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  • How Nigeria’s real estate sector can shake off pandemic blues – Lawore

    • February 26, 2021
    • Posted by: admin
    • Category: Real Estate
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    When the first case of the coronavirus pandemic was discovered in Nigeria, there was apprehension about what havoc the virus could wreak on the country’s fragile economy. Information about the virus was sparse then and it was not known if Nigeria’s healthcare system could contain it just as it did Ebola in 2014. More than

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  • Lagos seals 10 different properties for violating planning laws

    • February 5, 2021
    • Posted by: admin
    • Category: Real Estate
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    The Lagos State Government has sealed off 10 different buildings in Ogudu GRA for violating the state’s physical planning laws. Whilst leading a team of government officials for the special enforcement operation, the Lagos State Commissioner for Physical Planning and Urban Development, Dr. Idris Salako, said owners of the property involved had chosen to remain

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  • Operators cautiously optimistic of real estate recovery in 2021

    • January 22, 2021
    • Posted by: admin
    • Category: Business plans, Real Estate
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    Notwithstanding the poor performance of the real estate sector last year, occasioned by the negative impact of the corona-virus pandemic, operators are optimistic that there could be an early rebound in 2021 if government lives up to its obligations. For a sector hugely dependent on the economic dynamics, experts were cautiously optimistic that real estate

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  • Developers deploy new funding method in real estate projects

    • January 15, 2021
    • Posted by: admin
    • Category: Business plans, Economics, Finance & accounting, Funding trends, Innovation, Real Estate
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    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

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  • Why Airbnb Struggles In Nigeria

    • December 18, 2020
    • Posted by: admin
    • Category: Business plans, Competitive research, Economics, Funding trends, International, Real Estate
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    ICT is facilitating the process of socio-economic development in Nigeria. It has offered new ways of exchanging information and transacting businesses, efficiently and cheaply. It has also changed the dynamic natures of financial, entertainment, and communication industries and provided better means of using the human and institutional capabilities of the nation in both the public

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  • IN 2021, LAND TRANSACTIONS WILL GO FULLY DIGITAL IN LAGOS

    • December 11, 2020
    • Posted by: admin
    • Category: Investment, Real Estate
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    Beginning from the first quarter of 2021, all land-related transactions in Lagos State will be undertaken online, Governor Babajide Sanwo-Olu disclosed on Wednesday 5th December 2020. The plan, the governor said, was to further accelerate the process of getting approvals on land matters and create an enduring business-driven property development market in the State. Sanwo-Olu

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  • Developers deploy new funding method in real estate projects

    • December 4, 2020
    • Posted by: admin
    • Category: Real Estate
    No Comments

    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

    read more

  • LAGOS STATE 2021 BUDGET: WHAT’S IN FOR INFRASTRUCTURES, HOUSING AND RESIDENTS

    • November 27, 2020
    • Posted by: admin
    • Category: Real Estate
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    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

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  • Estate surveyors urge reduction in Lagos consent fees

    • November 20, 2020
    • Posted by: admin
    • Category: Real Estate
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    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

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  • Attributes of A Successful Real Estate Development

    • November 13, 2020
    • Posted by: admin
    • Category: Real Estate
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    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

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