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Property News and Articles

Harsh economy forcing many city dwellers to uncompleted buildings

The stark reality of the harsh economic situation is leading to an upsurge of Ni...

‘Why foreign investors will not commit huge capital to housing’

An international real estate expert, Mr. Bill Endsley has revealed that investor...

Stakeholders task quantity surveyors on global best practices

Stakeholders at a two-day workshop organised by the Nigerian Institute of Quanti...

Ripples over service charge in estates

The controversy dogging the imposition of exorbitant service charges in various ...

Harsh economy forcing many city dwellers to uncompleted buildings

Added on 29th Oct 2018
The stark reality of the harsh economic situation is leading to an upsurge of Nigerians moving to uncompleted buildings in major towns and on the outskirts, leaving some of the homeowners with sad tales. However, the trend is growing spontaneously as housing has remained a major challenge in the cities due shortage of residential accommodation. ... » Full story

‘Lagos allows building a house without development permit’

Added on 29th Oct 2018
A fellow of Nigerian Institute of Town Planners, Mr Adebisi Adedire has told a Lagos High Court, Igbosere that it is permitted to build a house in Lagos State without planning or development permit. Adedire told the court presided over by Justice Lateef Lawal-Akapo that all the builder has to do is to regularise with the state government once er... » Full story

‘Why foreign investors will not commit huge capital to housing’

Added on 29th Oct 2018
An international real estate expert, Mr. Bill Endsley has revealed that investors would not commit huge capital to the housing industry due to risks involved in investment and lack of transparency in transactions. To boost investment in the country, he suggested that the federal government should put in place risk mitigating measures for institu... » Full story

Stakeholders task quantity surveyors on global best practices

Added on 22nd Oct 2018
Stakeholders at a two-day workshop organised by the Nigerian Institute of Quantity Surveyors (NIQS) have urged surveyors to groom their firms to comply with international standards. They stressed the need for services to be client centered, adding that the quality of surveyors service should be evaluated by the client whether it meets expectatio... » Full story

Ripples over service charge in estates

Added on 24th Sep 2018
The controversy dogging the imposition of exorbitant service charges in various estates in the country is set to boil over, with bitter quarrels between the property owners or managers and the occupiers. In rare cases, the trouble has been between residents and associations executives. Service charge is a mandatory payment made by tenants tow... » Full story
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