Real Estate

According to The Nation, two artisans were yesterday killed and another injured after a building collapsed in Lekki area of Lagos State. The building, situated at Nicon Town Estate, Admiralty Way in Lekki Phase One, was under construction when it caved in around 11:40a.m. The deceased simply identified as Tasiu and Abdulahi were crushed by the collapsed beams of the ...

PM News reports that some residents of Abuja have called on the Federal Capital Territory Administration (FCTA) and area councils to train them and provide inputs that would facilitate their efforts to plant trees. They made the call in Abuja. Mr Aliyu Idris, a resident of Zuba, said that if relevant authorities could train and support the people with tree ...

“The Managing Director of Cross and Churchill, Mr. Taiwo Ogunbodede, has said the full potential of the real estate sector can be better realised if the government put in place adequate Infrastructure.”- The Nation Such endeavour, he further said, would also stimulate faster growth in the real estate sector. Ogunbodede, also the Chairman, Real Estate Developers Association of Nigeria (REDAN), ...

“A Yaba Chief Magistrates’ Court in Lagos on Thursday granted N3 million bail to a Property developer, Hassan Lukmon, who allegedly defrauded 33 accommodation seekers of N11.3 million. The Magistrate, Mrs A. F. Adeeyo, also ordered Lukmon to produce two sureties each in like sum. She directed that one of the sureties must own a landed property in Lagos State ...

China Is Set to Build This Smog-Eating ‘Forest City’ Filled With Tree-Covered Skyscrapers The eastern Chinese city of Nanjing, like many of the country’s urban areas, suffers from intense smog. The Air Quality Index, which uses a scale from 0 to 500 (with higher numbers indicating worse pollution), rates Nanjing’s air quality as 132 – a level considered unhealthy for the public, especially ...

When you talk about social housing for the masses, the words that come to mind are cheap, affordable, non-profit driven, mass produced houses that could be occupied by low income earners, who may wish to save towards eventually buying such houses with time. Considering the fact that Nigeria has a housing deficit of about 17 million units, any information that ...

The Eagle Online has said that the Economic and Financial Crimes Commission has quizzed an Abuja-based estate developer, who is also the promoter of Winning Clause Limited, Obiageli Okwubanego, and a Senior Advocate of Nigeria, P. I. N. Ikwueto, over alleged inappropriate land deals running into billions of naira. A senior operative of the anti-graft agency told journalists in Abuja ...

“A cross section of elders and youths of Okwu, Umuoma in Nekede Autonomous community of Owerri west Local Government Area in Imo state, have expressed joy that after years of abandonment,  the Nigeria Prison Service, NPS, has commenced work on their site.” – Vanguard Vanguard visited the area yesterday and discovered that clearing and carting away of unwanted trees in ...

Premium Times says that a Federal High Court, Lagos, on Monday ordered temporary forfeiture of a 12-storey building belonging to a Peoples Democratic Party (PDP) Senator, Peter Nwaoboshi. The property located at 27 Marine Road, Apapa, is said to belong to Mr. Nwaoboshi who is senator representing Delta North Senatorial District. The court’s order was sequel to an ex-parte application, ...

Environmental factors are largely responsible for property value. Man’s attitude towards the surrounding environment is not neutral because human beings search for locations that deliver a high quality of life. Those expectations particularly concern man’s daily surroundings, including residential areas or recreational grounds. The focus of this article is to analyse how environmental factors affect the value of properties. The ...