The Lagos State Real Estate Regulatory Authority (LASRERA) has taken its sensitisation campaign to Lekki, urging real estate practitioners, developers and property stakeholders to comply with the state’s regulatory requirements.
Epe Insights reports that the campaign covered the Lekki and Obalende axis, with LASRERA using the engagement to educate real estate practitioners and members of the public on the importance of registration and compliance.
The sensitisation exercise was held around LASRERA’s newly opened premises on Omorinre Johnson Street, Lekki Phase 1.
The engagement forms part of the agency’s wider effort to promote professionalism and strengthen compliance within Lagos State’s real estate sector.
Speaking during the programme, the Coordinating Director of LASRERA, ESV Mrs. Temitope Akinbola, reaffirmed the agency’s commitment to sanitising the sector through continuous stakeholder engagement.
Akinbola said sustained awareness was important to ensure that practitioners, developers and members of the public understand their responsibilities under the Lagos State Real Estate Regulatory Authority Law, 2022.
The Lekki engagement provided an opportunity for stakeholders in one of Lagos’ major real estate corridors to receive information about regulatory requirements.
The agency also used the campaign to encourage residents and property seekers to exercise caution when choosing real estate practitioners.
Akinbola advised members of the public not to patronise unregistered estate agents when seeking property or engaging in real estate transactions.
She urged prospective clients to verify the registration status of practitioners before entering into property-related agreements.
According to LASRERA, engaging registered practitioners can help promote accountability and professionalism within the real estate industry.
The agency also noted that verification can provide an additional layer of protection for members of the public during property transactions.
Lekki has experienced significant real estate activity over the years, making awareness of regulatory requirements particularly important for residents, investors, developers and property professionals operating in the area.
The sensitisation campaign therefore seeks to ensure that participants in the Lekki property market are better informed about the applicable rules.
LASRERA said compliance would contribute to a more organised and transparent real estate environment across the state.
The agency’s engagement with stakeholders also provides an avenue for members of the public to better understand the importance of working with recognised practitioners.
For property seekers in Lekki, the message from LASRERA is to conduct appropriate checks before committing to transactions.
The agency emphasised that registration remains an important consideration when selecting an estate agent or other real estate practitioner.
The campaign is also expected to improve public awareness about the role of LASRERA in regulating the sector.
Through continued sensitisation, the agency hopes to strengthen cooperation between regulators, practitioners, developers and members of the public.
The Lekki and Obalende campaign is part of a broader public enlightenment effort being undertaken across Lagos State.
LASRERA said such engagements would continue as the agency works to promote compliance and responsible practices within the industry.
The newly opened LASRERA premises on Omorinre Johnson Street, Lekki Phase 1, also provides a local point of engagement for stakeholders within the area.
The agency’s presence in Lekki is expected to support closer interaction with practitioners and members of the public operating within the property market.
Akinbola further reiterated the importance of creating greater awareness around the consequences of engaging unregistered practitioners.
She encouraged residents to make verification a key part of their property transaction process.
LASRERA maintained that compliance is important to building confidence among property owners, investors, developers, agents and other stakeholders.
The authority also reaffirmed its commitment to protecting the interests of participants in Lagos’ real estate sector.
According to the agency, sustained regulation and stakeholder education can help create a more efficient and transparent property market.
For Lekki residents and investors, the sensitisation campaign serves as a reminder to pay attention to the regulatory status of real estate professionals before engaging their services.
The campaign further reinforces LASRERA’s ongoing efforts to promote professionalism and accountability across Lagos.
As real estate activities continue across Lekki, LASRERA is expected to sustain its engagement with practitioners and members of the public.
The agency said its broader objective remains the development of a more transparent, efficient and investor-friendly real estate environment in Lagos State.
