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A property auction is a sales event (whether online or offline) where potential buyers place competitive bids on a property. People use auctions for real estate sales for several reasons. The most common is that it provides an avenue to...
Rising costs of house rent can be a frustrating and confusing topic for renters. It can be difficult to understand why rent prices are increasing, and how to navigate the housing market in a way that allows you to...
Rest Assured Investment and Property Limited, a real estate development company would on Friday, February 9, 2024, unveil its new estate at Imota, Ogun State. Mr Olukunle Odewale, Executive Director, Rest Assured Investment, said that the firm hoped to cater...
While the prevailing perspective on housing delivery in Nigeria suggests that the government should refrain from direct construction, the reality remains that without government participation, private sector operators have limited capacity to provide the number of housing units needed...
The Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC, has arraigned a 56-year-old car dealer, Rasaq Abolaji Mumini and one other for selling a forfeited property without due authorization and obtaining money under false pretence. Specifically, Mumini...
The Health of Mother Earth Foundation (HoMEF), a prominent environmental Civil Society Organization, has expressed deep concern over reported land grabbing in certain communities of Akwa Ibom by the state government under the pretext of initiating development projects. In a...
In a proactive move to address the impact of significant construction inflation in Nigeria, LandWey, a prominent figure in the real estate industry and the primary landlord across multiple sites from the second toll gate to Epe, unveils a...
The Federal Housing Authority (FHA) intends to allocate about N776.15 million for land procurement and house construction, constituting roughly 19.8% of its total 2024 budget of N3.94 billion. The budget for acquiring land and constructing houses is about 91.1% of...
Peniel Investment and Development LLC, a prominent real estate investment firm headquartered in the United States, has highlighted that Nigeria is presently facing an immense housing shortage of 28 million units, necessitating a substantial N21 trillion investment to address...
After nearly two years of hikes to the Bank of Canada’s benchmark interest rate, some forecasters are expecting the housing market correction will come to an end in 2024. But when that bottom hits, and how fiercely home sales and...
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