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Monthly Archives: August 2015

Stakeholders Tasked On Potentials in Real Estate Sector

Real estate sector

Commitment from the government and all stakeholders will make more impacts on the real estate sector of the economy, which at the moment is performing far lower than its inherent potentials, capable of propelling the country’s Gross Domestic Product (GDP). In a forecast of the real estate sector, the Managing Director, Propertygate Development and Investment Plc, Mr. Adetokunbo Ajayi, who ...

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Do you have a right to pluck from a tree planted by your landlord?

I asked a colleague in the office how he fairs with his landlord (awkward question you will say…LOL) and the response to that question, which came in form of a story, erupted both deductive and inductive argument. The gist goes thus: “My colleague resides in a twin duplex apartment whereby his landlord occupies one and him the other. The twin ...

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Afriland properties clarifies N50m shopping complex lease

Afriland Properties Plc, the concessionaire of the Falomo Shopping Mall has stated that the shopping mall was not leased to it for 50 years for N50 million as widely reported in the media. In a statement released and signed by Uzo Oshogwe, MD/CEO Afriland Properties Plc, the company stated it rather signed a deal with the Lagos State Development and ...

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State High Court restrains Nasir El-Rufai from planned demolition

State High Court

The owners of houses allegedly built on school land along Constitution Road in the Kaduna metropolis, have dragged the state government to court for marking their houses for demolition. PremiumTimes reported last week that Governor Nasir El-rufai had allegedly spared some structures erected on lands belonging to public institutions on Constitution Road, and warned agency responsible to avoid blanket marking ...

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Weak Mortgage Laws, Partly Responsible for Mass Housing Deficit

Reduce Cost of Housing Delivery by 30%

Mass housing deficit across the country have been attributed to weak mortgage laws, which does not encourage long term credit facility for prospective housing developers, as it is done in developed countries. Addressing the media on Monday, on its 2015 Archibuilt edition, with the theme: Solution for Everyday Living, in Abuja, the Chairman of Archibuilt Development Service Limited (ADSL), Mrs. ...

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Civil servants selling off pricey properties as probe looms

Civil servants selling off pricey properties as probe looms

These are not comfortable times for some ‘super rich’ civil servants as they are said to be rushing to sell their choice houses and state-of-the-art automobiles in order to avoid losing the properties to the President Muhammadu Buhari’s anti-graft crusade, ghanaweb reports. There are indications that the mass disposal of property is out of fear of losing properties to Buhari’s ...

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Landlords sue Ayo Fayose, demands N20million

Landlords sue Ayo Fayose

Owners of properties at the Irewolede Estate in Ado Ekiti sued the governor, Ayodele Fayose, claiming N20 million damages for pains inflicted on them by the government after they were forcefully evicted from their homes for allegedly defaulting in their mortgage payments. The claimants, who were evicted by the Ekiti State Government two weeks ago for failing to make full ...

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TOP 5 NEIGHBOURHOODS IN IBADAN

top 5 neighbourhoods in Ibadan

You remember Soka? In March, 2014, a house of horror was discovered in a forest in Ibadan. Some people call it, the place of skull, the evil shrine…others think it’s the valley of dry bones and the killers’ hideouts. Call it any of the aforementioned, it would be a perfect name to describe Soka forest in Ibadan, an isolated bush ...

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The Importance of having a marketing plan in real estate

marketing plans in real estate

Today we will be talking about the importance of having a marketing plan in real estate. This is the second topic in the series; Sales strategies in real estate. I have come across people who do agency and tarry on with their real estate business without a good marketing plan. This could be one of the reason they find it ...

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