Real Estate

An Abu Dhabi-based real estate firm has formed a strategic partnership with an Indian construction firm to establish ‘Smart City’ projects in India. ‘Smart City’ is Prime Minister Narendra Modi’s ambitious project aimed at recasting the urban landscape of the country by making cities more livable and inclusive, besides driving the economic growth. Each selected city under the scheme would ...

AS Nigerians from all walks of life continue to seek solutions to wide spread corruption in the nation’s polity, the Bureau of Public Service Reforms (BPSR), is of the view that corruption especially, in the Federal Civil Service will reduce drastically if arrangements are made for workers to own their houses at retirement. The Director-General of the Bureau of Public ...

The special adviser/Director-General, Bureau of Lands and Survey, Ogun state, Mr. Adewale Oshinowo has stated clearly that Homeowner’s charter is not for revenue generation rather a form of support by the government to the people of Ogun state. In an interview with a punchng correspondent, Samuel Awoyinfa, Oshinowo, talks about the Homeowners’ Charter scheme and other sundry issues “The scheme ...

The Lagos State Government has signed three model city plans to guide physical development of different areas of the metropolis in the next 10 years. This is in line with its determination to ensure a better, safe and economically viable human settlement in the metropolis. They are the Ikoyi/Victoria Island, Agege/IfakoIjaiye and Apapa model city plans. During the presentation of ...

The Nigerian comedy industry is getting bigger, with comedians getting richer and having a net worth of millions of Naira. According to a list compiled by nigerianbulletin.com, a popular comedian known as ‘I Go Dye’ makes a top 5 list of Nigeria’s Richest Comedians, thanks to his involvement in real estate, properties and road construction asides making people laugh. He ...

According to figures released by the Property Council of Australia this week, the property industry contributed almost 12% of Australia’s gross domestic product last financial year. Figures in a report commissioned by the Property Council from consulting firm AEC Group show that property-related financial, professional and construction services contributed $182.5 billion to the economy last year, which makes up 11.5% ...

IFC, a member of the World Bank Group, and Chinese multinational construction and engineering company, CITIC Construction Co., Ltd  on May 29 launched a $300 million investment platform, CITICC (Africa) Holding Limited, to develop affordable housing in Sub-Saharan Africa. The platform will partner with local housing developers and provide long-term capital to develop 30,000 homes over next five years. IFC ...

Realty Point Limited is a dynamic multifaceted Pan-African real estate going concern primarily involved on the supply side of the industry with strong presence in REAL ESTATE Development, Investment, Publishing, Training / Consultancy and Marketing Syndications. With a vision to be Nigeria’s real estate reference point, empowering all strata of people towards achieving set real estate investment goals.   As ...

Meanwhile, in India, the Maharashtra government on Wednesday decided to exempt residences in Mumbai, that are less than 500 square feet, from paying property tax for another five years, a move that’s going to bring relief to people residing in 17 lakh such homes in the city. In 2010, the Brihanmumbai Municipal Corporation had decided to levy property tax based ...

Irish residential property prices rose by 0.6 percent in April to push prices 15.8 percent higher year-on-year following falls earlier this year that briefly slowed a recovery from a 2008 real estate crash. Property prices in Dublin, which led the recovery climbed 1 percent on the month to stand 20.2 percent higher than a year ago. While prices across Ireland ...