Land For Sale: Mararaba
Size: 851.35 sqm
Location: Mararaba, Karu
Tittle: C of O
Price: 120 million
Karu is an urban area in central Nigeria.
The urban area is majorly located in the Nigerian state of Nasarawa, but with some parts stretching into the boundaries of the Federal Capital Territory (FCT). It has an area of 40,000 hectares (400 km²) and a population of some 2 million.
It is one of the fastest growing urban areas in the world, with a growth rate of 40 percent recorded annually It consists of towns that developed as a result of urban sprawl from Abuja.
The rapid growth of the Karu Urban Area began attracting businesses such as banks, hospitality providers and engineering firms, making it more popular than ever and further accelerating its population growth. People from other parts of the country, reluctant to live in the expensive Abuja, came to settle in Karu, which was regarded as a new urban area that grew as a result of Abuja’s influence. The towns in the area soon began to merge into a conurbation more than 24 kilometres long, with a population projected to be around 2 million.