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Tag Archives: residential property

LASEPA seals eight churches, mosques over noise pollution

LASEPA

The Lagos State Government on Sunday closed down eight worship centres across the state for contravening environmental pollution regulations. Dr. Dolapo Fasawe, General Manager, Lagos State Environmental Protection Agency (LASEPA)who led the exercise, said that the facilities were closed down to save the people from health crisis that might arise from the activities of the centers. LASEPA boss said that ...

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REDAN pushes for development of property data

low cost housing

“Worried by the dearth of accurate data for necessary action plan in the housing sector, the Real Estate Developers Association of Nigeria (REDAN)  is initiating strategy to provide solution to the challenge of housing deficit.”-Nigerian Tribune The moves by REDAN to provide a solution to the challenge of housing data was made known by its President, Rev. Ugochukwu Chime,   at ...

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A Brief Review of the Real Estate Industry in Nigeria

Real estate Industry

The real estate industry in Nigeria has come of age albeit it still struggles for a strong foothold. This article talks on how the real estate industry in Nigeria is being overlooked despite its immense potentials. Real Estate connotes an entity consisting of land and buildings on it in which resides some value of economic worth. In other words, it ...

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Commercial Property Vs Residential Property

Residential property

Before we weigh the pros and cons between a residential property and a commercial property, let’s define the two real estate terminologies. A residential property is any property that derives all or nearly all of its income from dwelling units. Single-family homes, multi-families, apartment buildings, condos, co-ops are all residential. For commercial property, we’ll use a typical layman’s definition: property ...

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