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Showing posts from December, 2016

Advert: 28 Units of 4Bedrooms Terraced Duplex Now Selling.

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28 Units of 4Bedrooms Terraced: Price: N35m each 35 units of 3 bedrooms Terraced Duplex: Price: N30m each. Location: Chevron, Lekki Lagos. Gated community with armed security,

Advert: Detached Duplex for Sale at Oniru

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5bedrooms fully detached duplex with BQ and well furnished standard kitchen on 500sqmts. Location: Off Oba Palace road Oniru.

Propertygate’s Boss Identifies Structural Problems of Mass Housing

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Chief Executive Officer of Propertygate Development and Investment Plc, Mr Adetokunbo Ajayi. A frontline Real Estate Operator and Managing Director and Chief Executive Officer of Propertygate Development and Investment Plc, Mr Adetokunbo Ajayi has identified some structural problems affecting the government’s mass housing project and proposed measures to revamp them. In an interactive session with the media on how Propertygate has fared despite the recession, Ajayi explained that lack

FG to Build 3,000 Housing Units for Civil Servants in Abuja

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Head of Service of the Federation, Winifred Oyo-Ita The Federal Government through the office of the Head of Service (HOS) has entered into an agreement with a housing developer, Brains and Hammers to build at least 3,000 housing units in 72 hectares of land located in Bwari, Abuja. The housing units which are to be completed within 6 months is to enable the civil servants acquire their own houses with ease.

Communal Living: Should Real Estate Developers Be Interested?

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Got me thinking! Is technology the way? Interesting, read and you will be inspired. Technology has seeped into virtually every aspect of the human experience these days and the sharing economy is just one manifestation of its impact. Tech startups like Uber and Airbnb represent the vanguard, reshaping the way we spend our vacation or simply travel across town. In recent years, the concept of utilizing shared resources has gained traction in

Architects Visit Babatunde Fashola, Unveil New Models for Housing

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President, Nigerian Institute of Architects (NIA), Tonye Oliver Braide presenting a plaque to the Minister of Power, Works and Housing, Babatunde Fashola during a courtesy visit to the minister, recently Apparently disturbed that previous homeownership schemes are not targeted at providing social housing, architects have proposed new innovative concepts to government, which will collectively address affordable and sustainable housing for Nigerians. The models proposed by the Nigerian Institute of Architects (NIA) for social housing include, development of a contributory scheme that will provide

How to Position Yourself for a $13.5 Billion Dollar Real Estate Market in 2017

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Are you a Facilities Manager or Real Estate Professional in Lagos or its Environs? The IFMA Operation and Maintenance Professional Module is coming to you this December. Register now to increase your capacity, become valuable to your employer or business, and increase your market attractiveness, even in this time of economic uncertainties. Did you know that about 30% of most organizations’ overhead is consumed by

At 20, Am I too Young to Invest in Buy-to-Let Property?

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‘Do I have to have some sort of experience as a landlord before I’m likely to be lent money? Question: I’ve recently turned 20 years old and I’ve taken a year out from my degree course to get some industry experience, and I’ve also been saving up. I haven’t got enough to invest in an amazing property, but I do think my savings will go some way in helping me get my foot on the ladder.

Lagos Unveils Housing Policy for the Benefit of Low Income Earners.

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In fulfillment of his campaign promise that his administration would come up with a new housing policy that will make all residents in the State have access to shelter irrespective of their social status, tribe or income, Lagos State Government has unveiled affordable housing units spread across the three Senatorial Districts. Speaking at the unveiling of the new housing policy in Epe, Governor

OPIC Partners NMRC on New Mortgage Scheme

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OPIC Managing Director, Mr. Babajide Odusolu Fresh prospects may be on the card for prospective homeowners in Ogun State, if statements made recently by senior officials of the government are anything to go by. Apparently bothered that average Nigerians cannot afford the cash and carry houses by developers, the Ogun State Property and Investment Corporation (OPIC), plans to roll out a mortgage scheme that will enable aspiring home owners purchase homes with ease.

Lagos to Launch Rent-To-Own Housing Scheme December 8

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Says scheme targets low income earners, artisans In an effort to cushion the effects of economic recession in the country, the Lagos State Government on Thursday said it has concluded plans to start allocation of houses under the newly introduced rent-to-own policy. The State’s Commissioner for Housing, Prince Gbolahan Lawal, who disclosed this at a press conference ahead of the launch of the schemes at the Bagauda

LASG Urges Prompt Payment of Land Use Charge

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The Lagos State Government has urged property owners in the State to ensure prompt payment of their Land Use Charge in order to benefit from the 15% discount available for early payers and to avoid sealing of their properties. In a statement issued on Wednesday by the Commissioner for Information and Strategy, Mr. Steve Ayorinde, payment of the Land Use Charge is part of civic

EstateDesk Nigeria is an Online Real Estate Startup from Benin City.

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When Darlington Enereba, Chief Executive Officer of EstateDesk Nigeria, says their primary aim is to make it as easy as possible for people to find a place to live in Nigeria and Africa, one begins to imagine how they intend to do this considering bigger competitors in the same field. Darlington and Jethro Theo Paul, the Creative Strategist co-founder, are quick to admit they have stronger and bigger competition but that they believe they are one step ahead of their potential competition.

South Africa's Most Expensive Home Sold for $19 million This Year 2016

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A three-storey, seven bedroom house in Cape Town has broken the record for the most expensive house ever sold in South Africa. Situated in Bantry Bay, the house has been bought by a German billionaire for approximately US$19 million, breaking previous records by a whopping margin of US$6.5 million. The deal has cheered local real estate professionals who were concerned over the stagnating property market in the country’s capital, amid the falling value of the rand. The house offers stunning views of the Atlantic sea and the gorgeous

Singapore Asks Property Investors to be Cautious

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The Monetary Authority of Singapore (MAS) has advised residential property investors to be cautious when investing in Singapore. In its latest review, the MAS said rising vacancy rates, declining rentals and impending interest rate increases could make investment in rental properties less profitable in the near future. "Before investing in property, investors should be aware that rising vacancy rates, declining rentals and impending interest rate increases mean that they may not always be able to rely on rental