In a landmark stride toward bridging Nigeria’s housing gap, Annuva Homes Limited has signed a Joint Venture Agreement with the Lagos State Development and Property Corporation (LSDPC) for the development of 33 premium 4-bedroom duplexes in the heart of Ikate, Lekki, Lagos. The estate, to be known as Platinum Terraces, will be situated on Plot D of the Government Land Allocation Scheme, Platinum Way, Igbokusu, Jakande, covering approximately 8,193.540 square meters.
The signing ceremony was attended by key stakeholders and top executives from both organisations. Hon. Ayodeji Joseph, the Managing Director/CEO of LSDPC, signed on behalf of the Lagos State agency, while Mr. Ololade David Osungbohun, Managing Director of Annuva Homes Limited, represented the private real estate firm.
This joint venture marks a significant milestone in LSDPC’s ongoing mission to expand Lagos State’s residential infrastructure, while also enhancing its collaboration with private sector partners who have consistently demonstrated a high standard of performance, integrity, and delivery. For Annuva Homes, the partnership is a bold affirmation of its reputation as a forward-thinking, dependable, and results-driven developer committed to shaping modern lifestyles through real estate.
Platinum Terraces is about premium and quality
Designed as a premium residential enclave, Platinum Terraceswill feature 33 units of exquisitely crafted 4-bedroom duplexes, each complete with a boys’ quarters (BQ). The estate will be an embodiment of architectural elegance and urban functionality, blending aesthetic appeal with long-term value and livability.
Strategically located just off the Lekki-Epe Expressway in Igbokusu, Platinum Terraces offers residents the best of both worlds: proximity to prime hotspots like Lekki Phase 1, Victoria Island, and Chevron, and the privacy and serenity of a well-planned estate. The property is also within easy reach of top schools, healthcare facilities, malls, and recreation centres.
Each unit will feature spacious interiors, en-suite rooms, contemporary kitchens, private parking, and high-grade finishing. The estate will be secured with 24/7 surveillance, a central water system, green areas, and estate-wide power infrastructure to ensure a stress-free lifestyle for residents.
Annuva Homes is building more than structures — building trust
Over the years, Annuva Homes has earned a sterling reputation for excellence in residential and commercial property development. The company has delivered iconic projects across Lagos and continues to raise the bar in quality, affordability, and innovation. Their portfolio includes top-performing developments such as Galleria Apartments, Galleria Mall, Kaz Mall, Union Square Mall, Emart Extension Mall, Farm Villa Estate, and Annuva Gardens, among others.
What distinguishes Annuva Homes is not just its physical structures but the confidence it inspires in clients, realtors, and investors. The brand’s success is built on a foundation of transparency, integrity, smart design, customer service, and a relentless drive for value creation.
According to Mr. Ololade David, “At Annuva Homes, we are not just building homes; we are building futures, lifestyles, and legacies. Our collaboration with LSDPC is a testament to the faith institutions and individuals have in our capacity. With Platinum Terraces, we are not only constructing beautiful duplexes, we’re creating a living experience that will stand the test of time.”
Why Platinum Terraces is a smart investment
The housing demand in Lekki and its environs continues to rise, fueled by the area’s growing commercial relevance, infrastructural expansion, and population growth. For forward-thinking investors and homebuyers, Platinum Terraces presents a rare opportunity to own a piece of Lekki’s fast-appreciating real estate market — with the added assurance of a government-backed project.
Highlights of the project include:
A Commitment to close the housing gap
The partnership between LSDPC and Annuva Homes is part of a broader initiative to tackle Nigeria’s housing deficit, particularly in Lagos, which remains the country’s most populous and economically dynamic state.
Speaking at the event, Hon. Ayodeji Joseph emphasised LSDPC’s role in driving sustainable urban growth through strategic collaborations. “We are proud to work with credible private developers like Annuva Homes who have demonstrated commitment to quality, consistency, and innovation. This project will not only increase housing availability but also uplift the aesthetics and value of the Igbokusu–Jakande corridor,” he stated.
Construction of Platinum Terraces is already ongoing, with clients already jumping on the off-plan massive price slashes. Interested buyers can still secure their spots early to receive exclusive updates and massive discounts. Annuva Homes has also hinted at bespoke payment plans and investor-friendly options for qualified buyers.
With the project set to redefine premium living in Lekki, Platinum Terraces is another shining example of how private-public partnerships can deliver meaningful impact, economic growth, and sustainable value.
Annuva Homes is a Lagos-based real estate company focused on delivering smart, accessible, and future-forward developments in prime locations. With a growing portfolio of residential, commercial, and landed properties, the company remains committed to its core pillars of trust, excellence, and long-term value.
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