Lagos State has pledged to issue planning permits within 10 working days once applicants meet all requirements, in a move aimed at improving efficiency and restoring investor confidence in the state’s real estate sector.

The Federal Housing Authority (FHA) has commenced large-scale rehabilitation works in FESTAC Town, signalling the beginning of a long-anticipated regeneration programme aimed at restoring one of Lagos’s most iconic housing estates.

More than 30,000 residents of Oworoshoki in Lagos have been displaced following large-scale demolitions by state authorities

The International Real Estate Federation (FIABCI) has urged Nigeria to adopt proven international construction models and regulatory framework.

Lagos State has announced plans to regulate the growing number of beach houses and hospitality developments along the Ibeshe–Ilashe coastal corridor, citing environmental, safety, and land-use concerns.

Lagos State Government has revised its tenancy regulations in a bid to curb rising rent demands, multiple agency charges, and other practices burdening tenants across the state.

Lagos is gearing up for a significant expansion in its commercial real estate sector. According to the latest data, approximately 94,931 square meters of premium office space.

A new report has revealed that the number of households renting homes in Lagos has remained flat at about 1.38 million since 2016, even as the city’s population and total households have continued to grow.

Lagos State Government has blacklisted 176 estates across Ibeju-Lekki, Epe, Eti-Osa, and Ajah for operating without layout approvals. See the full list of affected estates.

Lagos’ luxury real estate market has reached a historic milestone, with land prices in Eko Atlantic now exceeding ₦2 billion per plot.