The system of owning a house through a housing cooperative society in Nigeria has its own perks and advantages on a good day, but it also has its disadvantages. Right now, one of the surest routes to owning a home in Nigeria is to go the cooperative society way. However, it is one that is less traveled by many, despite ...
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Real estate investor offers Davido and Chioma his luxurious apartment for a week
A real estate investor identified as Okoye M.O. has offered the trending love birds, Davido and Chioma a one-week stay in one of his luxurious apartment in Sandton, South Africa. The self-acclaimed believer of love also noted that he is ready to give out N10,000 to 10 Nigerian couples which would be selected from the first and five comments on ...
Read More »Estate cooperative delivers massive affordable housing plans
A property and investment firm, Perfection Real Estate Investors Cooperative Society has revealed plans to make available to Nigerians, affordable mass housing scheme that will help in addressing the challenges of homelessness. At a quarterly meeting of the cooperative members in Lagos, the president, Niyi Adeleye said the property and investment firm was on a rescue mission to help many ...
Read More »If we want a mortgage system that works, we need to create it by ourselves – Adeyemi
Mr. Kunle Adeyemi, the CEO of sterling homes Ltd was in an interview with one of our correspondents, Rianat. He opined that developers need to create a mortgage system that works since the one we have is not accessible. Read his interview below. NREH: What influenced your decision to go into real estate considering your background in sciences? Mr. Adeyemi: ...
Read More »7 Wonderful Nuggets: How to Make Money From Real Estate as a Nigerian Youth
As a Nigerian youth in your 20s or early 30s, you probably just want to live for the moment and enjoy life. Thoughts on how to make money and ‘blow’ keep flooding your mind daily. It is however quite surprising that when you think about this “get-rich quick” avenues, `you give little thought to real estate. Thoughts like owning your ...
Read More »Real estate properties will continue to rise in Nigeria – Experts
Amidst the lip service being paid by the government on provision of affordable houses, stakeholders have argued that property prices in real estate may continue to escalate due to rising cost of construction materials. This might be worsened by the Land Use Charge (LUC) law made by Lagos State government, which other states may in no distant time start to ...
Read More »Pencom declares FG has invested 2.89% pension in real estate
About N224.30 billion of pension funds representing about 2.89 per cent of pension assets has been invested in the real estate sector of the economy going by statements from the National Pension Commission (PenCom). PenCom’s decision followed pressures from stakeholders urging the regulator not to allow pension funds to be lying idle in the vault but to allow Pension Fund ...
Read More »Affordable housing is an indicator of the well-being of Nigerians – Zarma
Minister of State for Power, Works and Housing, Surveyor Suleiman Hassan Zarma has pointed out that affordable housing and conducive urban environment remained portent indicators of the well-being of Nigerians through effective policies and pragmatic development programmes. Zarma who stated this in Abuja at a workshop for Real Estate Developers organised by Real Estate Development Association of Nigeria (REDAN) added ...
Read More »Experts in built environment seek an efficient facility management system
Experts in the built environment have advocated for an efficient facility management system as a means of sustaining national infrastructure across the country. Speaking to LEADERSHIP in Abuja, vice chairman of Council of Registered Builders of Nigeria (CORBON), Bldr. Samson Opaluwah noted that the cycle of failure of national infrastructure and facilities soon after commissioning could only be prevented by ...
Read More »LCCI rewards real estate experts with an award for excellence
The Lagos Chamber of Commerce and Industry (LCCI), has concluded plans to honour excellence in business at this year’s commerce and industry awards scheduled for Tuesday, 1st of May, 2018 in Lagos. This year’s edition, which is the fifth in the series, according to the LCCI, will be an improved edition and hopes to attract major players in the various ...
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