Lagos Ignites Property Revival in Badagry


Lagos-badagry expressway

Abandoned to fate by successive governments, the ancient city of Badagry has been bereft of any meaningful property investment. However recent infrastructural developments spearheaded by the Lagos State government have ignited growing interests among investors in the once docile city.

With the discovery of oil, ongoing reconstruction of Lagos- Badagry Express way, relative peaceful environment, and cheap expanse of land, the axis is heralding a robust real estate development despite the lull in Nigerian property market. The historical city now offers a ray of hope for property investment with developers and realtors coming with different incentives to take the large chunk of the bounty.

The axis, comprises of Ajara, Mowo, Badagry, and Agemowo Village, is now witnessing investments in the excess of $5 billion with an avalanche of private developments.

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January 21, 2020 Nigeria 0 Comment

Badagry is the future of Lagos


Lagos State Government Officials and EchoStone Director in Peridot House

Lagos State Government Officials and EchoStone Director in Peridot House

Managing Director, Echostone Development Nigeria, Mr Sammy Adigun has described Badagry where Lagos State government is building its first green and eco-friendly estate as the future of the state, adding that the Echostone took advantage of the history of the town and available infrastructure to come up with the novel project.

Adigun stated this on Thursday during a site inspection of the Peridot Parkland Estate by Commissioner for Housing, Moruf Akinderu-Fatai before the close of the first quarter of this year. on Thursday in Badagry.

Adigun further urged people to buy houses in the estate now and pay later, as the value of the houses would double in the next five years.

Badagry is the future of Lagos. When you talk of Lekki 30 years ago, that is what Badagry is today, it is even 10 years away from blooming. The road passed you passed from the airport to this place is 68 kilometres, while from the airport to Ajah is about 80 kilometres, so it is actually closer to come. When the expressway is completed the travel time from the airport will drastically reduce.”

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January 21, 2020 Nigeria 0 Comment

First Eco-Friendly Community in Panama


Haciendas de San Antonio in PacoraArvec Anteproyecto and EchoStone are the developers of the first eco-friendly community in Panama, Haciendas de San Antonio in Pacora, certified by the global brand for environmental care EDGE (Excellence in Design for Higher Efficiencies), this being an innovation of the Financial Corporation International (IFC), a member of the World Bank Group, which evaluates, promotes and guarantees the construction of ecological communities around the world in a faster, easier and more affordable way to the buyer.

Hundreds of Panamanians will enjoy the privilege of living in a home that provides direct benefits to the economy of their home, in addition to collaborating with the care of the environment. Continue reading
January 8, 2020 Panama 0 Comment

Business Connect on Stv: Mr. Sammy Adigun, EchoStone Director


On this segment of CastMedia Business Connect on Stv, we features Mr. Sammy Adigun who is a Director at EchoStone Nigeria Ltd. And he spoke in length about what the company have been able to achieve over the years. Including how the company came to break a record of building a house from foundation to finishing including furnishing it for living in just 14 days.

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January 6, 2020 Nigeria 0 Comment

Lagos Boosts Housing Delivery with 252 Homes

SOURCE: THE GUARDIANState of Lagos Housing Inspection Photo

Efforts at reducing housing shortage in Lagos have received a boost with the construction of 252 housing units at Idale in Badagry local council. Commissioner for Housing, Lagos State, Moruf Akinderu Fatai, who gave the cheering news, said the structure is the first Joint Venture (JV with EchoStone Nigeria geared towards driving mass housing delivery in the state. Akinderu Fatai, who spoke during an inspection of the site, expressed gratitude with the new development, stressing that it is a cheaper way of building houses. He stated that the state government is thinking of employing the technology used for the Idale projects to two or three floors because it is cheaper, quicker and clean. Continue reading
December 30, 2019 Nigeria 0 Comment