Overview
Application window opendescrfiption
Allocation pricing (premium)
One-time allocation price used to calculate the commitment fee (initial premium) when configured as a percentage.
| Land use | Plan | Rate | Effective |
|---|---|---|---|
| Residential | Per Square Meter | ₦200.00 / sqm | Jan 15, 2026 |
| Commercial | Per Square Meter | ₦299.98 / sqm | Jan 15, 2026 |
Annual ground rent
Recurring yearly lease fees (base annual rent) plus any additional annual fees.
| Land use | Plan | Rate | Effective |
|---|---|---|---|
| Residential | Per Square Meter | ₦20.00 / sqm / year | Jan 15, 2026 |
| Commercial | Per Square Meter | ₦29.96 / sqm / year | Jan 15, 2026 |
Additional annual fees
2 fees
| Title | Applies to | Calculation | Amount |
|---|---|---|---|
| Admin Fee | All | Per sqm (per year) | ₦3.00 |
| Processing fee | All | Fixed (per year) | ₦2,000.00 |
Land Map Area
Sections/Phases are displayed on the map for transparency.
Application process
Jan 15, 2026 → Jan 31, 2026
Eligibility
Individual
Application fee
₦40,000.00
Commitment fee
20.00%
Max plots
1
<p>appcation instruction</p>
Required documents
- Identity Proof