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Monthly Archives: April 2015

Understanding the Risk

  The month of April is a significant month for us in Realty Point Limited because it was the month we made our grand entry into the Real Estate Community. I want to use this platform to formally announce to our readers here on www.nigeriarealestatehub.com that Realty Point is 10 years! I want to say a big thanks to everyone ...

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Fundamentals of Real Estate Investment

Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investments strategy is generally considered to be a sub-specialty of real estate investing called real estate development. Real estate is an asset form with limited liquidity relative to other investments, it is also capital ...

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Reasons why 4th mainland bridge design had to be altered

Lagos State Government has given the reason for altering the design of the much awaited Fourth Mainland Bridge along the Lekki Peninsula. According to the government, the redesign of the bridge component of the 23 kilometres road project became imperative because of the challenges the original design posed for it (government). The bridge itself is about four kilometres. The State Commissioner for ...

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Why Road Noise Should Influence Property Valuation

Due to the ignorance of Nigerians on the fact that there exist a close nexus between noise pollution and sustainable city, little or no attention is paid to the control of noise pollution in Nigeria. Motor vehicle, a significant symbol of modern civilization, not only brings convenient transportation to our society but also gives off unpleasant traffic noise in living ...

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New York City construction spending jumped 26 percent last year

new york

New York City construction spending jumped 26 percent last year to $36 billion, led by a record amount of residential building in a market skewed toward luxury housing, according to the New York Building Congress. Spending on residential construction surged 73 percent to $11.9 billion in 2014, exceeding an October forecast and marking the first time it has ever topped ...

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JCC experience first real estate tax hike in 2 decades

It’s the first real estate tax hike in nearly 2 decades. Homeowners in James City County (JCC) will be paying more in real estate tax starting July 1. At Tuesday night’s council meeting, the board voted 4-1 to increase the real estate tax rate by seven cents. This puts it at 84 cents per $100 assessed value. That is a nine ...

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Real Estate in for soft landing

The commercial and residential real estate markets are coming off their peaks, but expect a soft landing. “We are clearly off our peak,” said David Dube, president and CEO of Concorde Group of Companies. “But that is healthy. Markets do not go up forever. This is a temporary adjustment.” Dube, who chaired the third annual Saskatchewan Real Estate Forum held ...

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The BROUHAHA of OGA MARTINS – Episode 14

Deji was laughing at the so called plan Martins had while Martins stood, arms akimbo, a quizzical frown on his face. “What’s funny about what I said?” Deji tried to respond but only laughed out harder, annoying Martins who hissed and turned his gaze away from him in exasperation to the different happenings on the street. It was a busy ...

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