Why we are hosting real estate marketplace, by Lagos official

The Special Adviser to Lagos State Governor on Housing, Mrs. Toke Benson-Awoyinka, has explained reasons the state’s State Real Estate Regulatory Authority- (LASRERA) is hosting third edition of Lagos Real Estate Market Place conference and exhibitions next week.

Benson-Awoyinka stated that the event is meant to redefine the stat’s real estate market meet developmental standard and to attract more international investment opportunities to the state.

While assuring that LASRERA will continue to play its role as regulator in the built sector, to strengthen and curb the potential risks for investors in the market, she urged individuals/organisations that are yet to register with the agency can do that at the conference.

She promised that the government would sustain the platform of the yearly conference for the stakeholders to brainstorm on how to ensure that real estate business transactions meet the smart city vision of the government.

Benson-Awoyinka added that discussions at the event would be in form of a Town Hall Meeting on: “The Lagos Real Estate Emerging Markets – Mitigating Potential Risks.”

She emphasised the need for stakeholders in the real estate market to protect the sector from impostors whose actions portend great risk to the real estate market in the state.

Benson-Awoyinka revealed that seasoned speakers are already billed for this year forum to deliberate on potential risks in real Estate transactions, laws that protect real estate investment transactions, policies and guidelines about the state’s real estate sector.