Real Estate

The Guardian reports that following the appeal by town planners for the implementation of the 1992 urban and regional planning Act, the Federal Government has established a committee to study the provisions of the law and modalities to constitute the National Urban, Regional Planning Commission. The Nigerian Institute of Town Planners (NITP), had after its 50th anniversary/47th national conference called ...

“The huge housing deficit level in Nigeria’s housing sector is worrisome. As at 2012, experts estimated the deficit to be at a minimum of 17 million units and recently raised an alarm that the figure could be up to 20 million units if a proper investigation of the state of affairs in the sector is undertaken. Worse still, experts say ...

The quest for diversification of the economy and attract foreign investment in Nigeria’s real estate is set for a boost with promoters of The Oceanna unveiling investment options for part-ownership, similar to what earned the Dubai real estate sector global appeal – The Nation The Group Managing Director, Palton Morgan Holdings, Adeyinka Adesope, said the hotel segment of the iconic project ...

The Guardian reports that over 50 leading Nigerian companies and counterpart firms from the UK, Ghana, South Africa and UAE are some of the organizations that would participate at the 2nd Nigeria Real Estate Summit and Expo to hold in Lagos.Announcing this at an interactive meeting with stake holders in Lagos, Steve Ike, head of the summit’s organsing committee stated ...

The rate at which building collapses occur in Nigeria is quite alarming. In fact, we are convinced that the faster we take practical steps, the safer. Nigeria Real Estate Hub’s correspondent, Esther Adeniyi was able to interview a seasoned Civil/Structural Engineer, whose experience we can trust to guide us on practical solutions to reduce and in the long run, totally ...

“Nigeria’s foremost anti graft agency, the Economic and Financial Crimes Commissionsays it has seized 14 pieces of property linked to former FCT minister, Mallam Bala Mohammed, and his son, Shamsuddeen.”- Naija News The commission sought the interim forfeiture of the said property through a court application filed before the federal high court in Abuja, on September 11, 2017. It said the ...

“The construction of Bonny Island–Bodo road in Rivers State came closer to actualisation today as Nigeria LNG Limited (NLNG) signed a tripartite agreement in Abuja with the Federal Government, represented by the Ministry of Power, Works and Housing, and Julius Berger Nigeria Limited to part-fund the construction of the N120.6 billion road connecting communities in the state. The event was ...

“Property developments in Okpanam community, Delta state capital is suffering major set backs following take over of construction sites by miscreants.”- The Guardian The Guardian learnt that continuous reported cases of intimidation, disruption of ongoing building projects, infliction of injuries and seizure of working tools of developers and workers is really affecting housing development in the area. It was learnt ...

The bedroom is basically designed for two things; the basic one most commonly done is sleep. In this article we take a look at top 10 modern bedroom designs for your homes From sprawling master bedrooms to cozy one-room apartments, where you sleep at night is an integral part of how you see yourself. Here, we are going to share ...

Businesss Post reports that a subsidiary of world’s number one prefabricated housing solution provider, Karmod, Karmod Nigeria, has launched a campaign to solve the housing deficit challenge in the country. This campaign involves making prefabricated housing a viable alternative to the brick houses which Nigerians are already used to. General Manager of the company, Mr Fehim Ozkanca, explained that this ...