A property developer; ASUCON and Company Nigeria Limited has accused the Lagos State Urban Renewal Agency (LASURA) of forceful eviction and allege breach of leasehold agreement on a property located at Tinubu square in Lagos Island. The property, a two-storey building comprising, offices and stores was developed by Asucon and Company Nigeria Limited through a joint agreement with LASURA on ...
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74% of low-income earners in Lagos can’t afford rent– LASURA
Lagos State Urban Renewal Agency (LASURA) has said that majority of low-income earners in Lagos cannot afford house rent of more than N11,000. LASURA General Manager, Lateef Solebo, disclosed this on Thursday at an interactive session on ‘Achieving Affordable Housing in Lagos’ at the public screening of a documentary drama entitled ‘Kelechi’s Quest’. The documentary drama was scripted by Nollywood ...
Read More »“We are building 34 Biofill toilets in slum communities across Lagos”- Chief Raymond
Yesterday, our correspondent, Esther Adeniyi was with Chief Raymond Gold at Daramola Community which is a slum at Ijora, Lagos state. As we speak, Biofill toilets are being built to help the community dispose their wastes effortlessly and stop the foul smell in the environment. Chief Raymond Gold works with a Federation known as Nigeria Slum and Informal Settlement Federation which ...
Read More »A.J Missri and Company Limited accuses LASURA of unlawful land possession
A real estate investment company, A.J Missri and Company Limited has accused the Lagos State Urban Renewal Agency (LASURA) of unlawful occupation of its landed property at 23, Breadfruit Street, Lagos Island, The Guardian reports. The property occupying about 322 Square metres was been built over 30 years ago, has 25 shopping facility occupied by traders, who were tenants of ...
Read More »An Analysis of Housing Demand in Lagos State – Roland Igbinoba
Do you know that the housing demand estimate in Lagos state is roughly 4.4 million units, the estimated current supply of housing in the state is 1,417,588 units, and the estimated gap between housing demand and supply for Lagos state is roughly 3 million units. With an annual population growth rate estimated at 6-8%, Lagos is considered the fastest growing ...
Read More »Lagos Embarks On New Housing Projects In Central Lagos Island
Convinced of the positive impacts the urban renewal scheme would have on the state and her residents on one hand, and the entire real estate industry, the Lagos State Government has expressed its determination to ensure its central Island and environs are fully regenerated. Senior officials of the government spoke at the commencement of a two high-rise residential projects within ...
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