Eko Paragon to Deliver 105 Luxury Homes Within a Year, Setting New Standards in Lagos State Real Estate
AceRoyal Estates Homes has announced steady progress on its flagship project, Eko Paragon, a luxury residential development in the Abijo Government Reserved Area (GRA) of Lagos, with 105 premium housing units scheduled for delivery within the next 12 months.
The project, which commenced construction in February 2025, is designed to bridge Nigeria’s housing deficit by introducing a model of attainable luxury that blends residential comfort, hospitality standards, and long-term investment value.
Progress Ahead of Schedule
According to the Managing Director and Chief Executive Officer of AceRoyal Estates Homes, Endurance Cletus Agonor, construction milestones have surpassed projections, with 41 units already completed and ready for occupation as of October 2025.
Agonor explained that Eko Paragon represents a new phase in urban housing, one that prioritizes livability, security, and long-term value creation.
“Our vision is to deliver affordable luxury homes that merge quality and comfort with strong investment potential,” Agonor said.
Developed in partnership with the Lagos State Property Development Corporation (LSPDC), the estate is positioned to expand access to premium housing without excluding middle-income professionals seeking modern living environments.
Design, Amenities, and Lifestyle
Eko Paragon comprises a mix of one-bedroom executive suites, two-bedroom signature apartments, and three-bedroom terrace duplexes with boys’ quarters. Each unit is designed with spacious interiors, high-end finishes, and contemporary fittings. Kitchens and bathrooms are notably large, reflecting the developer’s focus on space efficiency and comfort.
The estate’s masterplan integrates sustainability and wellness principles, with only 32% of the total landmass built-up, leaving significant green spaces for recreation. Facilities include a gym, tennis courts, and walking trails. Every home features two private parking spaces, and the entire estate benefits from 24-hour power supply and security surveillance.
Eko Paragon also introduces concierge-style living, offering residents services typically associated with premium hotels, such as on-demand chefs, laundry, and housekeeping.
“We are creating the everyday experience of hotel luxury within a residential setting,” Agonor added.
Strategic Location and Investment Appeal
Situated 10 minutes from the Lekki-Epe Expressway, Abijo GRA remains one of the few structured and secure government-reserved areas on Lagos Island. Its proximity to major economic hubs and transport corridors positions Eko Paragon as an attractive investment option for both homeowners and real estate investors seeking long-term value appreciation.
Industry analysts note that developments such as Eko Paragon reflect the ongoing evolution of Lagos’s residential market, where the demand for lifestyle-driven estates continues to grow. With improved access, infrastructure expansion, and government partnerships, Abijo is emerging as a strong competitor to traditional high-value zones like Lekki Phase 1 and Chevron Drive.
Conclusion
With full handover projected within a year, Eko Paragon stands as a case study in modern Nigerian real estate, demonstrating that luxury and accessibility can coexist within the same development framework.
By integrating hospitality standards, sustainable design, and long-term investment thinking, the project underscores how private developers can align with Lagos State’s broader goal of delivering quality housing at scale.
