Traffic in Sangotedo Axis, expect more growth in real estate prices.

Traffic in Sangotedo Axis, expect more growth in real estate prices.

It’s 5:30 in the morning, and John is all suited up, ready to get to work early that Monday morning.

In a bid not to waste too much time, he leaves his apartment, gets into the car, turns on the ignition and then zooms off. Unknowingly, he had forgotten an important document at home while in a hurry to leave. 

Unfortunately, John had already driven about 15km away when he realised his mistake. So he turned back home to get the document before driving back to work. 

John lives in a well-planned gated estate within the Sangotedo axis and works at Victoria Island. The distance from his home to where he works is about 31km, meaning it should take him less than an hour to get to the office.

Well, that can only happen if he leaves home as early as 5:30, else he’ll be held up in the ever-ready Lagos Traffic (which happened the second time he drove back).


A view of Sangotedo Traffic

 

Today, it is fast becoming the norm to experience vehicular traffic along the Ajah-Sangotedo-Bogije axis daily that you’d hardly not face traffic when driving through that route.

 

But that was not the case a few years ago (say five years back).

 

Novare Mall, Sangotedo at Construction Stage

Back then, there were few cases of traffic along this route because not so many vehicles plied the road and the neighbourhood was not as populated as it is today.


This story today is different because we now have people relocating to the neighbourhood (since rent is affordable) and the two-lane road that could take fewer vehicles no longer can.


Commercial activity is also picking up in the axis, with banks, offices, malls and retail stores increasing their presence around.


Real estate prices have also skyrocketed, as a result of this growth, and we expect more growth in a few years from now.

 


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