2020

With the high cost of loans and non-availability of long-term funds for real estate projects, developers have evolved new options to meet the needs of prospective homeowners. Currently, real estate developments, comprising residential, commercial, and industrial are becoming more capital-intensive due to the inflation affecting building materials, making it inevitable that developers would need external

Lagos state governor, Babajide Sanwo-Olu, still smarting from the shock of the hijacked ENDSARS protests and the destruction that followed, recently presented in the state’s 2021 budget proposal to the House of Assembly. The ₦1.155 trillion budget christened ‘Budget of Rekindled Hope’ places priority on five key sectors. The first is infrastructures and works. Others

Disquiet appears to have attended land transaction charges in Lagos state, as estate surveyors are seeking a further reduction in consent fees and new machinery to hasten the processing of applications. According to them, affordability of property registration, and the ease of land title procurement is an important component of transparency in land administration. Governor’s consent in Lagos and every

Real estate development is the process of buying land, financing real estate deals and building projects as well as orchestrating the process of property development from start to finish. Real estate development is anchored by developers who take huge risks but also receive great rewards. The big question is, what are the attributes of a

Social housing gives people a home. It’s cheaper to rent than privately rented housing and usually provides a long-term tenancy, giving renters the chance to put down roots. Social landlords tend to be councils or housing associations. The Nigeria National Housing Policy defines ‘Housing’ as the process of providing functional shelter in a proper setting in a

While the #endSARS protest has gradually evolved from just demanding the reform of the Nigerian police force to request for better governance, the movement which is predominantly chaired by Nigerian youths is said to hold benefits for the property market, according to real estate players. Even though housing anywhere in the world is a necessity,