The realm of real estate, while promising profitable prospects, regrettably has also evolved into a breeding ground for scams and fraudulent schemes. As a prospective buyer or investor, it is crucial to be vigilant and well-informed about these scams to safeguard your hard-earned money and secure your real estate aspirations. In this article, we will delve into strategies for recognizing…
The administration led by President Bola Tinubu has introduced a series of policies that are having a far-reaching impact on both the people and the economy. Over the past five months, these policies have been attributed to the rising cost of living, diminished national productivity, struggling businesses, substantial job losses, and a resulting increase in poverty and hunger. In the…
Olugbenga Ismail, serving as the Chairman of the Lagos branch of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), placed a significant emphasis on the importance of physical and mental well-being in the real estate profession
As a fulfilment of his promise to think outside the box to find a solution to Nigeria’s humbling housing problem, Ahmed Dangiwa, minister for housing and urban development, has come up with an innovative initiative aimed at boosting housing affordability. The initiative, known as cross-subsidy, is an important policy tool used by governments and urban planners to address housing affordability…
Stakeholders within the construction and housing industry have united in their call for a fresh approach to housing development in Nigeria, one that prioritizes the creation of affordable homes for the nation’s citizens. They argue that the government must adopt innovative strategies to secure funding and attract private sector investments, as the current budgetary allocations are woefully insufficient to address…
In the midst of the third edition of the Real Estate Summit, known as TERRApy 3.0, experts emphatically underscored the paramount importance of trust and integrity in mitigating the growing concerns of fraud and substandard structures within Nigeria’s real estate sector. This significant event, hosted in Lagos and meticulously organized by Terra Developers Ltd, bore the thought-provoking theme “Realtor Odyssey…
Estate surveyors and valuers have received a strong recommendation to make bookkeeping a top priority within the real estate business, in their quest to maximize profits.
The Lagos State Government has reiterated its commitment to the fair and equitable enforcement of the law in its ongoing demolition of illegal structures in Lekki Phase II and the surrounding areas
The Minister for Housing and Urban Development, Arc. Ahmed Musa Dangiwa, underscored that real estate development goes beyond mere building construction; it serves as a driving force for economic advancement and social progress. He recognized the potential of the real estate sector in job creation and improving people’s quality of life. At a two-day seminar organized by the Real Estate…
In the world of real estate, buyers often face the choice of purchasing an existing property or investing in something yet to be built. Buying off-plan properties, also known as pre-construction or under-construction properties, offers a unique set of advantages that can be incredibly appealing to savvy investors and homebuyers. In this article, we will explore the many benefits of…
