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The Lagos State Government has announced an amnesty window for property owners to obtain or perfect their planning permits on completed buildings between May 2 and July 30, 2024. This initiative aims to allow property owners and developers of existing...
Stakeholders are canvassing for a centralised platform to list property to streamline property acquisition and rental processes. This was the fallout of the Association of Real Estate Agents in Nigeria Summit, themed ‘Building Enduring Partnerships for a Future’, held in...
Contrary to the dire situation in the building and construction sector where many project sites have been reported abandoned due to surging building materials prices, the land market remains active. This has been attributed to the galloping inflation, naira devaluation...
Increasing the amount of titled landed property by 25 per cent could have a significant impact on the Gross Domestic Product of the country (GDP), a report by Ubosi Eleh & Co. has stated. The report titled “Reinvigorating Nigeria’s Economic...
Minister, of the Federal Capital Territory (FCT), Nyesom Wike, has disclosed that some officials are conspiring with land grabbers to work against the federal government on the issues of land allocation in Abuja. Wike said some of the people calling...
The Federal Capital Territory Administration ( FCTA) has warned people interested in land acquisition in Abuja to be careful of racketeers, saying such unscrupulous merchants have duped many. The Director of the Department of Development Control, Mukhtar Galadima, said this...
Experts in Nigeria’s building industry have raised concerns about the high number of properties in Lagos State lacking legal titles. They estimate a staggering 94% of properties fall into this category. The issue came to light during the launch of...
All over the world, investment is not easy. As lucrative as real estate is, it takes a lot of financing. Now, after investing financial resources heavily, it will be unfair to invest in properties you should never buy in...
Members of an Igbo socio-political group, Ndigbo Buru’Otu Association, have raised alarm over the indiscriminate demolition of houses carried out by officials of Federal Housing Authority in Ijeododo community, Ijegun area of Lagos State. They stated that they were shocked...
Edo State Governor, Godwin Obaseki, has disclosed that his administration has issued no fewer than 30,000 Certificates of Occupancy to eligible homeowners and investors to boost real estate investment in the state. The governor disclosed this at the inauguration of...
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