AceRoyal Estates Homes Ltd. has unveiled plans to deliver 105 luxury housing units within 12 months, a move aimed at contributing to efforts to close Nigeria’s widening housing deficit.
According to a statement, the development – Eko Paragon, a 5-star hotel-style residential estate located in the serene Abijo G.R.A., Lagos, represents a new benchmark for innovation, comfort, and affordability in real estate investment.
Speaking on the project’s progress, the Managing Director and Chief Executive Officer of AceRoyal Estates Homes, Dr Endurance Agonor, revealed that construction, which commenced in February 2025, was nearing completion.
“Just eight months in, 41 housing units are already fully fitted and ready. Eko Paragon embodies our commitment to delivering affordable yet luxurious housing solutions in collaboration with the Lagos State Property Development Corporation,” he stated.
Agonor commended the Lagos State Government for its ongoing partnership and urged for more collaborative efforts to expand access to decent and affordable housing across the state.
“This milestone is not just for AceRoyal Estates Homes, but for Lagos and Nigeria at large. We appreciate the government’s support so far and call for continued support and collaboration to make projects like this even more impactful, reducing housing deficit and providing more affordable housing for everyone.”
According to the statement, Eko Paragon was strategically located within the secure and serene Abijo Government Reserved Area, a 10-minute drive from the Lekki-Epe Expressway.
It added, “Notably, Abijo stands as the only G.R.A. on Lagos Island, offering both exclusivity and accessibility. Designed to promote a balanced and healthy lifestyle, the estate features modern wellness and fitness facilities, including a gym, tennis courts, and spacious recreational areas. With only 32 per cent of its land area built up, residents enjoy ample greenery, private parking for two vehicles per unit, and additional spaces for visitors.
“Inside, each residence showcases exceptional attention to detail, from expansive living areas and kitchens elegantly designed for ease to bathrooms bigger than typical BQs in Lekki. The estate is also powered by a 24-hour electricity supply, ensuring uninterrupted comfort for all homeowners.”
