Many people who put up their homes or properties for sale are usually confused as to the best price to tag their property and often times they make pricing mistakes. This article delves into the worst pricing mistakes a seller can make. If a house that has been put up for sale doesn’t leave the market for a long while, ...
Read More »Yearly Archives: 2016
Landlords Don’t Remit Waste Management Bills – LAWMA
Olumuyiwa Adejokun who is the Executive Chairman of the Lagos Waste Management Authority (LAWMA) has said that Landlords in Lagos state do not remit bills paid by their tenants for waste management. In an interview with Punchng correspondent, he says residents should be fully involved in waste management by ensuring compliance with laws guiding waste disposal in the state. Read ...
Read More »Abule-Egba Flyover To Be Completed in 16 months
The state government has said tthe proposed flyover bridge at Abule-Egba in Agbado Oke-Odo Local Council Development Area of Lagos State will be completed in 16 months. The government has also called for cooperation between the host communities and the project contractor, Messrs Craneburg Construction Company. The project will consist of a reinforced concrete dual carriageway flyover and two-lane road ...
Read More »‘No Apology For Demolition Of UNIBEN Property’- Edo State Govt.
Edo State government has said that it has no apology for the demolition of some buildings from which some staff of the University of Benin were forcefully evicted. It said it acted based on judgment from the court of law. The response of the state government followed press statement issued by the Benin Zone of the Academic Staff Union of ...
Read More »APBN President Seeks Improvement On Housing Scheme
Mr. Foluso Fasoto, the President, Association of Professional Bodies of Nigeria (APBN) has called on the federal government to improve the housing scheme by providing habitable and affordable housing to Nigerians. The president who stated this in Abuja during the Board meeting of the professional bodies comprising presidents of 28 professional bodies and State chapters of Chairmen of APBN debunked ...
Read More »50 Cent Connecticut Mansion Finally Sold
50 Cent‘s massive estate in Farmington, Connecticut has finally found a buyer and they’re planning on turning the sprawling 52-room home into an assisted living facility. According to TMZ, the home sold for $8 million … $10.5 million less than 50’s original listing price almost a decade ago. 50 first put the 21-bedroom, 25-bath estate on the market in 2007 ...
Read More »Alex Badeh Accused Of Diverting NAF Funds To Build Shopping Mall
The EFCC will today arraign former Chief of Defence Staff, Alex Badeh, before an Abuja High Court on a 10-count charge ranging from misappropriation of N1.1bn meant for the Nigeria Airforce. According to The Nation, among the allegations leveled against Badeh include alleged spending of NAF funds to build a shopping mall worth N878,362,732.94; another N650 million for the purchase ...
Read More »Nigerian Real Estate Sector And Government Control
Since we became a republic, the real estate sector in Nigeria has been fighting for survival. Its stunted growth, development and dwindling fortunes over the years remain a major source of worry. This article aims to address the problems that arise from the role of government in the real estate sector. Real estate has continued to play a significant role ...
Read More »London Real Estate Continues Fall – Report
According to a new report by Knight Frank, London real estate growth has fallen more than half a percentage point over the past six months for the biggest decline since June 2009. Prices fell by 0.1 percent in February compared to the previous month, and growth was slowest in neighborhoods with more expensive property, such as Westminster and the Royal Borough of ...
Read More »‘Bridging Housing Gap Requires Synergy Between Public & Private Sector’
A recent study confirmed that over 70% of Nigerians, particularly residents of Lagos, continue to live in rented properties. Affordability remains the biggest problem as many people, despite having decent jobs and a fair income, cannot afford the high-interest mortgages offered by Banks. Adeyinka Adesope, an Executive Director of Grenadines Homes and the Managing Director of Palton Morgan Holdings Company, ...
Read More »