₦airaland Forum

ProjectsCityNG:
Definitely Ofada axis. 500-650k per acre !

epainos:
If possible, I need areas where real estate builders like Andron and the rest already have estates or land. There must be presence of Nigeria already buying land for residential purposes in the area...not just a bush...

So, where exactly around Ofada axis?

ProjectsCityNG:
Definitely Ofada.

epainos:
Please, what is special in this Ofada that it is definite? PLEASE elaborate on the pros. And if there is any con, let me know.

I don't get how Ofada will make a good investment for real estate. What are the names of the estate companies in the area?

Are you a land agent there?

ProjectsCityNG:
It fits the entire description of what you're looking for. I do agriculture in the area before I moved to Oyo state

epainos:
The bolded sentence makes me happy.

Please explain why you moved to Oyo State. Is there anything unique about Oyo State that is not in Ofada?

Also, what is the best way to go about purchasing land there? What are the common pitfalls to avoid?

ProjectsCityNG:
I have a very solid person in that arena to get you land. The mananaging my farms was also a Nairalander. He died, and we had bonded. He became someone who taught me trust existed after so many years of heart break. Is needed to forget him and moving away was the only way as the more I remembered him, the more I remembered my own past loved ones lost too !

epainos:
Sorry for your loss.

ProjectsCityNG:
It's fine. I can run the contact for you if you really want to pursue the course by July. You should also know that people with your kind of projects have been flooding to Oyo state too. Almost all the roads along the major express road. Just an hour from Ojoo are being sold daily

epainos:
Land purchasing entails obtaining the proper documentation and understanding all of the legalities involved. So, before I start anything, I always want to know what kind of documents I will be giving. And copies should be provided so that I can send them to my legal team for verification.

ProjectsCityNG:
Does anyone buy lands without passing thru these entire processes ?

I repeat I know the right sources for lands in Ofada axis. He is a personal person

ProjectsCityNG:
It's fine. I can run the contact for you if you really want to pursue the course by July. You should also know that people with your kind of projects have been flooding to Oyo state too. Almost all the roads along the major express road. Just an hour from Ojoo are being sold daily

Otiwaikuku:
Pls how much can one get an acre around Ofada areas?

epainos:
I am looking to buy about 5 acres (more or less) in Lagos or in Ogun, but somewhere close to Lagos where housing estates and development will take no more than 10 years. The real plan is to use the land to build residential flat blocks surrounded by nature. However, for the first two to five years, the land will be used for agriculture, while the real estate development plan is being planned.

Please recommend areas I can use and provide me with potential offers (prices).

epainos:
Read the thread very well again....he wrote N500 to N650k per acre which I believe the price may be lower. Ofada is a bit far from Lagos....not that close that Lagosians live there.

Why are you so interested in land around Ofada area? Could you kindly share?

epainos:
Please understand that the sources you know are insignificant to me. I believe you should see the language beforehand, but you want me to spell it out. To make sound decisions, I need an informative discussion based on evidence. This is why I am posting this request here. If these people are close to you and you know them so well that you are confident that this is the right place for my request, please state the documentation involved....or let someone else help out here. I do not want to read any further because you have sources there. Please, let us not go down the lane. Instead of relying on sources from people I met on NL, I am looking for information about the entire process. Sources people in the past relied on and were scammed.

THANKS!!!

ProjectsCityNG:
Does anyone buy lands without passing thru these entire processes ?

I repeat I know the right sources for lands in Ofada axis. He is a personal person

ProjectsCityNG:
Does anyone buy lands without passing thru these entire processes ?

I repeat I know the right sources for lands in Ofada axis. He is a personal person

ProjectsCityNG:
It's fine. I can run the contact for you if you really want to pursue the course by July. You should also know that people with your kind of projects have been flooding to Oyo state too. Almost all the roads along the major express road. Just an hour from Ojoo are being sold daily

ProjectsCityNG:
I have a very solid person in that arena to get you land. The mananaging my farms was also a Nairalander. He died, and we had bonded. He became someone who taught me trust existed after so many years of heart break. Is needed to forget him and moving away was the only way as the more I remembered him, the more I remembered my own past loved ones lost too !

epainos:
I am looking to buy about 5 acres (more or less) in Lagos or in Ogun, but somewhere close to Lagos where housing estates and development will take no more than 10 years. The real plan is to use the land to build residential flat blocks surrounded by nature. However, for the first two to five years, the land will be used for agriculture, while the real estate development plan is being planned.

Please recommend areas I can use and provide me with potential offers (prices).

bassdow:
your target might be ogun state except you have loads of money to spend.

As for areas close to Lagos state, anywhere in Ado-Odo-Ota in ogun state is close to Lagos state.

As for where to buy lands, I suggest you avoid buying lands in estates. But whatever you do, before paying for that land, even if it's just part payment of 1,000 naira , ensure you have money to do perimeter fencing even if it's just 4 or 5 coaches.

Also ensure after they have shown you the land, you come back days later alone and without informing anyOne of them to come look around, ask (indirect) questions among those within the vicinity to understand how things happens there. Depending on the area, doing survey is a MUST even before paying them the first penny.
There are other things sha but start with the above firstly.

bassdow:
Except you have loads of money, Lagos should be out of it. Your major target should be Ogun state. Probably around Ota or there about. So that getting to Lagos is super quick and less hassle. Would have suggested Shimawa which is between Lagos and Ogun state but land don finish for that area somehow. To get genuine land for that rea na hard work except you wanna buy from a preVious owner whom you do not really know nature of said land.

if wanting to buy cheap, and still stay close to Lagos state, just ensure you don't go beyond Ado-Odo-Ota (popularly known as Ota) local government. From there you could easily get bus to most parts of Lagos wether via toll gate or via Agbara or probably other areas.

Also there are big real estate companies there such as Adron. they've got multiple sites there.

Also you could buy directly from Omonile which I would suggest in your case. You just need to take some extra steps to avoid funny stories.

epainos:
Why should I avoid buying land in an estate?


How do I go about buying from omonile in Ado-Odo-Ota? Could you highlight steps to find genuine omonile? And after making inquiry behind them, what are the next steps to take?

bassdow:
Why should I avoid buying land in an estate?[/b]I personally don't like that due to their rules and regulations, among other things such as FEEs.

[b]How do I go about buying from omonile in Ado-Odo-Ota? Just locate any agent or landLord within an area BUT just becareful sha.

Could you highlight steps to find genuine omonile? To best of my knowledge, I don't think there's any laid down rule othert han liaising with someOne who has successfully patronized them before; possibly a resident landlord.

And after making inquiry behind them, what are the next steps to take? if you're OKay with outcome of your investigations / enquiries, and you equally sure the said land is not in conflict either at the moment or previously, then ensure to ask the sellers all the available documents they have for you, most times they might tell you the land has Survey but in real sense it's often a global Survey. If it has survey which it should, get a copy of it, and investigate further to ensure it's got no ties with the government, or in dispute.


ensure you have money to do perimeter fencing even if it's just 5-coaches. if you don't have funds to do foundation, just plant cassava inside it and have someone within the vicinity but not in anyway related to them to help you monitor the farm.

Alternatively, if you can't afford doing fence, you could skip it but ensure you do Foundation, and please don't just dig a single foundation. dig foundation everywhere to spoil the ground else those people don't mind selling half or quarter portion of your plot of land.
For example, say the land is 1-plot, rather than just doing foundation for 3-bedroom, equally do foundation for shop on the opposite side of the land hence if the house foundation is on the back left, the shop foundation should be on the front right ELSE nothing stops them selling the remaining half.

if said land is in acre(s), then you definitely need a perimeter fence. and if not ready to utilize said land, turn it to cassava farm.

Mind you, doing CornerPiece, doesn't protect the land in any way. All it does is indicate boundaries.

When buying land, taking immediate ownership is key. Leaving it for as little as 1-month could be more than enough time for them to act.

As for doing foundation, you really don't have to do complete foundation; you could do just 2 coaches even when you need more than that. What matyters is that work has started.

bassdow:
Why should I avoid buying land in an estate?[/b]I personally don't like that due to their rules and regulations, among other things such as FEEs.

[b]How do I go about buying from omonile in Ado-Odo-Ota? Just locate any agent or landLord within an area BUT just becareful sha.

Could you highlight steps to find genuine omonile? To best of my knowledge, I don't think there's any laid down rule othert han liaising with someOne who has successfully patronized them before; possibly a resident landlord.

And after making inquiry behind them, what are the next steps to take? if you're OKay with outcome of your investigations / enquiries, and you equally sure the said land is not in conflict either at the moment or previously, then ensure to ask the sellers all the available documents they have for you, most times they might tell you the land has Survey but in real sense it's often a global Survey. If it has survey which it should, get a copy of it, and investigate further to ensure it's got no ties with the government, or in dispute.


ensure you have money to do perimeter fencing even if it's just 5-coaches. if you don't have funds to do foundation, just plant cassava inside it and have someone within the vicinity but not in anyway related to them to help you monitor the farm.

Alternatively, if you can't afford doing fence, you could skip it but ensure you do Foundation, and please don't just dig a single foundation. dig foundation everywhere to spoil the ground else those people don't mind selling half or quarter portion of your plot of land.
For example, say the land is 1-plot, rather than just doing foundation for 3-bedroom, equally do foundation for shop on the opposite side of the land hence if the house foundation is on the back left, the shop foundation should be on the front right ELSE nothing stops them selling the remaining half.

if said land is in acre(s), then you definitely need a perimeter fence. and if not ready to utilize said land, turn it to cassava farm.

Mind you, doing CornerPiece, doesn't protect the land in any way. All it does is indicate boundaries.

When buying land, taking immediate ownership is key. Leaving it for as little as 1-month could be more than enough time for them to act.

As for doing foundation, you really don't have to do complete foundation; you could do just 2 coaches even when you need more than that. What matyters is that work has started.


if buying more than 3-plots, and in an area you think might need investigating, you could do what I call cheap Survey - you survey the land without filling it. Should cost less than 20,000 naira or now that cost of transportation is high, could be more. Basically entails the Surveyor coming to the site, taking the necessary readings, and going to their office to check things out.

Also please, never give work to those who sold land to you. Not even to those related to them. Source for your own bricklayer, labourer, etc. You could source for labourers within, but for bricklayer, get them outside the community. You could even go 2 major bustops away to get them. Ignore all recommendations no matter how sweet they might seem.
Also never pay money to workers upfront. they might be quick to ask for advance payment but never do that because some don't mind going with just 20% of the total amount charged.

Stay there or assign a family member to stay with them, and only give them money when work is complete. You could equally make friend with a landlord within (actually, a lot of them would want to make friends with new commer), give like 50% of the total money, and instruct him or her to only pay when you instruct to release the money, or if they personally checked to see the work was done as desired.
As for the remaining balance, you pay that yourself when you come and see it yourself. reason being that, even despite leaving instructions, the person could still release the fund to the person and claim ignorance that they thought it's been done or something along those lines. A lot of people irrespective of their age, no dey get shame.

bassdow:
if buying more than 2-plots, and in an area you think might need investigating, you could do what I call cheap Survey - you survey the land without filling it. Should cost less than 20,000 naira or now that cost of transportation is high, could be more. Basically entails the Surveyor coming to the site, taking the necessary readings, and going to their office to check things out.