A NEW era is dawning on the real estate sector, especially in the United States, where property developers in conjunction with the authorities are offering investors permanent residency through the EB-5 programme, in addition to the prospect of a good return on projects’ investments. The new trend is being launched for buyers into Marlowe, a 20-storey, 100 residence contemporary tower ...
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Money palaver in Real Estate
The major issue in real estate development and investment is finance. There is no iota of doubt that funding is an important factor in real estate development and investment. The complexity and to a large extent, its capital intensive nature demands proper and adequate funding to make it realizable. The terms and availability of the needed funds determine the trend ...
Read More »How long should you live in a house as a tenant?
Shelter being one of the most essential needs for living concerns every being. Therefore, its either you are a tenant or a landlord. As usual on Nigeria Real Estate hub, we try to discuss issues as it concerns us all and create the platform to share your opinions. The topic for today goes thus; ‘How long should you live in a rented ...
Read More »Likely rent-free period in Dubai
According to a global real estate consultancy, Landlords in Dubai are likely to offer rent-free periods as new housing supply comes in putting rents under pressure. Mat Green, Head of Research & Consultancy UAE, CBRE Middle East, in the first quarter ‘Dubai Property Report’, said that the leasing market which has remained stable over the past three quarters is expected ...
Read More »Man kills elder brother over ancestral property dispute
A 38-year-old man hacked his elder brother to death at his house in Banaswadi on Wednesday morning before fleeing from the spot. The deceased has been identified as Manjunath (40). He was also a resident in the same area. His brother Madhu (38) is presently at large. Recently the family sold an ancestral property and disputes arose when Manjunath was ...
Read More »Denmark: Surging Property Prices Puts Danish Bank Regulator on Alert
Just as Denmark ’s economy emerges from its last property bust, the country’s banking regulator says it’s on alert to prevent another bubble from forming. The Financial Supervisory Authority is ready to raise capital requirements for banks and to deploy other measures to cool the market should it be needed, said Ulrik Noedgaard, the Copenhagen-based agency’s director general, in an ...
Read More »“Nigerian teachers to get free homes” – Osibanjo
There are indications that the nation’s teachers will benefit from a free education programme at tertiary levels and better housing scheme when the All Progressives Congress (APC) takes charge of the running of government come May 29, 2015. Nigeria’s Vice President-elect, Professor Yemi Osinbajo, who gave the hint during a consultative meeting with members of Nigerian Union of Teachers (NUT) ...
Read More »Real estate market drops again in Shanghai, China
China’s most expensive city, Shanghai, has been a point of concern for Beijing policy makers. Over the years, the government has all but locked the door to second and third home sales. A relaxation of those policies have kept Shanghai real estate stable. But the latest data shows new home sales and supply fell last week despite those policies, according ...
Read More »Real estate regulatory bill could open up another window for corruption
The real estate industry in New Delhi is not enthused by the new and improved real estate regulatory bill. Builders and consultants in the industry feel that while it will bring in transparency into the system, some of its provisions may also open another window for corruption. The Union Cabinet approved the Real Estate Development and Regulation Bill late on ...
Read More »Has the veil been lifted?
From time immemorial, the build up to any General elections in Africa’s most populous nation incites a lot of shenanigans-a thought provoking jamboree that keeps everyone on his or her toes and that includes fetuses that are allotted that period of time for their grand entry into Mother Earth. During the electioneering process in my country, every aspect of human ...
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