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Real Estate

AREDOLS, LABSCA request change in land use

allocate a piece of land

“If the Association of Real Estate Developers of Nigeria (AREDOLS), Lagos State chapter, have their way, setbacks on building sites on land may be reduced.”- The Nation AREDOLS, at a meeting aimed at  fostering better working relationship with the Lagos State Building Control Agency (LABSCA), asked the government to reduce the mandatory space to be left on plots underdevelopment Under ...

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The Act of Abandonment in Real Estate

Abandonment in real estate

Abandonment in real estate can be referred to as the act of surrendering a claim to, or interest in, a particular asset. In some other circles, it is believed to be the permitted withdrawal from a forward contract that is made for the purchase of deliverable securities, and also the act of allowing an option to expire unexercised. Legal Dictionary ...

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Osun state spends over N6bn on schools infrastructure

Osun state spends over N6bn on schools infrastructure

“Alhaji Fatai Kolawole, the Permanent Secretary, Osun State Universal Basic Education Board (SUBEB) on Wednesday said the state government had expanded over N6 billion to provide infrastructure in the state basic education sector.”- PM News Kolawola while granting an interview to the News Agency of Nigeria (NAN) in Osogbo said, the state government had invested massively in terms of basic ...

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Stakeholders seek creation of National Housing Council

Stakeholders seek creation of National Housing Council

“A tentative outline of the shape of things to come for Housing and settlements development in Nigeria may have started to emerge, as key stakeholders last week ended it’s talk shop and endorsed a workable guide for the beleaguered sector in Abuja.”- The Guardian The effort, coming at the instance of the 11th Abuja Housing Show organized by Fesadeb Limited yielded ...

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Bad Market – Episode 7

Bad market - episode 6

Timi made certain that I didn’t leave his room without instilling enough fear in me that would ensure that I didn’t say a word of what I discovered when I stumbled into his room. I was literally thrown out of his room afterwards. ::::::::::::::Read Previous episode here:::::::::::: As I stepped into the lobby, his threats played out in my head ...

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Board urges surveyors on global certification

Board urges surveyors on global certification

“Construction economists and surveyors have been urged to obtain international certifications as means of playing their game in the global construction sector of the economy. Minister of Works, Power and Housing, Mr. Babatunde Raji Fashola made the call at the 7th Building and Construction Economic Roundtable (BCERT 7), held in Abuja. Fashola, who was represented at the event by the ...

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Lagos ejects illegal occupants around Obalende flyover

Lagos ejects illegal occupants around Obalende flyover

The Guardian reports that the Lagos State Government, on Monday gave 48 hours to people trading or living under and around Obalende flyover to quit. The Chairman of Lagos State Taskforce on Environment, SP Olayinka Egbeyemi, gave the order when he visited the area to intimate the people of the government’s plan to demolish illegal structures within the vicinity. Egbeyemi ...

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Rescuers fear people trapped in Mumbai building collapse

Rescuers fear people trapped in Mumbai building collapse

According to The Guardian, rescuers were frantically searching for up to 40 people feared trapped in a four-storey Mumbai building collapse. The city’s chief fire officer, Prabhat Rahangdale, said nine people had been rescued but dozens more were believed missing under rubble after the structure gave way mid-morning in the northern suburb of Ghatkopar. “Entire ground and four floored residential ...

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The Urban Housing Crisis In Nigeria

urban housing crisis in Nigeria

The relevance of housing in urban and rural environment cannot be over-emphasised. It contributes to the attainment of physical and moral health of a nation, stimulates social stability, the work efficiency, and the development of the individuals. This articles examines the urban housing crisis in Nigeria. Previous responses to the urban housing crisis in Nigeria has failed largely due to ...

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Snake scare stalls construction of airport in Benue

construction of airport in Benue

According to Premium Times, the Benue State Government, on Monday in Makurdi, said threats to release snakes to bite construction workers during construction of airport in Benue on site had temporarily stalled its plan to have a cargo airport in the state. The News Agency of Nigeria reports that the state government’s plan for the project on Kilometre 28 along ...

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