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Tag Archives: developers

LASG warns developers that they must obtain building permit

LASG warns developers that they must obtain building permit

The Lagos State Government on Thursday warned that every building must obtain building permit before any structure can be erected in any part of the State. The government vowed that any defaulter shall be dealt with by shutting down their buildings. General Manager, Lagos State Building Control Agency, LASBCA, Engr. Olalekan Shodeinde gave the warning during the sensitisation campaign in ...

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Real estate developers appeals to FG to provide infrastructure

Real estate developers appeals to FG to provide infrastructure

Real Estate Developers are appealing to government to develop the infrastructure needs to enable them easily provide affordable housing. According to them, it is the duty of government to provide the roads, drainage system and other infrastructure needs, since such activities are capital intensive and add to the cost of building. Ghana’s housing sector has been faced with a worsening ...

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Developers and foreign investors resolve to boost Nigeria’s construction industry

Developers and foreign investors resolve to boost Nigeria’s construction industry

Lagos – If the latest rapprochement between Nigerian developers, Homework Development and Property Limited and some foreign investors is anything to go by, the nation’s construction industry will soon receive a significant boost. The lift int he nation’s construction industry, INDEPENDENT learnt, may either be in enhanced direct foreign investment or through third party. This came to the fore recently ...

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MBAN plans non-interest mortgages, seeks for intervention fund

MBAN plans non-interest mortgages, sMBAN plans non-interest mortgages, seeks for intMBAN plans non-interest mortgages, seeks for interMBAN presidentvention fundervention fundeeks for intervention fund

Gearing up for a veritable funding source for the sub-sector, mortgage operators (MBAN) have moved to explore the suitability, applicability and the possibility of adopting the non-interest mortgages to unlock the potentials of the Sukuk model. The operators, under the aegis of the Mortgage Banking Association of Nigeria agreed in a seven-page communiqué after its chief executive officers retreat in ...

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Lagos warns illegal developers in Lekki-Epe

Lagos warns illegal developers in Lekki-Epe

The Nation reports that the Lagos State Government yesterday warned illegal developers and land speculators in the Lekki-Epe corridor to stop forthwith their unlawful activities or face the law. Commissioner for Commerce, Industry and Co-operative, Prince Rotimi Ogunleye gave the warning when he toured the area where the 16,347 hectares Lekki Free Zone (LFZ) project is sited. The government, he ...

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Key Constraints Facing The Housing Sector In Nigeria

Housing sector

An analysis of the existing housing situation has revealed that there are several constraints facing the housing sector in Nigeria. These key constraints have been responsible for the imbalance in housing demand and supply. This article takes a critical look at the issues undermining the housing sector in Nigeria. There are many issues hindering socio-economic development in Nigeria, one of ...

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What You Should Know About Off-Plan Property

Off-plan

According to Wiki, off-plan property is a property before a structure has been constructed upon it. Pre-constructions are usually marketed to real estate developers and to early adopters as developments so that the purchaser can secure much better finance terms from their lenders. Read this article to learn more Ever seen a great-looking image of a property and an even better-looking price? Chances ...

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Mortgage Bank Partner Developers On 500 Housing Units

affordable housing units

Resort Savings and Loans Plc, a leading mortgage bank is collaborating with estate developer to build 500 housing units before the end of the second quarter of 2016 The alliance according to the bank would enable it provide mortgage finance to off takers interested in the housing estate which are for the middle class. With this move, the bank noted ...

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