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Monthly Archives: January 2015

Real Estate agents reveal their dirty little secrets

Unfortunately, the real-estate-agent business is saddled with a poor reputation. According to the real estate agents surveyed by consumerreports.org, that reputation is sometimes earned. Here are a few of the top bad behaviors the real estate agents surveyed say they’ve witnessed, all of which breach the ethical code of Realtors . They’re listed in the order of how frequently they ...

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COREN advocates proper monitoring of Mortgage Institution

The President , Council for the Regualtion of Engineering in Nigeria (COREN) Mr kashim Ali, has called for adequate funding and effective monitoring of mortgage financing institutions to ensure that their services are accessible to more Nigerians. COREN president, who was speaking to journalists in Abuja on the state of the housing sector development in Nigeria, noted that so many ...

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Edo Govt accused of plot to sell Army Barracks in Benin

second niger bridge

The Peoples Democratic Party, PDP, in Edo State has raised alarm over what it described as the alleged plot by the state government to sell the Nigerian Army Barracks in Ikpoba Hill, Benin City, due to alleged lack of funds for capital development. State Chairman of the party, Chief Dan Orbih, also described the approval of the 27.5 percent allowance ...

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Julius Berger in land tussle with entrepreneur

Infrastructure financing

On a sunny Thursday afternoon in November 2014, Nonso Ofole, a motor sports park entrepreneur, arrived at his project site in Abuja to a great shocker – a Julius Berger-owned earth-mover was clearing the site he said is duly his. Julius Berger, is a German-owned Nigerian-based construction firm. What followed after Mr. Ofole observed the construction company allegedly trespassing his ...

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The BROUHAHA of OGA MARTINS – Episode 1

We promised and we are delivering. We are bringing to you the FIRST EVER REAL ESTATE FICTION SERIES. Through this series you will be exposed to a lot of things tenants and landlords go through with each other, as well as what real estate agents and practitioners go through trying to make a living and how all these affects you ...

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Real Estate Developers Association of Nigeria (REDAN)

REDAN

As a way to effectively handle the current huge housing deficit in the country, the government is collaborating with the private sector through reputable agencies and associations. One of such is the Real Estate Developer’s Association of Nigeria (NIGERIA), an agency tasked principally with the responsibility of facilitating the delivery of affordable mass housing in the country. The association has ...

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Innovative strategies for housing in Nigeria

African union for housing finance

Reducing housing deficits requires a number of essential ingredients to be in place to ensure a well-functioning housing finance system. This means achieving macroeconomic stability, effective legal and regulatory infrastructure, and ensuring appropriate levels of government intervention and support. In Nigeria with its underdeveloped housing finance systems or systems that only provide access to finance for high-income households, forcing low-income ...

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KEEPING UP WITH A LASGIDI REAL ESTATE AGENT

KEEPING UP WITH A LASGIDI REAL ESTATE AGENT

Unemployment is an epidemic in Nigeria right? Or so I have heard. I live in Lagos and I have a job, so I shouldn’t complain. Wish that were so. Don’t get me wrong, I love my chosen field, at least unlike many of my peers am actually doing what I made up my mind to do, and then am working ...

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NIS stratgeize ways to uproot quack surveyors in practice

The Nigerian Institution of Surveyors (NIS), an umbrella body of real estate professionals referred to as ‘land surveyors’, says it is strategizing to deal with pseudo-practitioners commonly called quacks. The institution explains that it is planning a country-wide education of its members at the state branches, through seminars and workshops, to make them understand what they are expected to do ...

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Court rules out FG’s claim to Ondo Land

Coming from the court, the Federal Government of Nigeria has lost ownership claim to a portion of a vast landed property, lying and being at Akure/Owo/Ilesa Road, Ondo State, on which the Federal College of Agriculture, Akure is located. However, the court said the government only has ownership right to 685.9 acres instead of its claim to 965.5 acres. It ...

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