Home » Real Estate News (page 5)

Real Estate News

Landlords Cry Out Over AMCON Harassment, Despite Court Order


Residents and landlords of Victory Park Estate, Lekki, Lagos State have accused the Asset Management Corporation of Nigeria (AMCON) of harassment over their properties, despite pending court cases and orders. Two of such cases were filed by Mrs. Bose Ibude and Mr. Okechukwu Okoli and his wife against AMCON and its Receiver/Manager, Mr. Lanre Olaoluwa. The Plaintiffs obtained injunctions against ...

Read More »

Ile Arugbo: Saraki loses bid to reclaim land

Ile Arugbo

Ile Arugbo: Kwara State Government on Tuesday got a legal green light to proceed with building on the controversial Ile Arugbo land in Ilorin, with the court striking out the Bukola Saraki’s suit challenging the government’s take over of the land. Justice Abiodun Adewara of the Ilorin High Court struck out the case on Tuesday for “lack of diligent prosecution”. ...

Read More »

Housing deficit may increase to 25m by end of 2021

housing deficit

If concerted efforts are not urgently put in place to address Nigeria’s housing deficit, which has continued to increase astronomically, it may grow to 25 million by the end of this year. This was revealed by the chairman, organising committee of the Real Estate & Construction Expo tagged ‘RECON Expo 2021’, Dr. Somadina Anene, at a press conference on the ...

Read More »

Ogun okays reconstruction of Journalist Estate road

journalist estate

The Ogun State Executive Council has approved for immediate reconstruction, the 2.35km Journalist Estate Road at Arepo in the Obafemi Owode Local Government Area of the State. According to the Hon. Commissioner for Works and Infrastructure in the State, Engr. Ade Akinsanya, “preliminary work has already commenced and the contractor is expected to mobilise to the site this weekend. This ...

Read More »

Lagos constructs 300 classrooms, rehabilitates others


Lagos State says it has constructed about 300 classrooms among some other projects in its school rehabilitation programme. The Chairman, Special Committee on Rehabilitation of Public Schools, Mr Hakeem Smith, said this during a press briefing on efforts to curb infrastructure decay and revamp public schools in Lagos. He said phase one of the projects which had taken off comprises ...

Read More »

Lagos seals 10 different properties in Ogudu GRA for violating planning laws


The Lagos State Government has sealed off 10 different buildings in Ogudu GRA for violating the state’s physical planning laws. Whilst leading a team of government officials for the special enforcement operation, the Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, said owners of the property involved had chosen to remain obstinate in their wrong ways ...

Read More »

FCTA Demolishes Filling Station Under Construction


The Federal Capital Territory Administration (FCTA) on Monday, demolished a filling station under construction inside the National Assembly Complex for allegedly violating the initial land agreement. According to FCTA, the developer was initially allocated the land for construction of the filling station for commercial purposes, but he decided to unilaterally commence building of a residential property adjacent the land earmarked ...

Read More »

One of the houses of Sunday Igboho gutted by fire

Sunday Igboho

One of the houses of Sunday Adeyemo, also known as Sunday Igboho, has been gutted by fire. Newsmen gathered from sources that his house located at Soka in Ibadan started burning around 3:00 a.m. on Tuesday. The cause of the fire is still unknown at the time of this publication. Mr. Adeyemo no longer lives in the house affected by ...

Read More »

Bbnaija Ozo and Nengi bags real estate endorsement deal


The two Ex-Big Brother Naija housemates (Ozo and Nengi) who achieved recognition through their relationship in the house have bagged a real Estate endorsement. The two stars were super excited and announced the good news via their social media handles. Their fans and well-wishers showed gratitude and support by trending their success story on Twitter.  Nengi and Ozo are now ...

Read More »