Lagos’s housing deficit stands at about 3.4 million units as of 2025—up 15% from 2.95 million in 2016. Ogun State faces similar pressure from population inflow and industrial growth.
Scarce, expensive land in core Lagos has driven rents up 80–120% between 2024 and 2026, pushing residents and investors toward the Lagos–Ogun border corridor. Areas such as Mowe, Epe, Ikorodu (Agbowa and Imota) now offer more accessible land.
Investors gain from lower entry costs, strong appreciation potential, and steady demand from Lagos workers. Infrastructure upgrades and industrial activity further support value growth. Developing quality housing here helps close the deficit while delivering solid returns through sales or rentals.
If you’re looking for a Credible Real Estate Investment company, Contact Nestgeeks Realty at 08154132658