Tag: Real Estate Nigeria

#PropertyNews : FCT administration threatens property owners with demolition

The Federal Capital Territory (FCT), administration has vowed to prosecute developers raising illegal structures which were distorting the Abuja Master Plan. “The illegal structures built largely on waterways are causing damage to lives and property in the FCT. We won’t accept that” Mr. Suleiman Abdurahmeed, Acting Coordinator and Director of Administration and Finance, Abuja Metropolitan […]

via FCT administration threatens property owners with demolition — Nigeria Real Estate Hub

#PropertyNews : Akwa Ibom to partner FMBN in workers’ low-cost housing

Akwa Ibom State Governor, Mr. Udom Emmanuel, has pledged to work with the management of Federal Mortgage Bank of Nigeria (FMBN), to ensure that low and medium-income workers in the state own houses at retirement. 38 more words

via Akwa Ibom to partner FMBN in workers’ low-cost housing — Nigeria Real Estate Hub

#PropertyNews : Lagos govt cautions against unregistered estate agents, developers

The Lagos State Government on Monday advised residents to patronise only certified and registered estate agents or developers while seeking accommodation or dealing in properties. Mr Wasiu Akewusola, Permanent Secretary, Lagos State Ministry of Housing, gave the advice at Alapere in Ketu, near Lagos, where a fraudulent property developer allegedly duped no fewer than 262…

via Lagos govt cautions against unregistered estate agents, developers — Nigeria Real Estate Hub

#PropertyNews : Investors, developers, opt for crowdfunding to finance real estate

Amid paucity of funds and advances in technology sweeping across most industries on a global scale, operators in the Nigerian real estate sector are adopting the concept of crowdfunding, as an inevitable source of funding project. 37 more words

via Investors, developers, opt for crowdfunding to finance real estate — Nigeria Real Estate Hub

#PropertyConnect : Risks to Avoid When Using Leverage in Real Estate

Leverage is the use of various financial instruments or borrowed capital to purchase and/or increase the potential return of investment—the term is used on both Wall Street and in the Main Street real estate market. 39 more words

via Risks to Avoid When Using Leverage in Real Estate — Nigeria Real Estate Hub

#PropertyConnect International: 6 Missteps to Avoid When Buying a Home

There are plenty of “dos” during the house-hunting process, but don’t forget about the “don’ts.” Some key missteps could cause an offer to fall through, or worse – a deal itself. Avoid these big pitfalls, and you’ll keep the house-hunting process going as smooth as possible. 1. Braving the real estate market on your own. […]

via 6 Missteps to Avoid When Buying a Home — Homesnap

#PropertyConnect International: How The Gig Economy Is Shaping The Commercial Real Estate Sector

As Millennials are now the largest generation in the workforce and the one who embraces gig work at an increased speed, corporations and SMEs alike are also forced to revise their thinking and their plans regarding the locations and types of work space they need. A lot now feel the need to accommodate both full-time […]

via How The Gig Economy Is Shaping The Commercial Real Estate Sector —