Connect with us

society

PLACES WHERE REAL ESTATE IS BOOMING IN LAGOS

Published

on

How to Avoid Your Property from Being Demolished or Collapsing by Dennis Isong 

PLACES WHERE REAL ESTATE IS BOOMING IN LAGOS

BY DENNIS ISONG

PLACES WHERE REAL ESTATE IS BOOMING IN LAGOS

 

Lagos has become a place where real estate is making a significant difference.

 

The sector keeps surviving the bad economy year in and year out.

 

 

 

 

 

 

The effect of the pandemic still lingers even after a year and some months.

 

Nonetheless, the real estate business is still standing tall.

 

 

 

 

 

 

 

 

If you don’t know your way, it’s crucial to ask people that have been there. Buying land is good but buying in a place where you are sure to get a huge return of profit is better.

 

Lagos is a city where real estate is highly profitable and can bring you a fortune.

 

 

 

 

 

 

 

However, there are some places real estate investors should look out for more.

 

These areas will be highlighted in this article.

 

 

  1. IBEJU-LEKKI

 

Despite the land being cheap in Ibeju-Lekki, it still sells faster than any other location in Lagos. Land in Ibeju Lekki sells between 3 million to 20 million depending on the location and title of the land. You can make inquiries concerning that.

 

 

If you are a player in the real estate sector and you don’t have land yet in Ibeju Lekki, then you are missing out because that’s where the money lies.

 

 

 

 

 

 

 

 

Ibeju-Lekki is one of the LGAs for planned Lekki City. With the actualization of the blueprint, Ibeju Lekki is expected to become a central hub for business, manufacturing, warehousing, and logistics. With these developments, there will be an increase in commercial activities in the area which help in job creation and enhancement of booming business activities.

 

In Ibeju Lekki, there are ongoing and proposed industrial developments such as the Dangote Refinery which is expected to be the world’s biggest single-train facility and is estimated to cost 9bn dollars. It covers a total area of 2,635 ha on the Lekki Lagoon, enabling easy shipment of refined petroleum products to international markets. The refinery is expected to double Nigeria’s refining capacity, largely to accommodate the pressing demand for fuel and export to foreign markets in and out of Africa. A fertilizer plant is also included in the refinery complex, to fully utilize the raw materials released from the refinery.

 

 

 

 

 

 

 

 

 

 

Also, there is the Lekki International Airport project which was initiated to lessen the pressure on the Murtala Muhammed Airport (MMIA) IN Ikeja.

 

The master plan of the new airport shows that it’s designed to cater to wide-body, double-deck, and four-engine aircraft with the capacity for up to 500 seats.

 

 

 

 

 

 

 

 

 

 

 

For a start, the Airbus A380 is expected to carry two million to five million passengers per annum with prospects of expansion to cater to the increasing aviation needs of the rapidly developing Lekki area and its environs.

 

 

It has also tourist attractions and parks which include LUFASI nature park which keeps some widely known endangered species and Lekki Conservation Center which has one of the best overhead walkways in the world.

 

 

  1. ORCHID ROAD, LEKKI

 

Do you know that there is a place in the Lekki axis where top property developers now play big when it comes to housing development?

 

 

Orchids Road is one of the busiest roads, full of real estate activities. It’s one of the longest roads on the Lekki axis. Orchid is opposite the popular housing estate of Lagos billionaire, Chief Rasaq Okoya, called Oluwa Ni Nsola Estate.

 

 

 

 

 

 

 

 

 

 

Also, the winner of Big Brother Nigeria, Mercy Ekeh bought her house (Victoria Crest Homes). Having a huge brand like Mercy Eke buying a property there has further exposed the area.

 

You can also find another big estate on that road which is Cooplag Estate, owned by Shell Nigeria. It’s an estate developed to house the staffers of Shell Nigeria. It’s situated after the second toll gate if you are coming from Lekki Phase 1.

 

The bus-stop leading to this road (Orchid) is called Eleganza Bus Stop.

 

 

 

 

 

 

 

 

 

 

 

 

 

Presently, a plot of land on this road goes high as 50 to 60 million and these have become another destination where big guns in the sector choose their ideal location.

 

It’s a place Nigerians living abroad can put into consideration when investing in property in Nigeria.

 

 

 

 

 

 

 

 

 

 

  1. SANGOTEDO

 

Sangotedo is a town buzzing with so much real estate. Currently, a plot of land in Sangotedo is as high as 30 million naira and above.

 

One of the key attractions of real estate players in that area is because of Novare mall which houses one of the most popular retail malls in Africa, Shoprite. And that mall is the biggest in Nigeria in terms of the Landmark.

 

 

 

 

 

 

 

 

 

 

 

 

 

Real estate companies have one or two properties there as of today. Sangotedo is one of the prime locations to do business for any real investor or a potential buyer.

 

 

Sangotedo town is 10 minutes drive from Ajah and closer to Lagos business school. It’s a developed area and almost all the land in the area has been fully booked.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  1. OGOMBO ROAD, AJAH

 

One of the hottest locations in Lagos where the real estate business is booming is Ogombo road. There are many top real estate companies on this popular road.

Ogombo is a town after Ajah. It’s a five-minute drive from Ajah roundabout, also known as Abraham Adesanya Road.

 

 

 

 

 

 

 

 

 

 

 

 

 

A plot of land on this road now is around 30 to 50 million naira. Presently, a lot of big guns in the sector have made the place a business place to be.

 

These places mentioned should be worked toward when investing in Lagos.

 

 

 

 

 

 

 

 

 

 

 

Dennis Isong helps individuals invest right in Real estate. For questions on this article or enquiring about Real estate. Follow him on Youtube https://www.youtube.com/landpropertyng , Email [email protected] or Whatsapp/Call +2348164741041

 

 

society

The Limit Breaker Sierre Leone Day 2- Spirit Brings Liberty When You Obey Instructions – Dr Chris Okafor.

Published

on

The Limit Breaker Sierre Leone Day 2- Spirit Brings Liberty When You Obey Instructions – Dr Chris Okafor.

…. Obedience is the Solution to Limitations

If somebody can start it, somebody can end it, obeying instructions can change any evil patterns in the life of people, pattern of sickness, Poverty, Late marriage and what have you, when you obey instructions you will breakout of the Limitations in your father’s house.

This was the case study at the day 2 of the ongoing The Limit Breaker Conference in Freetown Sierre Leone where over 2 million faithful received Prophetic Blessings from the servant of God, The Generational Prophet of God.

Teaching on the Topic, Breaking out from the Limitations of my Father’s House Part 2, The Convener Chris Okafor world outreach Ministry COWOM and Senior Pastor Grace Nation Global Dr Chris Okafor continue on the highlights said when you obey instructions, you are prone to be free from any bondage of your father’s house.

The Generational Prophet of God also remarked that , it is not that the devil is powerful but because of the lack of Knowledge of the People, he said ignorance is a licence to bondage therefore obedience is majorly the solution to ancestral Limitations, when you obey instructions the spirit that brings liberty locate you and you will be free from bondage and every spirit of Limitations from you father’s house, you will be free from it.

It was another Powerful and Prophetic movement of God at the Conference, God uses his servant the Generational Prophet of God Dr Chris Okafor to do what he knows how to do best, Addressing Various issues, calling Names, Names of villages, while Every evil altars holding people inheritance exposed, Profiling solution to every case file brought to the conference, it was indeed a life changing Prophetic encounter in the life of the good people of Sierre Leone, the testimonies that will come after the three days prophetic encounter will be enormous and according to a participant who will not want her name mention.

The conference continues on Friday 15th November 2024 ,Same Time and Venue

 

Continue Reading

society

Let’s reflect as we wrap-up 2024″By Prudent Ludidi

Published

on

Let's reflect as we wrap-up 2024"By Prudent Ludidi

Let’s reflect as we wrap-up 2024″By Prudent Ludidi

 

As we stand here today, we are on the threshold of a new year. A year full of possibilities, opportunities, and promise. But before we step into the unknown, let’s take a moment to reflect on 2024.

Let's reflect as we wrap-up 2024"By Prudent Ludidi

Look back on the triumphs and the struggles. The moments that made you proud and the moments that made you question yourself. Think about the goals you set and the ones you achieved.

Reflection is not about dwelling on the past; it’s about learning from it. It’s about identifying what worked and what didn’t. What you can improve on and what you can let go of.

As you reflect on the past year, remember that you are not the same person you were these couple of months ago. You’ve grown, you’ve learned, and you’ve evolved.

Don’t be too hard on yourself about the mistakes you made or the opportunities you missed. Instead, focus on the progress you’ve made and the strength you’ve gained.

Now, as we wrap up this year and prepare for the next, ask yourself:

What do I want to achieve in the coming year?

What habits do I want to form?

What relationships do I want to nurture?

What skills do I want to develop?

What dreams do I want to chase?

The upcoming year is a blank canvas, waiting for you to paint your masterpiece. Don’t let fear or doubt hold you back. You have the power to create the life you want.

So, as we near the close of this chapter and begin a new one, remember that every ending marks a new beginning. Every setback is an opportunity for growth. And every success is a stepping stone to greater things.

Continue Reading

society

WALLEX DAY 2024: A Celebration of Compassion and Community Suppotr

Published

on

WALLEX DAY 2024: A Celebration of Compassion and Community Support

Solanke Ayomideji Taiwo

 

In a heartwarming display of generosity and community spirit, Chief Lawal Eniola Adewale Lawal, CEO of Wallex Estate Global Services, marked Wallex Day 2024 by facilitating the release of six inmates from the Ilaro Corrections Center. This significant event took place in Ilaro, Ogun State, and was attended by a host of dignitaries and local personalities, all united in the spirit of giving back to the community.

The initiative, which aims to promote social reintegration and support for the less fortunate, saw Chief Lawal extend a helping hand not only to the released inmates but also to elderly women in the area. The CEO personally distributed cash gifts and foodstuffs, emphasizing the importance of uplifting those in need and fostering a sense of belonging within the community. “We must remember that our strength lies in our ability to support one another,” Chief Lawal stated during the event. “This is just the beginning; I promise to extend this philosophical gesture to Nigerians regularly.”

The event drew a diverse crowd, including notable figures from various sectors. Among the attendees were Alhaji Ibrahim Dende Egungbohun, the Founder of IBD Implex and IBD Foundation, as well as popular Nollywood actors and actresses. Traditional rulers from both Yewa South and North also graced the occasion, highlighting the collaborative effort to enhance community welfare.

The atmosphere was filled with hope and positivity as stories of resilience and transformation were shared. The released inmates expressed gratitude for the opportunity to start anew, while the elderly women felt appreciated and valued, reminding everyone of the importance of compassion in society.

This year’s Wallex Day not only celebrated the theme of redemption but also reinforced the commitment to social responsibility. With promises of continued support and outreach, Chief Lawal and his team aim to inspire others to join in the collective effort to uplift the community.

As Wallex Day 2024 concluded, the message was clear: together, through acts of kindness and community engagement, a brighter future can be forged for all.

WALLEX DAY 2024: A Celebration of Compassion and Community Support

Solanke Ayomideji Taiwo

Continue Reading

Cover Of The Week

Trending