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  2. Phantom Estate
Open for applications PHANTOM

Phantom Estate

Lalupon Road, Lalupon, Lagelu LGA, Ibadan, Oyo State

Area
14ha
Plots
140
Blocks
6
Application fee
₦25,000

Applications close 28 Sep 2027 (11 months, 1 week left).

About this project

A quiet residential layout off Lalupon Road. Six blocks of 600 sqm plots around a 24 m boulevard, with a small commercial frontage beside the gate.

What does the land cost?

This is the one-time allocation fee you pay when your application is approved and you are assigned a plot.

Residential
Price depends on your plot size
₦6,500.00 per sqm
Commercial
Price depends on your plot size
₦10,000.00 per sqm
Annual ground rent

Ground rent is paid every year to maintain your lease. This is separate from the one-time allocation fee.

Residential
Charged per square metre of your plot
₦45.00 /sqm/yr
Commercial
Charged per square metre of your plot
₦90.00 /sqm/yr
Additional annual charges
Estate Infrastructure Levy
Fixed (per year) · All land uses
₦25,000.00
Waste Management
Fixed (per year) · All land uses
₦12,000.00
Plot availability
136
Available
0
Reserved
4
Allocated
Application status
Window is open
Opens 27 Sep 2026
Closes 28 Sep 2027
Application fee ₦25,000
Deposit on approval 30.0% of allocation price
Plots per applicant Up to 2
Eligibility Nigerian citizens aged 18 and above, and registered Nigerian companies.
Closes 11 months, 1 week
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Instructions

Apply for a plot in Phantom Estate. Choose your preferred land use; plots are allocated after review. Pay the non-refundable application fee to submit.

Documents you will need

Have these ready before you submit your application.

  • National Identity Number (NIN)
  • Identity Proof
Buying from someone else?

If you are buying a plot from a current holder rather than applying directly, verify the land first before paying any money.

Check this land