Lanre Mullins Abudu looks set to challenge the status quo in the property market and probably reduce the huge housing deficit in the world starting from the United Kingdom as he launches Magnum Opus. The goal of the real estate company is to deliver modular homes to as many people as possible, combining prefabricated homes with modern homeownership.
The global housing market has continued to grow over the years, as the demand for houses increases. In a related development, the housing deficit remains a major challenge to countries across the globe, with a recent report from the United Nations Human Settlements Programme (UN-Habitat) stating that an estimated 1.6 billion people live in inadequate housing. The case is not particularly different in the UK, with experts describing the “chronic housing shortage” as one of the biggest challenges the country faces, with a need to build 300,000 new homes every year to match demand. While several initiatives have been developed over the years, they have failed to effectively address the issue on ground. However, Lanre Mullins Abudu and his team seem to have found the formula to tackle the housing deficit in the UK with the creation of Magnum Opus.
Magnum Opus will be leveraging the features and benefits of modular homes to offer more accessible housing solutions. One of the major benefits of the approach by Magnum Opus is the eco-friendliness of building modular homes. The prefabricated homes have been identified to require less use of resources that can be harmful to the environment.
Modular homes also take an average of six weeks to complete, compared to traditional homes that can take months even years to build. Consequently, potential homeowners have lesser time to wait before owning their house without having to break the bank due to the relative affordability of constructing such structures.
The Magnum Opus will leverage modern homeownership solutions with the future of housing as provided by modular homes to solve the housing deficit problem in the United Kingdom and other parts of the world.
For more information about Magnum Opus and the unique solutions offered, visit – www.magnum-opus-homes.com.