Right Size to Right Home.

One of the new buzz words in real estate is "rightsizing". Rightsizing is about finding the right size home for where you are in your life - people are searching for the perfect space for their needs. This concept not only applies to your search for personal space, it's also a concept that is being applied to building and city planning. With an aging population, increasing density...

How Well Do You Know Lagos Real Estate?

Lagos, often referred to as the commercial hub of Nigeria, is a vibrant city with a bustling real estate market. From the high-end properties in Ikoyi and Victoria Island to the more affordable neighborhoods in the mainland, Lagos offers a diverse range of real estate opportunities. But how well do you really know Lagos real estate? Let's explore some key aspects that define this...

Experts explain why mortgage remains elusive, housing shortage persists.

Experts in the mortgage and housing sector of Nigeria’s economy have explained why access to mortgages remains a huge challenge to many home seekers, leading to a persisting housing shortage. According to the experts, the mortgage sector in Nigeria, which is a long-standing pillar for financing home ownership, is struggling under a growing burden of issues that have left many...

LASG ASSURES LAGOSIANS OF QUALITY, AFFORDABLE HOMES

The Lagos State Government, under the leadership of Mr. Babajide Sanwo-Olu, will ensure that all ongoing housing projects are built to the best standard in terms of specification and will be completed during his tenure. The Hon. Moruf Akinderu-Fatai, the Commissioner for Housing reiterated this when he led the technical team of the Ministry on a tour of the ongoing LagosHOMS housing...

5 Pitfalls to Avoid When Playing in the Real Estate Game.

So you’ve seen your umpteenth Ad with the guy in his neatly pressed button-upped white T-Shirt grinning ear to ear waving his rock-solid no-money-down rags-to-riches real estate investment course for 3 easy payments of a gazillion Naira and now you are thinking, "wow this looks like a great deal, I better get it fast before the special offer expires." You notice how there’s...

Nigeria ranks high in Africa’s cost of C-of-O – FIABCI

The President of the International Real Estate Federation, Nigeria, Lagos Chapter, Akin Opatola, has stated that Nigeria ranks high in the cost of a Certificate of Occupancy. He disclosed this during a press briefing on a World Habitat Day roundtable discussion, themed, “Engaging Youth to Create a Better Urban Future”, in Lagos recently. He said, “The issue of housing...

LASG RELEASES Y2024 LAND USE CHARGE BILLS.

The Lagos State Government, through the Ministry of Finance, has announced the release of the Year 2024 Land Use Charge (LUC) Bills to all residents and property owners in the State. Property owners and business entities are encouraged to take advantage of a 15% discount on bills paid within 30 days of receiving the Land Use Charge bill. Payments can be made through banks,...

FG Plans Building Material Manufacturing Hubs In Six Geo- Political Zones In Nigeria

Minister of Housing and Urban Development, Arc Ahmed Musa Dangiwa, has disclosed plan of the ministry to construct building materials manufacturing hubs in six geo- political zones of the country. Dangiwa made the disclosure when he received the Executive Chairman, Zheng Xiaopeng and Vice Chairman, Yiwu China- Africa Business Council, High Chief Mike Yousuf Ugwu, on a courtesy visit...

Real Estate Investment: A Cornerstone of Financial Security and Generational Wealth

As we celebrate Investors Week 2024, it's essential to highlight the significance of real estate investment in building financial security and generating wealth that lasts for generations. Real estate has consistently proven to be a lucrative and stable investment option, offering numerous benefits that can safeguard one's financial future. Why Real Estate Investment? 1....

Why Real Estate May Be the Only Real Mainstay Market.

While you see businesses come to life, peak and fall, you may be thinking if a business of real estate is worth investing in. What if the same thing happens to this business. You wouldn't want to invest in something that won't be substantial. Unlike other businesses, real estate is always a good investment to make, and may be the only real mainstay market. Even though the real...

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