Land Banking: The Sustainable Way To Make And Retain Wealth In A Volatile Economy

By Dr. Babatunde Adeyemo

Charting a path for wealth-making or financial security today and tomorrow is one thing only a few make a conscious effort to pursue and achieve. The majority think financial security comes with luck, quick fixes or by inheritance.

Yes, some riches have come by way of good fortune and inheritance but a closer look at the beneficiaries of such accidental wealth often reveals that one can count them off one’s fingers. They are always few compared to the general population. They rarely make the top 25 list of wealthy or financially secure persons by any standard rating from an agency or organisation around the world such as Forbes or others before it.

 

But striving to attain a state of financial security is not to be rated by Forbes or any person. It is to come to a state of life where you would not have to fear or worry much about the movement of the price of things one needs. It is coming to that experience of a restful mind where you would be able to pay for the needs of day-to-day living and more as they come without inner turmoil, whether in one’s active life or retirement.

One of the ways someone can make a life wealth that brings financial security even for your unborn generation to come legitimately is to look in the direction of land banking and real Estate marketing system and consider it. This is a hypothesis that has been tested many times with a valid point

A handy case in recent times in our clime is the story of Pelican Valley Estate. In the last five years, it has accommodated clients from Diaspora and within the country, either to invest in real estate, do Land Banking or real estate marketing with the leading real estate company in Ogun, Southwestern state of Nigeria.

Pelican Valley Estate situated at the Laderin – Abeokuta axis of the state is the first baby of Pelican Valley Nigeria Limited, a foremost real estate firm. Other products from the stable of the real estate company are Pelican Brief, Pelican Streamview, Pelican’s Ecostay Apartments and Pelican’s Greenish Acres Farm Estate – these additional four estates are all located within the Laderin-Kobape – Masa corridor of Ogun.

Plan and Layout.

Interestingly too, Pelican Brief Estate was conceptualised to become a Smart City, the Dubai of Nigeria in the Masa – Kobape axis of Ogun State, and the bold initiative was also expected to generate no fewer than 600 direct and indirect jobs as well as revamp the socio-economic development of the area.

Expectedly, the estate would host the corporate headquarters of the Pelican Valley Nigeria Limited, a purpose-built lounge, Restaurant, mini club and a resort for short-time Airbnb Lodgers.

Dr Babatunde Muritala Adeyemo is a journalist, a multiple-award realtor, an anti-corruption ambassador, a role business model and a family man, who writes from Abeokuta, the Ogun State capital.

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