Have you been to Ibeju-Lekki axis of Lagos recently? Or are you planning to invest in real estate and you don’t know where to go? This information is for you! Right now, there are lots of real estate activities ongoing in the Ibeju-Lekki/Epe corridors. Big property players who have built enviable names for themselves over the years are moving to the axis. Many of them (estates) are side by side competing with one another.
Alaro City used to be the only conspicuous location before Epe where lots of people were buying land before the following housing estates sprang up. There are about 5 estates close to Alaro City, while coming from Lekki/Ajah. These estates are currently hot cakes because people are trooping there to secure their own land and houses. It is a hot location before Epe and that’s why more and more rich people are rushing there.
Although, Alaro City has been there for sometime but people are still going there to buy land. It is an integrated, mixed-use city planned on over 2,000 hectares in the Lekki Free Zone. Alaro City is situated on the Lekki-Epe Expressway and is near the Lekki Deep Sea Port and the proposed International Airport.
It has areas for offices, logistics and warehousing, homes, schools, healthcare facilities, hotels, entertainment, and 150 hectares of parks and open space.
The first residential phase is being developed by Universal Homes (who are also building thousands of units in Rendeavour’s other project, Tatu City, in Nairobi, Kenya). The apartment consists of 576 contemporary two-bedroom (expandable to 3 and 4 bedrooms) powered by world-class amenities, and a modern living experience
VERITASI HOMES, CALLED ITUNU
2 housing estates belong to Veritasi called ITUNU by Epe road. By the left is Veritasi Homes, an innovative real estate brand in Nigeria. Itunu Residential is a secure community enabling social interaction, fitness, and participation in other recreational activities. It is a creative project proposed to consist of homes built with advanced construction methods guaranteeing an unprecedented rapid progress rate. Rock-solid structures made of concrete constitute some of the buildings in Itunu Residential. These crops of buildings are durable and constructed to stand the test of time. The delivery time for the designed buildings in the pilot phase of construction will range between four to eight weeks. As its name implies in the Yoruba dialect, Itùnú means comfort. Comfort in Itunu Residential. By the right side is also a new estate called ITUNU, by Veritasi homes. Presently, people are going there to buy pieces of land for their projects.
THE LEGEND SMARTCITY
The Legend is another new and beautiful estate by RevolutionPlus Property Company in Epe. This estate is one minute before Alaro City and 5 minutes before the newly approved Airport. It is by the road and it’s just a 3-minute drive to the Epe roundabout. This housing estate has a lot for its clients. One, it’s one of the few estates in that axis with C of O as the title. The Legend is beside Veritas (ITUNU), and currently competing for subscribers.
Another advantage the estate has over others is that subscribers can or will easily get instant allocation 48 hours after payment. Only this real estate company offers this service to its subscribers. A plot of land of 600 square meters sells for 16 million naira.
A lot of people in Nigeria and outside the country have subscribed to the estate. The Group Executive Director of the company, Mrs. Tolu Onalaja, says they have sold many plots and she encouraged people to key in before it’s too late. She says more people are buying from them because of the document and the sincerity of the company.
AMEN ESTATE
PHASE 3
Amen Estate is another big name on that corridor where rich people now buy land. It is no new thing that Amen Estate has become the most searched keyword in terms of the Nigerian real estate industry. This is what the inhabitants of the estate confirmed as well deserved.
Amen Estate is an estate with limitless modern designs and architectural projections of future technology homes. Amen estate has been in the news and has made waves since the launch of Amen Estate Phase 1, located at Eleko Beach Road, Off Lekki Epe Express Road, Ibeju Lekki, in the Eastern part of Lagos State, Nigeria. Amen Phase 3 is before Alaro City, 5 minutes before the Epe roundabout.
It’s currently selling for 18 million per plot with C of O as the title.
TIARA ESTATE
Tiara is another sizzling, hot estate by Amen Estate. Tiara is a top class privately owned luxury estate that is powered by Amen City Limited. With her amazing serene environment suitable for quality and better living experience, TIARA is the perfect estate. TIARA ESTATE gives you the opportunity to own residential plots where you are free to build your own desired structure in line with the building codes and regulations of the estate and LASG.
TIARA ESTATE LOCATION: It is locates Yeguda Zone, Lekki-Epe Expressway, Lagos.
AERO CITY ESTATE
Aero City is located by the new Lekki international airport, a major economic development along the Lekki-Epe axis. Aero City has a very high potential for appreciation because of the location, making it a top choice for investors. Aero City is combination of residential and commercial plots and have been preplanned to accommodate your unique needs. This estate is by the left going to Epe. It’s closely beside Veritasi residential estate. It’s one of the estate where people now rush to buy land.
NEW CITY, EPE
New City, is another top-class estate where celebrities now rush to buy landed property. It’s a unique estate in Imokun town, very close to Epe town. It’s a unique estate with a registered survey as the title.
Land in the estate is exclusively sold at 600 square metres per plot at 4 million naira.
This estate is one of the products of AbimEmpire Homes & Property.
THE WEALTHY
PLACE ESTATE
The wealthy Place Estate is an estate located near Dangote Refinery along the expressway. The estate is not for residential use as it is mainly for industrial purposes. It’s a nice place to build schools, churches, factories, offices, etc. A 500-square-meter plot of land in the Wealthy Place estate costs N12.5 million. It’s also a cheap place to invest your money.
OAKWOOD ESTATE
The essence of land investment is the longetivity of the investment against inflation that is why at Oakwood Estate your investment will always appreciate.
Oakwood estate is located at Okun-Imosan, Ibeju Lekki Local Government Area, Lagos. price starts at 1.5m for 300sqm of land
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GEMSTONE ESTATE
Gemstone Estate is a fast developing estate located in th heart of lekki. The estates share a boundary with Amen Estates Phase 1, which is an already established estate.
The place is safe, secure and good to invest in. An average property sells for N3.5 million. As a result, it is inexpensive to invest in. In a few years, the price of an average property might have risen to three times that amount.
WAZOBIA ESTATE
Another upcoming estate in Ibeju-Lekki is Wazobia Court. It has been fenced and gated. A 500 sqm plot of land costs N3.5 million.The cheapest on our list. You can’t afford to miss this as the price will soon go up.
-ISAAC ABIMBADE
(08155107955)
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