We are strategically positioned in Nasarawa as the agricultural hub of Nigeria to show case her rich arable lands and attract investment into the State. The residential and retail real estate market segments are driven by Nigeria’s growing population, increasing rural-urban migration, rising consumption and a growing middle class. Residential and Retail Segment in Nigeria has an affordable housing deficit of 17 million houses estimated at US$363 billion. This number is expected to increase by 2 million houses per year at the current population growth of 2.8% per year. The mortgage market remains small, underdeveloped and costly, with interest rates ranging from 18-30%, and tenors of 1-6 years. Ratio of outstanding mortgages to GDP stands at 0.6% compared to 50% in Europe.Zig properties is poised to fill this gap.
