The Lagos State Government, through the Lagos State Real Estate Regulatory Authority (LASRERA), is expanding its presence across the state by opening more satellite offices to strengthen regulation in the real estate sector and curb fraudulent practices.
The initiative is aimed at improving transparency, accessibility, accountability, and consumer protection within the Lagos property market.
Speaking during the commissioning of the Surulere office, the Special Adviser to the Governor on Housing, Barakat Odunuga-Bakare, explained that the new office will allow members of the public to make inquiries, while practitioners can register their businesses and access important industry information.
According to her:
“This office will enable real estate practitioners to register their businesses seamlessly and obtain vital information about the sector. It will also provide a platform where conflicts and knotty issues relating to real estate transactions can be brought forward for resolution. Additionally, the office will serve as a vital hub for data collection to support government policy and planning in the real estate sector.”
If you are:
- Buying land
- Building property
- Investing in Lagos real estate
- Processing property documents
- Working with agents or developers
— This development directly concerns you.
As property transactions continue to increase across Lagos, proper verification and regulatory awareness are becoming more important than ever.
One wrong land transaction can affect generations.
Stay informed. Stay protected.
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