FG set to open purposes for five,000 renewed hope properties in Lagos

Following profitable groundbreaking, Nigerians at house and within the diaspora have been inspired to discover mortgage alternatives by means of the Federal Mortgage Bank of Nigeria (FMBN) to safe properties in Lagos for themselves, their youngsters and households.

The Federal Ministry of Housing and Urban Development (FMHUD) is ready to open its utility platform for eligible and Nigerians looking for to personal properties below the 5,000 Harmony Renewed Hope Housing Units being developed in partnership with Harmony Gardens and Estate Development Limited in Ibeju-Lekki, Lagos state.

The improvement follows the profitable groundbreaking held on Friday, October 30, 2026, at Lekki Aviation Town, Yegunda Government Resettlement Scheme, Ibeju-Lekki, Lagos state.

With the groundbreaking ceremony concluded, consideration is now shifting in direction of the homeownership utility course of, as Nigerians looking for residential properties in Lagos for themselves, their youngsters or different relations are inspired to start making enquiries by means of the Federal Mortgage Bank of Nigeria (FMBN) or their respective mortgage banks.

Interested candidates may contact Harmony Gardens instantly on 08034775527 for steering on obtainable housing choices, eligibility necessities, documentation and mortgage utility procedures.

The housing initiative will ship 5,000 residential models throughout Lekki Aviation Town, The Parliament and GranVille Estate inside 36 months, offering alternatives for eligible Nigerians at house and overseas to accumulate properties alongside the Lekki-Epe hall by means of structured mortgage financing and versatile fee preparations, topic to relevant financing circumstances.

Speaking throughout the groundbreaking ceremony, the Minister of Housing and Urban Development, Engr. Dr. Muttaqha Rabe Darma, disclosed that President Bola Ahmed Tinubu remained involved about Nigeria’s estimated 15 million housing deficit, affecting roughly 120 million Nigerians.

He defined that the Federal Government was contemplating a nationwide social housing initiative involving the development of 100 housing models in every native authorities space, alongside a proposed 100,000-unit housing programme.

According to the Minister, feasibility assessments and costing workouts have been underway to accommodate variations in development prices throughout states and be sure that the proposed developments reply to the housing wants of Nigerians.

In his remarks, the Managing Director and Chief Executive Officer of Harmony Gardens and Estate Development Limited, Hon. (Dr.) Audullahi Saheed Mosadoluwa, popularly generally known as Mr-Ibile and the Lagos Landlord, described the partnership with the Federal Government as an necessary alternative to make homeownership extra accessible by means of structured and reasonably priced fee preparations.

He defined that the initiative was designed not merely to assemble residential buildings however to develop sustainable communities the place Nigerians may personal properties by means of mortgage financing somewhat than relying solely on outright funds.

Mosadoluwa notably inspired mother and father who need to safe properties in Lagos for his or her youngsters, together with these finding out, working or planning to settle within the state, to reap the benefits of the chance to discover obtainable housing and mortgage choices.