**The Impact of Infrastructure Development on Property Prices in Lagos**

**1. Enhanced Accessibility:** Major road projects like the Lekki-Epe Expressway and the expansion of the Lagos-Ibadan Expressway have improved connectivity, making previously hard-to-reach areas more accessible. This accessibility boosts demand and subsequently drives up property prices.

**2. Economic Growth:** The construction of infrastructure such as the Lekki Free Trade Zone, the Dangote Refinery, and the Deep Sea Port has transformed Ibeju-Lekki into a thriving economic hub. These developments attract businesses and workers, increasing the demand for residential and commercial properties.

**3. Improved Amenities:** The development of essential amenities like water supply, electricity, and healthcare facilities enhances the quality of life in various neighborhoods. Areas like Epe and Badagry are experiencing property value appreciation due to improved infrastructure and amenities.

**4. Urban Renewal Projects:** In older areas like Surulere and Yaba, urban renewal projects and modernization efforts are revitalizing neighborhoods. These upgrades lead to higher property values as more people seek to live in well-developed areas.

Investing in areas with ongoing or planned infrastructure projects can yield substantial returns. As Lagos continues to grow, infrastructure development remains a driving force behind rising property prices, offering promising opportunities for investors.

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