Activities of fraudulent estate agents and property developers have reached the peak in the Lagos property market, leaving accommodation seekers, the major victims, with tales of woes. However, government is bracing to the challenge of regulating activities of practitioners in the state, reports DAYO AYEYEMI. Real estate business is one of the legal and profitable […]
The Disciplinary Tribunal of the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON) has begun the prosecution of some estate valuers in the country, who have been accused of professional misconduct. The tribunal, which sat in Lagos on Monday, commenced hearing of several cases brought before it by the Nigerian Institution of Estate Surveyors […]
Leading Advocacy group, Housing Development Advocacy Network has enjoined the Federal and State Governments to stop building housing estates in remote and outskirts of the cities. In a statement on Monday by its President, Barr Festus Adebayo, the group stated that the goal of affordable housing would be defeated if the houses are situated in […]
Nigeria is a country blessed with diverse resources; ranging from human resources, good weather conditions, fertile soil for agriculture and natural tourist attractions. Adjudged the most population black nation, Nigeria has a lot of beautiful cities which has made it one of the most preferred nations in Africa for tourists. These cities do not only […]
LAGOS – Who should be in control of development of buildings in Nigeria? Should it be town planners or builders? This is one of the germane issues confronting the building industry However, it is not a new development as it has been a recurrent question. While some argue that builders cannot be in control, other […]
The Federal Housing Authority (FHA) has commenced construction of low and medium cost homes in Ibadan, the Oyo State capital. The Nation disclosed that the buildings will sit on 1000 hectares of land set aside as Ajoda New Town along Ibadan-Ife expressway. The cheapest flat in the estate will cost a little over N4 million according […]
A total of 64,715 households are to benefit from the federal government’s palliatives in Niger State. The Director General, National Emergency Management Agency (NEMA), Muhammadu A Muhammed, disclosed this in Minna on Tuesday while handing over the items to the state government. Muhammed, who was represented by the Acting Director, Relief & Rehabilitation Department, Dr. […]
The Lagos State Government ordered the stoppage of construction of illegal buildings within the old Federal Secretariat premises in Ikoyi. In a statement by Mr Mukaila Sanusi, the spokesperson of the Ministry of Physical Planning and Urban Development, on Thursday, the Commissioner, Dr Idris Salako, who gave the order, also sealed off the premises, where […]
Real estate may have produced more wealth than any other industry, but people still remain skeptical about entering into the fray. Most think that they need to start with some sort of capital, but that’s not always the case. The one magic power you do need is to be able to find the money, and […]
I won’t even try to convince anyone who wants to own a multimillion-dollar real estate portfolio that they can easily do so within a few years. In the process of acquiring a multimillion-dollar investment portfolio over the last nine years, however, I’ve developed the unshakable conviction that following these guidelines can optimize any real estate […]