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Showing posts from December, 2015

African countries to restore 100 million hectares of land by 2030

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AFR100 will help to translate ambitious commitments into action with support from private sector investors, foundations, development banks, and bilateral and multilateral funders. AFR100 will leverage a variety of financing, including grants, equity investments, loans, risk management guarantees and funds for specific interventions. A PAN-African, country-led effort to restore 100 million hectares (386 thousand square miles) of degraded and deforested landscapes by 2030, has been launched by African countries. The project known as African Forest Landscape Restoration Initiative (AFR 100) has been endorsed by the African Union. So far 10 African countries have agreed to join AFR100 and committed at least 31.7 million hectares of land for forest landscape restoration. AFR100 partners are earmarking more than USD $1 billion in development finance and more than $540 million in private sector impact investment to support restoration activities.

4flat Building on 1000sqm For Sale

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Location: AJao Estate along International Airport Road, Between EcoBank & GTBank. Title: C of O Price: N250million Asking

50 Cent’s Mansion On Sale Slashed From $18.5M To $8.5M

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Rapper 50 Cent has lowered the asking price for his Connecticut mansion again after filing for bankruptcy in the state this past summer. The Hartford Courant reports the new listing for 50 Cent’s 21-bedroom, 25-bathroom home in Farmington is now $8.5 million. The rapper bought the 50,000-square-foot mansion for $4.1 million in 2003, but reports say he invested between $6 million to $10 million on renovations. 50 Cent, whose real name is Curtis Jackson III, first asked for $18.5 million for the home in 2007 and has been periodically reducing its price ever since.

End of The Year Party Celebration Of Arc View Investments Limited @ Segosh Hotel and suites

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This is one of the topmost Real Estate Firm in Nigeria and Africa as a whole. The Word of the CEO (Mr Segun Oshundairo) of Arc View Investment Limited: It's been God all through the year and we have all cause to celebrate. Mr Uche Theodoral Retain the Best Realtor of the Year second time running.

‘We Will Continue to Give New Definition to Real Estate’, says Propertymart Boss

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The Deputy Managing Director, Propertymart Real Estate Investment Limited, Mr. Ayodeji Fasuwon has said it will continue to give a new definition to real estate landscapes in Nigeria by churning out the most valuable and well-planned estates with designs that span and equate global designs. He said this recently following the presentation of “The Most Enterprising Organisation of the Year 2015” award conferred on the company during the Nigeria Entrepreneur Summit, Exhibition and Awards 2015, in Abuja. Propertymart came top from among reputable companies that include NAF Conference Center Abuja, Coscharis, Lekki Gardens, Candel Company Ltd, Bi-Courtney Group, Nestle Nigeria Plc, Elizade Motors, Actis Nigeria and Troyka Holdings that were listed in the award category.

Lagos Approves Flyover Bridge for Ajah, Abule Egba

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...Repairs 300 Roads Across The State In Six Months The Lagos State Government has approved the construction of flyover bridges for two of the State's high-density traffic zones - Ajah round about and Abule Egba junction. The two major projects were approved by the State's Executive Council and have been duly awarded to contractors for a speedy commencement of work. In a press release issued on Sunday by the State's Commissioner for Information and Strategy, Mr. Steve Ayorinde, the projects will be completed within 16 months as part of Governor Akinwunmi Ambode's ongoing road infrastructure projects across the state.

10 Tips For Becoming a Successful Professional Real Estate Agent

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Owing to the fact that there are many real estate agents around, it is consequential that you go the extra mile to stand out from the crowd of real estate agents in the country. This article gives ten worthy tips on how to be a professional real estate agent and achieve success at it. The world of residential real estate has many different players, including appraisers, home inspectors, property managers, developers, contractors, bankers, mortgage loan officers, and government agencies, as well as prospective buyers and sellers. But, the workhorses of the typical real estate transaction are the people that coordinate the process—the real estate agents and brokers.

5 Travel Spots For the Young and Curious

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                                Taipei Millennials may not have much money to spend now, but they grew up during the economic boom of 1990s. Many have already visited popular international destinations like Paris and Rome. They want to travel to "off the beaten path" locations that stoke their curiosity, and are light on their budget. Taipei is increasingly appearing on many radars, along with other Asian cities Seoul, Macau and Manila, according to a survey by the online travel company Hipmunk. With its gleaming skyline and bustling night markets, Taipei has many of the attractions found in larger Asian cities, such as Tokyo and Hong Kong, but without the crowds and frantic pace. Taipei has a rich culture that combines Chinese, Japanese and Western influences. The city of 2.5 million is renowned for its cuisine, especially its street snacks.

Real Estate For The Ages

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Chris Merrill, CEO Harrison Street Real Estate Capital. (Jeff Sciortino for Forbes) raised a few eyebrows. “Some could only picture Animal House ,” says Merrill, who has been investing in real estate since 1993. But check out the $40 million property Merrill developed one block west of the University of Arizona campus. There is a rooftop pool, a fitness area and a business center–and 164 units with designer furniture, quartz countertops, stainless steel appliances and in-unit washers and dryers. The place charges $900 a month per bed, with apartments sleeping between one and five students. “Safe, well-lit, gated communities–parents won’t pay enough for that,” Merrill says. The private equity firm Merrill cofounded in 2005, Harrison Street Real Estate Capital, invests in student housing as part of a real estate strategy that is exclusively focused on demographic trends. For Millennials, dorms and student apartments are the target; for those in the “accumulation” stage of life, sel

10 Secrets Every Investor Should Know by Dennis Henson

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Most of the time success in business is the result of what you know. In every industry there are key elements—secrets—that if known will help to insure success but if not known, will certainly lead to failure. Real Estate investing is no different. Success begins with knowledge. What are some of the critical lessons that every real estate investor should know? Here are ten of them for starters…  The first secret is probably the most important of all the others—using other people's knowledge. There are only two ways to gain knowledge. Either you gain it from other peoples mistakes or make the mistakes yourself. If you refuse to learn from other people's mistakes—you are destined to learn from your own mistakes. The secret is to learn from others and avoid the pain of learning the hard way. Here is the secret—you can jump start your investing success by getting a good mentor and constantly reading and listening to CDs by successful real estate investors.  The second secret is

How To Become Wealthier, Faster Investing In Real Estate by David Lindahl

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Having rehabbed over 470 properties in the last seven years and collected over 600 apartment units I’m often asked, how can I become wealthier faster investing in real estate? While most investors concentrate on some aspect of single family houses, I was always interested in apartment houses first, and then single family homes as a means of getting more apartment houses. From the very beginning of my investing in real estate, I liked the idea that a group of people (the tenants in a building), would get together and pool their money to pay down the mortgage on a property, and I liked the idea that they would also pool their money together to pay for all of the maintenance work for a building. I especially liked the idea that they would give an owner so much money that the owner would have a bunch of money left over at the end of every month that could be used to either re-invest, save or to go out and have a good time with.

Federal Government to Re-introduce Tolls, says Fashola

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                    Babatunde Fashola The Minister of Power, Works and Housing, Mr Babatunde Fashola, says the Federal Government would re-introduce highway tolling to raise additional funds to finance road infrastructure and ensure efficient road maintenance. Fashola said this on Tuesday in Abuja during his first news conference tagged “Setting the Agenda for Delivering Change”. He said that adequate funding of the nation’s road infrastructure would generate job opportunities and reduce unemployment in the country. “Maintenance would be our watchword. We are setting up a robust maintenance regime to keep our highways in good shape.

Delta State Sets Up Committee to Identify Undeveloped Plots in Asaba

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                                 Okowa The Delta State Commissioner for Lands, Survey and Urban Development, Sir Dan Okenyi, has set up a committee to identify undeveloped plots of land earlier allocated to individuals and organisations in the metropolitan area of Asaba, Delta State capital. The committee, headed by Mr. Alex Eboka, will identify plots that were yet to be developed by their owners two years or more after the allocation. The exercise was necessitated by the prevalence of undeveloped plots of land some of which were allocated for upwards of five years and duly issued with Certificates of Occupancy (CofO).

Lafarge Launches Studio-model Affordable Housing Project

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AS part of its social responsibility to the Nigerian populace, a cement manufacturer giant, Lafarge Africa Plc has struck a deal with the Federal Government to deliver 500 units of low cost housing in Abuja. The project, according to the promoter, which would kick off in 2016, is also a testimony to the company’s pledge to complement government’s effort at bridging the housing deficit in Nigeria. Disclosing this during the official launching of its studio model, at its Oregun’s office last week, Head, Affordable Housing and Building, Lafarge Africa PLc., Jumoke Adegunle, explained that the project is to herald the company’s desire to provide affordable housing to the Nigerian masses.

LAGOS LANDS BUREAU CREATES DEDICATED HELP- DESK FOR UNCOMPLETED C of O APPLICATIONS

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The Office of the Lagos State Lands Bureau has created a dedicated Help Desk for uncompleted applications for those who have applied for Certificates of Occupancy (CoO) but whose completion process is been delayed due to the absence of essential documents. The Permanent Secretary in the Office of Lands Bureau, Mr. Bode Agoro disclosed this recently while briefing the media, he noted that, this has become necessary considering the avalanche of uncompleted and abandoned applications associated with non-submission of vital information and essential documents by the applicants. He reiterated the commitment of the present administration towards prompt signing and release of Certificates of Occupancy to applicants, thereby ensuring that, they have official documents of their landed properties.

Lagos Completes Badagry Asphalt Plant, Pledges to Fix More Roads

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                     One of the plant Apart from construction of the two plants, employed of 105 additional artisans as maintenance gang members are all geared up towards boosting the operational activities of the corporation by ensuring that Lagos experience motor-able and pot-hole free roads at all times. IF the assurances by the Lagos State Public Works Corporation (LSPWC), is anything to go by, then, more deplorable roads in the state would be fixed in the new few months. The corporation last week said, it would speed up on its mandate of delivering good road infrastructure throughout the state, as a newly completed asphalt plant in Badagry would significantly boost its operation. To reduce the hiccups usually associated with road maintenance work, the state had some months ago delivered Imota asphalt plant; it also recently completed another one, located in Badagry.

Now it’s Pleasure Ride on Mile 12-Ikorodu Road

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Commuters plead for reduced fares COMMUTERS that ply the Ikorodu Mile 12 axis of Lagos metropolis have continued to express happiness to the government for providing the BRT service. In a chat with The Guardian at Mile 12 area, a commuter said: “I love what the government has done. The buses are very comfortable. I also love the air conditioner. I have never missed it since it was launched.” Lagos State Governor, Akinwumi Ambode, recently commissioned the Mile 12- Ikorodu BRT route. Dignitaries from all walks of life were present to grace the occasion. All Progressives Congress (APC) chieftain, Asiwaju Bola Ahmed Tinubu, Osun State Governor, Rauf Aregbesola were among the notable dignitaries present at the occasion. The first BRT system was launched in March 2008 along the Mile 12 CMS corridor. The 22km BRT has moved over 250 million passengers in the last seven year. However, a commuter at Agric Bus Stop urged the government to reduce the fare.

Reps Plan Reversal of Abuja Land Swap Scheme

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The House of Representatives has vowed to reverse the land swap policy in the Federal Capital Territory (FCT) initiated by former President, Dr. Goodluck Jonathan. According to the lower chamber, the decision is premised on its resolution via its legislative agenda to expose corruption, inefficiency and waste in the conduct of government business. The House Committee on FCT which faulted the initiative said the programme is a negation of the provisions of the original Abuja Master Plan and misplacement of priority in the direction of physical development of the city. To the panel, if the programme is allowed to materialize, it will only succeed in creating development islands and a brazen evidence of uncoordinated development as well as hurried mortgage of the future of the federal capital city.

Now Is The Best Season To Buy A Home

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With increasing incidences of unruly shoppers competing over holiday sales, it could well be the best time of the year to be among the exceptionally few buying a big ticket item that both adds value and is long lasting. The big ticket item in this case is a home.  About one million consumers will purchase a home from November to January this year, when home prices are a bit softer. As you may know, the typical home price tends to rise around 3% to 5% per year. This year in 2015, the gain is a bit stronger at 6% because of the ongoing shortage of inventory in many markets. But the annual price gain does not smoothly and steadily change from one month to the next. There is a clear seasonal pattern of rising prices from the spring home buying season to the end of summer. Then prices mildly retreat. Closings in January provide the best discount for home buyers, meaning that buyers get the best deal when they get the home under contract around December.

How to Get Governor’s Consent in Lagos State

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Obtaining the Lagos state Governor’s consent to all land transactions in Lagos state is the means of perfecting title The issue of getting a property can sometimes be very daunting if you have to think about the stress and many processes involved. First, you have to be sure what you’re buying is genuine and will not be sold to anyone else after your payment except by you. Then you have to obtain proper title if none existed before or perfect the title it already has in your own favour. The Land Use Act of 1978 puts all land in a State; town and rural area under the control of the Governor and Local Government Chairman respectively in trust for the people of the state.

The Relevance of a Survey Plan

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Some people like to ask ‘what is the relevance of a survey plan?’. A survey plan’s primary purpose is to prove the identity of a land which comes handy when a dispute ensues. A survey plan becomes of utmost importance for any success to be attained in any land suit. A plaintiff seeking for declaration of title to land has a cardinal duty to show with certainty, the area of land being claimed, failure to do so makes his or her claim to be at risk of being dismissed. Hence, a land survey plan is a specialized map of a parcel of land, created by thoroughly examining and measuring the property. It determines and delineates boundary locations, building locations, physical features and other items of spatial importance. More than just a diagram of the property, a land survey plan is an important legal document that displays the exact legal borders of the property and applicable aspects of the registered title. The definition of a surveyor according to Section 2 of the Survey Act means

Lagos State Government is Working

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Engineers from the Lagos State Government working on street lights in Oworoshoki, Lagos, as part of government’s effort to light up the state, on Monday, November 30, 2015.

A Leader & Community Developer with a Vision to Transform Badagry

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An indigene of Ajido (Mogoh quarters) Badagry, Lagos state. 15 years professional experience in strategic leadership, micro-enterprise and small business development, microfinance, poverty alleviation, international development in both Africa and the United States of America; Track record in leading multicultural organizations and building strategic partnerships for the 21st century; Skilled grant writer and outstanding fundraiser (secured and successfully administered more than 10 million USD grants from international and national philanthropic foundations and U.S. Government Agencies);