Gidi Town Offers 50% Discount on Lagos' Fast-Growing Ikola Plots
Lagos' sprawl continues westwards, with families and developers eyeing areas like Ikola in Alagbado. These areas offer quick access to Ikeja and the mainland, avoiding city congestion. Gidi Town, a new estate in Ikola, is making waves with its attractive pricing and amenities.
Gidi Town is offering 500 sqm plots at a pre-launch price of N28 million, a staggering 50% discount from the current market rate of around N40 million in nearby estates. This provides buyers with instant equity in a rapidly appreciating corridor.
Each plot comes with a global Certificate of Occupancy, ensuring secure ownership and bankable documentation. The estate's location in a mature community offers convenient access to landmarks, markets, and places of worship. Existing infrastructure includes power lines, perimeter fencing, drainage, and a road network. The Ikola-Alagbado corridor has seen dramatic price growth, with plots once selling for N6 million now commanding around N55 million in neighbouring estates.
Gidi Town's strategic location, attractive pricing, and secure documentation make it an appealing investment for both families and investors. With an acute housing shortage driving property prices skyward in Ikola, this estate presents a timely opportunity.