The real estate business is a capital intensive one especially in a country like Nigeria where there are no proper mortgage systems and structures that make acquisition of real estate easy or convenient yet. Real estate developers, individuals and organizations have however found a way to survive in this harsh business environment and ensure that the sector doesn’t become decrepit ...
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Social Media as a viable tool in Real Estate
Social media is a relentless globe trotter who has proven over the years that he is on an unending quest and like Duracell battery; “it never says die,” however don’t abuse it because doing so will be at your own peril Social media is one of the fastest and most cost effective ways to share your brand with a large ...
Read More »Housing and Urbanization stretched beyond borders
Urbanization is an unavoidable global trend that has held sway since time immemorial. The situation is so intimidating that many governments are usually in a fix as to how to tackle its excesses. Though Africa is reportedly a late starter in the urbanization race, it is urbanizing at such an alarming rate that predictions suggest Africa will enter the urban ...
Read More »Fundamentals of Real Estate Investment
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investments strategy is generally considered to be a sub-specialty of real estate investing called real estate development. Real estate is an asset form with limited liquidity relative to other investments, it is also capital ...
Read More »Why Road Noise Should Influence Property Valuation
Due to the ignorance of Nigerians on the fact that there exist a close nexus between noise pollution and sustainable city, little or no attention is paid to the control of noise pollution in Nigeria. Motor vehicle, a significant symbol of modern civilization, not only brings convenient transportation to our society but also gives off unpleasant traffic noise in living ...
Read More »Why Lagos State Mortgage Board?
Purpose THE Mortgage and Property Law 2010 established the Lagos State Mortgage Board (LMB). The law outlines the functions of the agency. Some of these functions include generating a conducive environment for citizens of the state to secure affordable mortgages or charges to enable them purchase their own homes; advise the Governor on the funding, administration and structure of the ...
Read More »Real Estate Trend
Real estate trend is a generic term used to describe any consistent pattern or change in the general direction of the real estate industry, which must be based on fact and, over the course of time, causing a statistically noticeable pattern of change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations or ...
Read More »Evolution of skyscrapers
Two developments in the 19th century paved the way for a whole new type of building: the skyscraper. The first was the development of a safe elevator. Primitive elevators of various designs had been used for centuries, and starting in the mid 19th century, steam-operated elevators were used to move materials in factories, mines, and warehouses. But these elevators were ...
Read More »International Real Estate
The term International Real Estate describes a relatively new phenomenon, beginning in the 1980s and keeping pace with globalization. The term encompasses real property development, sales and leasing transactions across national borders. International real estate could be viewed as one of the most dynamic branches of real estate although it is, by definition, influenced by fluctuating market value in various ...
Read More »Nigerian Religious Centres and their Neighbours (Part 2)
The reality of noise pollution as a major threat to the environment is no longer questionable. Experts have said that its effect ranges from sleep disturbances, speech impairment, to other health and psychological challenges. Taking root from industrial activities, automobile, air traffic, all night disc jockey ‘gbedu’ of hotels and bars, and household generator sets, the environment suffers the aftermath ...
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