The Paramount Ruler of Saki, Oba Khalid Olabisi, has advised residents and citizens of the community to invest in real estate, especially Chief Michael Adeniyi Koleoso GRA, Saki rather than opting for quick-win projects and money savings. He made this call at the Project Breakfast Get-Together of Chief Michael Adeniyi Koleoso GRA in Saki, hosted by Tinath Realties & Investments Limited.
“Real estate is a money-making machine, rather than investing in short-term investments that cannot guarantee the future,” Oba Olabisi said. He urged well-to-do individuals in the society to seize the opportunity to buy land and invest in the estate, citing his own experience in investing in real estate.
The Okere, who is the royal father at the event, also highlighted the potential of the Ibadan circular road interchange, saying it presents a lucrative investment opportunity. He shared his experience of investing in the first-ever private estate at Ikoyi in Lagos State, and how it has yielded positive returns.
“The GRA is a source of employment, as it would create job opportunities, especially for semi-skilled labor,” he added.
In his opening remarks, the Chairman of Oyo State Pension Board, Alh. Rafiu Adekunle, emphasized the importance of investing in real estate for a secure future.
The MD/CEO of Tinath Realties, Dcn. Kola Abimbola, presented a comprehensive overview of the project, highlighting its benefits to the community’s growth, security, and development. He showcased a 3D template of the project, which includes an existing artificial dam within the 102 hectares GRA that will now host an urban farming, agroresorts and Hotel facilities.
The National President of Saki Parapo, Elder Wole Oladokun, presented government allocation letters to the first allottees.
In his keynote address, the Commissioner for Trade and Investment, Hon. Adeniyi Adebisi, encouraged people to adopt a developmental perspective, rather than viewing issues through a religious lens. “People should be ready to change the narrative for development to thrive in the community,” he said.
Speaking on behalf of the first batch of allotees of the Estate, Alhaji Saka Ayiki Popular commended the project developer for their forthrighteousness in delivering good value for their investments as their investments have seen over 100% capital appreciation within the last one year. He used the occasion to admonish the CEO of Tinath Realties on the speedy completion of the Proposed Tinath University, Saki campus so that the proposed higher institution can take off on time.
Other signatories at the occasion are representatives of First Bank, Zenith Bank, Nigeria Bar Association (NBA) Saki Branch, Nigeria and Nigerian Institute of Estate Surveyors and Valuers.
In attendance also are the Okere of Saki in Council, the Oloje of Oje-Owode In Council and the Ajoriwin of Irawo in Council