Developer excites buyers with jumbo discount on housing, land prices

For Nigerians seeking to own houses or land, an opportunity to buy has opened as T. Pumpy Concept Limited, a real estate investor and developer, has announced a special 60 percent discount on the prices of its estates in Abuja under an initiative it calls ‘Magic Promo.’

The promo will run from December 15, 2025, to January 7, 2026, covering eight estate locations across the city, including the rapidly developing and attractive Idu Gousa district.

Akintayo Adaralegbe, the company’s chief executive, explained that “the promo represents another bold step by T.Pumpy to make land ownership more affordable for Nigerians, especially at a time when many find it increasingly difficult to secure property in the Federal Capital Territory (FCT) due to rising costs.”

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Adaralegbe noted that, for many years, land has remained unaffordable for a large number of Nigerians, but as a developer that genuinely cares about the housing aspirations of the people, it has consistently subsidised the prices of its lands to make homeownership easier.

He added that the Magic Promo is a continuation of the company’s long-standing commitment to affordability, transparency, and customer-centered real estate solutions.

“All lands under the promo are genuine, properly verified, and come with all the required legal documents, giving subscribers full confidence and security,” he assured.

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The estates are located in safe, serene, and strategically positioned environments, with ongoing infrastructure development such as access roads, drainage systems, perimeter fencing, and other essential amenities necessary to guarantee livable and future-ready communities.

“This offer is a rare opportunity for buyers to benefit from massive price reductions that significantly lower the barrier to land acquisition in the nation’s capital,” he said.

SENIOR ANALYST - REAL ESTATE

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