Tuesday, November 12, 2013

The Unique Property Development Opportunity Close To The New Greater Port Harcourt City

The Unique Property Development Opportunity Close To The New Greater Port Harcourt City


Port Harcourt City is growing! Most Estate Valuers have rightly predicted, that it path of growth is likely to skew North from the city capital. There are several reasons that led to this conclusion.

One of the reasons is the ongoing construction of the Greater Port Harcourt City at Igrita – an area perfectly positioned at the center of the state, connecting 3 neighboring states viz Bayelsa, Imo and Abia.
Other reasons include;
• The nation’s third busiest Airport – Amagua International Airport, is located in this area.

• Most faith base organizations with membership strength of over 3 million followers, are currently establishing their head-quarters in this area, e.g. Salvation Ministry, Greater Evangelism World Crusade etc.

• The predicted influx of students to this area due to the ongoing construction and establishment of 2 world class universities – RSUST and the proposed Salvation Ministry University within this area. Some educational analyst believe that both will have the capacity to annually admit/enroll 1.5% of the over 900,000 annual JAMB University applicants nationwide.

• The Rumu-okoro and Igrita location serves as a convenient link to other local governments in Rivers State
• This site is also one of the most preferred residential development areas for the city growing middle class population.

MAJOR PROPERTY DEVELOPMENT OPPORTUNITIES IN THIS AREA
The need to provide conducive accommodation for the increasing numbers of people moving to this area; can be met in the following ways: the development of;
• Detach Rental houses
• Single Apartment buildings
• Residential estates
• Office buildings
• Shopping centers
• Hotels
• Restaurants
• Events centers
• Recreational centers
• Entertainment centers
• Primary and secondary schools
• Hospitals
• Churches
• Mosques
• Retail and wholesale buildings
• Warehouses and
• Light industries

Remember it's only an opportunity when you act on it!

Contributed by
Nelson Ogbonda CEO
Rivers Property Exchange.com

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