AYEGBAJU INTERNATIONAL MARKET

AYEGBAJU INTERNATIONAL MARKET

PROJECT NAME: AYEGBAJU INTERNATIONAL MARKET
LOCATION: OLD GOVERNOR’S OFFICE AREA, OSOGBO.
SITE DEVELOPER: EDWARD KONSULT LIMITED

Brief History

Ayegbaju International Market is a concept jointly conceived by the state government of Osun and Edward consult limited, an estate developer as a form of (PPP). The project is to make available offices and shops to interested persons trading and other businesses. Omoluabi Mortgage Bank Plc.in 2013 outrightly purchased 100 units of the lock up shop as a way of providing mortgage facilities to prospective shop owners.

TYPE OF SPACE ACQUIRED: Lock up shop
AREA: 11sqm
SALES PRICE: NGN682,500 each
TOTAL UNIT PURCHASE: 100 Units
PURCHASING FORM FOR OUTRIGHT PURCHASE NGN3,000
MORTGAGE FORM NGN4,000
TOTAL AMOUNT: NGN55, 000,000.00

ZONING ARRANGEMENT

A. CLOTHING 50
B. FOOD ITEMS 15
C. ELECTORNICS 5 5
D. SUPERMARKET 15
E. BUILDING MATERIAL 5
F. HOUSEHOLD UTENSILS 10

However, Omoluabi Mortgage Bank Plc. has been selling out rightly and creating mortgages for buyers at the rate of NGN 682,500 (Six Hundred and Eighty Two Thousand and Five Hundred Naira only) and lending to at 18% rate after equity contribution of 20% for borrowers.

Project Pictures
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