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
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 ...
Read More »Weak Mortgage Laws, Partly Responsible for Mass Housing Deficit
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. ...
Read More »Oscar Pistorius to serve the rest of his 5years sentence on ‘Mansion Arrest’
Oscar pistorius is expected to be released from prison Today, Friday, August 21. The paralympic gold medallist, will be taken to a three-storey mansion in one of the wealthiest suburbs of South Africa’s capital Pretoria, where he will serve the rest of his 5years sentence in a form of house arrest. Pistorius, 29, is expected to wear an electronic tracking ...
Read More »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 ...
Read More »Landlords sue Ayo Fayose, demands N20million
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 ...
Read More »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 ...
Read More »The Importance of having a marketing plan 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 ...
Read More »‘Canadian real estate market to ‘slow down modestly’ as interest rates rise’ – RBC
According to a new report from RBC Economics, Activity in Canada’s real estate market will slow “modestly” next year as interest rates begin to rise. The report pegs the risk of an outright crash in real estate as low, saying RBC expects the economy to grow and that interest rates will likely rise gradually starting next year. However, the bank ...
Read More »Ondo State House of Assembly and an ex-lawmaker clash over quarters
The Ondo State House of Assembly and an ex-lawmaker who represented Ose State Constituency, Mrs Fola Olaseinde-Vincente are at daggers drawn over a government building “Quarter 13 type 2 Alagbaka” Akure, the Ondo State capital, which was allocated to the ex-lawmaker on August 14, 2012. The apartment, which is now in shambles, was originally allocated to Olaseinde-Vincente when she was ...
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