The management and entire team of DEVALOP GROUPS heartily congratulate His Imperial Majesty, Oba (Senator) Rashidi Adewolu Ladoja, on his historic ascension to the exalted throne as the 44th Olubadan of Ibadanland. This remarkable moment marks the fulfillment of destiny — a journey defined by visionary leadership, statesmanship, and unwavering commitment to the peace and progress of Ibadan and Oyo State at large. As a former Governor, His Imperial Majesty’s tenure was characterized by forward-thinking reforms and groundbreaking infrastructural development that redefined Ibadan’s landscape and inspired a new era of urban excellence. Today, as he ascends the revered throne, his reign promises to rekindle that same spirit of unity, growth, and transformation that the city is known for. Your journey from statesman to sovereign is a testament to destiny fulfilled — a reflection of your enduring commitment, visionary leadership, and deep love for Ibadan and Oyo State. Through your pioneering efforts during your time as Governor, you redefined the city’s landscape and set a bold blueprint for progress that continues to shape our region today. Your visionary leadership, unwavering dedication, and timeless contributions to the growth and transformation of Ibadan and Oyo State continue to inspire a new generation of dreamers, builders, and innovators like us. You did not only lay the foundation for the Ibadan we see rising today—you envisioned a city that blends legacy with modernity, tradition with progress. As we journey forward, DEVALOP GROUPS stands ready to collaborate in building upon your noble vision—one project, one partnership, one transformed community at a time. Together, we will continue to make Ibadan a beacon of excellence and a model for sustainable urban growth across Nigeria and Africa. At DEVALOP GROUPS, we proudly align with His Imperial Majesty’s long-standing vision of a greater Ibadan — one that harmonizes heritage with modern innovation. Through our continued investments and developmental projects, we remain steadfast in our commitment to contributing to the socio-economic growth of Ibadanland and Oyo State. As you take on this sacred mantle of kingship, DEVALOP GROUPS stands ready to collaborate in advancing your vision of a greater Ibadan — one that harmonizes tradition with transformation, heritage with innovation. Together, we look forward to making Ibadan the pride of Nigeria and a shining model for development across Africa. We look forward to collaborative partnerships that will make Ibadan the pride of Africa — a city where tradition meets transformation, and where every dream finds a home. May your reign be long, peaceful, and marked by prosperity for all sons and daughters of Ibadanland. May the reign of Oba Rashidi Adewolu Ladoja, The Olubadan of Ibadanland, be long, peaceful, and prosperous for all. Signed:DEVALOP GROUPS
Oyo State Real Estate Property Development Process (Step-by-Step Guide)
Oyo State property development is in phases. And today, we will be sharing everything you need to know about Oyo State property development processes. This step by step guide will take you through every nooks and crannies. Discover the complete property development process in Oyo State — from land identification and verification to design, construction, approval, and sales. A comprehensive guide by DEVALOP, Nigeria’s trusted real estate developer with strong tentacles in Ibadan real estate landscape. Introduction: Understanding the Oyo State Real Estate Landscape Oyo State, home to the historic city of Ibadan and a growing hub of modern urbanization, is becoming a powerful magnet for investors in Nigeria’s real estate market. With rapid infrastructural expansion, improved governance, and an awakening middle class, the state’s property development sector is on an impressive growth trajectory. However, navigating Oyo’s real estate development process requires deep understanding—of land tenure systems, regulatory frameworks, community relations, and legal compliance. This step-by-step guide by DEVALOP, one of Oyo’s leading real estate developers, unpacks the entire property development process in a clear and actionable way for investors, developers, and aspiring homeowners. STEP 1: Land Identification and Feasibility Study Every successful real estate project begins with strategic land identification. In Oyo State, the process involves: Pro Tip: DEVALOP’s project selection framework prioritizes lands with clear land titles, growth potential, and infrastructure access—like our flagship Cedar Court Ibadan, located in one of Ibadan’s fastest-growing residential corridors. Ibadan real estate development is one the rise due to massive expansion in the state capital. You cannot be wrong to invest in this part of the state. STEP 2: Title Verification and Land Documentation Oyo State operates under the Land Use Act of 1978, which vests all land ownership in the Governor. Therefore, due diligence is critical before acquisition. A visit to the Oyo State land title verification office can save you a lot of headache in the future. But if you aren’t cut for such stress, our professionals can help. Key documents to verify: At DEVALOP, we ensure all lands are legally verified through the Oyo State Ministry of Lands, Housing and Urban Development and the Surveyor General’s Office, ensuring zero land disputes post-acquisition. STEP 3: Land Acquisition and Community Engagement Once verification checks out, the next phase is formal land acquisition. This often involves two key stakeholders: Developers must engage both responsibly. Community engagement fosters goodwill and prevents the infamous “Omo Onile” drama—land grabbers who disrupt construction when local agreements are ignored. Best Practices: DEVALOP maintains strong community relations, ensuring peaceful and sustainable developments in all its projects across Ibadan and beyond. If you are looking for land for sale in Ibadan and environs, reach out to us. STEP 4: Physical Planning and Development Approval Before any construction, a development permit must be obtained from the Oyo State Physical Planning Authority (OYSPPA). Key requirements for building approval include: This step ensures your project complies with Oyo’s Urban and Regional Planning laws and building codes. Skipping this stage can result in project suspension or demolition by the Oyo State Government. STEP 5: Project Design and Budget Planning After obtaining your development approval, the project moves into the design and cost planning stage. This involves collaboration between: A well-detailed Bill of Quantities (BoQ) helps estimate material, labor, and overhead costs accurately. DEVALOP’s in-house construction arm—On-Site Devalop Synergy Ltd—handles this phase professionally, reducing cost overruns and ensuring top-tier project execution. STEP 6: Site Preparation and Construction The actual transformation begins here.Once approvals and budget align, the construction phase kicks off: Throughout construction, Oyo State officials may visit for site inspection and compliance checks. Maintaining transparency during these visits is crucial to avoid regulatory fines or delays. STEP 7: Infrastructure and Utility Connection Modern real estate projects go beyond just buildings—they need infrastructure. Developers should ensure: Sustainable infrastructure adds value to property resale and tenant satisfaction. At DEVALOP, we integrate green energy systems and smart infrastructure solutions that future-proof our estates. STEP 8: Landscaping, Branding, and Finishing The finishing phase turns a structure into a desirable real estate product. Landscaping, estate branding, gatehouse construction, and street lighting elevate the visual appeal and perceived value of your property. Cedar Court Ibadan’s modern landscape design exemplifies DEVALOP’s attention to aesthetics and livability. STEP 9: Marketing, Sales, and Documentation Transfer After completion, the project enters the marketing and sales stage.This involves: DEVALOP employs a 360° marketing system, combining digital marketing, influencer partnerships, and offline visibility to attract buyers from across Nigeria and the diaspora. STEP 10: Property Handover and After-Sales Support The final stage is handover and customer support.Clients receive all original documentation, property keys, and access rights. For estate projects, DEVALOP also provides: Our philosophy is not just to sell land, but to create thriving communities that grow in value and happiness. Conclusion: Building the Future of Oyo State Together Real estate development in Oyo State is no longer reserved for a select few—it’s an open field for bold investors and visionary developers. By following these ten steps, you can minimize risk, enhance compliance, and ensure long-term profitability. At DEVALOP, we don’t just build houses; we build the foundation for generational wealth. Whether you’re a first-time investor, a developer, or a diaspora buyer looking to build in Ibadan, our experts are ready to guide you every step of the way. Talk to DEVALOP Today Ibadan real estate development
The Rasheed Adewolu Ladoja Ibadan Circular Road Project: Full List of Ibadan Communities Set for Real Estate Transformation
Ibadan — the ancient city of seven hills — is entering a new chapter. The Oba Rasheed Adewolu Ladoja Circular Road Project is one of the most ambitious infrastructure developments in Oyo State’s history, designed to connect all major entry and exit points around the Ibadan metropolis thereby creating future cities in Ibadan. But this isn’t just a road. It’s the spinal cord of future growth, a highway of possibilities that will reshape the real estate investment landscape of Ibadan for decades to come. At DEVALOP, we’ve analyzed every community along the proposed route to help you understand where the next property boom will happen — and where your next investment should as a real estate investor in Ibadan, or resident. Discover the complete list of Ibadan communities set to be impacted and benefit from the ongoing Rasheed Adewolu Ladoja Circular Road Project. Learn how this massive infrastructure will transform local governments like Oluyole, Egbeda, Lagelu, Ona Ara, Akinyele, and Ido into future real estate investment hotspots in Oyo State. The Rasheed Adewolu Ladoja Circular Road Project: Full List of Ibadan Communities Set for Real Estate Transformation 1. OLUYOLE LOCAL GOVERNMENT — The Industrial-Residential Powerhouse The Oluyole axis is already seeing increased demand due to proximity to Ibadan Toll Gate, Lagos-Ibadan Expressway, and the first technical university (Tech-U), one of the key educational anchors in the city. Of all the six local governments impacted by the road project, Oluyole stands to gain a lot as one of the fast rising areas for real estate investment in Ibadan. Communities Affected by the Circular Road in Oluyole: DEVALOP Real Estate Insight: With increased access to the industrial corridor and universities nearby, Oluyole will soon become one of the most desirable mixed-use zones in Oyo State. 2. EGBEDA LOCAL GOVERNMENT — Ibadan’s Expanding Urban Belt Egbeda is a rising star in Ibadan’s metropolitan development map. Its closeness to major markets, tech clusters, International Airport, and the Oba Rasheed Adewolu Ladoja Circular Road makes it a gateway to growth. Key Communities Affected in Egbeda Local Government: Investment Tip: Egbeda lands are already appreciating. Expect steady value growth as infrastructure and private housing projects roll out along the new road. 3. LAGELU LOCAL GOVERNMENT — The Future of Agri-Urban Living Lagelu combines serene landscapes with vast land potential. The Circular Road will open up new residential and agricultural investment opportunities. Don’t be surprised in few years, future cities springs up in these areas. Impacted Communities in Lagelu Local Government: DEVALOP Insight: This axis will attract developers looking for affordable plots for gated communities and logistics parks — especially near Arulogun and Ladojo villages. 4. ONA ARA LOCAL GOVERNMENT — The Affordable Housing Frontier Of all the Ibadan communities affected by circular road, the Ona Ara corridor is evolving into Ibadan’s affordable housing and suburban investment zone. The Circular Road cuts through multiple developing communities ready for transformation. Key Communities Along the Circular Road in Ona Ara: Investor Forecast: The Badeku–Ajia stretch is fast becoming a real estate hotspot. It is one of Governor Seyi Makinde’s focal point for upcoming election. It is one of the places to buy affordable land in Ibadan at the moment. This is a prime time to acquire land before major developers arrive. 5. AKINYELE LOCAL GOVERNMENT — Ibadan’s Tech and Education Hub Akinyele represents the city’s northern innovation corridor, with proximity to Ojo Interchange, the University of Ibadan, the Polytechnic of Ibadan, Moniya railway station, Ibadan dry port, International Institute of Tropical Agriculture, and other research centers. Ibadan Circular Road Affected Communities in Akinyele: Devalop Investment Angle: Akinyele will soon mirror areas like Magodo or Lekki Phase 2 in Lagos — especially for investors focusing on student apartments, shortlets, and smart estates. 6. IDO LOCAL GOVERNMENT — Ibadan’s Future Industrial Engine The Ido LGA is the largest in Oyo State and a vital component of the Circular Road blueprint. It’s strategically located for logistics, manufacturing, and residential development. Key Communities Impacted Under Ido Local Government: Development Forecast: Ido will host industrial estates, warehouse clusters, and residential smart cities — all powered by the improved connectivity of the Circular Road. Ibadan’s Future Cities — Powered by the Circular Road The Rasheed Adewolu Ladoja Circular Road is shaping Ibadan into a 21st-century metropolis, connecting growth corridors across Oluyole, Egbeda, Lagelu, Ona Ara, Akinyele, and Ido. This is the beginning of new real estate frontiers — places where early investors will reap exponential returns. DEVALOP is strategically positioned to guide you through these emerging opportunities, offering: Partner with DEVALOP — Your Bridge to the Future of Real Estate Website: www.devalop.comContact: 08087779782 | 08103435367Instagram & Tiktok: @devalopltd Conclusion Oba Rasheed Adewolu Ladoja Circular Road is a project with three sides; the good, the bad, and the ugly. As current residents and property owners in some of these areas, the thought of Ibadan Circular Road might not sound pleasing – that’s the bad. To the government, this is what needs to be done in order to deliver the Oyo State property development framework that has been set in motion over a decade ago – that’s the good (with a clear intent). To investors, the opportunity to own a premium property at a discount price is a welcoming idea – we take this as the ugly, except it is professionally handled to avoid being scammed. But in all fairness, all parties needs to exercise caution. The government needs to find a way to compensate some of the displaced property owners in these axis – consistent engagement is needed. Intending investors needs to conduct an in-depth research and background checks in order not to fall into the wrong hands of fake omo oniles. Existing property owners must find a way to adapt to the reality and liaise with the government in finding an alternative solution. That’s a wrap! Update! Oyo State Government has recently released a frequently asked questions and answers on Ibadan Circular Road corridors to empower people with questions. Click here to read the
FMHUD’s Dual Strategy for Nigeria’s Real Estate: Cracking Down on Fraud and Rebuilding Technical Capacity
The Nigerian real estate sector is undergoing a massive regulatory and operational shift. The Federal Ministry of Housing and Urban Development (FMHUD), under the leadership of Minister Arc. Ahmed Musa Dangiwa, is implementing sweeping reforms to protect property buyers from scams while simultaneously addressing a massive internal human resource deficit. For real estate developers, investors, and prospective homeowners, these developments signal a maturing market where transparency, strict project oversight, and high professional standards are becoming the new norm. Here is a deep dive into the Ministry’s latest initiatives. The War on Real Estate Scams: The Housing Fraud Reporting Portal For years, hardworking Nigerians have fallen prey to unscrupulous developers and sharp operators in the real estate industry. To combat this, the FMHUD recently rolled out the Housing Fraud Detection and Reporting System Web Portal. Guided by the mandates of the 2012 National Housing Policy, the government is moving toward a much firmer regulation of housing delivery. Minister Dangiwa emphasized that this policy empowers the government to establish strong administrative and legal frameworks to monitor developers and ensure all built-environment professionals are officially registered. The ultimate goal includes the creation of a National Housing and Urban Development Regulatory Commission to coordinate the sector. How the Portal Works: Developed in direct partnership with the Economic and Financial Crimes Commission (EFCC) and built by tech consultants from Freestone Investments Limited and Prunedge Development Technologies Limited, the portal provides a secure, user-friendly channel for citizens. Accessible at https://reports.fmhud.gov.ng, Nigerians can log on to submit complaints, upload vital evidence of fraudulent practices, and track the status of their cases. Dr. Marcus Amiolemen, Deputy Director and Head of the ICT Department, assured the public that the Ministry will carefully review all submissions and collaborate with law enforcement and the judiciary to ensure decisive action is taken against culprits. “Our goal is simple: a housing sector where Nigerians can invest and own homes with confidence, free from fear of fraud,” Minister Dangiwa declared, noting that these steps will restore trust and move the country closer to its vision of safe and affordable housing for all. Ensuring Developers Deliver: The CPCPMS Application Alongside fraud prevention, the Ministry is tightening its grip on government infrastructure projects through the Contract Performance and Compliance Project Monitoring System (CPCPMS). This innovative application is designed to dramatically improve service delivery and project oversight. The CPCPMS arms the Ministry with powerful, modern oversight tools, including: Real-Time Analytics Dashboard: For the immediate visualization of project data. Contractor Performance Module: Tracks builders using strict Key Performance Indicators (KPIs). Mobile Field Reporting: Allows on-site engineers, staff, and supervisors to upload progress updates and photos directly from project sites, ensuring remote visibility. Centralized Document Repository: Provides secure, instant access to critical project files, such as Bills of Quantities (BoQs) and payment certificates. Rebuilding the Workforce: A Strategic Alliance with Surveyors While tech platforms provide the oversight, the physical development of urban spaces relies on human expertise. On February 26, 2026, Minister Dangiwa hosted the Board of Fellows of the Nigerian Institution of Surveyors (NIS), led by its Chairman, Surv. Alabo Charlesye David Charles, to address a critical internal crisis. The Ministry is currently facing a massive human resource gap, having lost over 1,000 staff members to retirement in just the last two years. To ensure continuity, preserve institutional memory, and maintain high standards in land administration, the Ministry is heavily prioritizing capacity building and mentorship for young professionals. Because housing and urban development are inherently linked to surveying, and the Ministry already houses a branch of the Office of the Surveyor-General under its Cadastral Department, this partnership is highly strategic. Surv. Charles outlined five core areas of collaboration to drive this initiative forward: Capacity Building: Developing tailored training programs that align with the Ministry’s specific operational needs. Institutional Collaboration: Strengthening structured engagements between the NIS and the Ministry to improve policy implementation. Geoinformatics and Tech Support: Leveraging advanced geospatial technologies to modernize land administration and urban planning. National Geospatial Data Frameworks: Enhancing these frameworks to support major housing projects nationwide. Enforcing Professional Standards: Promoting strict mapping and surveying standards to guarantee accuracy and sustainable development. Looking Ahead In recognition of his ongoing dedication to the built environment and support for professional advancement in the surveying sector, the NIS announced it will confer the title of Honorary Fellow upon Minister Dangiwa. The investiture ceremony is slated for April 30, 2026. For industry stakeholders following the trends on devalop.com, the FMHUD’s recent moves represent a holistic approach to real estate reform. By combining strict, tech-enabled anti-fraud measures with deep investments in the next generation of land professionals, Nigeria is laying a robust foundation for a safer, more transparent, and highly standardized real estate market.
The Ultimate Guide to Real Estate Investing: Wisdom & Quotes from History’s Greatest Minds
The Ultimate Guide to Real Estate Investing: Wisdom from History’s Greatest Minds Real estate—defined as property, land, buildings, or natural resources that hold value—has long been a cornerstone of significant and advantageous financial strategies. While investing in real estate is often an emotional pursuit driven by market swings and inherent risks, history’s most intelligent minds have consistently recommended it over traditional stocks or bonds. From Warren Buffett and Mark Twain to Theodore Roosevelt, history’s greatest figures have highlighted why real estate is one of the premier avenues for increasing wealth. However, before diving in, it is crucial to remember that real estate assets are typically illiquid, involve the risk of capital loss, and require thorough evaluation with a financial expert. Here is a comprehensive breakdown of the core benefits of real estate investing, guided by the timeless wisdom of renowned leaders and magnates. Discover why history’s most successful individuals recommend real estate investing. Explore famous quotes, wealth-building strategies, tangible assets, and REITs to optimize your portfolio. 1. The Security of Tangible Assets Unlike stocks or bonds that primarily exist in digital or paper formats, real estate is a physical, tangible asset that you can see, touch, and control. For limited partner investors, this tangible nature provides a unique sense of security, alongside the potential to generate income or appreciate in value. “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” — Franklin D. Roosevelt, U.S. President. “It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can’t fly away.” — Anthony Trollope, novelist. 2. Stable Appreciation and Building Wealth Historically, real estate prices have demonstrated a long-term upward trajectory despite short-term market fluctuations. Building wealth requires accumulating assets that grow in value, and real estate appreciation can lead to significant capital gains. By achieving this financial independence, investors secure the freedom to pursue their desired lifestyles. “Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” — John Jacob Astor, real estate and business mogul. “Buy land, they’re not making it anymore.” — Mark Twain, writer and humorist. “Ninety percent of all millionaires become so through owning real estate… The wise young man or wage earner of today invests his money in real estate.” — Andrew Carnegie, billionaire industrialist. 3. Generating Consistent Rental Income (and Exploring REITs) Beyond long-term appreciation, real estate can provide consistent cash flow through monthly rental income, contributing significantly to overall investment returns. While dependent on market conditions and supply, this steady stream of revenue is highly coveted. For those who lack the initial capital or confidence to purchase property directly, Real Estate Investment Trusts (REITs) offer an excellent entry point. REITs own, operate, or finance income-generating real estate—such as commercial offices, residential apartments, or healthcare facilities—allowing individuals to invest in a diversified portfolio without managing the properties themselves. “Landlords grow rich in their sleep without working, risking or economizing.” — John Stuart Mill, political economist. “I still think buying a home is the best investment any individual can make.” — John Paulson, billionaire. The ground you walk on could one day pay your bills — if only you dare to buy it. — Olawale Daniel, entrepreneur. 4. Community Improvement and Job Creation Real estate investing is not just about personal wealth; it is a powerful tool for community revitalization. Investors have the power to transform neglected land into vibrant spaces like parks, residential complexes, and commercial centers. Furthermore, developing properties requires skilled laborers, architects, and contractors, directly contributing to job creation, economic stability, and the reduction of poverty. “In the real estate business, you learn more about people, and you learn more about community issues… probably than any other profession that I know of.” — Johnny Isakson, U.S. senator. “Some people look for a beautiful place. Others make a place beautiful.” — Hazrat Inayat Khan, spiritualist. 5. Portfolio Diversification and Hedging Against Inflation A well-rounded investment portfolio requires diversification. Real estate generally has a low correlation with stocks and bonds, meaning it does not closely mirror their economic trends, which helps mitigate overall risk. Additionally, real estate serves as a robust hedge against inflation. When the value of money decreases, real estate values and property prices historically rise, protecting the investor’s purchasing power. However, investors must remain aware that inflation can also increase operating costs, such as insurance or payroll, potentially lowering rental income. “Don’t wait to buy real estate. Buy real estate and wait.” — Will Rogers, actor. “Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” — Marshall Field, entrepreneur. “The best investment on Earth is earth.” — Louis Glickman, real estate investor. 6. The Necessity of Strategy, Patience, and Humility Because real estate is highly illiquid, it must be approached as a long-term endeavor. Success requires a roadmap that considers exit strategies, tax implications, and financing options to navigate changing economic cycles. Investors must remain patient, avoiding impulsive decisions based on short-term market fluctuations. Furthermore, humility and diligent market research are paramount. Understanding local market trends, demand-supply dynamics, and rental yields is critical because past successes do not guarantee future results. “Games are won by players who focus on the playing field—not by those whose eyes are glued to the scoreboard. If you instead focus on the prospective price change of a contemplated purchase, you are speculating.” — Warren Buffett, billionaire investor. “Land doesn’t wait for the dreamer; it rewards the doer.” — Olawale Daniel, entrepreneur. “In my experience, in the real-estate business, past success stories are generally not applicable to new situations. We must continually reinvent ourselves…” — Akira Mori, real estate developer. “A funny thing happens in real estate. When it comes back, it