Tag Archives: Real Estate developers

“Some stakeholders have agreed to pool resources to tackle the housing problem headlong. This is by ensuring  improved access to credit facility and reducing development costs for low-income housing.”- The Nation The Federal Mortgage Bank of Nigeria (FMBN), Real Estate Developers Association of Nigeria (REDAN) and a pan-African finance institution, Shelter Afrique have joined forces to create a $2 billion ...

According to The Guardian, in the face of a housing deficit that numbers millions of units, Nigeria is working to tackle affordable housing shortage by improving access to credit and reducing development costs for low-income housing. Easing mortgage access In March the federal government announced it would waive an initial 10% payment on mortgages below N5m ($15,700) administered by the state-owned ...

In recent times there has been a consciousness of the role of real estate developers and real estate development by Government at all levels in relation to the growth of their respective territories. And despite the economic meltdown the real estate sector is still evolving at a tremendous pace.This article examines the challenges of real estate developers in Nigeria. There is ...

During the maiden meeting of its newly elected national exco in Abuja on Friday, The Real Estate Developers Association of Nigeria (REDAN) expressed its readiness to work with the president- elect, General Muhammadu Buhari in addressing the problems facing the housing sector. In the meeting attended by REDAN exco, REDAN President Rev. Chime Ugochukwu said that the association will help ...

Real estate developers are always confronted with the perennial problem of being responsible for the provision of basic public amenities that should ordinarily be provided by the government in the bid for developers to make the houses they are constructing livable. This was the view of Mr Hakeem Ogunniran, Managing Director of UACN Property Development Company (UPDC) Plc, who in ...