Zylus Homes Allocates Over 100 Units at Lekki Avana Bungalow & Resort

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Zylus Homes Marks Progress in “2000 Homes in 5 Years” Initiative

Leading Nigerian real estate developer Zylus Homes has allocated over one hundred residential bungalow units at its Lekki Avana Bungalow & Resort estate, marking a major milestone in the company’s ongoing housing delivery strategy. The allocation event reflects robust market demand and progress toward the company’s ambitious “2000 Homes in 5 Years” initiative.

Significant Allocation and Project Details

At a formal allocation ceremony held on 28 February 2026, Zylus Homes distributed 41 fully finished bungalow units and more than 60 carcass units to homeowners and investors. The event underscored the transition of buyers from off-plan commitments to physical ownership, reinforcing confidence in the estate’s delivery timeline.

The broader initiative designed to expand access to quality residential properties in Nigeria aims to deliver a total of 2,000 homes over five years. The Lekki Avana project itself sold out less than a year after launch, evidencing strong investor and market demand for well-located housing solutions in Lagos’s rapidly growing corridor.

Developer Vision and Client Experience

In remarks during the event, Dr. Oluwatosin Olatujoye, Group Chief Executive Officer of Zylus Group International, highlighted the allocation as a fulfilment of clients’ expectations and a demonstration of the company’s commitment to delivery, integrity, and community-focused development.

Mrs. Bukola Olatujoye, Chief Executive Officer of Zylus Homes & Properties, emphasised that Lekki Avana is more than a residential estate it is designed as a lifestyle-centric community offering serenity, recreation, and family-oriented living.

Family recreation and lifestyle elements featured prominently in the allocation event, including active use of the estate’s recreational centre with facilities such as swimming and sports activities, further illustrating the project’s holistic approach.

Market Confidence and Development Momentum

The rapid sale and subsequent allocation of units at Lekki Avana point to sustained confidence in residential developments in Nigeria’s high-growth housing corridors, especially within the Lekki-Epe Expressway axis a region that continues to attract investment due to infrastructure expansion and proximity to economic centres.

For investors and prospective homeowners, the timely delivery of allocated units strengthens the investment proposition, particularly given ongoing challenges in the broader housing market related to affordability and supply constraints. Strategic delivery milestones such as these are key indicators of operational capability and market positioning.

Zylus Homes’ allocation of over 100 units at Lekki Avana Bungalow & Resort is a notable development in Nigeria’s residential property sector. It signals both effective project execution and strong market appetite for quality housing products in prime locations. The achievement aligns with the company’s broader goal of delivering 2,000 homes over five years, enhancing investor confidence and contributing to housing supply growth in one of Lagos State’s most sought-after residential corridors.

Ayomide Fiyinfunoluwa

Written by Ayomide Fiyinfunoluwa, Housing Journalist & Daily News Reporter

Ayomide is a dedicated Housing Journalist at Nigeria Housing Market, where he leads the platform's daily news coverage. A graduate of Mass Communication and Journalism from Lagos State University (LASU), Ayomide applies his foundational training from one of Nigeria’s most prestigious media schools to the fast-paced world of property development. He specializes in reporting the high-frequency events that shape the Nigerian residential and commercial sectors, ensuring every story is anchored in journalistic integrity and professional accuracy.

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