8Yrs @IAS Unique Homes & Property: 20,000 become landowners, 350 build dream houses – CEO Adelani

Celebrating a milestone in just eight years of a remarkable real estate adventure at the IAS Unique Homes and Property, Mr Ayobami Adelani, the Chairman and Chief Executive Officer disclosed that more than twenty thousand (20,000) individuals have become landowners while 350 persons have built their dream houses.

Adelani said IAS, founded June 6, 2016 in no time become a household name following its great impacts on the lives of the people of the state and beyond.

CEO IAS Unique Home & Property, Mr Ayobami Adelani

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Speaking during an interview with newsmen to mark eight years of turning tenants to landowners and landlords respectively, Adelani described the journey as challenging and worthy.

Reflecting on IAS’s journey in the last eight years, the CEO mentioned the challenges of low sales and the difficulties in paying investors on time.

However, he expressed pride in the company’s achievements, such as the successful development of major projects like the Nig​eria Immigration Treasure City in Wasinmi, Ogun State, and the IAS Garden City near Alamala barracks.

Speaking on the nation’s real estate sector, Adelani, because of its worthwhile nature, emphasized the need for everybody to priotise owning at least an affordable house, be it as a form of secured accommodation or starting point in real estate business.

The experienced realtor noted that the current economic conditions in Nigeria, particularly the rising costs of building materials like cement, have significantly increased the cost of construction and slowed down the sales.

“The economic reality is really affecting construction,” he said.

He urged the government to continue supporting housing projects that are affordable for all citizens, not government employees only, calling on the

Nigerian government to collaborate more closely with legitimate real estate operators in addressing the country’s significant housing deficit.

“Affordable housing”, according to Adelani, can help reduce crime rates by increasing homeownership among the population.

Strategies for Affordable Housing

Adelani proposed that the government should collaborate with registered and efficient real estate companies to create affordable housing.

He suggested a model by which the government can fund specific building projects managed by real estate firms. “For example, if twenty (20) real estate companies in Abeokuta were asked to build one thousand (1,000) houses each, we would handle it well,” he submitted.

This collaboration could significantly reduce the housing deficit and prevent building collapses, ensuring safer living conditions.

When asked about the association of real estate with money laundering, Adelani acknowledged that influential individuals, including political leaders, are involved in real estate investments, clarified however that the investments are not necessarily from illicit funds.

“The Economic and Financial Crimes Commission (EFCC) now requires approval for opening bank accounts for real estate companies, which helps ensure the legitimacy of transactions”, Adelani explained.

Tackling Fraud in Real Estate

Adelani addressed the issue of real estate scams, emphasizing the importance of honest incentives for customers when he said, “IAS Unique Homes and Property offers bonuses and gifts to clients, but ensures these are transparent and proportionate to the purchase value”.

He advised companies to be cautious in their promotional strategies to avoid misleading customers.

For property management, Adelani explained that IAS organizes group chats for new buyers and existing homeowners to maintain and supervise their properties.

Highlighting the IAS’s commitment to integrity, which has helped build a solid reputation over the past eight years, Adelani said, “our clients can bear witness”, persuading every potential customer to patronize IAS Unique Homes and Property, as he assures them of transparency and fairness.

Adelani praised the Ogun State government, particularly Governor Dapo Abiodun, for their support in protecting buyers’ land and fostering a conducive environment for real estate businesses.

He expressed optimism that with continued collaboration between the government and real estate companies, the housing deficit in Nigeria could be significantly reduced, making homeownership a reality for more Nigerians.