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Karu, situated on the outskirts of Abuja within Nasarawa State, is a rapidly expanding urban area offering significant investment opportunities. With a population of approximately 2 million and an annual growth rate of 40%, Karu has evolved into a major commercial hub in central Nigeria .
Key Investment Highlights:
Real Estate Growth: The demand for residential and commercial properties is high, with land prices starting from ₦6 million for plots in estates like Genesis Estate, and houses ranging from ₦27 million to ₦750 million .
Infrastructure Development: Projects such as the Karu Community Plaza Market and the newly commissioned Karu Park are enhancing the area's infrastructure, boosting its appeal to investors .
Strategic Location: Proximity to Abuja makes Karu attractive for businesses and residents seeking more affordable options near the capital.
Economic Diversification: Beyond real estate, Karu's economy includes agriculture, trade, and emerging industrial activities, providing diverse investment avenues .
Given its rapid urbanization and strategic advantages, Karu presents a compelling case for investors looking to tap into Nigeria's growing markets.
Property Ref: 2832476 | Added On: 22 Apr 2025 | Last Updated: 22 Apr 2025 |
Market Status: Available | Type: Flat / Apartment | Bedrooms: 2 |
Bathrooms: 2 | Toilets: 3 | Parking Spaces: 2 |
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