A Real Estate Developer, Royal Palm Villa has announced plans to adopt Resource Recovery and Reuse (RRR) philosophy in its real estate business.
The developers led by the Chief Executive Officer of Jofame Integrated Limited, Mr. Gideon MfonAbasi revealed this on Friday while giving insight into the ongoing green compliant, affordable, energy-efficient and tech-driven estate in Uyo, the Akwa Ibom State capital.
He said the estate located on a prime 3.67-hectare land, close to Ibom Icon Hotel and Golf Resort, is designed to manage its sewage and organic waste without the need for heavy electromechanical components.
He noted that such would reduce carbon foots in the state in response to SDG Goal 6 which aims to ensure availability of sustainable management of water and sanitation adding that the unique essence of the Royal Palm Villa was to democratize real estate and make it available to more people.
Flanked by one of his lead partners Mr Fortunate Lucky Ototakovie of Sublinktech Nigeria Limited, the CEO pointed out that the Estate draws strength from the company’s successful track record, having implemented similar projects along Lekki-Epe Expressway, Igbeju-Lekki, Ajah, and other locations in Lagos Nigeria.
His words, “Convenient luxury is the guiding principle for Royal Palm Villa as It represents a luxury approach that suits varying tastes.
“It’s a first of its kind in Akwa Ibom State we are building a green compliant residential estate and we intend to work with International Finance Corporation to own a green compliant technological earth certification.
“We are working on a residential estate project that is going to be tech-driven, energy efficient and fully serviced and gated.
“In the last few years we have looked at the state and see that the real estate business is non-existent or primarily for the billionaires to benefit from, but in reality, real estate is meant to be something for everyone and what our company is seeking at doing is to democratize real estate and make it available to more people.
“Our company is committed to open up more space and challenge the statue-quo and be able to bring wealth to a greater number of Akwa Ibom people.
“We also believe that creativity and innovation is birthed in a serene environment and our commitment is to bring that kind of environment to Akwa Ibom State, where services work, where you are not bothered on how to get power.”
