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Real Estate

Agbakoba draws Buhari’s attention to housing

The former National president of the Nigeria Bar Association, Mr. Olisa Agbakoba has pointed out housing as one of the many sectors with issues requiring urgent governmental attention. He therefore advised the president-elect, General Muhammadu Buhari (rtd), to borrow the strategies of the 32nd president of the United States, President Franklin Roosevelt, who is renowned for his programme for relief, ...

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Why Lagos State Mortgage Board?

Purpose THE Mortgage and Property Law 2010 established the Lagos State Mortgage Board (LMB). The law outlines the functions of the agency. Some of these functions include generating a conducive environment for citizens of the state to secure affordable mortgages or charges to enable them purchase their own homes; advise the Governor on the funding, administration and structure of the ...

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LPIG reports increase in Atlanta homebuyers from Nigeria

Could the high US Dollar to Nigerian Naira exchange rate be a reason for the sudden increase? Nigerian homebuyers are flooding the Atlanta housing market and paying top dollar. Within the last few years, the state of Georgia’s housing market has successfully attracted international investors especially from China and Australia; however, one company, Lux Property Investment Group (LPIG) is reporting ...

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The BROUHAHA of OGA MARTINS – Episode 13

Oga Martins

“In life, two things are guaranteed to come your way: opportunities and challenges. How you choose to deal with these two things is what determines your outcome in life”, his MD had said this morning when he was exhorting them for the day after the morning prayers. The quote kept ringing in Martins’ head, as he mentally took note of ...

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BUILDING FAILURE: Who really is responsible?

The activities of unskilled craftsmen in the building industry have really smeared the image of the building profession in the recent past. The incessant cases of collapse of buildings in some parts of the country have resulted in the loss of lives, property and left many people injured. Quite a number of factors are responsible for collapse of high-rise, reinforced ...

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NEW DELHI: Property market to improve by march 2016

Global rating agency Fitch today said the likely upturn in the country’s investment climate and reduction in interest rates will improve the property market by the end of March 2016 and provide relief to the debt-ridden developers. The agency said the property development sector (will) be a key beneficiary of reductions in housing loan interest rates by several domestic banks ...

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REDAN express readiness to work with the president elect, GMB

REDAN Parley Housing Center To Organise Workshop For Stakeholders

During the maiden meeting of its newly elected national exco in Abuja on Friday, The Real Estate Developers Association of Nigeria (REDAN) expressed its readiness to work with the president- elect, General Muhammadu Buhari in addressing the problems facing the housing sector. In the meeting attended by REDAN exco, REDAN President Rev. Chime Ugochukwu said that the association will help ...

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