Desirable cities in growing regions either add housing rapidly or become unaffordable to most and socially inequitable. It’s that simple. Limiting housing supply is what drives out the poor. Cheaper solutions would be a no-brainer for cities, especially as so many of them are trying to build more housing that can help keep growing populations of middle- and lower-income residents from leaving.

Considering the distinctive feature of housing accommodation in virtually all densely populated urban areas around the world. In contrast with low-rise and single-family houses, apartment blocks accommodate more inhabitants per unit of area of land and decrease the cost of municipal infrastructure. The simple truth is that if you want home prices to drop or even just level-off, the only way to do this is to build more high-rise buildings.

We are proud to announce that COTEA International Nigeria Limited is embarking on the development of Abuja’s first modern state-of-the-art residential Condominium Towers, “the Presidential City” in the Federal Capital Territory.

The first phase of the project involves the development of approximately 1,946 housing units made up of twenty (20) mixed-use iconic towers of twelve storeys each which has large Commercial Areas, Studio Bedroom-, One Bedroom-, Two Bedroom apartments and Three Bedroom Luxury Roof-top Penthouses. Other building types are; Maisonette (Type-A, B and C), Four Bedroom Semi-Detached Duplex and Five Bedroom Detached Luxury Duplex.

The Presidential City will also have retail space, mini Golf Course, other Recreational Facilities, Uninterrupted Power Supply, Shopping Complex, top of the range Security Systems and Comprehensive Facility Management.

The development will be like no other of its kind in the Abuja Federal Capital City. Not only do we intend to provide amenities that are environmentally friendly, but we will also establish a world-class maintenance culture that will ensure that this wonderful edifice remains in optimal functional and aesthetic condition well into the future.

Our investment in this flagship project is further evidence of our full commitment to playing an active role in the realization of the Nigerian Government’s policy thrust, public and private partnership aimed at driving Nigeria’s economic growth and positioning her as one of the leading 20 economies in the world by the year 2020.

Zaheer U. Khan
Managing Director/CEO
COTEA International Nigeria Limited.