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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Powell Homes Launches ROME Initiative With Discounts of Up to 10% on Property

From ThisDay · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

Press release Named sources New plan
  • Nigerian developer Powell Homes and Shelters launched the Real Estate Ownership Made Easy, or ROME, initiative at an event in Enugu attended by more than 1,200 people.
  • Buyers can purchase a plot at the companyโ€™s Glory Layout estate for โ‚ฆ1.5 million, with payment plans lasting up to one year.
  • Full-payment buyers receive a 10% discount, while installment buyers receive a 5% discount, with the initiative scheduled to end on September 30, 2026.

Powell Homes and Shelters is offering property buyers discounts of up to 10% under a new initiative designed to make land ownership more accessible across Nigeria.

The company launched its Real Estate Ownership Made Easy program, known as ROME, at the International Conference Centre in Enugu. More than 1,200 people attended the event, including investors, realtors and other property-sector participants.

Managing Director Chibuikem Onyekachi Emmanuel said the company wants willing clients to become landowners. The initiative covers plots at Glory Layout, one of the companyโ€™s newest estates in Enugu. Powell Homes currently sells the plots for โ‚ฆ1.5 million and offers a payment plan lasting up to one year.

This is one of the best things that can happen to anyone who wants to own properties through us.

โ€” Chibuikem Onyekachi EmmanuelThe managing director described the new property initiative to reporters.

Customers who pay in full receive a 10% discount. Those who pay by installments receive a 5% discount over the one-year period. Emmanuel said the discounts are separate from the usual commissions paid to agents, realtors and staff who attract customers. The incentives will apply as long as payments fall within the initiativeโ€™s stated period, which ends on September 30, 2026, with no extension currently planned.

โ€œThis is one of the best things that can happen to anyone who wants to own properties through us,โ€ Emmanuel said. โ€œWe want people to start owning properties irrespective of their financial status.โ€

Nollywood actress Patience Ozokwo, the companyโ€™s brand ambassador, endorsed the initiative and urged potential buyers to use the time-limited offer. She said her confidence in the company rests on what she described as its integrity, adding that she would leave if the company began to act improperly.

We want people to start owning properties irrespective of their financial status.

โ€” Chibuikem Onyekachi EmmanuelHe explained the companyโ€™s stated aim of broadening access to property ownership.
About this summary

Originally published by ThisDay in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.