Real Estate

Adulterated cement in some instances has been responsible for building collapse in the country. This article tends to highlight the menace of substandard cement and what you should know about your cement. Cement adulteration is basically the addition of non-cement material to cement. Where cement is supposed to help in bonding to get strength needed for structures, this adulterated cement ...

The Federal Mortgage Bank of Nigeria (FMBN) and the Federal Housing Authority (FHA) have agreed to sign an Memoradum of Understanding (MOU) to meet the President Muhammadu Buhari’s annual target of delivering one million housing units.   The institutions also agreed to jointly explore opportunities for housing delivery through a number of on-going housing schemes such as the Accelerated Housing ...

To weather the storm of a challenging environment on your path to succeeding in your real estate business, there are some practical guides you should equip yourself with. The next edition of Debo Adejana’s Quaterly Real Estate Seminar offers this opportunity. Imagine a situation where three people of varying backgrounds decide to go for a musical concert in Ogba with ...

What is the standard used in measuring plots? What is the standard plot size? Is it the same everywhere or does it change by location? How did our fathers measure land in their days? What has changed now? Find answers to all these questions in this piece about Plot Sizes and Measurements.  Debo Adejana, MD/CEO of Realty Point Limited is ...

Rental value is usually a major consideration when a prospecting tenant seeks for a place to move in. Hence it is essential that a landlord ups his game if he is to lease out his property at an acceptable price. This article aims to give useful tips on how a landlord can successfully increase the rental value of his property ...

Lagos state government plans to build 50 housing units in each Local Government Area of the state. Disclosing this at an interview session with press men in his office, the state commissioner for housing, Prince Gbolahan Lawal, said the new policy of the state government is to build 50 housing units in each LGA across the state in order to ...

Martins walked into the MD’s office looking as pale as death.  One glance towards the MD’s desk and his hands quaked like aspen leaves in expectation of what he was to receive soon. The white envelope that would seal his fate was lying confidently on the desk with aplomb. Martins was downtrodden. Martins evasiveness  etched out the MD’S  curiousity. The ...

In order to keep up with the pace of the transformation in service delivery and e-governance policy as well as embrace global best practices in the way of doing business, the Lagos State Government has introduced the e-Planning Permit platform in order to accelerate Planning Permit processing in the State. The Commissioner for Physical Planning and Urban Development, TLP Wasiu ...

The Lagos State Government has reaffirmed its commitment to ensure zero tolerance for building collapse in the state, just as it revealed that about 500 buildings that are either defective or abandoned have been discovered, threatening to take appropriate actions on the building if the owners refuse to take ownership of their structures. Commissioner for Physical Planning and Urban Development, ...

The Nigeria Mortgage Refinance Company (NMRC) has announced the appointment of Prof. Charles Okeahalam as the Chairman of the Board of Directors. He takes over from Mr. Herbert Wigwe who has been serving as Interim Chairman since May 2015, following the resignation of Dr. Ngozi Okonjo-Iweala the former Minister for Finance. Okeahalam has substantial experience in banking, finance and fixed ...