Real Estate

The Peoples Democratic Party, PDP, in Edo State has raised alarm over what it described as the alleged plot by the state government to sell the Nigerian Army Barracks in Ikpoba Hill, Benin City, due to alleged lack of funds for capital development. State Chairman of the party, Chief Dan Orbih, also described the approval of the 27.5 percent allowance ...

On a sunny Thursday afternoon in November 2014, Nonso Ofole, a motor sports park entrepreneur, arrived at his project site in Abuja to a great shocker – a Julius Berger-owned earth-mover was clearing the site he said is duly his. Julius Berger, is a German-owned Nigerian-based construction firm. What followed after Mr. Ofole observed the construction company allegedly trespassing his ...

We promised and we are delivering. We are bringing to you the FIRST EVER REAL ESTATE FICTION SERIES. Through this series you will be exposed to a lot of things tenants and landlords go through with each other, as well as what real estate agents and practitioners go through trying to make a living and how all these affects you ...

As a way to effectively handle the current huge housing deficit in the country, the government is collaborating with the private sector through reputable agencies and associations. One of such is the Real Estate Developer’s Association of Nigeria (NIGERIA), an agency tasked principally with the responsibility of facilitating the delivery of affordable mass housing in the country. The association has ...

Reducing housing deficits requires a number of essential ingredients to be in place to ensure a well-functioning housing finance system. This means achieving macroeconomic stability, effective legal and regulatory infrastructure, and ensuring appropriate levels of government intervention and support. In Nigeria with its underdeveloped housing finance systems or systems that only provide access to finance for high-income households, forcing low-income ...

The Nigerian Institution of Surveyors (NIS), an umbrella body of real estate professionals referred to as ‘land surveyors’, says it is strategizing to deal with pseudo-practitioners commonly called quacks. The institution explains that it is planning a country-wide education of its members at the state branches, through seminars and workshops, to make them understand what they are expected to do ...

The efforts of the Ogun State Government to reduce the problems associated with land title documentation may have been hijacked by persons interested in defrauding the residents. Residents of some parts of Ogun State have raised the alarm that they are being visited by suspected imposters who pretend to be officials of the state government, and demand for money to ...

The Government of Lagos State headed by Gov. Babatunde Raji Fashola, several years ago announced that land owners in Lagos who have no proper title should make hast to regularize their title within 6 months starting for August 1, 2012 or face the consequences of revocation. In life, things are constantly changing and it is important that we sometimes move ...

Every society has its exclusive locations where those who are, socially and economically, out of the ordinary nestle their homes generally defined by sophistication, taste, class and luxury living. Nigeria has a fair share of such locations nurtured and sustained by its fast-paced urbanization, an exclusive class of the nuveau-riche and a growing clan of the middle class whose access ...

In its efforts to maximise opportunities such as potable water supply, agriculture, power, tourism, aviation, transport as well as trade & investment in the Kashimbila Multipurpose Dam for the benefit of the host communities and the country at large, the federal government is set to commission the Dam next month. The Minister of Water Resources, Mrs. Sarah Ochekpe made the ...