ChangeAgent Property

Night view of the newly built Pedestrian bridge at Ojota by the Lagos State Government The Lagos State Government has extended the period of payment of Land Use Charge (LUC) to Friday, April 14th, 2017 in order to allow more property owners in the State to enjoy the discount applicable to prompt payment of the bill. A statement issued by the State Ministry of Finance urged property owners who are yet to make payment to seize this opportunity and benefit from the 15% discount by paying their LUC bill immediately.

R-L, Minister of State Aviation, Sen Hadi Sirika, Minister of Transportation, Mr Rotimi Ameachi, Minister of State Mines and Steel, Alhaji Abubakar Bawa Bwari, Minister of Mines and Steel, Dr Kayode Fayemi,Minister of Science and Technology, Dr Ogbonnya Onu and Minister of State Power Alhaji Mustapha Baba Shehuri as Acting President Yemi Osinbajo Presides over 4th FEC Meeting at the Council Chamber State House in Abuja.  As a demonstration of its commitment to provide affordable housing to Nigerians, especially the low income earners, the Federal Government has approved 10 percent waiver on housing mortgages below N5million for Nigerians. Minister of State for Power, Works and Housing, Mr Mustapha Baba Shehuri, announced this during the commissioning of a 125-unit housing estate being financed by the Federal Mortgage Bank of Nigeria, FMBN, in Enugu. Shehuri said the ministry planned to build mass houses in every state of the federation for public workers and other interested partie

The estate consists of 40 units of four and five bedrooms fully detached duplexes as well as four bedrooms terraces, and sits on 21,000 metres square parcel of land in Ikota, before Victoria Garden City in the Lekki area of Lagos State. Efforts have been stepped up towards increasing the housing stock in the country, with the on-going construction of Pracht Gardens Estate by Builcon Global Limited. The estate consists of 40 units of four and five bedrooms fully detached duplexes as well as four bedrooms terraces, and sits on 21,000 metres square parcel of land in Ikota, before Victoria Garden City in the Lekki area of Lagos State.

Prince Gbolahan Lawal Determined to reduce housing shortages, Lagos authorities have begun the implementation of its Rent-To-Own policy, aimed at making housing more readily affordable and accessible to the citizenry. Under the scheme, about 100 allottees would be given keys to their apartment monthly. Though, there are 12 housing estates in the custody of the state government, only five estates are ready for allocation with 4, 355 apartments meant for Rent-To-Own. The State’s Commissioner for Housing, Gbolahan Lawal said every responsible government must give utmost attention to providing housing for the low and middle-income earners.

Another residential estate in the heart of Lagos, Oak Homes is set to join the ranks of private housing estates in the country. Up to 90 apartments are planned for the estate, developed and financed by Messrs Oak Homes Limited. The mortgage is being offered in partnership with the Standard Chartered Bank and Imperial Homes. The project, located in upscale and serene environment within Victoria Island annex; Dideolu, and Oniru axis and Ikoyi comes in various categories, two-bedroom, three-bedroom, pent house, terrace duplexes and semi-detached duplexes. All units will be finished with high quality materials sourced locally and internationally.

Illustration of a proposed estate Members of the Association of Estate Agents in Nigeria (AEAN) have brushed aside political and economic challenges that have plagued the Nigerian nation, agreed to embrace new innovation and imbibe the culture of research. Stakeholders in the real estate sector, expressed some of these views at the second yearly conference of The Association of Estate Agents in Nigeria (AEAN) held in Lagos. The conference themed; “ Estate Agency Practice and National Development”, was aimed at revealing the correlation between the practice and national development and was attended by practitioners across the country.

The pendulum of global attention over the earth’s health swung again to the realm of natural conservation, as civil society organizations protest threat by the Cross River authorities to go ahead with the superhighway project. The proposed project is located within the United Nation’s fledgling new initiative tagged ‘Reducing Emissions from Deforestation and forest Degradation  (REDD+),’ under the banner of the United Nations Development Programme (UNDP), the UN’s Food and Agricultural Organisation (FAO) and the United Nations Environment Programme (UNEP).