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Lagos State Tackles Quackery in Real Estate Through LASRETRAD

The era of real estate agents ripping off intending tenants will soon be over following the establishment of the Lagos State Real Agency Transaction Department (LASRETRAD) to tackle the housing challenge in the state and regulate the practice of estate agency. The department, which is under the Ministry of Housing, is expected to address issues such as treating tenants and ...

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Lagos Tenancy Law further explained

tenancy law

TEXT OF SEMINAR HELD AT RPL ON SATURDAY 29TH SEPTEMBER 2012 LAGOS TENANCY LAWS 2011 DELIVERED BY EXPERT ON TENANT, LANDLORD MATTERS BARRISTER VALENTINO BUORO. Therefore, we have with us today a veteran in that field. In the field of tenant landlord issues. He is a barrister at law. But prior to that he’s been a journalist, he’s been all ...

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Niesv Launches New Body to Regulate Estate Agency

Respite may soon come the way of people interested in acquiring properties across the country but who had fell into the hands of dubious agents as the Nigerian Institution of Estate Surveyors and Valuers has set up a body to regulate the activities of all estate agents in the country. The move became necessary following the poor perception of estate ...

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Ogun Cors Uses Technology to Aid Land Tracking and Others

As part of measures to ensure efficient land administration, the Ogun State Government through the Bureau of Lands and Survey has acquired a Continuously Operation Reference System. The Director-General of the bureau, Mr. Adewale Oshinowo, said in Abeokuta that the government had acquired the very high resolution satellite imagery system and had been installed in high development areas of the ...

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Ogun to Take Back Illegally Acquired Land From Speculators

The newly appointed Director-General, Ogun State Bureau of Land and Survey/Special Adviser to the Ogun State Governor on Land Matters, Mr. Wale Oshinowo, has said the government will no longer fold its arms and watch speculators take over its land and plans to reclaim all properties illegally acquired. Oshinowo, who stated this while inspecting government land within the Ilo-Awela-Onipanu axis ...

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Provision of Affordable Housing in Lagos State

According to real estate news as reported in the Nigeria newspapers, the Lagos state government has pledged to make affordable housing possible for the people of the state. The government intends to achieve this goal by significantly reducing the cost of housing construction through utilizing locally sourced raw materials and building a lot of houses. In addition, the state government ...

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Six African Countries that investors should consider quickly

African Countries that investors should consider

South Africa, Egypt and Nigeria together account for almost 50% of Africa’s US$3.5tr economy, making these three countries difficult to ignore as part of an expansion strategy. However, these three nations also have weaknesses according to a recent report by South African-based Rand Merchant Bank (RMB). Although South Africa remains the dominant force on the continent, it is expected to ...

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The Harbour Estates, Mayfair-Lekki

Introducing… The Harbour Estates, Mayfair-Lekki This is the best time to get this!                                   A friend of mine was still telling me the other day about how someone bought land in Lekki area for less than N1m in 2005, and now the land commands ...

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Insufficient Funds Hamper Real Estate Development – Mabinuori

Mr. Lanre Mabinuori the Project Director of Prime Exchange Limited, a real estate development company says paucity of funds is one of the major factors militating against massive property development in the country. He said this during a seminar for the company’s marketing network team in Lagos on Saturday. Mabinuori, who said many banks were not willing to lend to estate developers, ...

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