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Friday, February 26, 2021

Lagos lifts housing with 264 unitsProperty

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The Lagos State Government has increased its housing stocks with the commissioning of Courtland Luxury Villas and Ikate Elegushi Lekki Apartments.

The Courtland Luxury Villas and Ikate Elegushi Lekki Apartments provide a total of 264 units of flats from one bedroom to four bedrooms for upper and middle income earners working around Lekki and Victoria Island of Lagos
 
Governor Babajide Olusola Sanwo-Olu, who performed the ceremony, said his administration will build affordable and accessible houses for Lagosians.

The commissioning came less than 24 hours to the first year anniversary of his administration. Sanwo-Olu said his government is positioned to bring about even development to every part of the State, with a view to making Lagos achieve the 21st Century economy.

The governor noted that the project is a manifestation of his administration’s much-touted need for public-private partnerships, which he said would be encouraged in all sectors of governance to bring rapid growth and mutual benefits to all parties.

He said: “We need to continue to genuinely think through affordable housing, and that is our commitment for our people, because it’s not everybody that will have the ability to pay for housing estates such as this. Therefore, we must give them opportunities for installmental payment, so as to make it affordable and accessible to them.

“I inherited this amongst several other projects and the critical challenge we had to contend with was lack of funds. To surmount this challenge, we had to look towards the private sector and adopted the public-private partnership (PPP) model.

The governor urged the new allottees to put the facilities to proper use and conform to laid down rules for appreciation of value.

He commended the Ministry of Housing, Lagos State Development Property Corporation and the private developers in making this a success in one-year of his administration.



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