Why would an individual be issued a receipt for arguably the most important acquisition in his life and yet he’s not presented with one of the most consequential documents in land ownership? A lot of people make this mistake in their desperate bid to acquire land in the most populous black nation in the world. You may want to attribute ...

He perused the menu as the waiter stood patiently beside him, waiting for him to place his order. It wasn’t that he was indecisive about what to order, it was his pocket that cried out in protest. How could a N50 bottle of water cost N500?! Wetin happen? He thought as he glanced at the waiter who was still standing ...

A property dealer was shot dead by armed assailants in Loni, India early on Sunday morning. The victim, 50-year-old Dharampal, used to live with his family in Baghranap Colony, where the shooting took place, said police. According to police, the victim’s 21-year-old son, Gaurav, along with other family members rushed Dharampal to GTB Hospital in Delhi, where he was declared ...

More than a month out from launch, the Apple Watch app game is starting to heat up in Australia. Popular real estate website, Domain, is joining the stable of apps launching at the same time as Apple’s smartwatch, with an app that lets you monitor the market from your wrist. The Apple Watch is released worldwide on April 24. For ...

The Lagos state land use charge law was instituted on 22nd June, 2001 to  replace the old tenement rate. The land use charge is designed to help the government generate additional revenue needed to develope the state in the light of increasing demand for provision of urban and rural infrastructures and other expenditure while a population that grows at an ...

In what has become a new trend in the nation since the devaluation of Naira, landlords and schools in various parts of the country have been demanding payment in dollars. And now, The Central Bank of Nigeria has frowned at the growing practice of trading goods and services in foreign currencies instead of the Naira in Nigeria. The Bank’s governor, ...

Zhuhai Real Estate developer, Liang Shezeng has joined the ranks of the world’s billionaires following gains in the share price of his Shenzhen-listed property development company, Guangdong Shirongzhaoye . Liang, 82, injected 76% of his property business, Shirong Industrial, into publicly traded Guangdong Well Medicine Science & Technology in 2008, subsequent to which the company changed its name to Guangdong ...

In its bid to provide affordable and quality houses for the residents, the Ogun State Housing Corporation has completed 76 different units in the past one year. The General Manager, OGSHC, Mrs. Olajumoke Akinwunmi, disclosed this in Abeokuta while briefing journalists on the activities of the corporation, explaining that the houses would be inaugurated today (Monday). The Plainfields Estate, according ...

Absorption rate is the number of months it would take to sell the currently listed homes in the market. That is a simple definition, and the math is for the most part. However, it’s an important concept, and it’s used by a great many real estate related businesses to attempt to predict home prices and sales activity going forward. The ...

Undeterred by several hiccups bedeviling the execution of a Supreme Court judgment, which backed the release of 549 plots of landed property in Shangisha-Magodo Town Scheme II, Ikosi-Ketu Local Council Development Authority (LCDA), Lagos State, to the original owners of land in the affected neighborhood, a fresh move to possess the land has begun. Represented by Chief Adebayo Adeyiga and ...