Land

You can now own a plot of land in Festac (Phase 2), Festac Town, Lagos very easily and conveniently. Buy now and spread payment for up to 20 months if you wish.

About The Developers of this Property

Perfection Real Estate Investors Cooperative Society is an independent membership-based real estate club whose core purpose is to empower people financially and to provide solutions to real human problems in the real estate sector of our economy. We are on a rescue mission to make home ownership and participation in the real estate sector more accessible to Nigerians. We have partnered with various local and international companies, like Imperial Homes (former GT Homes) as the official mortgage partner and Betoniq Ltd (a German company which uses precast concrete to build highly durable and cost-effective houses) as the official construction partner, to provide affordable housing to low and average income earners.

About Festac Phase 2

Festac Phase II is a project conceived by the Federal Ministry of Lands, Housing and Urban Development through its implementing agency, the Federal Housing Authority (FHA). Learning from its experience in the Festac 77 Housing estate, which was directly constructed and administered through the Federal Housing Authority, the Federal Government decided to invite bid from the Private sector to develop the Festac phase II project and thereafter manage the estate on a build, operate and transfer (BOT) concession. New Festac Property Development Company Limited won the bid as the preferred Concessionaire in 2006 and has put in a lot of effort in getting the project off the ground.

Following the approval of the Federal Executive Council (FEC), the Honourable Minister of Lands, Housing and Urban Development signed a record-breaking Concession Agreement with New Festac Property Development Company Limited (NFPDCL), an indigenous Real Estate Company, to bring to fruition, a decade-old dream of a world-class city known as IMPERIAL CITY, complete with the best layout, planning, infrastructure and all the ultra-modern amenities on 1,126 hectares of land in FESTAC TOWN, Lagos State. The Festac Phase II project is located beside the present Festac Phase I in Ado Town.