Lagos State Government has affirmed its readiness to provide more homes by speedily completing its ongoing housing schemes in all the administrative divisions of the state.
The state’s Commissioner for Housing, Moruf Akinderu-Fatai, said this during a media briefing held at Bagauda Kaltho Press Centre, Alausa, Ikeja, on the commemoration of the first anniversary of the second term in office of Governor Babajide Sanwo-Olu.
He promised that the state would collaborate with the Federal Government on the Renewed Hope Housing initiative to provide over 2,000 home units in Ipaja and Ibeju-Lekki.
He also said there would be a partnership with a private finance institution to provide 800 units at Odola in Ikorodu Division.
All the initiatives, according to him, are targeted at first-time owners and low-income earners, with mortgages ranging from 10 years to 15 years.
Akinderu-Fatai also revealed that the old estates are being re-evaluated with a plan to restore their infrastructure and maximise the available lands for greater home yield.
He, however, said that residents of some of the ministry’s estates do not comply with the extant rules put in place to promote peaceful coexistence of all allottees in the estates
He, therefore, warned that the state would government revoke the allocations of allottees who do not comply with agreements signed at the point of release of homes.
Akinderu-Fatai, who also warned the allottees of the estates to desist from the practice of contravention of the original master plans of the estates through various alterations, modifications and adjustments, said the ministry would be forced to revert to the original master plans and seal the property affected.
He also hinted that the state government might retrieve any contravening property following an agreement signed with the allotees.
Akinderu-Fatai further called on residents of the state to be wary of the activities of dubious individuals or organisations parading themselves as registered real estate agents in the state.
He also warned individuals and organisations engaging in real estate business without due registration with the Lagos State Real Estate Registration Agency (LASRERA) to desist from such acts.
The commissioner said the Lagos State Judiciary, in collaboration with LASRERA, had promised to expedite actions on court matters relating to real estate to obtain timely justice for defrauded members of the public.
