Real Estate

The Lagos State government has cleared the air over who is responsible for payment of Land Use Charge in the state. Mustapha Akinkunmi, the Commissioner for Finance, said Monday that land owners and landlords, not tenants,‎ are to pay the fee. Payment of Land Use Charge is often a contentious issue between property owners and tenants in Lagos, with the ...

In most countries of the world, buildings are built based on adequate planning and strict adherence to the health and safety of the community. Constructing a building on your landed property will require due diligence. This is to ensure the structure is an acceptable model in the area where your land is located. For example, if an area is earmarked ...

The Senate President, Senator Bukola Saraki has called on estate surveyors and valuers to evolve strategies that would check corruption in the real estate sector, reiterating National Assembly’s resolve to stimulate urban development in the country through oversight function and effective legislation Saraki made the call while declaring open the 46th Annual Conference of NIESV with the theme; ‘City Growth: ...

Brookfield Asset Management Inc. raised $9 billion for its latest real estate fund, exceeding its $7 billion target and doubling its previous fund, as Asian investors and U.S. pension funds piled in to its fundraising efforts. Brian Kingston, chief executive officer of Brookfield Property Partners LP, said the funds are already 45 percent committed, including investments in the privatization of ...

This became necessary due to recent mails I received asking for advise on basic steps in building a house that once can effectively follow. It is for those who are not really sure of what steps to follow when planning for their house. Understanding the basic steps in building a house will aid your knowledge more and always make you ...

Kidnappers’ Den located at Nkporo community of Ohafia Local Government Area of Abia State was on Friday, demolished on the instruction of the state governor, Okezie Ikpeazu. The building is said to have been used by some kidnappers to keep their victims until ransom is paid. See photos  below:

Dubai is set to build a tower higher than the existing record-breaking skyscraper, the Burj Khalifa, which is presently the world’s tallest building. Construction for the new tower which is to be known as The Tower at Dubai Creek, will start at the end of June this year and is hoped to be finished before Dubai hosts the World Expo ...

Cross River State Governor, Senator Ben Ayade, has awarded contract for the construction of affordable homes for the displaced people of Bakassi. The sum of N200 million has been set aside for the project. Ayade who stated this Wednesday while receiving the Chairman of Lafarge Africa, Mr. Bolaji Balogun and his management team on a courtesy call in his office, ...

Governor Akinwunmi Ambode of Lagos State on Thursday said the State Government would sign a Memorandum of Understanding, MoU, with investors for the construction of the proposed 4th Mainland Bridge before May 29. Mr. Ambode, speaking at the Third Quarterly Town Hall meeting in Ikorodu, said that the bridge would run from Ajah to Ikorodu, to Isawo, and berth at ...

Most people who buy land usually look to erect beautiful structure(s) on it based on their taste and desires, but it is always important to remember that everything requires a plan. The plan in this case is not the one that entails buying cements, sand and water to build, this actually concerns the drawings that show the anatomy of the ...