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.
The Chairman of Lagos Branch of Nigerian Institution of Estate Surveyors and Valuers (NIESV), Adedotun Bamigbola said the sudden rise in property investment in Badagry is because of infrastructural development with the trading route and a historical town
He said Badagry is heralding into a robust real estate development. There are also industries along the route, while the cost of land is comparatively low.
Lagos property market is moving towards Badagry and its environs because of its potentials arising from its status as a Free Trade Zone with the discovery of oil and the ongoing reconstruction of Lagos- Badagry Expressway.
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