Following
the current Real Estate trend in Lagos, estate developers are using these
prospective developments as a marketing campaign to lure the public to invest
in landed property in the area, as it would be of great value in the near
future.
The
idea is to invest in the area now that it is less developed and relatively
affordable, as against when the area is fully developed and property prices
skyrocket.
This
article aims to review the Ibeju-Lekki area, analyses its prospects in light of
the much-anticipated industrialization, critically review real estate
developments in the area, and highlight those that will be of great value in
the future; based on Location, Price and Reputation of the developer.
PROSPECTS
OF INDUSTRIALIZATION IN IBEJU LEKKI
Ibeju-Lekki
is a large local government area, starting just after Sangotedo and extending
all the way to Epe (see Google map)
Ibeju-Lekki
can hardly be described as a suburb of Lagos these days, as its exterior parts
are already fully developed and integrated into the Lekki and Ajah area of
Lagos.
As
the Lekki Expressway is being widened into a 6 lane express further down,
residential and commercial developments follow correspondingly.
These
developments also come with an astronomical rise in the cost of property. Also, as gated estates with modern
infrastructure seem to be the norm in Lagos, several of these are sprouting all
around the Lekki area and also following the pace of development into Ibeju
Lekki. Areas such as Abijo, Lakowe, and Awoyaya now have several estates, with
the cost of properties in them steadily increasing annually.
However,
these parts of Ibeju-Lekki are not the point of focus with regards to the
expected industrialization.
Most of the industrial developments are taking
place along the Lekki Free Trade Zone road, off Eleko Junction along the Lekki
– Epe Expressway
This
place is approximately a 1 hour drive from Ajah, and the traffic duration is
expected to increase as commercial activities increase further down the Lekki –
Express.
Call Olukayode Orikeye on 234 7065562187 (a certify Digital Marketer & strategist)
He is in a better position to advice, locate, find and source that your ideal home to buy, ideal rental property, new building and your dream house, land with genuine documents (titles) C of O, gazette, governor consent and free from government accusation.
...Reference
to www.neighbourhoodreview.com/a-comprehensive-review-of-ibeju-lekki-and-guide-to-buying-lands-in-the-area/
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