Property Real Estate and Environment

NRMC, AMDC partner on housing finance, training

Ihesiulo Grace 10 August 2017 0

In a bid at providing affordable housing to all Nigerians, the Nigeria Mortgage Refinance Company (NMRC) and Alpha Mead Development Company (AMDC), a subsidiary of Alpha Mead Group have signed a Memorandum of Understanding (MoU) to provide housing finance, training, research, advisory and

Real Estate and Environment

Real Estate: Mixta urges firms to be creative, inward-looking

Ihesiulo Grace 29 June 2017 0

The fact that most real estate developers are avoiding affordable housing and property market segment due to its peculiar challenges, has prompted a real estate firm, Mixta Nigeria, to urge stakeholders to look toward the segment with the aim of unlocking the potential therein. This strategy, according to according to Mr. Kola Ashiru-Balogun, who is […]

Real Estate and Environment

What you need to know about mortgage

Ihesiulo Grace 29 June 2017 0

A mortgage is a legal agreement or document through which a bank, building society, among others (creditor) lends money to the buyer of a property (debtor) at interest in exchange for taking title of the debtor’s property, with the condition that the transference of title becomes annulled upon the payment of the debt. It can […]

Property Real Estate and Environment

Reduce Your Rents, Landlords -FG

Ihesiulo Grace 31 May 2017 0

The Federal Government on Tuesday charged property developers to reduce their rents and the value of properties in consideration of the economic hardship across the country. According to the government, the values of properties and rents in other nations of the world are falling as a result of the global economic slowdown being experienced. Speaking […]

Metro Property Real Estate and Environment

Another Two-storey Building Collapses In Lagos

Ihesiulo Grace 21 May 2017 0

A two-storey building collapsed on Saturday at Ebute Meta area of Lagos, Southwest Nigeria. This is coming barely three days in which a 3-storey building collapsed at Ilasamaja area of the state. The building, located at Cole Street, Ebute Meta was under renovation when it collapsed during the heavy downpour of Saturday. A woman was […]

Real Estate and Environment

NIA, NMRC declare support for FISH

Ihesiulo Grace 5 May 2017 0

The Nigerian Institute of Architects, NIA and The Nigerian Mortgage Refinance Company, NMRC have both pledged their support for the Federal Integrated Staff Housing programme (FISH), put in place to address the housing deficit of civil servants in the country. The President, NIA, Tonye Braide promised that the institute would participate in the FISH programme […]

Real Estate and Environment

NIOB wants stakeholders to uphold professionalism

Ihesiulo Grace 14 April 2017 0

Rising from a two-day workshop on Mandatory Continuous Professional Development Programme organized by Nigerian Institute of Building (NIOB), stakeholders in the real estate sector have tasked practitioners to ensure that the quality of service delivered by professionals in the building environment is top-notch. According to a communiqué of the programme titled: “Site

Real Estate and Environment

Buying vs Building: Advantages of buying a house

Ihesiulo Grace 14 April 2017 0

The thought of buying a land and erecting your own building to your own taste sounds appealing, but, looking at the process involved, isn’t buying an entire house anew without going through all the preambles better? Here are some of the reasons why experts believe that buying offers better alternatives than building. A freshly bought […]

Real Estate and Environment

Stakeholder warns on threat of online real estate platforms

Ihesiulo Grace 14 April 2017 0

With the influx of credible real estate online platforms like Jumia House, Property.ng, Tolet.ng, Private Property and a host of others, a stakeholder in the industry, Chudi Ubosi, has warned that technology is a “big threat” and a “real cause for concern” with property agents in Nigeria as fraudsters may take advantage of unsuspecting members […]

Business Real Estate and Environment

Real Estate Tips

Ihesiulo Grace 23 January 2017 0

(Continued from last week) Having paid your government fee, site inspection can now be carried out. It is after site inspection, all documents such as tax clearance certificate, title document, receipt of tenement rate paid to the government in respect of rate-able properties owned by the applicant in Lagos State or sworn affidavit in lieu […]

News Real Estate and Environment

Recession: Vacant apartments litter upscale Lagos

Ihesiulo Grace 23 January 2017 0

Investigations by Daily Times reveal an increasing glut of vacant apartments in upscale areas like Ikoyi, Lekki, Omole Phase 1 and 2, and other high brow areas. This is even as the Financial Derivatives Company Limited recently stated that “the number of vacant properties in the upper class real estate neighborhoods of Lekki, Victoria Island […]

News Real Estate and Environment

Housing Deficit: Stakeholders laud FG over N141b sector allocation

Ihesiulo Grace 23 January 2017 0

Stakeholders in the real estate sector have expressed their satisfaction over the allocation of N141bn to the sector in the 2017 budget saying, it will help in bridging the country’s housing deficit if properly administered. The Second Vice President, Nigerian Institute of Building (NIOB), Mr. Kunle Awobodu, described the 2017 budget as ‘massive and impressive,’ […]

News Real Estate and Environment

REAL ESTATE TIPS

Ihesiulo Grace 16 January 2017 0

How to get Building Plan Approval In Lagos Processing a building plan approval is one of the most intricate aspects of erecting a structure. Every idea starts with the gift of imagination! However, it has been proven that even the shortest pencil is better than the longest memory. Imagination needs to be captured otherwise it […]

News Real Estate and Environment

Expert predicts bleak outlook for real estate sector in 2017

Ihesiulo Grace 16 January 2017 0

A real estate surveyor and valuer, Mr. Adediran Adetunji, has posited that the real estate outlook for the year 2017 is not as vibrant and buoyant as it is being made to look in some quarters while urging government to introduce and implement the right policies. “It will be truly magical for real estate to […]

News Real Estate and Environment

Stakeholders chart course for real estate sector

Ihesiulo Grace 16 January 2017 0

Stakeholders in the real estate sector have charted a developmental course for government to follow if the needed growth in the sector is to be achieved in 2017 while positing that if the sector is to successfully address Nigeria’s over 17 million housing deficits there should be policy driven incentives for private developers in order […]

Real Estate and Environment

Brexit’s looming contagion: What do we do? (1)

Ihesiulo Grace 1 July 2016 0

 ‘With very little control over external affairs, African policymakers need to continue diversifying their economies, implementing structural reforms and presenting compelling growth opportunities for investment, whilst articulating clear and consistent policies.’ The signs of possible negative effect of the historic referendum are there. Comments by leading erudite elites

Real Estate and Environment

Buildings’ Foundations and Earth-Tilt: Experts Nervy over Impact

Ihesiulo Grace 15 May 2015 0

Recently, scientists and Earth-watchers have alerted the human society about the Earth’s new trends of inclination; otherwise known as Earth-Tilt. There are incontestable proofs showing that the Earth, our Planet and present abode in the universe formerly inclined facing the Eastern direction of the Universe at 661/20 at its geomagnetic inclination or the eliptics, is […]