Home Property Revealed! 10 Major Real Estate Projects Of 2020

Revealed! 10 Major Real Estate Projects Of 2020

by Isaac Abimbade
2019 City People Real Estate Award

Despite the economic challenges and Coronavirus pandemic that has crippled the world’s economy, the real estate remains a viable sector that has continued to blossom, especially in Lagos, one of the few Nigeria’s cities that’s regarded as the hub of real estate.

Let it be known that a few days ago world bank announced that Nigeria’s economy has slid into another recession; the second recession in the last 5 years. But despite challenges in Nigeria this year, several real estates players are doing well and many players in that sector even confirmed that it’s one of their best years so far.

A lot of real estates firms have done a lot of projects, launched several housing estates and built a lot of houses in the last few months. This week, City People will be showcasing about 10 real estate projects that have been carried out by the various real estate players in the last few months and more.

EDMARK City: Taking full advantage of its strategic location, just 5 minutes’ drive from the Lekki-Ikoyi link bridge is the magnificent and spectacular piece of upscale High-rise of residential and commercial condominium development

Built to the highest standard by a reputable real estate company, this breathtaking property offers a blend of both luxury and class. EDMARK City boasts of 5 Star amenities such as Grand Lobbies, Function Rooms, Half Olympic Swimming Pool, GYM, and Fitness Centre, High-rise Oval Track and Sky Garden. A myriad of Residential units – It has 356 Apartments, 3 Towers, 20 Floors, Pent House. Bedroom Apartment for; N6,000,000.

Megamound Properties: One of the most promising housing estates of the year is a project by Megamound investment called Greater Lagos County Apartments in conjunction with the Lagos State government. It’s 340 units mini-estate provides you with majestic grandeur in its simplicity. It’s situated at Ogunlana Drive, Surulere, Lagos. This Island taste housing estate has successfully been fashioned into this one-of-a-kind project that promises a return on investment for investors.

One bedroom sells for 20 million naira, while 2 bedroom goes for 27.5 and 3 bedroom is selling for 35 million naira. Another real estate project currently selling is Dream City. It is 10 minutes from Vgc, Abraham Adesanya, Ajah.

Dream City, Abraham Adesanya, Ajah-Lekki, Lagos.

DREAM CITY is where dreamers actualize their dream homes. Landspaces are available in

300sqm at 17M (All-Inclusive). 600sqm at 30M (All inclusive)

Side attraction includes Prime Location, Smart Estate, Fast-Growing District, State-of-the-art Infrastructure, Good Title.

Cocoon Atlantic: it’s a 3 minutes from the Admiralty Tollgate. It’s a residential city spread across 5 hectares of lifestyle ecosystem comprising of Residential and Commercial districts.

Cocoon Atlantic’s unit of 2 and 3 bedroom homes offer the best of urban living and tranquillity in a serene, private and elegant community setting.

Located in one of Lagos’s fastest developing commercial and residential hubs makes it attractive for discerning investors and home buyers. With modern facilities and lifestyle amenities that ensure homeowners live a life of convenience.

Facts: 5 Hectares | 383 Homes | 6981sqm of Green Area | 600+ Car Parks spaces

Take advantage and lockdown this 3 Bedroom Duplex + maids room for; N7, 000,000.

Alaro City: Conceived as a 2,000-hectare city that rests in the North West Quadrant of the Lekki Free Zone in Epe, Lagos. Alaro City developers, Rendeavour partners with Lagos State Government.

Alaro City is an investment vehicle that caters to all real estate investment purpose; the city has areas for offices, logistics and warehousing, homes, schools healthcare facilities, hotels, entertainment and 150 hectares of park and open spaces.

Alaro City enjoys a Trade Free Zone Status; Zero corporate income tax on Free Zone income, Zero withholding tax on dividends, Zero VAT on purchases made within the free zone, No customs duties on imports, Up to 100% foreign ownership of the business.

Facts: Free Trade Zone | Residential | Commercial | Industrial/ warehousing spaces

Take advantage and lockdown this investment opportunity with N6,000,000.

 The Estate: The Estate is serviced residential property, strategically located off Abraham Adesanya roundabout, 5 minutes drive from Chevron. It is a dry tableland with a good title – Governor’s Consent. It’s location guarantees fast and high ROI for investors and also a buy and build for families.

It has a Certificate of Occupancy has its title. 12 months delivery Time. There are available Land and Houses; 3 Bedroom Terrace Duplex N3,000,000.

Urban Prime 2 & 3:

Urban Prime Two and Three Estate is an arcade of magnificent surroundings and exceptional estate living, a stunning home destination for every resident who seeks uppermost tranquillity and clean aesthetics. It is the ultimate spot for rest and restoration.

The re-assuring feeling of home. The cocoon-like safety, comfort, and uniqueness that your home and real estate investment should grant you.

Facts: Over 200 plots | 2 Years Deliver Timeline | Certification Of Occupancy

Take advantage and lockdown this landed investment opportunity with N5,000,000.

Mannafest Tower: Conceived as Manifestsquare meter solar powered city that rest 3solar-powered North Westrestsdrant of the Lekki Free Zone (Alaro Mega City), Lagos. This city depicts a lifestyle ecosystem comprising of the Residential District, Business District, Solar Plant, Elementary School, well equip Auto Garage and Hospital, with a mixed-use condominium with Helipad.

This city is a self-sufficiently powered by a stand-alone 2.5 Megawatt Solar Plant, distributing electricity to every structure and facility.

Facts: 2.5 Megawatt Solar Plant | Mix-use 20 Floor Tower with Helipad | Fully Detached Duplexes

Take advantage and lockdown this property investment with N6,000,000.

Flourish apartments and terraces Orchid Road by Chevron Lekki

This is when we say Luxury meets affordability, class meets the incredible , strategic location meets with the best infrastructure at FLOURISH APARTMENTS AND TERRACES.

This is an unmissable real estate product for those who are looking for comfort and stress free area. It’s a lifetime opportunity to own a slice of lekki from the mega Real Estate company that specializes in AFFORDABLE HOUSING.

2 Bedroom luxury flats at 25M

3 Bedroom terrace with BQ at 40M

4 Bedrooms Semi-detached with BQ at 52M

The best part of this deal is you just need to deposit 30% of the total cost and spread the balance between 12 and 18 months with 0% interest.

This property has a very good title; GOVERNOR’S CONSENT.

Iconic towers is another big project. This is introducing a first of its kind, world class architectural residential masterpiece. The ICONIC TOWERS. A bold infusion of excellence, opulence, distinction and culture of going the extra mile into the Nigerian Real Estate space.

Iconic Towers is a fully serviced and furnished residential, high rise community, consisting of Studio and 2bedroom Apartment, 3bedroom Maisonettes, 4bedroom Penthouses with Boys Quarters and Suites.

Iconic Towers is located right behind Zenith Bank Headquarters, on Sinari Daranijo Street, Victoria Island, Lagos. A serene and secure Hotel Apartment styled estate with good water view, adequate recreational facilities and amenities for adults and children, near Eko Hotel and Suites. It is complimented with a top notch commercial hub to offer a contemporary LIVE, WORK AND PLAY lifestyle.

It is a place for THE ICONS in various fields of endeavor.

Iconic Towers is a Joint Venture Development between the Lagos State Development and Property Corporation (LSDPC) and Cruxstone Development and Investment Ltd. It is designed by Play in Architecture, a multiple award winning Architectural firm with track record for delivering exquisite, trail blazing designs and concepts for the foremost Real Estate developments in Nigeria.

Staff Members of the Shekinah Trust of Shell Petroleum Development Company are the Primary Offtakers of Iconic Towers.

Interestingly, spaces in Iconic Towers are priced for the easy reach of the deserving few, among which you are. You are an ICON. You deserve a space in the Iconic Towers. Go for it!

The prices are as follows :4bedroom Penthouses – N250m .3bedroom Maisonettes – N150m. 2bedroom Apartment – N80m .Studio Apartment – N45m .Executive Suites – N17.5m

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