Propsult reality

crayon development limited

Where Dreams Come Home
Address: 7B, The Rock Drive, Off Durosinmi Etti Road, Lekki Phase 1, Lagos
Crayon
To become a pacesetter in the Industry by bringing quality, innovation and efficiency into property development.

Registered Company

RC Number

Year Founded

Rating

CAC URL

Mission

Crayon Development is committed to building fully efficient and functional homes with the end users in mind. Our promise is to offer best in class real estate investments for every buyer.

Key Personnel

Bolanle Ibitola: Managing Director and CEO

Crayon Development Nigeria positions itself as a new player in the Nigerian real estate market, specializing in contemporary and functional residential properties. Their focus on user-centric design and maximizing space utilization sets them apart in a competitive industry.

Company Overview

Reputation and Experience: Crayon Development is a startup company with limited industry standing yet. While an exact founding year is unavailable, their website and news articles suggest they are a recent entrant (http://www.crayondevelopment.com/about-us/, [guardian nigeria news subscribers lock horns with haven homes over inflated service charges restraining order obtained]).

History and Evolution: Details on the company's founders and early years are scarce. However, their focus on modern design solutions suggests a potential response to the evolving needs of Nigerian homebuyers.

Project Analysis

Past Projects: Public information on past projects is limited. Their website mentions developing luxury new-build homes, but details are scarce (http://www.crayondevelopment.com/about-us/).

Ongoing Projects: A notable ongoing project is the "Indigo Residence Luxury Apartments" in Victoria Island, Lagos. This project is undertaken in partnership with Ultimus Holdings, a pan-African investment company ([guardian nigeria news subscribers lock horns with haven homes over inflated service charges restraining order obtained]).

Future Prospects: There are no announcements regarding specific future projects. However, their focus on user-centric design suggests a potential niche in the market for modern and functional living spaces.

Operational Excellence

Efficiency and Timeliness: Assessing Crayon Development's efficiency in project completion is challenging due to their limited track record.

Quality of Construction: Information on the materials used and construction quality for their projects is not available on their website. Independent verification through research or consultations with professionals is recommended.

Innovation: Crayon Development emphasizes a user-centric approach, prioritizing functionality and efficient space utilization in their designs. While not necessarily groundbreaking, this focus caters to the modern resident's desire for practical living spaces.

Customer Satisfaction and Feedback

Client Testimonials: Testimonials from clients are not featured on their website. Finding independent client reviews requires further research.

After-sales Service: Information on their after-sales service offerings or customer support channels is not available on their website.

Corporate Responsibility and Ethics

Sustainability Practices: Details on Crayon Development's sustainability practices are not available on their website. Their focus on efficient design might suggest an indirect approach to sustainability through optimized space usage.

CSR Initiatives: Information on any corporate social responsibility initiatives undertaken by Crayon Development is not available on their website.

Strategic Partnerships and Industry Standing

Collaborations: A key partnership is with Ultimus Holdings for the Indigo Residence project. This collaboration bolsters Crayon Development's capabilities with the experience of a established investment firm.

Awards and Recognition: As a new player, Crayon Development has not yet received any industry awards or recognitions.

Financial Health and Investment Opportunities

Investment Potential: Due to their limited track record, assessing the investment potential of Crayon Development's projects is difficult.

Economic Impact: The economic impact of their projects on the local market is yet to be seen.

Conclusion

Overall Impression: Crayon Development brings a fresh perspective to the Nigerian real estate market with its focus on modern, functional living spaces. Their user-centric design approach and partnership with Ultimus Holdings show promise. However, information transparency regarding past projects, construction quality, and customer service is limited.

Recommendation: For potential buyers, thorough research, including independent reviews and consultations with real estate professionals, is crucial before engaging with Crayon Development. Investors seeking established players with a proven track record might want to consider other options. Crayon Development has the potential to be a game-changer in the market, but they need to build trust and transparency alongside their innovative design concepts.

Crayon Development differentiates itself by taking a user-centric approach, designing homes with a focus on functionality and efficiency, maximizing space utilization for a comfortable living experience

Strategic Patnersip

A key partnership is with Ultimus Holdings, a pan-African investment company, for the Indigo Residence project

CSR Initiatives

Sustainability Practices

List of Awards

Testimonials

Google Business Profile

Inquiries and Appointment

Photo Gallery

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Featured Project By crayon development limited

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Ongoing Projects By crayon development limited

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Past Projects By crayon development limited

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Future Projects By crayon development limited

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