Starting from first quarter of 2021, all land related transactions in Lagos State will be conducted online, Governor Babajide Sanwo-Olu unveiled on Wednesday. 

This arrangement is to quicken the process getting approvals on land matters and create an enduring business-driven property development market in the State. endorsements ashore matters and make a suffering business-driven property advancement market in the State. 

Sanwo-Olu revealed this at the first edition of the Real Estate Marketplace Conference and Exhibitions organised by Lagos State Real Estate Regulatory Authority (LASRERA), with the theme: “Unearthing real opportunities in Real Estate.

The State's Department of Lands has apparently established the necessary infrastructure and arrangements for a smooth change to the online platform.

At the point when the electronic stage is at long last dispatched, there will be no requirement for candidates looking for Certificates of Occupancy (C of O), study and building plan endorsements to actually submit paper archives for authorisation. All documentation and installments will be finished by candidates from the solace of their homes. 

Sanwo-Olu said the new improvement would achieve fast turnaround time in land exchanges and lift private financial specialists' trust in arrangement of home possession model that will address shortfalls in lodging. 

He stated: “We have improved on our GIS solution to accelerating land matters in Lagos. From the first quarter of next year, we will be launching an online platform on which all land transactions will be done. When the project kick-starts next year, there will be one-stop shop for all transactions relating to land, including Governor’s approval on CofO, and building approval by Ministry of Physical Planning and Urban Development.

“We have given our commitment on this, because of the need to improve the turnaround time from when people submit their requests for approval and the time the authorisation is completed. We cannot afford to disappoint private investors and applicants seeking real time approval. We are raising our capacity, so that we can respond to the requests and discharge them.”

The governor also charged inhabitants and property engineers applying for endorsements to quit compromising and cutting corners.

Sanwo-Olu said his organization was focused on giving mass lodging plan that would address insufficiency in lodging, calling attention to that the foundation of LASRERA was essential for the transition to re-form uprightness in lodging business sector and gain certainty of private engineers working with the Government to understand the State's lodging need. 

The lead representative additionally nagged the requirement for monstrous recovery of properties in territory a piece of Lagos, charging land financial specialists and private engineers to redirect their venture to revamping terrain and reallocating abundance from the business. 

He stated: "I need to charge the land speculators that, everyone needs not form in Sangotedo or Ibeju Lekki. Release us to territory and start recovery of the resources in that piece of Lagos. Thusly, we would reallocate abundance and making open doors for our residents." 

Extraordinary Adviser to the Governor on Housing, Mrs. Toke Benson-Awoyinka, said the meeting was held with a target to getting partners property business in contact with applicable government organizations and address bottlenecks hindering property exchanges.