Real Forte Introduces Nova City, a New Model for Sustainable Urban Living

Folalumi Alaran in Abuja

While Nigeria grapples with a housing deficit affecting millions of citizens, one developer is rewriting the rules of affordable homeownership. Ayobami Folarin, CEO and Co-founder of Real Forte Estate Limited, has unveiled Nova City, a self-sustaining residential community that combines wellness-focused design with groundbreaking financing accessibility.

Located in Apo Tafyi, Abuja, Nova City represents a departure from traditional housing developments. The project is designed as a complete ecosystem where 300+ families can access not just homes, but a comprehensive lifestyle infrastructure including farmers markets, fully equipped gyms, EV charging stations, and other amenities.

“Nigeria doesn’t just need more houses,” Folarin explains. “We need communities that actively improve health, security, and quality of life. Nova City demonstrates what happens when you design for human flourishing, not just shelter.”

The development addresses a critical barrier in Nigerian real estate: accessibility. Through Real Forte’s pioneering 10% Homeownership Initiative, prospective buyers can secure properties with just a 10% deposit, dramatically reducing the traditional entry costs that price out middle-income families.

Folarin brings over a decade of real estate expertise to this vision, with educational credentials from Bingham University, the London School of Business and Finance, and specialized training from the International Career Institute (UK). Under his leadership, Real Forte has successfully delivered over 500 housing units across Abuja, building a reputation for consistent execution and value creation.

Real Forte’s portfolio includes strategic developments like Greenland Estate, The Glade, and The Oasis, all in Abuja, Nigeria’s Captial, each positioned in high-growth corridors that deliver long-term value appreciation for investors and homeowners.

Nova City integrates sustainability features including solar-powered street lighting, 24/7 electricity supply, and treated water systems. Security infrastructure and comprehensive CCTV coverage, and recreational facilities promote active community living. “Homeownership should be a right for every Nigerian, not a privilege for the few,” Folarin states. “Our 10% initiative opens doors that have been traditionally locked by prohibitive upfront costs.”

The project reflects Real Forte’s broader mission to reshape Africa’s real estate landscape through sustainable, community-centered development. As Nigeria’s urbanization accelerates, Nova City serves as a model for how developers can meet housing demand while elevating living standards. Real Forte Limited continues to expand its footprint across Nigeria, with current projects spanning Abuja’s key growth areas. The company’s approach combines strategic location selection, innovative financing, and comprehensive community amenities to deliver developments that appreciate in value while serving residents’ evolving needs.
[16/09, 11:16 am] Cheta Okoli: The press release for Business Day Newspaper

Real Forte CEO Pioneers 10% Down Payment Model with Launch of Nova City Community

Abuja, Nigeria – Nigerian real estate developer Ayobami Folarin is challenging industry norms with a financing model that could reshape homeownership accessibility across Africa. His company, Real Forte Estate Limited, has launched Nova City with a groundbreaking 10% Homeownership Initiative that eliminates the traditional barrier of steep down payments.

Located in Apo Tafyi, Abuja, Nova City is designed as a self-sustaining community for 300+ families, featuring farmers markets, fully equipped gyms, jogging trails, EV charging stations, sports arenas, and event centers.

Traditional Nigerian real estate requires down payments of 30-50%, pricing out middle-income families. Real Forte’s 10% model dramatically reduces this barrier, making quality homeownership accessible to a broader demographic.
“Homeownership should be a right for every Nigerian, not a privilege for the few,” Folarin states. “Our 10% initiative opens doors that have been traditionally locked by prohibitive upfront costs.”

Folarin brings over a decade of real estate expertise, with credentials from Bingham University, London School of Business and Finance, and the International Career Institute (UK). Under his leadership, Real Forte has delivered over 200 housing units across Abuja, building a reputation for consistent execution.

Nova City integrates comprehensive infrastructure including solar-powered street lighting, 24/7 electricity supply, treated water systems, and security features with CCTV coverage. The development reflects Real Forte’s mission to create communities that appreciate in value while enhancing residents’ quality of life.

Real Forte’s portfolio includes strategic developments like Greenland Estate, The Glade, and The Oasis, all positioned in Abuja’s high-growth corridors for long-term value appreciation.