Real Estate Technology

In a bid to rebuild the landscape of the state under its urban development programme, the Ogun State Government has finally sealed a deal with a concessionaire for the development of a new settlement that would be known as a Mitros city. Mitros, an acronym for Mission To Rebuild Ogun State, is a new housing estate, to be sited by ...

Cost experts in the construction industry under the aegis of the Nigerian Institute of Quantity Surveyors (NIQS), Lagos Chapter, has expressed worry over the manner in which public servants go about award of contracts and said the way out to streamline high level of irregularities is for the Federal Government to heed the call to institute a Nation Council on ...

Messrs Eagle Hills, the Abu Dhabi-based real estate investment and development company handling the development of Abuja Centenary City, has appointed construction giants, Julius Berger Nigeria PLC as a key collaborator and developer of the multi-billion dollar city. Centenary City is a joint venture between the Federal Government and Eagle Hills to create the city of the future in Abuja. ...

Not relenting in finding a lasting solution to the cases of building collapse in Nigeria, relevant stakeholders last week met in Lagos to exchange ideas on ways to contend the incidents. The event was the 2014 Seminar/Luncheon organised by the Lagos Chamber of Commerce and Industry, held at Henry Fajemirokun Hall, Commerce House, Victoria Island, with the theme: “Building Collapse: ...

Worried that the Lagos authorities may take over a large chunk of its landed property without adequate compensation, Lekki communities have urged the State government to look elsewhere in attempt to construct the proposed Lagos 4th Mainland Bridge in the metropolis. They say that other developmental projects, like the Lekki Free Trade Zone (LFTZ) have robbed them of their land ...

The Ogun State Government has announced the issuance of another batch of Certificates of Occupancy arising from the on-going Homeowners’ Charter Programme. In a press release, the Special Adviser/Director General, Bureau of Lands and Survey, Mr. Adewale Oshinowo said that Homeowners’ Charter was a highly successful programme, which enables property owners to regularize the legal status and documentation of their ...

Looking to increase pace of work at the Nigeria Cultural Centre and Millennium Tower project, the Federal authorities have endorsed a fresh allocation for the landmark edifice located in the Federal Capital Territory. Designed by an Italian architectural firm, Studio Nicoletti and Associates, the project consists of a 170-metre tower, which will be Nigeria’s tallest building when completed along with ...

Members of the Nigerian Institution of Estate Surveyors and Valuers (NIESV) have urged the private sector to complement the efforts of the federal government in providing housing to the teeming populace. The estate surveyors made the plea during a press conference to usher in the National Housing Summit being organized by NIESV’s Faculty of Housing in Lagos on the theme: ...

Better days may be in the offing for property investors and prospective homeowners, if developments recently announced by Osun State Government are anything to go by. Last week, the state kick-started a scheme nicknamed Oranmiyan New Town at a parcel of land measuring about 2,572hectares (6340Acres), which was acquired by Chief Obafemi Awolowo as the Premier of the old Western ...

Amid recent incidents of building collapse in the Lagos area, members of the Nigerian Institution of Structural Engineers (NISTRUCTE), last week, sought for collaboration among professional bodies in the built environment as a means of tackling structural failures in the country. The institution noted that recent developments in the housing sector are reaching alarming heights and all bodies should rise ...