The Dradrock Estate Company has advocated an all inclusive innovations in tackling the housing deficits in the country, by deployment of cutting edge innovation and technology to accelerate quality service delivery through end-to-end seamless customer experience solutions in a way to achieve robust real estate sector.
These were the words of Oladipo Idowu-Agida, Chief Executive Officer of Dradrock Real Estate Limited, a fast-growing real estate firm located in Lagos, while speaking at side lines of the just concluded African Real Estate Conference and Awards (AFRECA’19) that took place in Lagos.
In his presentation titled “Future of the Nigerian Real Estate Sector – Harnessing New Innovations”, Mr. Idowu–Agida identified that there are huge housing gap that needed to be filled to forestall an impending housing crisis in the country.
According to him, “statistics point to the fact that by year 2025 Nigeria will need about 20 million new homes compared to what it needed in 2012”.
He then, advocated innovations that would include deploying the right people, effective cost management, specialist skills and entrepreneurship, Government partnership and global network to tackle the deficit
He added that, Dradrock Real Estate Limited was established in 2017 to tackle the housing deficit in the country, noting that the core of its services was in real estate developments.
He stated further that the Company was also to deliver unique master-planned lifestyle affordable options, through its various products, such as Annapolis courts, Annapolis Gardens, Annapolis Residence, and Pacific Manor, amongst others.
He added that in a short while, the company has been able to provide accessible real estate solutions in Nigeria with the highest possible standards and yet it was still spurred to do more.
He admonished other stakeholders in housing industry to come together to seek more ways of engendering sustainable economic development through the provision of affordable and qualitative housing for the people.