Starting from the first quarter of next year, application and payment for Certificate Of Occupancy (C of O) in Lagos State will be undertaken online.
This disclosure was made by the Governor of Lagos State, Babajide Sanwo-Olu at the maiden Real Estate Marketplace Conference and Exhibitions organised by Lagos State Real Estate Regulatory Authority (LASRERA).
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The Governor at the event explained that the State’s Department of Lands had built the required capacity for a smooth transition to the online platform, stressing that the plan was already in its final stage and when the web-based platform is finally launched, there would be no need for applicants seeking for C of O, survey and building plan approvals to physically submit paper documents for authorisation.
Sanwo-Olu charged residents and property developers applying for approvals to stop cutting corners and circumventing the process, stressing that sharp practices would only make it difficult for impatient applicants to get their documents approved.
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What they are saying
While speaking at the conference, the Governor of Lagos State said:
“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.”
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“We have given our commitment to this, because of the need to improve the turn-around-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.”
Special Adviser to the Governor on Housing, Mrs. Toke Benson-Awoyinka said: “As a Government that is determined to bridge the housing deficit in the State, we are aware of our role in not just the provision of houses, but also create an enabling environment for the private sector working hand in hand to the desired end.”
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What this means
- It is important to know that by the time the web-server is done, all documentation and payments will be done by applicants from the comfort of their homes online.
- This move will further accelerate the process of getting approvals on land matters and create an enduring business-driven property development market in the State.
- The new development would bring about quick turnaround time in land transactions and boost private investors’ confidence in the provision of homeownership model that will address deficits in housing.
- This move is expected to consolidate on the gains from the mass housing scheme, and this would help to address inadequacy in housing, re-build integrity in the housing market and gain the confidence of individuals and private developers in land matters in Lagos State.
Good news