Real Estate Technology

Have you ever wondered what part of a building is the most important? The truth is the type of foundation used to erect a structure determines the holding capacity or strength of that structure. This article talks about the best kind of foundation for your home. “Which type of foundation is better for home construction; a poured slab type at ...

Construction practices in a developing country like Nigeria differ significantly in important aspects from practices in industrialized or developed countries. In Nigeria, the greatest challenge facing professionals in the field is that the practice of construction is not uniform. It varies with the client, size or complexity of the project from the perspective of the owners. This article sheds more ...

Post contract is the professional terminology used for all activities carried out when actual construction work starts. This article analyses the challenges in post contract process. The challenges in post contract process and in the building/construction industry as a whole are too numerous and complicated. Some of the challenges of post contract process includes; Quality of construction materials Source of ...

In what is likely the most interesting acquisition deal in the history of Nigerian internet startups, online property classifieds platform, ToLet just recently announced its acquisition of Jumia House for an undisclosed amount. Why is the acquisition interesting? It is barely a year ago since ToLet raised just over a million dollars in its Series A funding round. Jumia House ...

Cisco Systems, a global leader in networking and information technology solutions has introduced an innovative, smart and connected building technology solution that will further drive real estate business. The technology solution is coming at a time when most states in Nigeria are planning towards smart and connected cities that are driven by Internet of Things (IoTs) and Artificial Intelligence (AI). ...

At the ongoing 2017 edition of the Building, Construction and Machinery Exhibition, light has been shed on reasons why building projects in Nigeria are handled by foreigners. As we all know, in recent times, there have been countless cases of building collapse and deaths as a result of improper structure, maintenance or use of substandard materials for projects. This has made a ...

Owning your house in a country like Nigeria, especially in metro cities of Lagos, Abuja and Port Harcourt is a laudable accomplishment considering the high cost of living. In this article, we take a look at an alternative to paying rent and being treated shabbily by your landlord. The cost of renting a standard house is so back-breaking, sometimes having ...

When you talk about social housing for the masses, the words that come to mind are cheap, affordable, non-profit driven, mass produced houses that could be occupied by low income earners, who may wish to save towards eventually buying such houses with time. Considering the fact that Nigeria has a housing deficit of about 17 million units, any information that ...

The real estate industry has struggled in the past years, with a nasty recession and housing bubble threatening the industry. But surveys have shown real estate icons are some of the most satisfied in the country—and the new technologies paving the way for their success means success for anyone looking to rent, buy, or sell real estate. Whereas gaps once ...

The construction or building industry in Nigeria is a complex and highly competitive one with varying professionals in different aspects. These professionals ensure the successful execution of its numerous activities. However, just like in every sector of the economy of a country, there are regulatory bodies that are saddled with the responsibility of ensuring the effective control; coordination; organizing; directing; ...