Real Estate

A Certificate of Occupancy (C of O) is a document issued by Authorities to a land owner as evidence of ownership of land. It contains the terms and conditions for the grant of the land. A C of O is issued by the Governor of a state or the President in the case of Federal Capital Territory (FCT) which power ...

The Wall Street Journal reports, Founder and executive chairman of Chinese ecommerce giant Alibaba, Jack Ma, has just purchased a 28,120-acre property in the Adirondacks. Jack Ma, whose net worth is estimated to be as much as $23.9 billion, reportedly spent $23 million on the property, known as Brandon Park. Jack’s main motivation for the purchase was for conservation reasons, but ...

Turkey’s government has issued an alert to warn Saudis about potential fraud in its real estate sector. The Turkish Consul General in Jeddah Fikret Ozer said there were fraudsters operating in the industry. He said the level of Saudi investments in the Turkish real estate sector has increased notably this year.   Ozer said several companies and real estate offices ...

The new management of the Greater Port Harcourt City Development Authority (GPHCDA) has promised to complete the phase one of the new city within the next five years. And to ensure that safety of those who will be involved in the development of the new Port Harcourt city, the GPHCDA is to liaise with the State Police command and other ...

San Diego real estate billionaire Conrad Prebys has donated $100 million to support research on new drugs to fight cancer and other diseases. The gift, announced yesterday, went to the nonprofit Sanford Burnham Prebys Medical Discovery Institute in La Jolla, Calif., which added his name to its title today. Prebys, a prolific philanthropist, previously gave $11 million to the institute, primarily ...

The Malaysian Prime Minister has been forced to order an investigation into his own government’s role in the allegedly corrupt payment of $4.75 million emerging from the sale of a Melbourne student accommodation block. And the Papua New Guinea government is also under pressure after revelations on Wednesday that people close to the Prime Minister were giving detailed instructions in how ...

River state Ministry of Housing has said it will soon begin to recover all government residential and office houses which are illegally occupied. This was made known by the Commissioner for Housing, Mr. Emma Okah, during an unscheduled visit to the state-owned Iriebe Satellite Town, one of the many state government-owned housing estates across the state. The commissioner, who was ...

When you think about the most expensive offices space in the world, cities like New York and London,with their reputations as global financial centers, spring to mind. However, when it comes to pricing, Lagos, the commercial capital of Africa’s largest economy has managed to find a comfortable spot among them. Dolapo Omidire of Quartz.com examines how Lagos has arrived at ...

Property prices rose again last month, according to the latest official figures. However, there were strong signs the annual rate of inflation may be moderating following the introduction of new lending restrictions. Figures from the Central Statistics Office (CSO) show residential property prices nationally rose by 0.5 per cent in May and are now 13.8 per cent higher than a ...

There has been lot of conjectures and vagueness associated with ‘self-contained apartments’ and ‘mini flats’. Some people get confused when both are mentioned in the same context because they seem to sound the same when you try to pick out the words. We will quickly elucidate the ambivalence that arises when people seem not to spot the difference between a ...