Tag Archives: Lekki

There is increasing concern over the rising number of vacant houses in the highbrow Ikoyi area of Lagos with a report estimating over 70 per cent of properties therein. What could be responsible for this? Why are the properties being abandoned?  A real estate developer and Chief Executive Officer of Sujimoto Construction, Mr. Sijibomi Ogundele, said the rise in the number ...

Eko Atlantic City has been described as the most ambitious project in Africa and Africa’s answer to Dubai. This article proves why the ongoing Eko Atlantic City project will displace Victoria Island as the new financial capital of West Africa.   Every part of Lagos has its unique character, manner of people, peculiarities, distinctive architecture and most importantly the real ...

Ikorodu Town is the second most populous Local Government Area in Lagos state with a population estimated at about 2 million people and an annual growth rate of about 10%. This article gives us useful insight to the latest addition of sprawling cities in Lagos state and probably what you never knew about Ikorodu. Ikorodu Town: ‘Ilu kekere oko ilu ...

The Lagos State Commissioner for Physical Planning and Urban Development, Mr. Abiola Anifowoshe, has ordered the closure of a building site along Wole Olateju Street, Lekki Phase 1 Residential scheme. According to the ministry, the order is sequel to the disrespect to the physical planning and urban development laws and regulations of the state by the developer. A statement by ...

As in many aspects of life, the key to real estate investment can just be location. There are a few things you can look for in the area of your possible real estate investment that can tell you some important things about the possible long-term health of your potential investment. 1.  Check For Growth Is the area you’re looking at ...

Have you ever wondered how is it that one match can start a forest fire, but it takes a whole box of matches to start a campfire? One word separates the two instances…Carelessness. Robert heddrick once said that a spark neglected makes a mighty fire. That’s the situation with fire incidences in Nigeria especially the ones that happen in the ...

One of Nigeria’s top real estate companies delivering affordable luxury homes, Haven Homes has completed and delivered a brand new set of home designs to its subscibers at Richmond Gate Estate situated in Lekki. Speaking on the concept behind the 2015 home designs, the company’s spokesperson Mr. Sonuga explained that the new designs were conceptualized with more sensuality and adaptation ...

Worried that the Lagos authorities may take over a large chunk of its landed property without adequate compensation, Lekki communities have urged the State government to look elsewhere in attempt to construct the proposed Lagos 4th Mainland Bridge in the metropolis. They say that other developmental projects, like the Lekki Free Trade Zone (LFTZ) have robbed them of their land ...

Raise the topic of real estate at any gathering today and the question whether housing values are well founded routinely arises. Generally, most people feel very positive about the housing market outlook, as reflected in the results of a recently reported survey that gauges the mood of people from coast to coast. It found that respondents’ views as to the ...