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He said faced with the competing demand and limited resources, ''we are focussed by prioritising our programmes and redirecting the implementation of our housing programmes to private sector participation in the provision of mass housing.
We are convince that the future of housing delivery should be private sector- driven with government strengthening the operational environment and legal framework for private sector participation.''
The governor stated that such collaboration with the private sector would not just ensure the provision of sustainable human settlements, but would also increase productivity, reduce operation cost and attract private capital.
According to him, the result is that the public got quality and affordable houses and the private sector , new business opportunities.
Fashola said over the years, the sectoral challenges that bedeviled housing delivery propgrammes was rooted in lack of finance and high cost of building and infrastructural development.
'' Out of these factors, finance is the most critical ; both for housing production and home acquisition . The mortgage market which should provide finance for home ownership had been stifled by federal laws and rates.
'' Furthermore, the neck breaking confidentiality and red- tapism involved in accessing mortgage loan had made it unattractive,'' adding that towards this, the Lagos State Mortgage Bill was promulgated .
" In order to further regulate aspect of consumer loans acquisition of property in the state, we have concluded plans to set up Mortgage Board to give legitimate hope of home ownership to our people and ensure that low income citizens have access to these houses.''
Its very use full blog
ReplyDeleteWagholi has quietly shifted from being a distant eastern suburb into one of Pune's more talked-about residential corridors, and the transformation has been driven largely by improved road access, proximity to IT employment zones, and a steadily maturing social infrastructure. Schools, supermarkets, and healthcare facilities have followed residential demand in a way that makes the locality feel considerably more settled than it did even a few years ago.
ReplyDeleteFor anyone exploring 1 BHK options in this part of the city, Ivy Estate is a name that comes up consistently in buyer conversations. The project sits within Wagholi's broader growth belt, which means residents tend to benefit from the connectivity improvements the area has been seeing without necessarily paying the premium that more central Pune locations command.
What makes 1 BHK units particularly interesting here is the profile of buyer they attract — first-time homeowners, working professionals relocating to Pune's eastern tech corridor, and investors keeping an eye on rental demand from a growing working population nearby. Each of these groups has different priorities, which is why doing some background reading before shortlisting anything matters. If you want a broader breakdown of what the locality offers and what to look for when evaluating options, click here to explore a more detailed perspective.
Wagholi's trajectory suggests continued interest from developers and end-users alike, making now a reasonable time to research thoroughly.