AceRoyal Estates, a subsidiary of the AceRoyal Group, has officially launched Villa Nova, a master-planned community featuring 1,000 villa-style bungalows in Abijo, Lagos.
The development is designed to provide secure, fully titled, and accessible homeownership opportunities aimed at bridging Nigeria’s housing deficit through structured financing and strict delivery guarantees.
The estate offers two-bedroom, three-bedroom, and five-bedroom bungalow configurations within a fully secured, professionally managed environment.
According to the company, Villa Nova was conceived to address longstanding challenges in the local real estate sector, particularly regarding land title disputes, delayed project delivery, and substandard infrastructure.
To ensure transparency and operational execution, the project is built on a strategic tri-party structure involving government support, banking backing, and private development execution.
The Lagos State Government backs the land title and supporting infrastructure for the site. Nova Bank serves as the primary financial partner, providing structured mortgage plans for qualified homebuyers alongside a full refund guarantee should the developer fail to meet scheduled delivery timelines.
Speaking on the launch and the project’s operational philosophy, Endurance Cletus Agonor, Chief Executive Officer of AceRoyal Estates, described the development as a benchmark for discipline and accountability in the Nigerian property sector.
‘Villa Nova is a statement of what AceRoyal Estates is capable of,’ Dr. Agonor said. ‘A thousand homes, built to the same standard, backed by the same discipline, home after home. This is what happens when land title, financing, and execution are aligned from day one. That is the standard we intend to set, not just for this estate, but for what Nigerians should expect from developers going forward.’
The project integrates three primary operational pillars: verified land title assurance, direct financial backing with structured mortgages, and delivery accountability enforced by refund guarantees.
AceRoyal Estates emphasized that aligning government approval, financial institutions, and execution capabilities from the outset aims to restore buyer trust in large-scale residential developments across Lagos State.
Founded in 2016, AceRoyal Group is a Nigerian conglomerate with business interests spanning real estate, construction, financial services, and hospitality, alongside an expanding international footprint.
Through its real estate arm, AceRoyal Estates, the company focuses on expanding credible property ownership opportunities, delivering quality-assured housing, and supporting broader initiatives to reduce Nigeria’s national housing deficit.