Real Estate

Today, I want to talk about the challenges of a real estate developer. Recently, I had the honour of being with Otunba Olajide Awosedo, the chairman of Grant Properties Limited, a foremost real estate developer particularly in Lagos State and the ice – breaker in the Lekki peninsular axis. Some of you would know a thing or two about Goshen ...

Raise the topic of real estate at any gathering today and the question whether housing values are well founded routinely arises. Generally, most people feel very positive about the housing market outlook, as reflected in the results of a recently reported survey that gauges the mood of people from coast to coast. It found that respondents’ views as to the ...

Members of the Nigerian Institute of Building (NIOB) have reiterated its call to the Federal authority to promulgate a law to enforce the National Building Code. NIOB in a communiqué after its 44th Annual General Meeting/Conference at the Bovina View International Hotel, Ilorin, Kwara State, recently said professionals in the building industry should put social, environmental and economic sustainability of ...

A Utah County woman has changed her plea to guilty in a real estate fraud case in which she was accused of using straw buyers and inflated appraisals to obtain loans to purchase houses that were sometimes a $1 million in excess of the actual selling price. Portia Louder, 43, Highland, pleaded guilty in federal court to one count of ...

Last Month, UAE’s Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum announced Dubai’s newest mega-project, the Mall of the World, located along Sheikh Zayed Road in Dubai. Occupying a total area of 48 million sq. ft., the project will include the largest indoor theme park in the world, which will be ...

Eight months ago, during the launch of the Nigeria Mortgage Refinancing Company, NMRC, the President, Dr Goodluck Ebele Jonathan promised to provide affordable housing to the millions of homeless Nigerians by the end of the second quarter of the year. This pledge was made good last week when the government launched the first 10,000 mortgages for  the presidential Initiative on ...

It really is simple… Do you know there’s a self-service suite for independent business development professionals to manage their businesses from remote locations, and deliver efficient customer service to their respective customers? You can run this business alongside anything you already do. As an Independent business Consultant in real estate, you automatically become your own boss. More so, besides leveraging ...

Does the continent’s most-populous country deserve its new title? Recently, Nigeria became Africa’s largest economy by recalculation of its GDP (Gross Domestic Product). How did this happen, and what are the implications? Here is an article by URI FRIEDMAN about it. Please comment after reading, we would love to have your thoughts afterwards. credits: www.crudeoildaily.com Something strange happened in Nigeria on Sunday: The ...

Arabtec Holding has signed a $40 billion deal with Egypt to construct one million middle-income homes in various locations throughout Egypt. Under the agreement, Arabtec Real Estate, a recently formed subsidiary, will develop one million housing units in thirteen locations, delivered in phases over a span of five years, according to a company announcement. The value of the overall development ...

The word ‘mesne’ or ‘mesne profits’ should be familiar to anyone who has a dream to own a land or property or already has but if it is not, you are on the right page. Like the word ‘Economics’ which can be defined in various ways but has certain basic terms, ‘mesne profits’ can also be generated in different ways ...