A relatively young property development firm, Dradrock Real Estate Limited, has canvassed all-inclusive innovation in real estate development, saying that deploying cutting edge innovation and technology to accelerate quality service delivery through seamless customer experience is the way to achieve real estate sector growth.
Oladipo Idowu-agida, the firm’s CEO, stated this in an interview on the sideline of African Real Estate Conference and Awards (AFRECA’19) that took place in Lagos recently.
In his presentation titled ‘Future of the Nigerian Real Estate Sector: Harnessing New Innovations, Idowu –Agida noted that the 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 20million new homes compared to what it needed in 2012.
As a solution, he advocated innovations that will include deploying the right people, effective cost management, specialist skills and entrepreneurship, government partnership and global network.
He disclosed that Dradrock was established in 2017 to tackle the housing deficit in the country, pointing out that, though the core of its services is in real estate developments, the company also delivers unique master-planned lifestyle affordable options, through its various products such as Annapolis courts, Annapolis Gardens, Annapolis Residence, and Pacific Manor, amongst others, stating 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 is still spurred to do more. Business day