Real Estate News

The Lagos State Government (LASG) has called on Real Estate Agents, Properties Developers and all stakeholders in the housing sector across the State to register their operations with the Lagos State Real Estate Transaction Department, LASRETRAD, a Directorate under the State Ministry of Housing. The Special Adviser to the Governor on Housing, Mrs. Toke Benson-Awoyinka, who made the call during ...

Jude Igwemezie, a Nigerian engineer has won a $500 million contract to build a monorail network in Iraq. The monorail network will consist of tracks with single rails, typically elevated for the trains to be suspended from it. Igwemezie’s company, TransGlobim International won the contract to construct a viable rail transportation network for Najaf, Iraq. According to Igwemezie, the construction, which ...

Residents of Royal Gardens Estate in the Ajah area of Lagos have accused Trojan Estates Limited and Broll Properties Limited, their agent, of extorting them under the guise of service charges. The residents who staged a protest on Saturday said for four years, Trojan, a real estate firm from which they bought spaces in the estate from, has not provided ...

The Oyo State government says it is ready to key into land swap arrangement to ensure development of affordable accommodation for the people of the state, meaning that the state is ready to partner any individual or group interested in the arrangement. “In order to provide infrastructure to our GRAs, we are ready to embark on partnership arrangement. So, whoever ...

A truck driver died while his assistant sustained serious injuries in a road crash on Lagos-Ibadan expressway. The crash, which occurred at 4 am. yesterday, involved two vehicles carrying a total of three persons.  The Public Relations Officer of the Traffic Compliance and Enforcement Corps (TRACE), Babatunde Akinbiyi, confirmed the incident in a statement he released in Abeokuta yesterday.  READ ...

Land grabbing in Nigeria will remain an albatross to the citizens of the country until decisive measures are taken to reverse the ongoing trend. Land in the country has continued to appreciate coupled with the fact that in the southern part of Nigeria land ranks like gold because of its sparse nature. Take, for instance, states like Anambra and Lagos ...

The Governor of Edo State, Godwin Obaseki, has said the state government will sue the Niger Delta Development Commission(NDDC) and its contractors for the alleged shoddy road projects executed in the state. The governor, who blamed flooding in parts of Edo State on shoddy road projects by the NDDC contractors, said the state would seek legal redress for the affected ...

A middle-age man fell into a manhole as rampaging flood swept him away into Anwai River in Asaba, the Delta State capital. The polytechnic graduate identified as Chinedu Igboke was said to have been controlling traffic at the Akpo junction along Okpanam road on Monday evening when he mistakenly stepped into an uncovered drain and fell into the gutter. The ...

To commemorate the 40th anniversary of their enrolment at the Queen’s School Ibadan (QSI) Apata, the 1979-1984 set of Queen School Old Girls Association (QSOGA) has expended about N8.5 million to renovate the school’s dormitory. Speaking at the unveiling and presentation ceremony recently, the captain of the set cum coordinator, MrsTolu Fasuranti (nee Tolu Kushanu), popularly known as ‘Tolu-Kush’, noted ...

Some residents of the Igbogbo/Bayeku community in the Ikorodu area of Lagos State on Monday protested against the demolition of their buildings by the Akinwunmi Ambode-led administration. The protesters, led by the chairman and secretary of the community’s association, Jacob Arogundade and Taiwo Folarin, demanded compensation from the state government. Arogundade said out of over 700 properties that were demolished ...