ESHDC

Enugu Housing Corporation Raises Estate Prices, Sets October Deadline

The Enugu State Housing Development Corporation (ESHDC) has announced an upward adjustment in the prices of some of its estates. The agency explained that the review became necessary due to prevailing market realities and the steady pace of ongoing development projects.

In a public statement, the Corporation listed the affected estates as:

1. Coal City Eastern Extension Alliance Estate

2. Unity Estate

3. Dolphin Estate

According to ESHDC, the price review aligns with the rising cost of construction materials, infrastructure development, and general economic conditions across the country. The agency noted that the adjustment was long overdue to reflect the true market value of its properties.

The management further advised subscribers who have already received Offer Letters at the old prices to complete their payments on or before Monday, October 13, 2025. The Corporation warned that failure to meet the deadline would result in the automatic cancellation of such offers, after which payments will only be accepted based on the new pricing structure.

In addition, ESHDC reminded all outstanding debtors within its estates to clear their balances immediately to avoid being affected by the revised rates. The Corporation emphasized that compliance with this directive would prevent future disputes and ensure smooth property allocation.

The statement was signed by Mr. Oko Anthony, the Director of Marketing, Enugu State Housing Development Corporation.

The recent development reflects a broader trend in Nigeria’s real estate market, where several housing agencies and private developers have reviewed prices upward in response to inflation, higher building costs, and increased demand for residential properties in urban areas like Enugu.