π‘ What is Land Excision in Progress? How to Protect Your Investment
When buying land in Lagos, you’ll often hear the phrase “Excision in Progress.” But what does it really mean—and should you buy such land?
π What is Excision in Progress?
Excision is when the Lagos State Government releases a portion of land back to its original community, making it available for private ownership.
Excision in Progress means: the community or developer has applied for excision, but the government has not yet approved it.
⚠️ Until the excision is officially gazetted, the land is still under government acquisition.
π¨ Why It Can Be Risky
1. No Guarantee of Approval – The government may refuse the application.
2. Scams Are Common – Some sellers use “excision in progress” as a marketing trick, even when no application exists.
3. Limited Security – You cannot process C of O or Governor’s Consent until excision is granted.
4. Resale Challenges – Serious buyers or banks may avoid such land due to unclear title.
✅ How to Protect Your Investment
1️⃣ Verify the Application
Go to the Lagos State Land Bureau and confirm if an application truly exists.
Ask for the File Number submitted for excision.
2️⃣ Buy Only from Trusted Developers
Work with companies who have track records of successful excisions.
3️⃣ Insist on Documentation
Request a copy of the Survey Plan and confirm it matches the application.
4️⃣ Don’t Put All Your Money Down
If you must buy, negotiate payment in phases until excision is confirmed.
5️⃣ Hire a Real Estate Lawyer
A professional lawyer will run proper due diligence and protect your interest.
π Final Word
Buying excision in progress land is like planting a seed—you need patience and risk tolerance. But if you’re looking for safety and fast appreciation, go for lands that already have C of O, Gazette, or Governor’s Consent.
π‘ Pro Investor Tip:
If you want peace of mind and guaranteed returns, estates like Tiara Estate Phase 1 (C of O, Facing Lekki Airport) are safer long-term investments.
π Call/WhatsApp +2348082952354 (Mr. Ilori Kolawole Samuel) to get verified options today.
π Example of Safety and fast appreciation you should invest in in :
Tiara Estate Phase 1
π§Ύ Title: C of O (Government Approved)
π Location: Directly Facing Lekki International Airport
π Size: 500sqm
π° Price: ₦35M | Initial Deposit: ₦6M
Other investment opportunities
Lekki Haviation Town: Price N39,999,999, C of O, location: Lekki Epe Expressway (all inclusive), initial deposit N8Million
π Tiara Estate Phase 2: Price: N26M, initial deposit N4MILLION
4 Bedroom Duplex Carcass at Amen Estate Phase 3
Location: Lekki epe expressway
500 SQM- N125/ legals 5%
650 SQM - N140M/Legals: 5%
Intial deposit: N10MILLION
π Call/WhatsApp: +2348082952354 (Mr. Ilori Kolawole Samuel)
#kolexproperties #ilorikolawole #amenestate #tiaraestate #lekkiaviationtown
#BillionaireSecretLand #land #lagos #SmartInvesting #NigeriaProperty #WealthBuilding #PropertyInvestment #RealEstateTips #InvestInLagos #FinancialFreedom #AffordableLand #LandBanking #InvestSmart #RealEstateInvesting #LagosPropertyMarket #PropertyOwnership #landgorsaleinlagos #lekkilagos #ajah #ikoyi #lagosnigeria #nigeriainusa #nigeriaincanada #nigeriaindubai
No comments:
Post a Comment