Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by truthhurtsnaira: 8:26pm On Oct 24, 2023 |
Infojames: Two ancient cities Yep two ancient cities located in a white man’s project in Africa |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by MICHEALADEX(m): 8:27pm On Oct 24, 2023 |
Let the developers go and develop their land. |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by MrEverest(m): 8:29pm On Oct 24, 2023 |
ElSudani:
See logic o. If you can raise 25 million, by what logic did you think someone living in Ibadan cannot raise the same amount? The people who are buying the Enugu land are hustling in places like Ibadan in the first place. Look, it is terrible that land is too costly in Iboland. Land being one of the factors of production if too expensive will cause investors will look for a better alternative. Guess what, they often come to the southwest or the north. You saw the examples given by op, a land owner in Nsukka earned 25 million from his land while the one in Ibadan could only earn 650k. Automatically, the Nsukka man now has massive purchasing power unlike the Ibadan man. He could achieve a whole lot with that and change his life unlike the Ibadan man. Land being expensive doesn't discourage investors, otherwise no one would be investing in Lagos, Abuja or P.H. They would all be running to the North or parts of SW where land is dirtcheap, but that isn't happening. On the contrary, land being too cheap is an indication of low purchasing power and will discourage investors. There are many places in the SW urban centers without decent housing and low purchasing power is the cause of it. Spending millions to build modern flats when the locals can only pay 120,000 naira annual rent would be a bad investment. I hope you get the point now. 2 Likes 1 Share |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by forgiveness: 8:49pm On Oct 24, 2023 |
MrEverest:
You saw the examples given by op, a land owner in Nsukka earned 25 million from his land while the one in Ibadan could only earn 650k. Automatically, the Nsukka man now has massive purchasing power unlike the Ibadan man. He could achieve a whole lot with that and change his life unlike the Ibadan man. Land being expensive doesn't discourage investors, otherwise no one would be investing in Lagos, Abuja or P.H. They would all be running to the North or parts of SW where land is dirtcheap, but that isn't happening. On the contrary, land being too cheap is an indication of low purchasing power and will discourage investors. There are many places in the SW urban centers without decent housing and low purchasing power is the cause of it. Spending millions to build modern flats when the locals can only pay 120,000 naira annual rent would be a bad investment. I hope you get the point now. See the original price of land inside Nsukka. 3 Likes 1 Share |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by MrEverest(m): 8:53pm On Oct 24, 2023 |
Did they swap your brain with indomie or what? Can't you see where they wrote farmland? The lands op posted were lands located in urban centers with buildings around them, not farmlands. Get sense! forgiveness:
See the original price of land inside Nsukka. 2 Likes |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by forgiveness: 9:01pm On Oct 24, 2023 |
MrEverest: Did they swap your brain with indomie or what? Can't you see where they wrote farmland? The lands op posted were lands located in urban centers with buildings around them, not farmlands.
Get sense!
Inside Nsukka. 2 Likes |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Odin13: 9:09pm On Oct 24, 2023 |
JagabanB:
I am a slim, very very slim, I have this igbo boy from my neighborhood then that's well built with muscles looking fresh but cañ't afford a meal, he depends on my meal to get what to eat, that's to tell u that I eat better than him, yet he is better built. What does it tell u? Gene. Yorûbas has more known companies nationwide compared to u folks. The kind of noise u all make, the Yorûbas doñ't make that kind of noise. lgb0s value food so much because they suffer from Iàck of it alot. The sign of being successful in the East is being able to eat. It's not like that everywhere. The sign of wealth for Yoruba people is big tommy .. See Yoruba man lamba.. Yoruba sef.. Imagine 1 Like |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by delpee(f): 9:17pm On Oct 24, 2023 |
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Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by delpee(f): 9:23pm On Oct 24, 2023 |
Offpointng:
I'll understand that of Aerodrome estate which is far better than Kolapo ishola.
But buying a land for 40m in both areas are far overpriced for it's worth Aerodrome estate used to be the old airport at Bodija? |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Salewa97: 9:42pm On Oct 24, 2023 |
delpee:
Please how much is land in Bodija, Jericho GRA, Agodi GRA and Oluyole Estate? Land are very expensive in those area you mentioned. It’s better you consult with local agents there. An example for Agodi here. Bodija too go dey expensive. 2 Likes 1 Share |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Abagworo(m): 9:46pm On Oct 24, 2023 |
Offpointng:
I'll understand that of Aerodrome estate which is far better than Kolapo ishola.
But buying a land for 40m in both areas are far overpriced for it's worth Damn land is so cheap in those places. |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Putinofrussia: 9:47pm On Oct 24, 2023 |
MXrep: #25 million keh! Poor Igbos and their Igboland. Ibadan has been selling land even more than #200 million naira even before 2011. It will take a million years before land can be sold in Igboland at even#100 million naira. |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Enemiesmasquera: 10:31pm On Oct 24, 2023 |
Shijawesss:
No wonder 90 percent of Igbo men both young and old push drugs and do money ritual...Poor people Are the Igbos the tribe that mine skulls on daily for ritual ? You know the truth my dear nurudeen 1 Like |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by ottersberger(m): 10:52pm On Oct 24, 2023 |
Salewa97: Lol
OP dey play. Come to Ibadan and buy land.
What I love about Ibadan is that it accommodates all sphere of life.
If you are not too rich, you can get a cheap land. If you are rich, you can get extravagant expensively land.
That is to add to the fact that it is almost as big as some states in Nigeria.
Are you really comparing Ibadan real estate to Nsukka?. You should compare with Enugu, Onitsha, Owerri real estate prices. These locations already rub shoulders with Lagos prices and definitely leaves Ibadan in their wake. |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by JagabanB: 7:58am On Oct 25, 2023 |
Odin13:
The sign of wealth for Yoruba people is big tommy ..
See Yoruba man lamba..
Yoruba sef..
Imagine Talking like it's not same for lgb0s. U lgb0s always give urself a false sènsè of sophistication whenever u are online and still go back to face reality. Steewpidity is when u are trying to make urself believe the person u are talking with is a Yorûba even when I am sure u have seen me saying severally that I am Yorûba. 1 Like |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Cantonese: 8:04am On Oct 25, 2023 |
LikeAking: And some of u are happi about the expensive land in your place..
How many people can afford it?
Very stupid quote. Can you compare a piece of land in Lekki with a piece of land on Ibadan expressway, after Shagamu bridge? Stupid OP brought an image of a very well developed and expensive area in Enugu state to compare with a village in Oyo state. How does it make sense? Why not compare with other parts of the country? Na SE matter go finally kee all of una. 1 Like |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by emmanuelbrown26: 8:05am On Oct 25, 2023 |
Shijawesss:
No wonder 90 percent of Igbo men both young and old push drugs and do money ritual...Poor people No wonder |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Putinofrussia: 5:29pm On Oct 25, 2023 |
ottersberger:
Are you really comparing Ibadan real estate to Nsukka?. You should compare with Enugu, Onitsha, Owerri real estate prices. These locations already rub shoulders with Lagos prices and definitely leaves Ibadan in their wake. Don't compare your backward region with Ibadan again because Ibadan has more infrastructures and more developed than the entire Igboland. Check this out: It can never be found in poverty stricken SE Igboland. City People Magazine HOME NEWS ENTERTAINMENT FASHION FLASHBACK ADVERTISE City People Magazine Banner Home News 10 POPULAR ESTATES IN IBADAN WHERE THE RICH LIVE NEWS 10 POPULAR ESTATES IN IBADAN WHERE THE RICH LIVE written by City People Property Market October 9, 2017 Ibadan, the capital city of Oyo State, is presently enjoying a serious boom in the real estate sector of the state. There has been an impressive turnaround in the sector unlike before. The obvious evidence of this development is how major players in the industry are now coming to Ibadan, to tap into the limitless opportunities the city can offer because the environment is peaceful and quite cheaper to run a business compared to Lagos and Abuja. Though most of them have their offices in those aforementioned places but the land seems to be greener in Ibadan; there are so many lands and new areas to develop. That was the potential the likes of Alhaji Tunde Ologburo’s Quikborn Nig. Ltd; Otunba Olumide Oshunshina and his Megamund Nig. Ltd (Carton Gate Estates) and few others saw long before now to have hugely invested in Ibadan real estate sector. Before Adron Homes & Properties and others lately joined the fray, they have all contributed to the development of that sector in building serene, classy estates with irresistible amenities which can be bought at reasonable prices, depending on one’s level and taste. This is in addition to the existing Government Reser ved Areas/Estates and privately owned estates. We also have other developers in Ibadan apart from the popular ones that are doing wonderfully well in the industry too. Out of these estates however, there are some that are very popular. Those that you don’t have to live in Ibadan to reckon with. While some of them are old estates built by the government, some are newly developed estates with master piece architectural designs. But guess what? Some of these estates don’t come cheap, they are exclusively for the super rich and influential personalities. In this special report however, City People Correspondent, Dare Adeniran presents to you 10 most popular estates where the rich live in Ibadan and why they are the most talked about. Read on. OKE AGALA ESTATE The total turnaround story of Oke-Agala Estate located at the notorious Igbo-Agala Yemetu area of Ibadan which used to serve as hideout of hoodlums, ritualists and men of the underworld, is quite an interesting one. Now it has been fully developed and a plot of land is sold there as high as over 20 million naira. It is a well structured estate with good road network and several amenities. IKOLABA GRA This is one of the few government reserved areas where the rich and powerful celebrities live in Ibadan. It is highly exclusive for people who can afford it. This is where we have Nigeria Customs Service, Federal Secretariat, National Health Insurance Scheme (NHIS) and others. IYAGANKU GRA Iyaganku G.R.A is exclusive for super rich and powerful people. It is a residential neighbourhood with breathtaking structures. This is where the likes of Chief Kola Daisi, Chief Bayo Adelabu, Senator Folarin and many influential people live in Ibadan. Glo Chairman, Chief Mike Adenuga also has his home (Gold Digger’s Place) within the estate. Many expertrates also live there. In fact, Iyaganku G.R.A is called billionaire G.R.A in Ibadan, with high tech infra structural facilities including a fully armed neighbourhood police station. ALALUBOSA GRA It won’t be out of line to describe Alalubo as Magodo of Ibadan. The estate is famous for being a place for the classy people. The selling point of the place, apart from the beautiful landscape, is the fact that it has large coverage areas, which now house many privately-owned estates, thereby making properties in this area a hot cake, as a plot of land is sold as high as 25 million naira, while landed property with structure goes for 35 to 40 million naira. KOLAPO ISHOLA GRA This is another fast developing estate near Akobo/General Gas axis. Though it was abandoned for many years but the estate has bounced back and it has since become developers’ favourite construction site, due to its location and space. Both land and developed property have turned gold here. Selling point of the estate however is the fact that its main road leads back to Dizzengolf, along Iwo-road. A plot land with C of O Title in this estate can’t be sold for less than 12 million naira. AERODROME GRA When the former Governor of Oyo State, Otunba Adebayo Alao-Akala, proposed to convert the then abandoned Samonda local airport to a housing estate, many came against the idea but today the place has risen to become one of the most expensive and fast growing estates in Ibadan. At the initial stage, a plot of land was sold for about 3 million. But now the same land goes for between 15, 17 and 30 million, depending on location and sizes. Aerodrome GRA is a hot cake due to its location; it is on a well tarred major road, along Ojo Express road and a few metres away from the University of Ibadan. Privately owned estates are also springing up within the estate almost everyday. JERICHO GRA This is another government-owned estate in Ibadan and its existence is dated back to the colonial era. But now many new structures are springing up every now and then. In fact, Odua group, in partnership with a privately owned real estate company, recently constructed two beautiful estates within the estate. ONIREKE GRA Though it is a mixture of rich individuals living in Onireke GRA but the estate is known to be populated by Lebanese in Ibadan and that has been the case for a very long time now, perhaps because of its closeness to Dugbe (Central Business District) where most of their companies/businesses are located. It is a fully developed high brow/low density residential hub. Land or property here is quite expensive too. AGODI GRA Apart from being a residential estate for the powerful people, Agodi GRA prides itself as a clean and serene environment. In fact, it could be best described as the seat and home of power. This is where the Oyo State Secretariat, Governor’s office and house, the Deputy Governor’s house and the First Lady’s office, Army Officers Mess are all located. It also has the prominent Justice Wale Babalakin crescent where a plot of land goes for 50 million and above. BODIJA GRA Bodija is one of the oldest and most popular estates in Ibadan. It has old and new sides mostly with old structures, especially the old Bodija side. New Bodija is an improved phase of the the estate with mind-blowing structures. What however can’t be taken away from the estate is the fact that it is a peaceful, cool area for some highly placed people in the society. Bodija is fully occupied and one can hardly get free land except for the very few transfers from old owners. A property here costs nothing less than 25 to 30 million naira. AKOBO GRA This estate is no doubt one of the biggest in Ibadan; it has many phases within it. There is General Gas, Akala Way and other privately developed estates within it. Here you see master piece structures just like the other high tech estates around and property/land doesn’t come cheap there. A plot of land goes for 20 million naira and above, depending on the part of the estate. Akobo, especially the Akala Way, started enjoying massive boom when ex-Gov. Adebayo Alao Akala upgraded the road that links Kute, Olorunda back to Akobo-Ojurin. Hence the raod was named “Akala Way”. Akobo has also become real estate investors’ favourite site as it now houses many privately developed estates. 1 Like 1 Share |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by ottersberger(m): 7:06pm On Oct 25, 2023 |
Putinofrussia:
don't compare your backward region with Ibadan again because has more infrastructures and more developed than the entire Igboland.
Check this out: It can never be found in poverty stricken SE Igboland.
City People Magazine HOME NEWS ENTERTAINMENT FASHION FLASHBACK ADVERTISE City People Magazine Banner Home News 10 POPULAR ESTATES IN IBADAN WHERE THE RICH LIVE NEWS 10 POPULAR ESTATES IN IBADAN WHERE THE RICH LIVE written by City People Property Market October 9, 2017
Ibadan, the capital city of Oyo State, is presently enjoying a serious boom in the real estate sector of the state. There has been an impressive turnaround in the sector unlike before. The obvious evidence of this development is how major players in the industry are now coming to Ibadan, to tap into the limitless opportunities the city can offer because the environment is peaceful and quite cheaper to run a business compared to Lagos and Abuja.
Though most of them have their offices in those aforementioned places but the land seems to be greener in Ibadan; there are so many lands and new areas to develop. That was the potential the likes of Alhaji Tunde Ologburo’s Quikborn Nig. Ltd; Otunba Olumide Oshunshina and his Megamund Nig. Ltd (Carton Gate Estates) and few others saw long before now to have hugely invested in Ibadan real estate sector. Before Adron Homes & Properties and others lately joined the fray, they have all contributed to the development of that sector in building serene, classy estates with irresistible amenities which can be bought at reasonable prices, depending on one’s level and taste. This is in addition to the existing Government Reser ved Areas/Estates and privately owned estates.
We also have other developers in Ibadan apart from the popular ones that are doing wonderfully well in the industry too. Out of these estates however, there are some that are very popular. Those that you don’t have to live in Ibadan to reckon with.
While some of them are old estates built by the government, some are newly developed estates with master piece architectural designs. But guess what? Some of these estates don’t come cheap, they are exclusively for the super rich and influential personalities. In this special report however, City People Correspondent, Dare Adeniran presents to you 10 most popular estates where the rich live in Ibadan and why they are the most talked about. Read on.
OKE AGALA ESTATE
The total turnaround story of Oke-Agala Estate located at the notorious Igbo-Agala Yemetu area of Ibadan which used to serve as hideout of hoodlums, ritualists and men of the underworld, is quite an interesting one. Now it has been fully developed and a plot of land is sold there as high as over 20 million naira. It is a well structured estate with good road network and several amenities.
IKOLABA GRA
This is one of the few government reserved areas where the rich and powerful celebrities live in Ibadan. It is highly exclusive for people who can afford it. This is where we have Nigeria Customs Service, Federal Secretariat, National Health Insurance Scheme (NHIS) and others.
IYAGANKU GRA
Iyaganku G.R.A is exclusive for super rich and powerful people. It is a residential neighbourhood with breathtaking structures. This is where the likes of Chief Kola Daisi, Chief Bayo Adelabu, Senator Folarin and many influential people live in Ibadan. Glo Chairman, Chief Mike Adenuga also has his home (Gold Digger’s Place) within the estate. Many expertrates also live there. In fact, Iyaganku G.R.A is called billionaire G.R.A in Ibadan, with high tech infra structural facilities including a fully armed neighbourhood police station.
ALALUBOSA GRA
It won’t be out of line to describe Alalubo as Magodo of Ibadan. The estate is famous for being a place for the classy people. The selling point of the place, apart from the beautiful landscape, is the fact that it has large coverage areas, which now house many privately-owned estates, thereby making properties in this area a hot cake, as a plot of land is sold as high as 25 million naira, while landed property with structure goes for 35 to 40 million naira.
KOLAPO ISHOLA GRA
This is another fast developing estate near Akobo/General Gas axis. Though it was abandoned for many years but the estate has bounced back and it has since become developers’ favourite construction site, due to its location and space. Both land and developed property have turned gold here. Selling point of the estate however is the fact that its main road leads back to Dizzengolf, along Iwo-road. A plot land with C of O Title in this estate can’t be sold for less than 12 million naira.
AERODROME GRA
When the former Governor of Oyo State, Otunba Adebayo Alao-Akala, proposed to convert the then abandoned Samonda local airport to a housing estate, many came against the idea but today the place has risen to become one of the most expensive and fast growing estates in Ibadan. At the initial stage, a plot of land was sold for about 3 million. But now the same land goes for between 15, 17 and 30 million, depending on location and sizes. Aerodrome GRA is a hot cake due to its location; it is on a well tarred major road, along Ojo Express road and a few metres away from the University of Ibadan. Privately owned estates are also springing up within the estate almost everyday.
JERICHO GRA
This is another government-owned estate in Ibadan and its existence is dated back to the colonial era. But now many new structures are springing up every now and then. In fact, Odua group, in partnership with a privately owned real estate company, recently constructed two beautiful estates within the estate.
ONIREKE GRA
Though it is a mixture of rich individuals living in Onireke GRA but the estate is known to be populated by Lebanese in Ibadan and that has been the case for a very long time now, perhaps because of its closeness to Dugbe (Central Business District) where most of their companies/businesses are located. It is a fully developed high brow/low density residential hub. Land or property here is quite expensive too.
AGODI GRA
Apart from being a residential estate for the powerful people, Agodi GRA prides itself as a clean and serene environment. In fact, it could be best described as the seat and home of power. This is where the Oyo State Secretariat, Governor’s office and house, the Deputy Governor’s house and the First Lady’s office, Army Officers Mess are all located. It also has the prominent Justice Wale Babalakin crescent where a plot of land goes for 50 million and above.
BODIJA GRA
Bodija is one of the oldest and most popular estates in Ibadan. It has old and new sides mostly with old structures, especially the old Bodija side. New Bodija is an improved phase of the the estate with mind-blowing structures. What however can’t be taken away from the estate is the fact that it is a peaceful, cool area for some highly placed people in the society. Bodija is fully occupied and one can hardly get free land except for the very few transfers from old owners. A property here costs nothing less than 25 to 30 million naira.
AKOBO GRA
This estate is no doubt one of the biggest in Ibadan; it has many phases within it. There is General Gas, Akala Way and other privately developed estates within it. Here you see master piece structures just like the other high tech estates around and property/land doesn’t come cheap there. A plot of land goes for 20 million naira and above, depending on the part of the estate. Akobo, especially the Akala Way, started enjoying massive boom when ex-Gov. Adebayo Alao Akala upgraded the road that links Kute, Olorunda back to Akobo-Ojurin. Hence the raod was named “Akala Way”. Akobo has also become real estate investors’ favourite site as it now houses many privately developed estates.
You sat down to write this long epistle over a random banter. You obviously no get Sense! 1 Like |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by MXrep: 7:11pm On Oct 25, 2023 |
Putinofrussia:
don't compare your backward region with Ibadan again because has more infrastructures and more developed than the entire Igboland.
Check this out: It can never be found in poverty stricken SE Igboland.
City People Magazine HOME NEWS ENTERTAINMENT FASHION FLASHBACK ADVERTISE City People Magazine Banner Home News 10 POPULAR ESTATES IN IBADAN WHERE THE RICH LIVE NEWS 10 POPULAR ESTATES IN IBADAN WHERE THE RICH LIVE written by City People Property Market October 9, 2017
Ibadan, the capital city of Oyo State, is presently enjoying a serious boom in the real estate sector of the state. There has been an impressive turnaround in the sector unlike before. The obvious evidence of this development is how major players in the industry are now coming to Ibadan, to tap into the limitless opportunities the city can offer because the environment is peaceful and quite cheaper to run a business compared to Lagos and Abuja.
Though most of them have their offices in those aforementioned places but the land seems to be greener in Ibadan; there are so many lands and new areas to develop. That was the potential the likes of Alhaji Tunde Ologburo’s Quikborn Nig. Ltd; Otunba Olumide Oshunshina and his Megamund Nig. Ltd (Carton Gate Estates) and few others saw long before now to have hugely invested in Ibadan real estate sector. Before Adron Homes & Properties and others lately joined the fray, they have all contributed to the development of that sector in building serene, classy estates with irresistible amenities which can be bought at reasonable prices, depending on one’s level and taste. This is in addition to the existing Government Reser ved Areas/Estates and privately owned estates.
We also have other developers in Ibadan apart from the popular ones that are doing wonderfully well in the industry too. Out of these estates however, there are some that are very popular. Those that you don’t have to live in Ibadan to reckon with.
While some of them are old estates built by the government, some are newly developed estates with master piece architectural designs. But guess what? Some of these estates don’t come cheap, they are exclusively for the super rich and influential personalities. In this special report however, City People Correspondent, Dare Adeniran presents to you 10 most popular estates where the rich live in Ibadan and why they are the most talked about. Read on.
OKE AGALA ESTATE
The total turnaround story of Oke-Agala Estate located at the notorious Igbo-Agala Yemetu area of Ibadan which used to serve as hideout of hoodlums, ritualists and men of the underworld, is quite an interesting one. Now it has been fully developed and a plot of land is sold there as high as over 20 million naira. It is a well structured estate with good road network and several amenities.
IKOLABA GRA
This is one of the few government reserved areas where the rich and powerful celebrities live in Ibadan. It is highly exclusive for people who can afford it. This is where we have Nigeria Customs Service, Federal Secretariat, National Health Insurance Scheme (NHIS) and others.
IYAGANKU GRA
Iyaganku G.R.A is exclusive for super rich and powerful people. It is a residential neighbourhood with breathtaking structures. This is where the likes of Chief Kola Daisi, Chief Bayo Adelabu, Senator Folarin and many influential people live in Ibadan. Glo Chairman, Chief Mike Adenuga also has his home (Gold Digger’s Place) within the estate. Many expertrates also live there. In fact, Iyaganku G.R.A is called billionaire G.R.A in Ibadan, with high tech infra structural facilities including a fully armed neighbourhood police station.
ALALUBOSA GRA
It won’t be out of line to describe Alalubo as Magodo of Ibadan. The estate is famous for being a place for the classy people. The selling point of the place, apart from the beautiful landscape, is the fact that it has large coverage areas, which now house many privately-owned estates, thereby making properties in this area a hot cake, as a plot of land is sold as high as 25 million naira, while landed property with structure goes for 35 to 40 million naira.
KOLAPO ISHOLA GRA
This is another fast developing estate near Akobo/General Gas axis. Though it was abandoned for many years but the estate has bounced back and it has since become developers’ favourite construction site, due to its location and space. Both land and developed property have turned gold here. Selling point of the estate however is the fact that its main road leads back to Dizzengolf, along Iwo-road. A plot land with C of O Title in this estate can’t be sold for less than 12 million naira.
AERODROME GRA
When the former Governor of Oyo State, Otunba Adebayo Alao-Akala, proposed to convert the then abandoned Samonda local airport to a housing estate, many came against the idea but today the place has risen to become one of the most expensive and fast growing estates in Ibadan. At the initial stage, a plot of land was sold for about 3 million. But now the same land goes for between 15, 17 and 30 million, depending on location and sizes. Aerodrome GRA is a hot cake due to its location; it is on a well tarred major road, along Ojo Express road and a few metres away from the University of Ibadan. Privately owned estates are also springing up within the estate almost everyday.
JERICHO GRA
This is another government-owned estate in Ibadan and its existence is dated back to the colonial era. But now many new structures are springing up every now and then. In fact, Odua group, in partnership with a privately owned real estate company, recently constructed two beautiful estates within the estate.
ONIREKE GRA
Though it is a mixture of rich individuals living in Onireke GRA but the estate is known to be populated by Lebanese in Ibadan and that has been the case for a very long time now, perhaps because of its closeness to Dugbe (Central Business District) where most of their companies/businesses are located. It is a fully developed high brow/low density residential hub. Land or property here is quite expensive too.
AGODI GRA
Apart from being a residential estate for the powerful people, Agodi GRA prides itself as a clean and serene environment. In fact, it could be best described as the seat and home of power. This is where the Oyo State Secretariat, Governor’s office and house, the Deputy Governor’s house and the First Lady’s office, Army Officers Mess are all located. It also has the prominent Justice Wale Babalakin crescent where a plot of land goes for 50 million and above.
BODIJA GRA
Bodija is one of the oldest and most popular estates in Ibadan. It has old and new sides mostly with old structures, especially the old Bodija side. New Bodija is an improved phase of the the estate with mind-blowing structures. What however can’t be taken away from the estate is the fact that it is a peaceful, cool area for some highly placed people in the society. Bodija is fully occupied and one can hardly get free land except for the very few transfers from old owners. A property here costs nothing less than 25 to 30 million naira.
AKOBO GRA
This estate is no doubt one of the biggest in Ibadan; it has many phases within it. There is General Gas, Akala Way and other privately developed estates within it. Here you see master piece structures just like the other high tech estates around and property/land doesn’t come cheap there. A plot of land goes for 20 million naira and above, depending on the part of the estate. Akobo, especially the Akala Way, started enjoying massive boom when ex-Gov. Adebayo Alao Akala upgraded the road that links Kute, Olorunda back to Akobo-Ojurin. Hence the raod was named “Akala Way”. Akobo has also become real estate investors’ favourite site as it now houses many privately developed estates.
So GRAs where political thieves live are the only good places in Ibadan. Apart from upper political class the rest are mud house and brown roof dwellers? 1 Like |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by delpee(f): 11:44pm On Oct 25, 2023 |
Salewa97:
Land are very expensive in those area you mentioned.
It’s better you consult with local agents there.
An example for Agodi here. Bodija too go dey expensive.
Thanks |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Swiftgrp: 5:38am On Oct 26, 2023 |
Salewa97: Lol
OP dey play. Come to Ibadan and buy land.
What I love about Ibadan is that it accommodates all sphere of life.
If you are not too rich, you can get a cheap land. If you are rich, you can get extravagant expensively land.
That is to add to the fact that it is almost as big as some states in Nigeria.
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Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Swiftgrp: 5:40am On Oct 26, 2023 |
Putinofrussia:
don't compare your backward region with Ibadan again because has more infrastructures and more developed than the entire Igboland.
Check this out: It can never be found in poverty stricken SE Igboland.
City People Magazine HOME NEWS ENTERTAINMENT FASHION FLASHBACK ADVERTISE City People Magazine Banner Home News 10 POPULAR ESTATES IN IBADAN WHERE THE RICH LIVE NEWS 10 POPULAR ESTATES IN IBADAN WHERE THE RICH LIVE written by City People Property Market October 9, 2017
Ibadan, the capital city of Oyo State, is presently enjoying a serious boom in the real estate sector of the state. There has been an impressive turnaround in the sector unlike before. The obvious evidence of this development is how major players in the industry are now coming to Ibadan, to tap into the limitless opportunities the city can offer because the environment is peaceful and quite cheaper to run a business compared to Lagos and Abuja.
Though most of them have their offices in those aforementioned places but the land seems to be greener in Ibadan; there are so many lands and new areas to develop. That was the potential the likes of Alhaji Tunde Ologburo’s Quikborn Nig. Ltd; Otunba Olumide Oshunshina and his Megamund Nig. Ltd (Carton Gate Estates) and few others saw long before now to have hugely invested in Ibadan real estate sector. Before Adron Homes & Properties and others lately joined the fray, they have all contributed to the development of that sector in building serene, classy estates with irresistible amenities which can be bought at reasonable prices, depending on one’s level and taste. This is in addition to the existing Government Reser ved Areas/Estates and privately owned estates.
We also have other developers in Ibadan apart from the popular ones that are doing wonderfully well in the industry too. Out of these estates however, there are some that are very popular. Those that you don’t have to live in Ibadan to reckon with.
While some of them are old estates built by the government, some are newly developed estates with master piece architectural designs. But guess what? Some of these estates don’t come cheap, they are exclusively for the super rich and influential personalities. In this special report however, City People Correspondent, Dare Adeniran presents to you 10 most popular estates where the rich live in Ibadan and why they are the most talked about. Read on.
OKE AGALA ESTATE
The total turnaround story of Oke-Agala Estate located at the notorious Igbo-Agala Yemetu area of Ibadan which used to serve as hideout of hoodlums, ritualists and men of the underworld, is quite an interesting one. Now it has been fully developed and a plot of land is sold there as high as over 20 million naira. It is a well structured estate with good road network and several amenities.
IKOLABA GRA
This is one of the few government reserved areas where the rich and powerful celebrities live in Ibadan. It is highly exclusive for people who can afford it. This is where we have Nigeria Customs Service, Federal Secretariat, National Health Insurance Scheme (NHIS) and others.
IYAGANKU GRA
Iyaganku G.R.A is exclusive for super rich and powerful people. It is a residential neighbourhood with breathtaking structures. This is where the likes of Chief Kola Daisi, Chief Bayo Adelabu, Senator Folarin and many influential people live in Ibadan. Glo Chairman, Chief Mike Adenuga also has his home (Gold Digger’s Place) within the estate. Many expertrates also live there. In fact, Iyaganku G.R.A is called billionaire G.R.A in Ibadan, with high tech infra structural facilities including a fully armed neighbourhood police station.
ALALUBOSA GRA
It won’t be out of line to describe Alalubo as Magodo of Ibadan. The estate is famous for being a place for the classy people. The selling point of the place, apart from the beautiful landscape, is the fact that it has large coverage areas, which now house many privately-owned estates, thereby making properties in this area a hot cake, as a plot of land is sold as high as 25 million naira, while landed property with structure goes for 35 to 40 million naira.
KOLAPO ISHOLA GRA
This is another fast developing estate near Akobo/General Gas axis. Though it was abandoned for many years but the estate has bounced back and it has since become developers’ favourite construction site, due to its location and space. Both land and developed property have turned gold here. Selling point of the estate however is the fact that its main road leads back to Dizzengolf, along Iwo-road. A plot land with C of O Title in this estate can’t be sold for less than 12 million naira.
AERODROME GRA
When the former Governor of Oyo State, Otunba Adebayo Alao-Akala, proposed to convert the then abandoned Samonda local airport to a housing estate, many came against the idea but today the place has risen to become one of the most expensive and fast growing estates in Ibadan. At the initial stage, a plot of land was sold for about 3 million. But now the same land goes for between 15, 17 and 30 million, depending on location and sizes. Aerodrome GRA is a hot cake due to its location; it is on a well tarred major road, along Ojo Express road and a few metres away from the University of Ibadan. Privately owned estates are also springing up within the estate almost everyday.
JERICHO GRA
This is another government-owned estate in Ibadan and its existence is dated back to the colonial era. But now many new structures are springing up every now and then. In fact, Odua group, in partnership with a privately owned real estate company, recently constructed two beautiful estates within the estate.
ONIREKE GRA
Though it is a mixture of rich individuals living in Onireke GRA but the estate is known to be populated by Lebanese in Ibadan and that has been the case for a very long time now, perhaps because of its closeness to Dugbe (Central Business District) where most of their companies/businesses are located. It is a fully developed high brow/low density residential hub. Land or property here is quite expensive too.
AGODI GRA
Apart from being a residential estate for the powerful people, Agodi GRA prides itself as a clean and serene environment. In fact, it could be best described as the seat and home of power. This is where the Oyo State Secretariat, Governor’s office and house, the Deputy Governor’s house and the First Lady’s office, Army Officers Mess are all located. It also has the prominent Justice Wale Babalakin crescent where a plot of land goes for 50 million and above.
BODIJA GRA
Bodija is one of the oldest and most popular estates in Ibadan. It has old and new sides mostly with old structures, especially the old Bodija side. New Bodija is an improved phase of the the estate with mind-blowing structures. What however can’t be taken away from the estate is the fact that it is a peaceful, cool area for some highly placed people in the society. Bodija is fully occupied and one can hardly get free land except for the very few transfers from old owners. A property here costs nothing less than 25 to 30 million naira.
AKOBO GRA
This estate is no doubt one of the biggest in Ibadan; it has many phases within it. There is General Gas, Akala Way and other privately developed estates within it. Here you see master piece structures just like the other high tech estates around and property/land doesn’t come cheap there. A plot of land goes for 20 million naira and above, depending on the part of the estate. Akobo, especially the Akala Way, started enjoying massive boom when ex-Gov. Adebayo Alao Akala upgraded the road that links Kute, Olorunda back to Akobo-Ojurin. Hence the raod was named “Akala Way”. Akobo has also become real estate investors’ favourite site as it now houses many privately developed estates.
Insightful. 1 Like 1 Share |
Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Swiftgrp: 5:43am On Oct 26, 2023 |
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Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Swiftgrp: 5:47am On Oct 26, 2023 |
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Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by NaijirianKing: 6:22am On Oct 26, 2023 |
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Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by INDOMIE9090(f): 7:45am On Oct 26, 2023 |
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Re: Prices Of Land In Ibadan Vs Nsukka (pictures) by Putinofrussia: 8:01am On Oct 26, 2023 |
MXrep:
So GRAs where political thieves live are the only good places in Ibadan. Apart from upper political class the rest are mud house and brown roof dwellers? You see how poverty stricken Igbos are now. So it is only politicians that live in the 8 GRAs in the entire Igboland? Igbos don really suffer in the hand of poverty. No wonder millions of them are taking the first nightbuses to the rich Yorubaland. |