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Real Estate Articles

The Impact of Infrastructural Development On Real Estate Values

real estate values

The real estate industry has increasingly become relevant to our economy. However in recent times, the prices of real estate goods and services have risen rapidly with home prices increasing sharply in comparison to prices of goods and services in other industries. At the same time, housing demand has posed economic and social challenges, arousing continental and universal concerns. This ...

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The Formation of Slums in a Rapidly Urbanizing World

slum formation

The formation of slums in any rapidly urbanizing city is inevitable, just like it’s being witnessed in Lagos state. However the population of slum dwellers can be brought to its barest minimum if the rights steps are taking in the appropriate direction. This article talks about the link between Urbanization and slum formation. There has been evidence of large slum ...

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Difference Between Personal Property And Real Property

Lagos Chamber Tasks NASS On Real Estate Bills

Personal property is movable property. It’s anything that can be subject to ownership, except land. Real property is immovable property – it’s land and anything attached to the land. This article reveals the difference between personal property and real property. There are two types of property. In legal terms, all property will be classified as either personal property or real ...

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Regulatory Bodies In the Construction Industry In Nigeria

regulatory bodies

The construction or building industry in Nigeria is a complex and highly competitive one with varying professionals in different aspects. These professionals ensure the successful execution of its numerous activities. However, just like in every sector of the economy of a country, there are regulatory bodies that are saddled with the responsibility of ensuring the effective control; coordination; organizing; directing; ...

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Why Building Information Modeling (BIM) Should Be Adopted in Nigeria

Building Information Modeling

One technology that has emerged over the last decade and a half is Building Information Modeling (BIM). This article highlights the importance of BIM to the construction industry in Nigeria. There were no significant changes in the building design methods observed until the mid-nineteenth century and engineers were used to describe their design by traditional methods (pen, paper, and ruler). ...

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The History Behind the Names of Popular Places in Lagos

Real estate Industry

Do you know that most of the popular places in Lagos did not just derive their names by mere coincidence neither are they just names of places based on logistics? This article exposes the origin and true meanings of popular locations in Lagos that virtually most Lagosians have come in contact with one way or the other. Lagos which has ...

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5 Things to Know Before You Buy or Rent Property

Federal government and states agree on rent on a monthly basis

Buying or renting a property is not all about having the right finances, there is a whole lot involved.  There are some basic things you ought to put into cognizance before you take that big step. This article brings to the fore “5 things to know before you buy or rent property” There are pointers and questions you should answer ...

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The Implications of rising cost of building materials in Nigeria

Building materials

In recent times there has been a dramatic increase in the costs of building materials in Nigeria, and this development threatens the performance of the construction industry. This article assesses the implications of the recent rising cost in building materials. Building materials have been playing an important role in the construction industry—they are those materials put together in erecting or ...

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INVESTMENT DECISION: By Variety or By Emotion?

investment decisions

A lot of people find it hard to separate their human emotions from making important life decisions. Many escape unhurt, but majority do not. When you are making an investment decision, friendship or family does not matter as much as what the investment itself entails. You need to eliminate all forms of sentiment that may be flashing through your mind, ...

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AGENT’S DIARY: My Best Real Estate Deal Yet

real estate deal

This narrative was first shared on February 2, 2015 at the onset of the Economic recession. It is a story about how a real estate top shot encountered his best real estate deal yet whilst just a mere real estate agent. Without mincing words, I can tell you that it is not everybody that is feeling the cash crunch. Yes, ...

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