The Managing Director of AKMODEL Groups, Bldr. Abdulhakeem Odegade has met the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi to receive blessings and get insights into the real estate business in Nigeria.
Odegade who is a passionate registered builder in the Lagos branch of the Nigeria Institute of Builders and a real estate developer, said that AKMODEL Groups is out to fill up a major housing deficit in the country through real estate development and construction, sticking to the real estate industry’s best practices and influencing others to do same.
According to Bldr. Odegade, who studied building technology at the Federal Polytechnic of Ede, the Ooni of Ife is a globally renowned monarch, father, mentor, and, interestingly, an expert in real estate investment.
“The Ooni of Ife is a globally renowned traditional ruler, a father, a mentor, and interestingly an expert in real estate investment.
“He is therefore a force to be reckoned with. Visiting him allowed us to tap into his wealth of knowledge and connect with his vast network of global investors.
“Above all, we trust that his mentorship and blessing will take our organization to the next level of exceptional success.
“His Imperial Majesty is a super amazing King. The time of visit with him was full of counseling and guidance. There was a lot to take home, but above all is good character crowned with humility.
“The real estate industry is currently going through a phase where stakeholders can keep up only if they constantly think outside the box.
“The state of the economy is dealing a deep dent in the industry. A lot of policies are not in favor of real estate business transactions, low foreign exchange, its daily skyrocketing exchange rate against the naira affects transactions directly, a Steady drop in the quality of building materials, etc.
“Be that as it may, we continually shatter the box and think out new solutions despite the biting economy,” he said.
He also advised intending real estate developers to always be honest and value integrity.
“One thing that is clearly missing in the real estate industry is honesty and integrity. A lot of people go into the real estate business for the money and not to proffer housing solutions.
“It accounts for deception in the marketing of waterlogged land as dry land, selling poorly built houses as nicely built and finished, and so on.
“So for anyone venturing into this industry, be determined to be known for transparency, be a person of integrity, create a brand that your clients can trust and refer others,” he concluded.
