The manager of Convvy Estates Nigeria Limited, Mr. Ayodeji Alade, said, despite inflation sweeping across global economies like whirlwinds, real estate industry still remains a safe haven for investors.
Alade, while speaking with journalists in Lagos, said many Nigerians in the diaspora have continued to invest massively in the housing industry back home.
Alade disclosed that diaspora Nigerians from Canada, United States of America, United Kingdom and Australia, among others have been buying into Nigeria’s real estate through trusted developers.
He said the trust, integrity built by the management of Convvy Estates endeared diaspora Nigerians to invest in the housing estate.
“Over 85 per cent of our subscribers are diaspora Nigerians. The confidence they have in us is based on what they can see. We talk and do, we keep on the development,” Alade said.
According to him, apart from the trust, the capital which the company has built overtime has firmly positioned the firm for efficient service delivery, saying the firm does not joke with the issues of documentation.
He explained that before selling any land or house, the company would have ensured that all the documents have been perfected.
This singular effort, he said, has removed any fear or doubt the subscribers, customers might be having concerning their investment.
“We also have synergy, we ensure that our subscribers get mails and their documents both hard copy and soft via emails,” he stressed.
Earlier, the managing director/chief executive officer of the company, Mr. Samuel Babajide Oni, said the management has been able to implement certain strategies ranging from mass construction of buildings to introduction of installment payment plan, bulk purchase of building materials, instant allocation of houses or plots of land and flexible mortgage plans to the admiration of its numerous clients/customers.
These strategies, he said, have led to the expansion and development of mass buildings in Alagbado-IItele and Awoyaya-Lekki estates, less than one year of its existence
He said, “What we have implemented in our services and products is mass building. When you are talking of mass construction, it takes out the risk of effects of inflation. We have been able to implement certain strategies in terms of ensuring affordability by providing installment payment plans which are more convenient.”
