Property Real Estate and Environment

How to put an end to quackery in real estate – ERCAAN

Ihesiulo Grace 20 October 2017 0

In a bid at putting a stop to quackery in the real estate sector in Nigeria, The Estate, Rent, and Commission Agents Association of Nigeria (ERCAAN) has warned those who have no genuine intention for the profession to stay clear of the practice rather than constituting a menace to its growth.

Property Real Estate and Environment

ESVARBON, NIESV set for new valuation standards

Ihesiulo Grace 12 October 2017 0

Estate Surveyors and Valuers’ Registration Board of Nigeria (ESVARBON) and the Nigerian Institution of Estate Surveyors and Valuers (NIESV), have kick-started a process to standardize and align its proposed Nigerian Valuation Standards to be known as ‘Green Book.’ The objective is in keeping up with global best practices in the Real Estate valuation industry and […]

Property Real Estate and Environment

Mixta raises standard with Lakowe Lakes Golf & Country Estate

Ihesiulo Grace 12 October 2017 0

With a mission of redefining the real estate sector in Nigeria, Mixta Africa, one of the leading real estate development companies and wholly- owned subsidiary of ARM Limited has changed the game with its newly developed exclusive three hundred and eight-hectare Lakowe Lakes Golf & Country Estate. The estate, a gated community with an 18-hole […]

Property Real Estate and Environment

Land Reforms , Land Use Act in Nigeria

Ihesiulo Grace 12 October 2017 0

Human society the world over is heavily dependent on land and its resources. It is not an overstatement to say that without land, there will be no human existence. It is the foundation of shelter, food, and employment. Man lives on it during his life and upon his demise, his remains are kept in it […]

Property

Real Estate Tips: Want to sell your House? Get an estate agent fast!

Ihesiulo Grace 5 October 2017 0

When it comes to real estate, the thought of some sellers is that they can reduce the price to buyers and avoid sales commissions but in truth, that rarely happens. Houses sold by owners often take longer to sell and are not priced correctly from the start which allows prospective buyers to look elsewhere, wasting […]

Property

Estate Valuers, Surveyors charged to uphold global best practice

Ihesiulo Grace 5 October 2017 0

In a bid to underscore the vital role that Surveyors and Estate valuers play in the real estate sector, a key stakeholder has charged them with the implementation of international standards in their business. Speaking at the yearly conference of the Nigeria Institution of Estate Surveyors and Valuers (NIESV), Lagos State chapter with the theme: […]

Property

Expert charges FG on amendment of Land Use Act

Ihesiulo Grace 5 October 2017 0

A stakeholder in the real estate sector and the Chief Executive Officer of Revolution-Plus Property Development Company, Bamidele Onalaja has charged The Federal Government to facilitate the amendment of the Land Use Act. This is even as he called for a huge reform in the housing sector and an enabling environment for private developers to […]

Analysis Features Headlines Nigeria Property Real Estate and Environment

Dubai Delusion: How Lagos Govt orchestrated brutal land grab

Ihesiulo Grace 3 October 2017 0

… We demolished the area to forestall environmental disaster –State Govt It was perhaps the most brutal and bloodiest land grab since the sacking of Maroko in the 1990s. For years the inhabitant of Otodo-Gbame, a small fishing community overlooking the Lagos Lagoon just outside Lekki Phase 1, have been threatened with eviction by the […]

Property Real Estate and Environment

Affordable housing: Expert urges innovative approaches

Ihesiulo Grace 29 September 2017 0

A real estate expert, at a two-day real estate summit held in Lagos, recently, has called for innovative approaches towards arresting the housing deficit in the country ; as well as making affordable housing available to all. This is just as they also called for an improvement on the prevalence of “wet construction method,” which […]

Property

Fostering Inter-agency collaboration: FMBN seeks FIRS collaboration on NHF

Ihesiulo Grace 21 September 2017 0

In a bid to get to get non-contributing corporate organisations to key into the National Housing Fund Scheme (NHF) the Federal Mortgage Bank of Nigeria (FMBN) has sought for the collaboration of the Federal Inland Revenue Service (FIRS) by accessing its database to obtain list of corporate organisations in the country and enhance NHF scheme. […]

Property

NIRESE summit: Ambode, stakeholders offer panacea for housing deficit

Ihesiulo Grace 21 September 2017 0

Governor Akinwunmi Ambode of Lagos state has expressed the commitment of Lagos government to providing affordable housing through the partnership with the private sector. The governor made this known at the Second Nigeria Real Estate Summit and Expo held in Lagos on Tuesday. In his keynote address, the Lagos governor identified housing deficit as one […]

Property

Conflicting housing deficit figure: REDAN holds confab on data collation

Ihesiulo Grace 21 September 2017 0

In a bid to have a unified database on the exact figure of Nigeria’s housing deficit, Real Estate Developers’ Association of Nigeria (REDAN) has scheduled a conference of stakeholders in the built sector in Abuja on national real estate data collation and management programme. A statement by REDAN’s National General Secretary, Mr. Goke Odunlami indicated […]

Property Real Estate and Environment

Real estate summit set attract resource persons from Nigeria, Ghana, S’Africa, others

Ihesiulo Grace 15 September 2017 0

Leading real estate firms from Nigeria, Ghana, South Africa and the United Arab Emirate are among the over 400 operators in the sector that are expected at the 2017 Nigeria Real Summit Expo, holding in Lagos, beginning from September 19. According to the head of the Summit’s Organising Committee, Mr. Steve Ike, the event would […]

Property Real Estate and Environment

Stakeholders decry move to impose monthly rent on Nigerians

Ihesiulo Grace 15 September 2017 0

Stakeholders in the real estate sector have picked holes in the decision of the National Council on Lands, Housing and Urban Development (NCLHUD) to impose monthly rent payment on Nigerians. Rather, they urged governments at state and federal level to devote more resources to tackling the inherent problems inhibiting housing rather than delving into issues […]

Property Real Estate and Environment

EARB will regulate activities of estate agents- Stakeholders

Ihesiulo Grace 15 September 2017 0

In a bid to regulate the activities of unlicensed people operating as estate agents who go about duping unsuspecting members of the public, experts in the real estate sector have called for the establishment of an Estate Agents Registration Board (EARB). Leading the call at the first edition of 2017 yearly stakeholders’ forum organised by […]

Property Real Estate and Environment

Sterling Bank gets recognition over support for real estate

Ihesiulo Grace 15 September 2017 0

Sterling Bank Plc at the 12th edition of the Abuja Housing Awards held in the Federal Capital Territory (FCT), Abuja, has bagged the Housing Friendly Commercial Bank of the Year Award for its remarkable impact on housing delivery in Nigeria’s housing sector. Receiving the award on behalf of the bank, Sterling Bank’s Non-Interest Banking (NIB) […]

Property

FG begins construction of estates in 33 states

Ihesiulo Grace 8 September 2017 0

…..Plans upward review of mobilization funds In a bid to arrest the housing deficit in Nigeria, The Federal Government has commenced the construction of mass housing projects in 33 states. As a part of commitment to actualise the project, FG plans an upward review of mobilisation funds for contractors up to 50 per cent to […]

Property

Real estate: Stakeholder gives reasons for slow recovery

Ihesiulo Grace 8 September 2017 0

….Says Forex affected sector A primary stakeholder in the real estate sector and President, African Region, International Real Estate Federation (FIABCI), Chudi Ubosi has said that the modest growth recorded in the sector is an indication that stakeholders are beginning to adapt to the realities on the ground. He allayed fears that the modest growth […]

Property

NIA concludes plan for West African ‘Architecture Festival’

Ihesiulo Grace 8 September 2017 0

As part of the event to ensure sustainable architectural practice in the country, the Nigerian Institute of Architects (NIA) has announced plans for its annual West African Architecture Festival (WAAF 2.0). The event, which comes up in Port-Harcourt, Rivers State capital, according to the President, Nigerian Institute of Architects (NIA), Tonye Braide , will bring […]

News Property Real Estate and Environment

Plans Are Being Made To Legalise Monthly Rent Payment

Ihesiulo Grace 4 September 2017 0

Fashola’s argument is that the rent payment of up to a year in advance fuels inflation. He also believes it is unfair to ask a man to pay for a service not yet rendered Soon, your landlord will not be able to demand more than a month’s rent from you. Minister of Power, Works and […]