Lagos State’s ongoing Geographic Information System (GIS) mapping and house numbering initiatives are expected to strengthen the adoption of property technology (PropTech) solutions as the real estate sector gradually embraces digital transformation.
According to Roland Igbinoba, Chief Executive Officer of PropCrowdy Ltd., during the Africa Real Estate Entrepreneurship Bootcamp (AREEB) 2026 held in Lagos, stated that improved access to reliable land and property data could accelerate innovation and investment across the sector.
Igbinoba said Lagos State’s reforms, including cadastral digitisation and digital house numbering, are laying the foundation for more efficient property transactions and technology-driven real estate services.
The good news is that Lagos State is actively working on improvements such as GIS mapping, cadastral digitization, and house numbering systems. These developments will support future PropTech adoption” – Igbinoba
He stated that PropTech adoption in Lagos remains relatively low, rating it between two and three on a scale of 10. According to him, limited access to verified land records and incomplete digitisation of land registries continue to slow innovation in the sector.
The Lagos State Government earlier launched a project to identify and formalise informal land assets estimated at about N3 trillion. Authorities said the initiative is aimed at improving land governance, increasing transparency, and expanding the formal property market.
The digitised land records and automated property systems could improve transparency, reduce fraud, and attract more investment into the real estate market. They also say digital tools can lower entry barriers for investors and improve access to property financing.
Igbinoba stated that technology is already increasing investment participation, with some platforms allowing entry with as little as N20,000 to N30,000. Igbinoba also said commercial lending rates of up to 35% remain unsustainable for long-term real estate development.
He also warned that the absence of real-time access to land registry data limits the deployment of advanced systems such as blockchain-based property management.
However, concerns about infrastructure gaps, weak policy implementation, and high financing costs continue to limit growth.
Lagos State’s digital land reforms could position the state as one of Africa’s leading PropTech hubs within the next few years if implementation continues successfully.
The state government has also expanded its digital reform agenda by automating building approvals through the Electronic Physical Planning Process System (EPPPS), to modernise land administration and improve efficiency in the property sector.
