Tag Archives: real estate

Apparently worried by the high cost of housing delivery in Nigeria, the Federal Government has begun to woo key players and stakeholders in the public and private sectors of the economy with concessions and waivers that would enable them provide affordable housing to millions of homeless Nigerians. Indications to this effect emerged last week at one-day pre- summit for the ...

Worried that the Lagos authorities may take over a large chunk of its landed property without adequate compensation, Lekki communities have urged the State government to look elsewhere in attempt to construct the proposed Lagos 4th Mainland Bridge in the metropolis. They say that other developmental projects, like the Lekki Free Trade Zone (LFTZ) have robbed them of their land ...

A Lagos High Court Ikeja has restrained Lagos State governor and others, from further construction in a disputed property located at 7, Law Close, Magodo. Justice Atinuke Oluyemi halted further work on the site in an injunction she delivered last week, following an application by the claimant, Dr. Mrs. Abimbola Odumosu. Odumosu through her counsel, Adekunle Oyesanya (SAN), has approached ...

The authorities of Ogun State have explained that on-going construction of the 40 kilometre-Sango-Akute-Ojodu Abiodun Road in Ado- Odo/Ota and Ifo local government areas was slowed down due to persistent rainfall. The State’s Commissioner for Works and Infrastructure, Mr. Olamilekan Adegbite, an architect, made this known in Abeokuta last week said, embarking on the construction in the face of unfriendly ...

After Nigeria’s Gross Domestic Product (GDP) was recently rebased by measuring GDP estimates with a current base year price structure, Nigeria took over from South Africa as the largest economy in the African continent. This can be attributed to significant contribution by various sectors such as the real estate industry, which is estimated to be 8.01 percent and pegged at ...

This is a testimony of how this man built his house on a tight budget. Having initially thought he wouldn’t be able to build a house anytime soon, he was guided and eventually has become a landlord today. If he could do it, you can also SACK YOUR LANDLORD! Please introduce yourself Sir? My name is Enakeno Atagbaza and I ...

Ex-president of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), Mr Bode Adediji, has called for the revocation of the Land Use Act (LUA), saying its presence has withheld the progress of the nation’s housing sector. Mr Adediji made this known in a recent chat with the media where he also opined that only policies backed by appropriate actions ...

Nigeria Real Estate Hub invites you to attend DEBO ADEJANA MONTHLY REAL ESTATE SEMINAR The Seminar is a platform where we share knowledge, information and interact with Real estate practitioners, investors and enthusiasts about latest trends and practices in the industry. We also point the way to success in the industry. It is our hope that you will be on ...

A new research released by an international real estate adviser Savills, revealed that London has become the world’s most expensive city for companies to locate employees, overtaking Hong Kong, which had previously topped the ranking for an unbroken five year period. New York and Paris complete the pack of four leading cities, where the combined costs of renting residential and ...

IN a fresh move to provide housing for Nigerians, the apex mortgage institution – Federal Mortgage Bank of Nigeria [FMBN] plans to provide National Housing Fund (NHF) loan to 10,596 applicants, worth about N48 billion. FMBN Managing Director, Mr. Gimba Ya’u Kumo, announced the new funding last week during the NDIC year 2014 Sensitization Workshop for operators of Primary Mortgage ...