LAGOS HOUSING NEW TOWNS DEVELOPMENT SCHEMES

A Glance Into The Future

For more Information call:Hakeem Agbaje +234-8055522183


Lagos New Towns Development

This presentation is an attempt to illustrate the good gesture of the Lagos State Government in providing descent and affordable housing for its citizens.In all fairness these new Towns development will not be fully justified if Nigerians living abroad are not given equal opportunity to participate through public awareness.This presentation will give individuals the opportunity to get a first hand information on events and activities at the Lagos New Towns Development Scheme.



Establishing the Estates


The Lagos State Government is establishing New Estates to be allocated to the public ,but according to State sources, these Estates will be ready for allocation as soon as the state Government have finished with the provision of adequate facilities at the Estates.The state is keen on providing drainages,street lights,clean water,roads ,landscape, playground and other essential facilities before allocating the land to prospective Buyers.This is a good gesture inorder to avoid previous errors by the State Precedecors

Lagos State Government Land for Sale The Lagos state government land for sale with C of O gives you peace of mind. This saves you the troubles from Omoniles who make life unbearable for people developing their land.Hoodlums parading as Omoniles (children of the land owners) present a huge obsbtacle when building your home in Lagos. They come asking you to pay all kinds of levies.


There are levies for foundation, decking, roofing, fence etc. And they come poised for battle. They disrupt construction work, chase away your workers, and even seize construction tools until you meet their demands.To avoid them if you cannot stand the rigor of Omo-Onile, you can purchase government owned land. These lands are sold through

The Bureau Of Lands Of Lagos State with offices located at Lagos State Secretariat Alausa.

List of Lagos State Govt. Housing Scheme 2The Lagos state Government Housing Schemes are scattered in different zones to allow for even development within the state.The Government is creating New Housing schemes, while new towns are being created, existing ones are being reviewed. Provisions of infrastructure in these schemes have also been pursued with vigor and determination by The Lagos State Government.


Click this file below to get the list of Lagos State Estates



NINE NEW ESTATES IN LEKKI


The Permanent Secretary of the Lagos State Lands Bureau has said that as part of the plan of the Lagos State Government to decongest metropolitan Lagos towards the North West, South West and Lekki axis, fourteen new schemes are to be developed in different parts of the state.

Nine of the schemes are to be sited in the Lekki axis, while five will be in the Badagry division and the last one in Ikorodu division. The Lekki Schemes are all located after Ajah towards Epe. Fairmont Garden Scheme, Rainbow Mixed Development Scheme, Kings Court Residential Scheme, CBD/Mixed Development Grand View Mixed Development Scheme, Ibeju Mixed Development Scheme, Savannah Mixed Development Scheme, Pearl Scheme and Queens Palm Mixed Development Scheme are the grand sounding names of the new estates. This is probably because they are planned as high-end and middle-end estates.

NINE NEW ESTATES IN LEKKIAccording to the officials of the Public Relations Department of New Towns Development Authority (NTDA) both Fairmont Garden Scheme and Rainbow Mixed Development Scheme are located in Olokonla behind Abraham Adesanya Estate about three minutes drive after Ajah junction and about seven minutes drive from VGC. Both schemes are to be for mixed developments (commercial and residential). Opposite Abraham Adesanya Estate is Grand view mixed development Scheme

Kings Court Residential Scheme is situated in the Sangotedo about ten minutes drive from VGC. The total land area of this scheme is 70.19 hectares as follows: Sports area 5.34hectares, Housing 28.84hectares, Services 12.71hectares, Site and Services area 20.30hectares It has been designed in 5 Phases with only Phase 1 presently being developed. Phases 2 to 5 are awaiting investors tapping.

CBD/Mixed Development Scheme, Savannah Mixed Development Scheme, Queens Palm Mixed Development Scheme and Ibeju Mixed Development Scheme are all located in Abijo in Ibeju Lekki about five minutes drive from Sangotedo and about fifteen minutes drive from VGC. The last on the list, Pearl Scheme is located in Ogombo a fast developing neighbourhood along the Lekki Epe expressway. Ogombo is about ten minutes drive from VGC towards Epe Town

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NINE NEW ESTATES IN LEKKIThough the new schemes have already been earmarked for different parts of the Lekki Peninsula, official information from NTDA, shows that they are yet to be available for the public to buy into. The explanation given for this is that, NTDA wants infrastructure to be put in the schemes before they start allocating plots to the public. “We want to forestall the cases were Allottees refuse to develop their plots for a long time and distort the plans of the state government with excuses that they cannot move into their sites because of lack of infrastructure like road, electricity, drainage etc. They however said some of the schemes will be available to the public before the end of the year.

Despite being planned as high-end and middle-end estates, officials of NTDA explained that their prices will be affordable with due consideration given to current price trend in the axis.

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Lagos State Govt.Investment Opportunities :

OFFICIALS -IN -CHARGEI am using this medium to open the doors of Investsment oppportunity to Nigerians and most especially those living abroad ,to participate in the economic turn around of our dear Nation ,In line with the new Lagos State Public Private Partnership policy in the New Towns Development Scheme to accelerate the provision of public amenities such as Road, Housing, Education, Health, and other public Infrasructures to the benefit of the Investors and the eneral public. The Lagos State Government will provide the enabling environment,Land,documentations and approval to execute the project as part of Lagos State equity share in the project while the private Investors will provide all the facilities needed to complete the project.A recent successful case study is the construction of the Lagos-Epe concession Expressway by a consortium and the Lagos State Government.



Individual Or Corporate MergerIndividual & Corporate Investment In Lagos StateThis is a general call for Investment in the Lagos Lekki Free Trade Zone.Individuals can participate through Individual Merger,by pulling their resouces together to purchase Hectares of undevelop Land for the development of Residential or commercial Real Estate.Corporate organizations can invest through Merger, to purchase undeveloped Land ,covered by the Lagos Free Trade Zone.They will establish manufacturing and allied company for production,with excellent production incentives by the Lagos State Government Free Trade Zone Incentives.


INCENTIVES FOR COPORATE INVESTORS


• 100% foreign ownership of investments• 100% repatriation of capital, profit and dividends• 100% tax holiday, custom duties and levies• 100% tax free imports of raw materials and components for goods

destined for re-export• 100% waiver on all import and export licenses• 100% permission to sell manufactured, imported and assembled goods to

the Nigerian domestic market• 100% restriction free to hire foreign employees, waiver on all expatriate

quotas for companies operating in the zone• 100% hassle free business environment• 100% government alignment with Lekki vision and mission

How to participate :The Lagos Free Trade Zone


• Click this File below to get relevant Information on how to participate

Compiled & Composed By- Hakeem Agbaje

CONTACT

Hakeem AgbajeFounder/MD, AGAO Groups+234-805522183 [email protected]

• Hakeem Agbaje Tel:2348055522183

• Visit:http://agao.yolasite.com/real-estate-for-investors.php

• For Participation • Information• Enquiries• Clarification &• Advise
