Harmony Garden & Estate Development Ltd is accelerating its expansion strategy, supported by the rollout of its Ibile Traditional Mortgage System and a broader institutional growth framework. Industry observers note that the company is steadily positioning itself among Nigeria’s ambitious growth-driven real estate developers.
Under the leadership of Hon. (Dr.) Audullahi Saheed Mosadoluwa, Executive Managing Director and CEO, the firm has transitioned from its foundational development phase into a broader expansion cycle marked by increased land acquisition, infrastructure rollout, and structured housing delivery across its estates. The Ibile Traditional Mortgage System has emerged as a key pillar of this expansion, enabling phased homeownership access while strengthening market participation.
Market analysts estimate that the cumulative valuation of Harmony Garden’s estate portfolio, combining 1,300 hectares of land banks and ongoing construction projects, could approach ₦500 billion as development activities scale. This projection is driven by land appreciation in key growth corridors, rising demand for structured residential communities, and the company’s growing focus on built-property delivery alongside land allocations.
Industry observers say the company’s strategy reflects a shift from traditional land trading to asset-backed real estate development, with greater emphasis on infrastructure execution, planning compliance, and long-term capital growth.
As the developer of Lekki Aviation Town and The Parliament Estate deepens its footprint across multiple estates, stakeholders believe the company’s growth trajectory will be shaped by sustained infrastructure execution, financing innovation, and strategic scaling across emerging residential hubs.
At the core of Harmony Garden’s expansion roadmap is its growing portfolio of estates strategically located within the Lekki–Ibeju corridor, an axis widely regarded as one of Lagos’ fastest-evolving real estate destinations. The region continues to attract both institutional and individual investors due to ongoing infrastructure development, industrial expansion, and increasing residential demand.
Lekki Aviation Town stands out as a flagship development, positioned within a rapidly transforming aviation and logistics hub. Its location offers proximity to key infrastructure projects and economic activity centers, making it particularly attractive to forward-looking investors seeking early entry into high-growth zones. The estate reflects Harmony Garden’s approach to combining strategic land banking with future-focused urban planning.
GranVille Estate further strengthens the company’s residential offering by providing a structured community designed for accessibility and long-term livability. With a focus on layout efficiency and organized development, the estate appeals to a broad segment of buyers, including first-time homeowners and investors seeking steady appreciation. Its positioning reinforces the company’s commitment to delivering estates that combine affordability with long-term value.
The Parliament Estate, developed in Phases I and II, represents Harmony Garden’s premium segment, blending modern design concepts with a refined residential experience. Designed to attract discerning investors and homeowners, the estate emphasizes both lifestyle and investment potential, aligning with the company’s goal of delivering not just plots of land, but complete residential ecosystems.
Majestic Bay Estate complements the portfolio by offering a serene, waterfront-oriented environment, catering to buyers seeking exclusivity, tranquility, and long-term capital appreciation. Its unique positioning within the broader estate mix highlights the company’s strategy of diversifying its offerings to meet varying market preferences.
A defining feature of Harmony Garden’s growth strategy is the integration of the Ibile Traditional Mortgage System across these estates. The initiative introduces a culturally aligned, flexible pathway to homeownership, addressing affordability challenges that have historically limited access to property ownership in Nigeria. By enabling structured, phased payments tied to property development, the system reduces financial barriers while expanding the pool of potential homeowners.
This financing model is particularly significant in a market where conventional mortgage systems often remain inaccessible to a large segment of the population. By embedding financing within its development framework, Harmony Garden is creating a more inclusive real estate ecosystem that supports both local and diaspora participation.
Beyond financing, the company’s expansion is anchored on a shift toward infrastructure-led development. Roads, drainage systems, security features, and planned residential structures are increasingly becoming integral to its projects, reflecting a move toward delivering fully realized communities rather than standalone land offerings. This approach aligns with broader industry trends that prioritize sustainability, planning compliance, and long-term asset value.
As Harmony Garden continues to scale, its emphasis on governance, structured execution, and integrated development is expected to play a critical role in shaping its trajectory. By combining strategic land acquisition, innovative financing, and community-focused planning, the company is positioning itself to evolve from a land-focused developer into a comprehensive real estate institution.
With a clear growth roadmap and expanding estate portfolio, Harmony Garden & Estate Development Ltd is steadily building a foundation for long-term impact—one that aligns real estate development with accessibility, investment growth, and sustainable community living.
Company Details
Organization: Harmony Garden and Estate Development Ltd.
Contact Person Name: Kabiru Audullahi Mosadoluwa
Website: http://landbookbyharmony.com/
Email: kabiru.a@landbookbyharmony.com
Country: Nigeria