Homehunt International Berths in Abuja to Improve Real Estate, Solar Power Energy

By: Michael Mike

HomeHunt International has berthed in Abuja to compete in real estate and solar power energy.

The company who had for sometimes established in Lagos decided to open a branch in Abuja, the Federal Capital Territory to bring innovation into the real estate business and make available the best solar power hydrogen generator.

Speaking at the launch of the branch office in Abuja, the Executive Officer of HomeHunt International, Mr. Olayinka Aroyenu disclosed that the company is into solar-powered products with lithium-ion batteries.

He explained that lithium-ion batteries are docile, environmentally friendly. It’s not corrosive. It does not have any issues with the environment, and gives a compact product that is devoid of any problem.

He also said that it is more durable compared to any other battery powered generators.

He disclosed that the company has recorded success stories in Lagos, hence the need to expand into Abuja.

Aroyenu said the company is in Abuja to provide comfort and ease, noting that there are a range of products, from the small products that people want to use for their one room to the large products.

He explained that they do not sell products with gel batteries, lead batteries or any other battery type.

While highlighting the dangers of lead batteries, noting that “lead batteries are explosive, insisted that they are not very good for the environment.

He said: “The gel batteries, like the batteries you use in your cars, are very corrosive. And they can cause harm to kids in the house if they by accident touch it or have any effect around it.”

On the affordability of their product, he said/ “We are trying to work with a few financial businesses, banks and financial providers to provide the opportunity for instalments.

“ So that people can pay in instalments. Because you know that the only cost that is heavy when you buy a solar product is the first cost. You don’t buy fuel, you don’t buy oil, you don’t buy anything, we want to alleviate the sufferings of Nigerians.
“And we also provide the opportunity where you can actually even pay in instalments.”

He revealed that: “We are in discussion with some financial institutions. But the stumbling block is we want to make sure that those financial institutions are not charging high interest. Very low interest so that Nigerians can afford it and can afford to pay back easily.”

On the real estate business, he said the company has developed a dedicated app for would-be investors or prospective buyers of landed properties.

According to him: “ In our real estate business, we have an app, a dedicated patented app called the Home Hunt app, that provides an online marketplace for people to buy properties and people to sell properties.

“We have a partner bank, Brent Mortgage Bank in Victoria Island, Lagos, that holds the money in trust for the buyer, ensuring that the transaction is fully completed before releasing money to the seller. You all know that when you pay an agent, that’s when stories start to occur.

“The fact that you are paying the money to the bank, and the bank is holding the money in trust for you, and our legal partners, Pave Stone and Ikoi, will then do a full verification of all documents, you are now assured that if anything is wrong with the transaction, you’ll get your money back fully.

“And this is extremely attractive for Nigerians in the diaspora who want to invest in Nigeria. The only issue affecting Nigerian real estate is trust.”

He stressed that the real estate industry is one of the biggest in the world, but the business has been hampered in Nigeria by lack of trust, stressing that is why international investors do not come to Nigeria.

He said: “But if we can eliminate fraud and increase the ability to trust our systems, we will be able to do more transactions.“

Homehunt International Berths in Abuja to Improve Real Estate, Solar Power Energy