Imo Lifts Ban on High-rise Buildings in Aladinma, World Bank

By -
IMO State Governor.
As part of efforts to create a better living standards and adequate infrastructure for the people, Imo State Government has lifted the ban on construction of high- rise buildings in some layouts and high brow zones.

Since the creation of Imo State in 1976, areas like Aladinma, Federal Housing Esate, World Bank zones had been for the exclusive construction of bungalows with approved uniform designs of rooms and apartments.

The Imo State Governor, Chief Rochas Okorocha, who announced the change in layouts and land use, named the areas people as Aladinma, World Bank, Egbu Layouts among others. “Building of high rising has been unbanned in the state. People can build in Alandinma and World Bank”, he said.



He also stated that it was an offence for landlords to allow their houses to remain unpainted and dilapidated. According to him, his government would designate special areas where herdsmen would be grazing their cattle in the state to avoid conflicts.
The Governor said a Special Task Force would be put in place to ensure compliance with the new policy.

Sourced- TheGuardian

Comments

Post a Comment

Disclaimer: Opinions expressed in comments are those of the comment writers alone and does not reflect or represent the views of ChangeAgent Property

Popular posts from this blog

HOW TO MAKE ₦10,000,000 IN REAL ESTATE INVESTMENT IN LAGOS NIGERIA

By -
Image
If there is any business in Nigeria that is truly lucrative to the highest profitability, it has to be Real Estate investments. Most of the top billionaire in Nigeria are real estate investors. It is a money spinner of the highest order. Real Estate is currently booming in Nigeria and people are making millions in it. I want us to take a closer look at the business and see how anyone may invest in this sector of the economy irrespective of how much you have. One thing extremely good about real estate business is that the investment opportunities are so diverse that there seem to be something for everyone. Anyone who wish to invest can invest whether he has thousands or billions of naira, you can even invest without a dime in your pocket. So, let's see how it works.  I am going to highlight some of the best investment opportunities in the industry. But before that, let's look at the profit. I bought a plot of land in Ikorodu area of Lagos State in 2011 where I've wanted
Read more

*THE OCEANNA OFFICE SPACES* Now Selling

By -
Image
OCEANNA introduces its Grade A office spaces which can be solely owned and used by a subscriber or as an investment. A fostering collaboration between discerning individuals and companies. * LOCATION * OCEANNA MIXED USE DEVELOPMENT Water Corporation Drive, Victoria Island, Lagos. * FACILITIES AND INFRASTRUCTURE * Outfitted with state-of-the-art fixtures, amenities and systems befitting their Grade A status.
Read more

Property Tokenization: The Digital Future of Real Estate Investment

By -
Image
Property tokenization will enhance liquidity and improve the efficiency of global real estate markets. The first projects in the U.S. and Europe have already proven the economic and technological feasibility. Enhanced liquidity, lower transaction costs, faster processes: The value proposition of asset tokenization has become particularly relevant in real estate markets, which is by far the largest asset class in terms of global asset value.
Read more