Nigeria, 27th Feb 2026 – Harmony Garden & Estate Development Limited has expanded its development activities across Ibeju-Lekki, pushing the projected long-term value of its estate portfolio beyond $1 billion.
Led by Chief Executive Officer Hon. Dr. Audullahi Saheed Mosadoluwa, popularly known as Saheed Ibile, the company is developing seven estates within the Lekki–Ibeju corridor. Details available on Harmony Garden & Estate Development show a portfolio spanning land assets and ongoing residential construction across key growth locations.
A major component is Lekki Aviation Town, where urban living meets neighborhood charm, located near the proposed Lekki International Airport and valued internally at over $250 million. The development forms part of the company’s broader phased expansion strategy within the axis.
Other estates in the corridor tagged as the “Citadel of Joy” (Ogba-Idunnu) include Granville Estate, Majestic Bay Estate, The Parliament Phase I & II, and Harmony Casa Phase I & II.
With multiple projects active, the rollout of the Ibile Traditional Mortgage System, and structured expansion underway, Harmony Garden & Estate Development Ltd continues to deepen its presence within the fast-growing Ibeju-Lekki real estate market.
Building on this momentum, the company’s growth strategy reflects a deliberate focus on unlocking the potential of emerging urban corridors within Lagos, particularly along the Lekki–Epe and Ibeju-Lekki axes, which have increasingly attracted both public and private sector investments. With infrastructure projects such as the Dangote Refinery, Lekki Deep Sea Port, and the proposed international airport driving economic activity in the region, demand for structured residential communities has continued to rise.
Harmony Garden & Estate Development Limited has positioned itself to capitalize on this growth by adopting a phased development model that integrates land acquisition with planned residential construction. This approach not only allows for scalability but also ensures that each estate evolves into a functional, well-organized community rather than a speculative landholding. By combining infrastructure planning, road networks, drainage systems, and defined residential layouts, the company aims to deliver estates that align with modern urban living standards.
At the center of this expansion is the Ibile Traditional Mortgage System, an innovative financing solution designed to lower entry barriers to homeownership. The system provides flexible payment structures that enable a broader segment of Nigerians, including first-time buyers and diaspora investors, to participate in property ownership without the constraints of conventional mortgage systems. This initiative aligns with the company’s broader objective of democratizing access to real estate while fostering long-term wealth creation for its subscribers.
Lekki Aviation Town, in particular, represents a flagship development within the portfolio. Its proximity to the proposed airport positions it as a strategic residential and investment hub, with expectations of strong capital appreciation as infrastructure within the corridor continues to mature. The estate is envisioned as a mixed-use community that blends residential comfort with commercial opportunities, catering to a diverse demographic of homeowners and investors.
Similarly, other estates within the “Citadel of Joy” cluster are being developed to meet varying market segments, from entry-level land investors to high-value residential buyers. Granville Estate and Majestic Bay Estate offer opportunities for land banking and future development, while The Parliament and Harmony Casa phases focus more on structured housing delivery, ensuring a balance between affordability and premium living options.
Industry observers note that the company’s portfolio growth underscores a broader trend within Nigeria’s real estate sector, where developers are increasingly shifting toward large-scale, master-planned communities in anticipation of urban expansion. As Lagos continues to grow outward, corridors like Ibeju-Lekki are expected to play a critical role in shaping the city’s next phase of residential and commercial development.
With a diversified estate portfolio, innovative financing models, and a clear long-term vision, Harmony Garden & Estate Development Limited appears set to remain a key player in the transformation of the Ibeju-Lekki landscape, positioning its developments as both lifestyle destinations and viable investment assets for the future.
Media Contact
Organization: Harmony Garden and Estate Development Ltd
Contact Person: Kabiru Audullahi Mosadoluwa
Website: http://landbookbyharmony.com/
Email: Send Email
Country:Nigeria
Release id:41991
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