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Browsing the "Real Estate" Category

President Buhari makes new appointment

UN Envoy sends message to Buhari govt over vacant houses in Abuja, Lagos

UN Envoy sends message to Buhari govt over vacant houses in Abuja, Lagos Ms Leilana Fartha, UN Special Rapporteur on the Rights to Adequate Housing, on Monday urged the Federal Government to impose vacant home taxes with a view to [...]

September 24, 2019 Real Estate
Eko Atlantic

Eko Atlantic: A Look Nigeria’s Most Expensive Place To Live

Eko Atlantic: This is the Lagos Atlantic City, a proposed city by the Lagos State Government. Imagine a city where everything works which includes the drainage, power and a serene environment, then this city might likely be a place to [...]

July 7, 2019 Real Estate
Anambra Plans Demolition Of Over 100 Homes

Anambra Plans Demolition Of Over 100 Homes

Anambra Plans Demolition Of Over 100 Homes If what is brewing on rumour mill is anything to go by, over 100 homes will be affected in the plans by Anambra State to rid the capital city of shanties that dot [...]

July 5, 2019 Real Estate

Lagos task force serves demolition notice on shanties in Oko-Oba

Landlords and tenants living around Abattoir and Oko-Oba area of Lagos State may soon breath a sigh of relief as the Lagos State task force has decided to evict those living in shanties in the neighbourhood. The shanty occupiers have [...]

June 20, 2018 Real Estate

Lagos reduces land use charge

Lagos reduces land use charge: Lagos State Government has announced a reduction in the rates to be paid through Land Use Charge. Announcing this at a press briefing in Alausa, the Commissioner for Finance, Akinyemi Ashade, said that rate for [...]

March 15, 2018 Real Estate
FCT authorities demolish Guzape Village

FCT authorities demolish Guzape Village

The FCT Department of Development Control on Friday demolished the Mountain Village in Guzape District in Abuja. The settlement which is at the city centre is situated behind Dantata Construction Company main Yard and besides the Special Anti-Robbery Squad (SARS) [...]

October 7, 2017 Real Estate

Blind Nigerian Man Gives His Land To Over 500 Homeless IDPs For Shelter In Maiduguri

Visually impaired man gives his land to over 500 IDPs for shelter in Maiduguri, Borno State. The Blind man name is Ahmed Ali a.k.a Mai kifi an indigenous of Mafa LGA Borno State. A gesture that is lacking even among [...]

April 26, 2017 Real Estate
peter-obi Anambra State

Tension As Indigenes Demolish Govt Houses In Onitsha

Tension As Indigenes Demolish Govt Houses In Onitsha – Govt Houses In Onitsha – The Anambra Government has expressed dismay over the demolition of its houses in Onitsha by some indigenes of Onitsha said to be recovering their land from government. [...]

May 13, 2016 Real Estate
estate agent lagos

Estate agents back Lagos on one year rent policy – By Kingsley Adegboye

state agents back Lagos – Lagos State Real Estate Transaction Regulatory Authority, a new body charged with the responsibility to regulate the practice of estate agency in the state, has registered the Lagos State branch of Estate Rent Commission Agents of [...]

January 27, 2016 Real Estate

Nigeria’s Centenary City Will Not Experience Power Outages – Jonathan

Experience Power Outages:Nigeria will soon boast of a centenary city where there will be no power failure and fear of insecurity as the federal government seeks to build the nation’s centenary city with the aid of the private sector. Experience [...]

January 23, 2016 Real Estate
Eko Atlantic City

Eko Atlantic City | The Lagos Atlantic City Progress

The New 5 million square metre Eko Atlantic City Launched by Lagos state Government. The City is to be built on reclaimed land from the Atlantic Ocean. Eko Atlantic will be a new home to 250,000 people and the workplace [...]

January 17, 2016 Real Estate
Cross River State

Cross River To Commission Ikom Stadium In November

The Cross River State Government says the ultra-modern stadium being constructed in Ikom will be completed and commissioned before the end of the year. Commissioner for Special Projects, Eng. Bassey Ika Oqua disclosed this to the National Good Governance Team [...]

January 16, 2016 Real Estate
National Theatre

Govt To Turn National Theatre Into Hotel

National Theatre – A Lagos landmark is set for a new status – if the Federal Government succeeds in its plan to find another use for it. The 37-year-old National Theatre in Iganmu, Lagos Mainland is to be converted into a five-star [...]

August 24, 2015 Real Estate

Ambode to consider ‘rent and own’ policy in Lagos State housing programme

  Lagos State governor, Mr Akinwumi Ambode on Friday said the state would consider adopting a ‘rent and own’ policy in resolving its housing deficiency. In a chat with media executives at his office in Alausa, Ikeja, Ambode acknowledged that [...]

June 20, 2015 Real Estate, Video, What the papers say
Lagos, developer plan Badagry’s Hannah Garden

Lagos, developer plan Badagry’s Hannah Garden

PLANS to commence construction works on the proposed Badagry’s Hannah Garden, a 260 housing units estate, are on the top gear, as the developer last week revealed that the project would kick-start by the end of March 2013. The Hannah’s Garden [...]

June 8, 2015 Real Estate
Lagos To Ban "Omo Onile"

Lagos land speculators also known as “Omo Onile”

The Lagos State House of Assembly is to begin deliberations on a bill seeking to frustrate and criminalise the activities of land grabbers, land speculators also known as “Omo Onile” and regulate the activities of agents dealing with issues of [...]

June 7, 2015 Real Estate
Red Cross members distribute relief materials to displaced victims of the Boko Haram violence at a relief camp in Dawaki

Gov Shettima gives 432 houses to Boko Haram victims

Gov Shettima gives 432 houses to Boko Haram victims – Governor Kashim Shettima of Borno the other day distributed 432 news houses to surviving family members of Boko Haram victims who have been chased out of their properties at Bulabulin Ngarnam [...]

March 22, 2015 Economy, Real Estate
FG signs MoU for expansion of 15,000 housing units

FG signs MoU for expansion of 15,000 housing units

FG signs MoU for expansion of 15,000 housing units – Mrs Akon Eyakenyi, the Minister of Lands, Housing and Urban Development, explained the Federal Government would intensify its partnership along with investors to deliver massive housing plans for low income earners. [...]

February 25, 2015 Real Estate

Lagos State On Affordable Housing

Political will more than finance is the most critical component of public housing programmes, writes BENNETT OGHIFO   Over the years, the country’s vision of providing decent and affordable housing has remained elusive for lack of a political will to [...]

February 24, 2015 Real Estate
Okorocha built modern twin duplexes

Okorocha built modern twin duplexes

Okorocha built modern twin duplexes – The activities of the Imo State government have finally transferred to the private resident of the State governor, Chief Rochas Okorocha at Spibat Estate. The multi-million Naira Estate of the governor expands from Amakohia Uratta [...]

February 4, 2015 Economy, Real Estate
Company plans 1,000 housing units every year

Company plans 1,000 housing units every year

Company plans 1,000 housing units every year – An estate company, Gran Imperio Group (GIG), intends to provide about 1,000 upscale housing units every year. The developer has delivered Jacob Mews, NorthPointe I, II III and SouthPointe Phase I, consisting of [...]

February 3, 2015 Real Estate
Lagos Lowers Land Acquisition Cost

Lagos Lowers Land Acquisition Cost

Lagos Lowers Land Acquisition Cost –  Mr. Babatunde Fashola, Lagos State Governor, has signed into law an Executive Order lowering the cost of land transactions throughout the state. He said the order is to ensure that land transactions are carried [...]

January 27, 2015 Economy, Real Estate

Government directs PMIs to process 66,400 applications

The Fed Government has directed primary mortgage inistitutions (PMIs) to process the applications of more than 66,000 Nigerians that requested for the 10,000 Nigerian Mortgage Refinancing Company (NMRC) housing programme. Addressing journalists in Abuja yesterday, the Coordinating Minister for the [...]

September 12, 2014 Economy, Real Estate

Mortgage project in Nigeria gets $630m increase

According to the media report on Monday, the Federal Mortgage Bank of Nigeria has got disbursed $630 million for constructing projects under the National Housing Fund (NHF).The Fund had been set up by the Federal Government Act 3 1992 in [...]

August 12, 2014 Economy, Real Estate

CPS could help cover primary mortgage

In highly developed economies in which pension continues to be adjudged profitable, cash earned from pension is definitely an excellent source of long-term financing for primary mortgage purchases. In this kind of jurisdictions, there is often little or without housing [...]

August 6, 2014 Economy, Real Estate

FG – Affordable Homes Mortgage loan Scheme Launched

The Federal Government has got released the very first 10,000 Affordable Housing Mortgage Scheme under the Nigerian Housing Finance Programme in order to help connect the real estate shortage throughout the country. The launching, which is expected to alleviate constraints [...]

August 4, 2014 Economy, Real Estate

Real Estate Market in Nigeria Valued at 6.4 trillion

After increasing demand for commercial space as well as housing for middle-income and also young professionals throughout Nigeria, the nation’s housing market continues to grow together with the sector now valued at N6.4 trillion ($41.2 billion). According to a report [...]

July 30, 2014 Economy, Real Estate

Lagos one year rent policy favour tenants and attract good returns

Considering that the Lagos State Government one-year rent policy will not only favour tenants but additionally attract good agent’s return, the Association of Estate Rent Commission Agents of Nigeria (ERCAN), has placed its weight behind the policy. ERCAN in a [...]

July 30, 2014 Business, Economy, Real Estate

Stakeholders join forces against building collapse

In attempts to control the incidence of building collapse in the nation, especially in Lagos State, specialists in the constructed surroundings as well as others have taken towards the streets to sensitise individuals to the necessity of secure housing structure. [...]

July 21, 2014 Business, Real Estate

FG to increase housing investment by 5,000 units

The Federal Government with the Ministry of Lands, Housing and Urban Development as well as its parastatal, the Federal Mortgage Bank of Nigeria, will bring 5,000 units towards the current housing stock in the nation within the next 27 months. [...]

July 21, 2014 Economy, Real Estate