Real Estate investment in rural areas will decrease urban migration —Olowu of Kuta

Abimbola Abatta, Osogbo

Real Estate Developers have been urged to invest in rural areas as this will trigger the migration of people back to the rural areas.

Olowu of Kuta in Osun State, Oba Adekunle Oyelude made the appeal at the flag-off ceremony of Ajisope Golden Estate located along Ikirun road, Ota-Efun.

While noting that investing in rural areas will bring back people from urban areas, the monarch said, “This is a new innovation in Osun State. There are lots of private estate in the country, but they lack correspondent planning.

“The C.E.O is introducing a new dimension into real estate. He has a clear mission and he has said he only wants duplex without any alteration. This will also beautify the Osogbo structure.

“The innovation will draw the State government and other big-time players in the real estate sector to partner with the firm.

“I wish other people will emulate and built even in the rural areas so that there could  be urban migration back to the rural area.”

On his part, the C.E.O, Alh. Adeoye Abdulkabir Ajisope said the estate, which will be equipped with state of the art facilities, will not only beautify Osogbo but also take real estate into a new dimension.

He said the estate will house duplexes with tarred roads, drainages, street lights and security gates with occupants having their deed of assignment.

In his words, “This estate will be the first of its kind in the state and I can assure you that it will have state of the art facilities. We are doing this not only to beautify Osogbo state but also to take real estate to another dimension.”