City of Light introduces ‘buy and build’ at Nova Ridge
A special cocktail evening to further educate new and prospective clients on the concept of the Nova Ridge enclave set within Appolonia-City of Light was held at the Appolonia Offices at North Ridge-Accra. The event was well attended by entrepreneurs, representatives and employees of corporate institutions and prospective investors.
The evening served as a platform to present the concept of ‘buy and build’ to potential clients. A departure from the norm in Ghana, it affords owners the opportunity to build to their own taste and lifestyle without compromising on quality, available infrastructure, sustainability or security. The end product is obtaining the full benefit of urban life at a comparatively lower cost.
“This event is just the beginning of such interactions with the general public and will be a recurring feature over the course of the year.” said Mr. Anthony Okyere, Director of Appolonia Development Company “Developments such as the City of Light are vital to the progression of urban Ghana and we are delighted to present Nova Ridge as a unique opportunity in the market.”
Current progress on infrastructure at the City of Light includes the installation of a 33kVa substation and the construction of the Nova Ridge gatehouse. Further work on infrastructure such as roads and sewerage network are well underway.
Attendee, Mr Boham said “I was impressed to see the quality of development at Appolonia. It is nice to see that this can be achieved in Ghana and I was particularly interested in the idea of buy and build. When you sit down to do the math, and you have the future in mind, you realize it’s a great investment.”
The cocktail was concluded by showing a drone video of Roma Park; a similar project undertaken in Lusaka, Zambia by Rendeavour, the mother company of City of Light. Roma Park’s highly successful residential phase has nearly sold out, and prices since launch in 2011 have increased by 129% with all infrastructure now complete. With over 12,000 hectares of urban development in Ghana, Kenya, Nigeria, Democratic Republic of Congo and Zambia, Rendeavour, Africa’s largest urban land develop has set itself apart as a key advocate and investor in the development of urban centres across the continent.