Sunday, June 16, 2024
The adverse economic conditions in Nigeria are exerting a negative impact on multiple sectors, including real estate. This impact has, in numerous ways, affected individuals, households, and businesses. Most affected are individuals and households living in rented accommodation who are now groaning...
The National House Building Council (NHBC) has revealed in new data that affordable homes completions rose 10% in 2023. Build-to-rent and affordable housing completions by housing associations totalled 45,649, up 10% compared with 2022, and the highest figure recorded by...
The Abuja@30 Village is a poignant testament to the vision of former FCT Minister Nasir El Rufai. Established in 2006 to mark the commemoration of Abuja at 30 which was established in 1976, this small resettlement named “1000 units”...
The Housing Outlook for 2024 in the Real Estate Sector is looking positive, with Experts predicting better prospects for the industry. The Real Estate Industry witnessed tremendous growth in 2023 despite the various trepidation of the economy. Despite the odds, various Real...
The Abuja real estate market is showing renewed signs of life. This is being underpinned by a new political tenure, plans to complete stalled infrastructure projects, and migration of new government appointees and their aides, from all parts of...
All things being equal, there is a forecast indicating that the diaspora market will contribute significantly to the growth of the real estate sector in 2024. According to the Executive Director, Housing Development Advocacy Network (HDAN), Festus Adebayo, the issue...
There’s no gainsaying the fact that Nigeria has a humongous housing deficit challenge. The problem is even more accentuated, given the inequitable distribution of shelter among people who own them and those who really need them. Given this background, it...
Adeniji Adele is the president, International Real Estate Federation (FIABCI) Africa and Near East Region. In this interview, he speaks on the influence of technology on the housing industry and how the government could surmount challenges in the real...
As the world rapidly urbanizes, the concept of "healthy buildings" takes center stage in architectural discussions. A health revolution, driven by pioneering companies like Schneider Electric, is underway, with the transformative impact of green architecture on occupant wellness at...
Equitable mortgages are a type of mortgage that is commonly used in Nigeria. It is a mortgage where the borrower pledges their property as security for a loan. In this type of mortgage, the lender holds the property in...
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