Lagos govt completes Isale Gangan Towers and Gardens

THE Lagos State Government has completed the 11-storey Isale Gangan Towers and Gardens Luxury apartment.

According to a press statement signed by the Public Affairs Officer of the Lagos State Urban Renewal Agency (LASURA), Tunde Olusesi, the Towers is phase one of the redevelopment project for Isale Gangan which effectively took off in August, 2009 when a contact was signed with 12 families to release their plots of land for the development of an 11-floor building.

A total land space of approximately 2311.55 square metres was obtained through land pooling by the 12 families. In replacement and compensation, Lagos State Government through LASURA gave them temporary relocation, paid compensation for unexhausted improvement on their land and to resettled them into parts of the new development which consist of 48 units of condominium.

The 12 affected families were given an offer of two-bedroom condo/each sequel unit to the acquisition, revocation and re-development of the scheme phase one, being the families who pooled land together to give way to the 11-storey structure.

The names of the families who were given the offer were Oshilaja, Shiro, Bello Abass, Pam Pam, AbuduMukandasi Agoro, Adeyemi, Smith, Babatunde Baruwa, Ogunro, Adeniji-Adele, Labinjo, Braimoh Adegbite.

Special Adviser to the Lagos State Governor on Urban Development, Mrs Yetunde Onabule disclosed that Lagos State Government through  LASURA has paid N28,350,000 up to date as rents to all the affected families since inception of the project.

The state government has also approved the sum of N360,800,000 to be paid to all the families as compensation for their right of occupancy in respect of their properties which were revoked for the project.

General Manager, LASURA City Planner Lateef  Sholebo, stated that Isale Gangan apartment is a beautiful structure with intelligent designs that meets aesthetics to give a luxurious sturdy structure, while the ownership tittle of 99 years lease is guaranteed.

Three-bedroom flat is offered for sale at N50m while two-bedroom goes for N38m.

The property has amenities such as four 120c litre overhead tanks, three industrial boreholes, water treatment plants, sewage treatment plants, combined 2000 KVA generator, water sprinklers, all rooms ensuite, fitted kitchens, aluminum casement windows, 16 and 23 passengers elevators, car parks, community facilities, facilities management, transferable titles among others.

It is located in the heart of Lagos Island and bounded by three streets namely, Isale Gangan, Isale Agbede and Binuyo. The three streets are directly linked with one another and also linked to Idumagbo Avenue which flows into the popular Nnamdi Azikwe Street and Adeniji Adele Road.