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Monthly Archives: March 2017

Okorocha donates land for NIESV office complexes

Okorocha donates land for NIESV office complexes

“Governor Rochas Okorocha has donated land to the Nigerian Institution of Estate Surveyors and Valuers (NIESV) for the construction of its branch and zonal offices in Imo State. Represented by the Secretary to the State Government (SSG), George Eche, the governor made the announce at the opening ceremony of the association’s two-day 47th annual national conference tagged Imo 2017 in ...

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Enugu ex-commissioner rues demolition of his property

Stakeholders urge SON to create specialized dept for building materials

“A former Commissioner for Lands in Enugu State Deacon Okey Ogbodo has protested the alleged illegal demolition of his property by the Enugu Capital Development Authority (ECDA).”- The Nation He urged all and sundry to prevail on the ECDA to backpedal, adding that in seeking redress he would follow due process and God’s leading. He said, “I do not have ...

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‘Government must address self-help housing to reduce housing problems in Lagos” -Mr Lookman Oshodi

'Government must address self-help housing to reduce housing problems in Lagos" -Mr Lookman Oshodi,

This is the second part of the interview we had with Mr Lookman Oshodi, project director of Arctic Infrastructure. You can read the first part here. In the second part of the interview we discussed how private sectors can come on board the housing strategies in Lagos state, the explosive population, self-help housing, housing problems in Lagos etc. Read the ...

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Real Estate Developers to sue surveyors over hike in fees

How Ex-Naval Chief, used family company to acquire N600m property

According to Daily Post, the Real Estate Developers Association of Nigeria, REDAN, has threatened to take surveyors to court if the proposed increment in the cost of preparing survey plans for lands across the country is implemented. This was disclosed in a letter to Surveyors by Counsel to REDAN, Ebun-Olu Adegboruwa. Adegboruwa warned that such plan if implemented will result ...

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#LagosAt50: Celebrating Half a Century of Excellence!

#LagosAt50

Every man has a history so does a place. Which state in Nigeria has a better history than Lagos? Which place in the most populous black nation in the world enjoys such fame and adulation as the city of excellence wields. In this article, we celebrate #LagosAt50 in our best way possible, and how best can we do that than ...

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#LagosAt50: Check out 11 events to anticipate in the next 50 days

#LagosAt50: Check out 11 events to anticipate in the next 50 days

It’s time to clear the calendars and get ready for 50 days of non-stop fun! The Eyo festival remains one of Lagos’ most popular attractions Lagos State is celebrating its 50th anniversary this year, and according to information from the world press conference held yesterday at the Banquet Hall of the Governor’s office, Lagos House, Ikeja, an interesting series of ...

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The THREE investor levels: Where do you fit?

Investor Levels

For every serious real estate investor or ‘would be’ investor, it is essential that you acquaint yourself with the three investor levels and be able to know exactly where you fit. In this piece I will be critically analyzing the three investor levels and hopefully answer that question that lingers in your subconscious, “Where do I fit?” Going down memory ...

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Nigeria’s mortgage lenders buckle under weight of unpaid loans

Federal government and states agree on rent on a monthly basis

“Nigeria’s mortgage lenders are buckling under the weight of unpaid loans as job losses and inflation, which are at a near record-high, hinder the ability of customers to settle their debts.”- Business Day “They are just struggling to survive,” Adeniyi Akinlusi, president of the Mortgage Banking Association of Nigeria, said in an interview in Lagos, the commercial capital. “A lot ...

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FMBN Spends N1.4bn In Niger

Wemabod launches N3 billion Unity House redevelopment

“The Federal Mortgage Bank of Nigeria (FMBN) says it has spent N1.4bn for the development of 379 housing units in Niger State, as part of effort to bridge the 17 million housing gap in the country. Minister of State for Power, Works and Housing, Alhaji Mustapha Baba Shehuri who stated  this at the commissioning of the FMBN and Sea Mountain ...

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The Art of Negotiation In Real Estate Transactions

Negotiation

Feeling comfortable with a real estate transaction is the easiest way to ensure that you have a positive experience, whether it be as buyer or seller. Knowing what is going on and taking an active role in the proceedings of your real estate transaction will give you the peace of mind necessary to erase some of the worry and doubt ...

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