in December 2024, making them out there for buy to Nigerians.
These 1,000 models are a part of the three,112-unit Renewed Hope Metropolis mission within the Karsana District, which started in February 2024.
Housing Minister Arc. Ahmed Musa Dangiwa shared this replace throughout the Property and Setting Writers Affiliation of Nigeria (PEWAN) awards in Lagos on November 28, 2024, the place he was honoured for his dedication to reasonably priced housing and accessible mortgage options.
The small print had been additionally supplied in a press release on the Ministry of Housing and City Growth’s official web site.
“The Minister disclosed {that a} important variety of the models had been near completion, expressing optimism that 1,000 models of the Renewed Hope Metropolis in Abuja can be commissioned in December by Mr. President,” the assertion learn partly.
Dangiwa confirmed that the 1,000 models in Abuja set for commissioning subsequent month shall be out there for buy via the portal, https://renewedhopehomes.fmhud.gov.ng , bringing homeownership nearer to many Nigerians.
What it’s best to know
The Renewed Hope Cities is a key part of the Federal Authorities’s Renewed Hope Cities and Estates Programme, an initiative of the Ministry of Housing and City Growth geared toward delivering 50,000 housing models beneath its first section.
Housing Minister Arc. Ahmed Musa Dangiwa just lately disclosed that because of the differing funding mechanisms for the Renewed Hope Cities and Estates, the costs of accomplished housing models differ considerably.
For instance, a one-bedroom house within the Renewed Hope Estates prices between N8 million and N9 million, whereas these developed via Public-Non-public Partnerships (Renewed Hope Cities) are priced at N22 million.
