Real Estate

A business man, Hon Abayomi Olufemi, has asked the Abuja High Court for an order to auction three houses in Abuja belonging to the Zamfara State government over non-payment of N137 million debts. The houses are situated at No. 4, Zangha Street, off Mississipi Street, Maitama, and at the Ground Floor, NDIC Quarters, Federal Housing, Limpopo Street, Maitama, Abuja, respectively. ...

The officials of the Lagos State Building Control Agency, (LASBCA), have sealed the zonal headquarters of the Redeemed Christian Church of God (RCCG), under construction in Ajegunle, a hotel in Ikeja and 6 other buildings over illegal development of structures and for breaking government seal. The operation was led by the General Manager, LASBCA, Engr. Olalekan Shodeinde. Officials of the ...

The federal government has said that its newly launched Economic Recovery Growth Plan (ERGP), focus lab would help the country attract $24 billion worth of investments in few years, saying 80 per cent of the amount is expected to come from the private sector of the economy. Vice President, Professor Yemi Osinbajo disclosed this on Thursday in Agbara, Ogun State ...

Real estate investors and developers have faulted the new land use charge law Lagos State passed recently by the state’s house of Assembly, saying it is anti-property investment. The new Land Use Charge Law (LUCL) 2018, which applies to real and landed property in the state, seeks to consolidate all property and land-based rates/charges into a single property charge and ...

The federal government declared in Enugu on Thursday that it had compiled data on property, bank accounts, shareholdings and other income sources of individuals and corporate entities, warning that there would be unsavoury consequences for those who failed to regularise their tax status. Minister of Finance, Mrs. Kemi Adeosun, spoke at the commencement of the sensitisation campaign on the Voluntary ...

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 ...

These architectural designs attract thousands of tourist from across the world to take tour of the grandeur Indian craftsmanship. Taking a glance at Indian’s heritage will not only make you go awe-struck but also offer you a golden opportunity to relive the defining moments of India’s royal era. Take a glimpse of the architectural designs that will give you the ...

The Boko Haram insurgency has continued to take a toll on Borno State as seven major road constructions have had to be suspended. Due to the insurgency which at its peak had 22 of the 27 local governments of the state overran by the terrorist groups, several billions of naira were lost as a result of massive destruction of infrastructure ...

Mr Akin Akintola, Chairman, Ikeja Branch of the Nigerian Society of Engineers (NSE), has solicited partnership with the Lagos State Government to enhance infrastructure development in the state. Akintola made the appeal in an interview with the News Agency of Nigeria (NAN) on Thursday in Lagos. He said that the professional body was willing and ready to collaborate with the ...

Property valuation is key to setting the right price for that property in an open and competitive market where there are hardly no second chances for not getting it right at the onset. In this article we take a look at ‘How Property Valuation Works’. In transactions involving sales of houses, the first focal point is knowing your home’s worth ...