Since her grand introduction into the Lagos metropolis, Lekki has become a haven for the high and mighty. Lekki Peninsula is an area on the Lagos Island in Nigeria which contains expensive residential suburbs that throws poverty into the Atlantic Ocean. The Peninsula adjoins the commercial Victoria Island district and the residential Ikoyi area. It has got a reputation as an ...
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How long should you live in a house as a tenant?
Shelter being one of the most essential needs for living concerns every being. Therefore, its either you are a tenant or a landlord. As usual on Nigeria Real Estate hub, we try to discuss issues as it concerns us all and create the platform to share your opinions. The topic for today goes thus; ‘How long should you live in a rented ...
Read More »Deeper Life Ministry battles land grabbers after paying N750m for CofO
The Deeper Christian Life Ministry is battling some land grabbers who have allegedly laid siege to the church’s landed property along the Lagos-Ibadan Expressway in Ogun State. According to PUNCH Metro the land, which is part of the Deeper Life Conference Centre and covered about 44 hectres of space, was acquired more than two decades ago by the ministry from four ...
Read More »Lagos State Tenancy Law at a glance
The promulgation of the Lagos tenancy law of 2011 came as respite for tenants who had been suffering in the hands of shylock landlords who had become excessive and brutal in their demands. The Law was set up to regulate rights and obligations under tenancy agreements and the relationship between the landlord and the tenant including the procedure for the ...
Read More »HELP! My landlady has literally taken over my mini flat
If finding an apartment in Lagos is big deal, renting is a much bigger deal but I wasn’t told that staying in a rented apartment is the toughest choice a bachelor can make. It took me almost forever getting the apartment I stay in presently just because I needed somewhere comfortable and at an affordable price. When I paid for ...
Read More »CBN to go after landlords collecting payment in dollars
In what has become a new trend in the nation since the devaluation of Naira, landlords and schools in various parts of the country have been demanding payment in dollars. And now, The Central Bank of Nigeria has frowned at the growing practice of trading goods and services in foreign currencies instead of the Naira in Nigeria. The Bank’s governor, ...
Read More »Haven Homes unveil new designs for 2015
One of Nigeria’s top real estate companies delivering affordable luxury homes, Haven Homes has completed and delivered a brand new set of home designs to its subscibers at Richmond Gate Estate situated in Lekki. Speaking on the concept behind the 2015 home designs, the company’s spokesperson Mr. Sonuga explained that the new designs were conceptualized with more sensuality and adaptation ...
Read More »Lagos appeals for flawless implementation of Ikorodu masterplan
To ensure a hitch-free implementation of Ikorodu master plan when it is eventually unveiled, the Lagos State Government last week held a stakeholders’ parley with the land/homeowners and residents living within one of the fastest growing suburb of the state. The rapport, it was learnt, was one of the strategies the state has chosen to wage war against illegal development ...
Read More »Dry construction is the solution to mass housing – Nigerite boss
‘With Nigeria’s capital expenditure profile put at 24 per cent of recurrent expenditure in 20 14, falling price of crude oil and a high cost of funds for execution of capital projects, the construction industry in Nigeria is obviously under pressure to evolve more time and cost efficient system of construction.” This was the submission of the Managing Director of ...
Read More »7-man committee set up on land use planning report
The Nigerian Institute of Town Planners (NITP) has inaugurated a seven-man committee on land use planning report with terms of reference to prepare a thorough land use analysis survey that will be followed by a map with identified land uses coded in the NITP approved professional colours. The committee members include Badejo Hakeem Olatunji who is the chairman, Mrs. Claudius ...
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