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Reasons Why You Should Live In Ikorodu - Properties - Nairaland

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Reasons Why You Should Live In Ikorodu by legalmoney(m): 10:55pm On Dec 12, 2021
REASONS WHY YOU SHOULD LIVE IN IKORODU

Ikorodu town in Lagos has witnessed economic and population growth in recent years. Many Lagosians are buying land and moving to that part of town as rent/lands in metropolitan Lagos has become too expensive.

These are four major reasons to consider living in Ikorodu.

1. Real Estate
There are a lot of opportunities when it comes to real estate as with a fair budget you can buy a land and even start building .
This is one place you can get a plot of land for as low as eight hundred thousand naira.
Towns around usuch as imota, Maya, Igbogbo, Ijede, Ofin, Igberigbe, Igbo-Okuta and most of the satellite towns surrounding the city are selling at a relatively affordable price.
Lots of real estate firms are also acquiring lands at Ikorodu for estate purposes.

2. Traffic
Ikorodu provides an alternative to traffic on the ever busy Lagos roads, The waterways. Ferrying is one way to beat lagos terrible ever blocked raods and still make appointments right on time.

Incase you havent been to Lagos before, definition of Traffic is unique .
With watewrways, Ikorodu to Lekki takes about 20 mins, while on less busy days, Ikorodu to Ikeja is a mere 20 minutes drive and some 45 minutes drive to Lagos Island and another 12 minutes to lekki. So if you work on the island, you have options, from central ikorodu to island costs N400 while a ride on the BRT costs N200. A ferry ride costs N750 that runs directly from Ebute in Ikorodu to CMS and Victoria Island.

3. Affordable Accommodation
Accommodation in ikorodu is dope when it comes to budget. Without having to cut your arm, leg and even some sell a kidney (just kidding) to raise money to rent an apartment in high brow areas like Lekki or Victoria island, you can comfortably get a nice, big, comfy apartment to live in.

A typical 2 bedroom flat rents for N200K-N300K, while a 3 bedroom flat rents for N300K-N400k.
At Ikorodu town 2 bedroom flat rents for N150k-N170k, while a 3 bedroom flat rents for N200k-N250k per annum.

4. Opportunities
Ikorodu is one town / Local government area in Lagos State that has so much untapped potentials and opportunities.
Majority of individuals settling there are middle,low and high income earners and with this, having a business startup would be a amazing investment as you can make use of cheap labor.

One thing about Ikorodu is its accessibility to other parts of Lagos and indeed the country as a whole.

With the new expanded beautiful Ikorodu road ( 6 lanes) with BRT lanes you will surely enjoy your ride. Over 400 Blue BRT buses with A.C are on this road everyday.

The 4th mainland bridge will connect Ikorodu directly to Lekki, Ajah and Ibeju Lekki.

After the completion of the 4th mainland bridge in less than 30minutes you can drive from Ikorodu to Lekki or Ajah or Ibeju Lekki. Ikeja is about 40 minutes to Ikorodu.

The relocation of the popular mile 12 market to imota ikorodu will also go a long way to make ikorodu an investors hub as its a major market.

Caleb university is also located at imota ikorodu and it’s rated as africa’s best private university in research and entrepreneurship development.

Ikorodu is an ideal and relatively peaceful place to reside and do business.

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Re: Reasons Why You Should Live In Ikorodu by devilmaycry: 12:12am On Dec 13, 2021
Nice one....
But if person no know...e go think say na u own ikorodu ...oshey marketing skills grin

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Re: Reasons Why You Should Live In Ikorodu by legalmoney(m): 12:46pm On Dec 13, 2021
devilmaycry:
Nice one....
But if person no know...e go think say na u own ikorodu ...grin

That's a wrong assumption
Re: Reasons Why You Should Live In Ikorodu by legalmoney(m): 7:14pm On Dec 18, 2021
Ikorodu is the new destination for real estate investment
Re: Reasons Why You Should Live In Ikorodu by legalmoney(m): 1:05pm On Jan 01, 2022
Welcome on board to 2022.

As you begin your joyful moments of celebrations, may you celebrate with joy and happiness, wishing you a prosperous, wonderful and a better New year.
Re: Reasons Why You Should Live In Ikorodu by legalmoney(m): 11:48am On Feb 09, 2022
The value of properties in ikorodu will increase 10x in few years

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