ASO Savings & Loans Set To Commission N10bn Karsana Estate

ASO Savings and Loans Plc. with its partner, Global High Property Development Company is set to commission the N10 billion ASO Garden Estate, Karsana, in Abuja.

The Residential Estate, conceived by Global High Property Development Company was totally financed by ASO Saving and Loans Plc.

ASO Garden Estate consist of 249 units made up of 129 units of 2 bedroom apartments, 117 units of 3 bedroom apartments and 3 units of 4 bedroom terrace houses and associated external works. Total construction cost of the Estate is put at N10 billion.

The estate, which is located on a 5 hectare site after Gwarinpa along the Kubwa Express Road beside the Papal Grand within the Karsana East District, is part of the Abuja Phase IV.

ASO Savings and Loans Plc. is a Primary Mortgage Institution, PMI, with a vision “to be the Mortgage bank of choice”.

Risikatu Ladi Ahmed, Executive Director, Corporate Services Directorate of the Bank said the successful completion of the Estate lends a further testimony to ASO Savings’ vision to be the Mortgage bank of choice in Nigeria in terms of client service and housing provision for the citizens.

She said: “The successful completion of this project in spite of the daunting challenges due to the difficult operating environment attests to the doggedness of our management team and our never say fail spirit no matter how intimidating the odds are. We are determined to continue to make the expectations of our stakeholders.”

The 249 units ASO Garden Estate, Karsana, which is billed for commissioning the second week of April, is fully subscribed.

With this estate, ASO Savings and Loans Plc. and Global High Property Development Company have jointly delivered to subscribers a modern community with all the facilities and infrastructure to make a home truly a place like no other place.

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