At the heart of every dream home lies a vision of comfort, sustainability, and value—qualities that Nedcomoaks Group is committed to delivering. Over the weekend, at the much-anticipated relaunch of Victoria Garden City (VGC) in Elekon, the Group Managing Director of Nedcomoaks Group and CEO of Capital Gardens, Dr. Kennedy Okonkwo, underscored the company’s mission: to make aspirational living accessible for all.

“Aspirational living isn’t just about owning a house; it’s about delivering value in every aspect,” Dr. Okonkwo shared during his keynote address. “By partnering with Imperial Mortgage Bank and leveraging initiatives like Family Home Fund and NHF [National Housing Fund], we ensure that financing doesn’t burden our customers. Even pensions can now support property ownership, reflecting our innovative approach to accessible living.”

Building for the Future

The relaunch also showcased Nedcomoaks’ commitment to sustainable development. Chimeze Nwabugo, a member of the sales team, highlighted the group’s dedication to creating eco-friendly environments. “The estate is fully solar-powered, a deliberate move to reduce reliance on diesel generators and curb carbon emissions. Sustainability is at the core of everything we do, from tree planting to introducing solar infrastructure.”

The newly unveiled sample unit, a modern three-bedroom semi-detached loft, perfectly encapsulates this vision. With an open-plan kitchen, a terrace leading to a family lounge, and a starting price of ₦68 million, it offers both style and functionality. Flexible payment plans—ranging from installment options over 12 months to mortgage financing—cater to diverse customer needs, including those in the diaspora.

“We’re not just selling homes; we’re creating communities,” Nwabugo noted. “From tech hubs to artificial lakes, football pitches, and mini golf courses, every detail is designed to enhance the living experience. Whether you’re a business professional or a family seeking a tranquil space, this is where work-life balance thrives.”

A Booming Real Estate Sector

Dr. Okonkwo also celebrated real estate’s growing impact on Nigeria’s economy. “Real estate has overtaken oil and gas as one of the top three contributors to Nigeria’s GDP, alongside agriculture and food processing. This growth reflects the tireless efforts of realtors and developers who are reshaping the market,” he said.

For Nedcomoaks, the relaunch of VGC is more than just a milestone—it’s a testament to the company’s vision of redefining housing in Lagos and beyond. “We’re addressing housing deficits by providing sustainable, desirable homes for those climbing the income ladder. Our goal is to deliver the ‘Banana Island experience’ at Idera, making luxury accessible without the stress,” Nwabugo added.

A Wise Investment

For customers contemplating real estate investments, the potential for financial growth is undeniable. “A property purchased for ₦68 million today could appreciate to ₦80 million within months,” Nwabugo explained. “Beyond personal use, these homes can become assets that sustain lifestyles, pay for children’s education, and fund travel plans.”

With a robust housing portfolio, innovative financing options, and a commitment to sustainability, Nedcomoaks Group continues to set the benchmark for aspirational living in Nigeria. As Dr. Okonkwo aptly put it, “The buildings we create are not ours; they belong to the people who trust us to turn their dreams into reality.”

For those ready to embrace a new standard of living, the doors to Victoria Garden City are open—welcoming families, professionals, and investors into a community built on value, innovation, and sustainability.

Affordable Luxury: Nedcomoaks Group combines style, value, sustainability

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