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12.10.2015 Business & Finance

Appolonia, City Of Light Open Day Receives Massive Patronage

Appolonia, City Of Light Open Day Receives Massive Patronage
12.10.2015 LISTEN

12th October 2015, Accra, Ghana: An Open Day held by Appolonia, City of Light, the mixed-use urban development near Accra, attracted large crowds at the weekend to Appolonia’s fast-selling Nova Ridge residential community.

The Appolonia sales teams presented the entire project concept to clients with buses used to provide tours around the site, so buyers could experience at first hand the infrastructure already on ground. 25 visitors took advantage of the special offers available and purchased plots, with Phase 1 now being almost sold out.

Attendees of the event included a range of buyers and stakeholders from all areas of Accra including the Chief and Elders of the Appolonia Community, together with their retinues.

Mr John Amuah, a prospective buyer attending the event, seemed delighted at the infrastructure on ground: “Appolonia is fantastic! With the recent rains I was concerned that like much of Accra the place would be flooded, and was greatly surprised to see the land was dry.”

The event also witnessed the participation of other industry players, such as home financing companies Ghana Home Loans and HFC Realty, the landscape architect Calcos, the building architect De Arc and building contractors Eban and New Africa Construction Company Limited. These companies and others are working alongside Appolonia to help Ghanaians make their dream homes a reality.

By the end of 2016, land values and demand for land at Appolonia are expected to more fully reflect the “advancing” nature of the project, according to Rendeavour, Africa’s largest urban land developer and the main partner in the project. By then, many areas will have started full construction, including Appolonia’s recently announced second residential development The Oxford, as well as Nova Ridge individual houses, schools and retail.

Nick Langford, Country Head for Rendeavour, remarked on the work done by the team. “This is the culmination of four years of hard work carried out by a dedicated team of real estate professionals, and the delivery of Rendeavour’s mission to create mixed-income, mixed-use developments across Africa. The first building blocks are now being laid for the creation of urban developments of high quality with superior infrastructure.”

About Appolonia - City of Light (www.appolonia.gh.com)

Appolonia is a 941-hectare, mixed-use urban development carefully planned for residential, commercial and light industry purposes - in a space integrated with schools, retail facilities and family parks. Located 25 km from Accra’s Central Business District, Appolonia - City of Light will become home to 88,000 residents and 30,000 day visitors, creating a live-work-play social and economic hub that eases the burden of urbanisation on Ghana’s capital.

About Rendeavour ( www.rendeavour.com )

Rendeavour is Africa’s largest urban land developer with over 30,000 acres of visionary projects in the growth trajectories of large cities in Kenya, Ghana, Nigeria, Zambia and Democratic Republic of Congo. Rendeavour’s vision goes beyond alleviating what is a self-evident problem – that of stifling urban congestion and a dearth of quality housing and commercial property in Africa. We aim to help create the infrastructure – the living and working spaces, communities, schools and hospitals – that will help sustain and accelerate Africa’s economic growth, meet the aspirations of Africa’s burgeoning middle classes, and serve as a catalyst for further urban development.

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