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Negotiating Out of Line Rental Increment

Negotiating Out of Line Rental Increment

Not too long ago, we noticed a stunning tweet from a woman revealing an “insupportable rental enhance” by her landlord. Right here, our actual property knowledgeable mentioned methods to navigate your self in conditions with unchecked landlords.  What the Regulation State The Lagos State Tenancy Regulation enacted in August 2011 governs the landlord-tenant relationship. The […]

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Federal Authorities Indicators Grant Agreements to Energy 5 Million Houses in 2021

Federal Authorities Indicators Grant Agreements to Energy 5 Million Houses in 2021

The Rural Electrification Company, underneath the aegis of the federal authorities, has signed grant agreements with two mini-grid builders underneath the Mini-Grid Efficiency-Primarily based Grant (PBG) to impress four communities. This disclosure was made by Ahmad Salihijo, the present Managing Director of the Rural Electrification Company, in a press release issued to the general public by way […]

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LivingTrust Mortgage Financial institution posts N192 million in Q3 2020

LivingTrust Mortgage Financial institution posts N192 million in Q3 2020

As seen on Nairametrics. LivingTrust Mortgage Financial institution has introduced its unaudited third-quarter 2020 monetary outcomes, which confirmed a powerful efficiency, as income went from N120 million in Q3 2019 to N192 million Q3 2020. This info is contained within the LivingTrust Mortgage Financial institution unaudited third-quarter 2020 monetary outcomes. The corporate reported a powerful […]

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Landlords supply incentives to counter “make money working from home” induced emptiness charges

Landlords supply incentives to counter “make money working from home” induced emptiness charges

The antagonistic impact of the COVID-19 pandemic continues to take its toll on all sectors in Nigeria, together with Aviation, Oil & Gasoline, and Leisure amongst others. The Actual Property sector just isn’t ignored, for the reason that modifications made to ‘8pm to 5pm’ white-collar jobs, because of the imposed lockdown as of April, 2020 […]

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Actual Property Builders Specific worry over choice technique of CBN’s N200 billion Housing Fund

Actual Property Builders Specific worry over choice technique of CBN’s N200 billion Housing Fund

Actual Estates Builders have expressed fears concerning the transparency of the choice technique of the Central Financial institution of Nigeria’s N200 billion Housing intervention programme focused at low-income earners. They tasked the apex financial institution to make sure real builders with honest intentions profit from it within the public’s curiosity. This was disclosed by the […]

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LASG Announces E-processing of Building Planning Permit, Approval to Take 1 Month

LASG Announces E-processing of Building Planning Permit, Approval to Take 1 Month

The Lagos State Government revealed it has created an e-planning permit platform, to ease the process of obtaining a planning permit, and improve service delivery. This comes on the heels of the state’s commitment to enforce its physical planning laws to the letter, by ensuring that all physical structures conform to planning regulations. The General […]

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Big players in Paints and Coatings industry suffer 52% profit loss in the first 6 months of 2020

Big players in Paints and Coatings industry suffer 52% profit loss in the first 6 months of 2020

The economic challenges triggered by the COVID-19 pandemic and accompanying issues from foreign exchange illiquidity coupled with the existing structural and regulatory imbalances in the economy constrained the operations of the big players in the paints and coatings industry in the first half of the year. The knock-on effect of the COVID-19 induced lockdown on […]

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FG, Lagos State collaborate to address declining infrastructure in Festac Town

FG, Lagos State collaborate to address declining infrastructure in Festac Town

The Federal Government and Lagos State Government have resolved to collaborate to address the degeneration of infrastructure in Festac Town, a federal housing estate situated in Amuwo-Odofin area of the State. They had promised to address the challenge of excessive property development and lack of facility in the housing estate. This resolution was the outcome of […]

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Lagos State Authorities Directs Business Property House owners to Produce Planning Permits

Lagos State Authorities Directs Business Property House owners to Produce Planning Permits

The Lagos State Authorities has requested house owners of economic buildings in Ogudu GRA to supply their enabling constructing permits. The request follows repeated contraventions of the state’s bodily planning legal guidelines by some recalcitrant people and organizations. Whereas talking on the event, the Lagos State Commissioner for Bodily Planning and City Improvement, Dr Idris […]

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Expertise Extra With PropertyPro.ng

Expertise Extra With PropertyPro.ng

You in all probability have seen our magical wander sparkles on our platform. Properly, let reintroduce ourselves. PropertyPro.ng is the main actual property web-based platform for property leases and gross sales, offering home hunters with one of the best property search expertise by connecting them with professional and verified actual property brokers. Excited about a […]

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Lagos Cancels 2018 Land Use Cost

Lagos Cancels 2018 Land Use Cost

This was disclosed by the Lagos Commissioner for Finance, Dr Rabiu Olowo, on Wednesday. In line with him, the federal government reverted to pre-2018 land use fees. He stated, “The penalties for land use fees for 2017, 2018, and 2019 have additionally been waived, which interprets to a lack of income amounting to N5.6billion. “In 2018, […]

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Lagos to Impose Constructing Insurance coverage on Properties Above 2 Flooring

Lagos to Impose Constructing Insurance coverage on Properties Above 2 Flooring

The Lagos State Authorities has introduced plans to introduce constructing insurance coverage for properties which have greater than two flooring. The State Authorities, via the Ministry of Bodily Planning and City Growth, is holding discussions with stakeholders on the necessity for a easy and profitable implementation of the constructing insurance coverage requirement stipulated for buildings […]

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NEC Approves 300,000 Housing Models For States

NEC Approves 300,000 Housing Models For States

The Nationwide Financial Council (NEC) in a digital assembly presided over by the Vice President, Yemi Osinbajo, on Thursday on the Presidential Villa, accepted the development of 300,000 mass housing items in all of the states of the federation and the Federal Capital Territory (FCT). The challenge, with a mean of ten thousand properties per […]

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Ekiti enters PPP to construct 50,000 Housing Items

Ekiti enters PPP to construct 50,000 Housing Items

The Ekiti state authorities says it has secured a partnership with the United Nations Workplace for Mission Companies (UNOPS) and the Sustainable Housing Options (SHS) Holdings to construct 50,000 homes with renewable vitality throughout the state from 2020 to 2023. In a tweet on Wednesday, the state authorities mentioned the challenge would final for 10 […]

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Lagos State Authorities Reduces Land Use Cost

Lagos State Authorities Reduces Land Use Cost

Yesterday, the Lagos State Government has introduced methods adopted by the state to maintain its funds intact and optimize the income potentials within the face of the devastating impact of the coronavirus pandemic on the economic system. This was disclosed by the Lagos State Commissioner for Finance, Dr. Rabiu Olowo, whereas presenting the scorecard of his ministry on […]

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Sanwo-Olu Lifts New 264 Housing Models

Sanwo-Olu Lifts New 264 Housing Models

The Lagos State Authorities has elevated its housing shares with the commissioning of Courtland Luxurious Villas and Ikate Elegushi Lekki Residences. The Courtland Luxurious Villas and Ikate Elegushi Lekki Residences present a complete of 264 models of flats from one bed room to 4 bedrooms for higher and middle-income earners working round Lekki and Victoria […]

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Lagos State Authorities Warns Builders Towards Highway Chopping and Encroachment

Lagos State Authorities Warns Builders Towards Highway Chopping and Encroachment

Lagos State Authorities has mentioned it is going to sanction property builders and state officers who undermine the state’s planning approvals and encroach on the alignments of the regional street. The Lagos State Governor, Babajide Sanwo-Olu, was reported in a press release as saying this through the inauguration of the development of a regional street […]

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Celeb Homes in Banana Island

Celeb Homes in Banana Island

Banana Island, a synthetic isle close to Lagos in Nigeria, typically referred to as a Billionaires Haven is a spot the place probably the most costly and opulent mansions are located. Banana Island was created to draw consideration to the nation, like well-known islands in a form of the palm tree in UAE. The price […]

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Why you might want to go to Snake Island Lagos

Why you might want to go to Snake Island Lagos

Lagos is a spot surrounded by water. The Islands are majorly concentrated with water. They usually have particular options that make them distinct from different locations. The favored locations referred to on the Island in Lagos are – Victoria Island, Banana Island and Lekki Part 1 and Ikoyi. Thus, many Lagosian may need heard however haven’t […]

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Main Bridges in Lagos State (UDAPTED)

Main Bridges in Lagos State (UDAPTED)

Do you know? The official title for the Third Mainland Bridge is Ibrahim Babangida Bridge. The well-known third Mainland Bridge is situated within the vibrant metropolis of Lagos State, Nigeria. The bridge begins from Oworonshoki which is linked to the Apapa-Oshodi expressway and Lagos-Ibadan expressway and ends at Adeniji Adele Interchange on Lagos Island. It […]

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Lagos State Authorities Orders Constructing Homeowners to Conduct Structural Stability Assessments

Lagos State Authorities Orders Constructing Homeowners to Conduct Structural Stability Assessments

In response to the partial collapse of a 3-storey constructing at Alagomegi-Yaba on Monday, the Lagos State Authorities (LASG) has ordered homeowners of buildings within the state to right away perform structural stability assessments on their properties. That is expedient, given the onset of the wet seasons, and the presence of statistics to indicate that […]

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Uncompleted FG Properties throughout the Nation valued N230 Billionaire

Uncompleted FG Properties throughout the Nation valued N230 Billionaire

Throughout the committee’s inauguration on the Home on Tuesday, The Chairman of the Committee, Ademorin Kuye, Known as out the determine  “The determine is a conservative estimation carried out by the Nigerian Society of Engineers (NSE) on the deserted properties situated in Lagos, Ibadan, Enugu, Port Harcourt, Kano, Kaduna and different cities,” he stated.  He […]

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Fashionable Design For A 3-Bed room Flat

Fashionable Design For A 3-Bed room Flat

House and privateness are normally the putting options of any sort of flat. A contemporary design 3-bedroom home marries house, fashion, and privateness for a budding household, momentary touring executives or associates hanging out for a seashore retreat. A trendy design 3-bedroom flat is normally about 1100 sqft consisting of a lounge, eating space, kitchen […]

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Trendy Design For A 3-Bed room Flat

Trendy Design For A 3-Bed room Flat

Area and privateness are often the placing options of any form of flat. A contemporary design 3-bedroom home marries area, fashion, and privateness for a budding household, non permanent touring executives or buddies hanging out for a seaside retreat. A trendy design 3-bedroom flat is often about 1100 sqft consisting of a lounge, eating space, […]

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Land Use Act in Nigeria – Defined

Land Use Act in Nigeria – Defined

The Land Use Act in Nigeria is likely one of the vital legal guidelines you should perceive both as a land-owner or land-owner to be. Actions of land grabbers, rip-off brokers and the variety of professionals required are a number of the largest challenges in legitimately and efficiently buying a land in Nigeria. Understanding the […]

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Land Use Act in Nigeria – Defined

Land Use Act in Nigeria – Defined

The Land Use Act in Nigeria is likely one of the necessary legal guidelines it’s worthwhile to perceive both as a land-owner or land-owner to be. Actions of land grabbers, rip-off brokers and the variety of professionals required are a number of the largest challenges in legitimately and efficiently buying a land in Nigeria. Understanding […]

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5 Greatest Areas to reside in Ibadan

5 Greatest Areas to reside in Ibadan

Ibadan, Oyo State‘s capital rose to dominance within the early 19th century. After it got here into existence in 1829, Since then, She has develop into one of many finest cities to reside in Nigeria. With a inhabitants of 3-million folks, it’s the most populous metropolis within the state, and the third most populous metropolis […]

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6 Greatest Cities to Stay in Delta State

6 Greatest Cities to Stay in Delta State

Delta state is an oil-rich state positioned within the south-south area of  Nigeria. It’s the state main in renewable power in addition to oil manufacturing with a GDP of $16.75 billion making it the third richest state in Nigeria after Lagos and Rivers state. Delta state is without doubt one of the most developed and […]

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Transferring throughout COVID-19

Transferring throughout COVID-19

Amongst all of the recognizable downturns the true property business is presently experiencing, the Landlord-Tenant relationship is one delicate class. A stay-home coverage has typically restricted earnings and because of this, tenants won’t discover it straightforward to satisfy rental wants. The easy data of the truth that 80% of Landlords in Nigeria demand one or […]

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Prime 10 Most Distinctive Markets in Lagos

Prime 10 Most Distinctive Markets in Lagos

In any society that’s conducive for human habitation, a market could be very essential. There are a number of markets in Lagos, however just some of them are distinctive. Balogun market is thought for wholesale items, Alaba market is well-liked for electronics, Laptop Village is the house of ICT (data and communications know-how) Equipment, and […]

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Prime 10 Enjoyable Spots in Abuja (UPDATED)

Prime 10 Enjoyable Spots in Abuja (UPDATED)

Abuja is Nigeria’s Centre level and capital metropolis. With hundreds of thousands of individuals residing right here ranging from town Centre to the suburbs, all striving to make ends meet, there might be very restricted time for enjoyable. It’s, nevertheless, clever to make the perfect out of it and discover the time for enjoyable. Whether […]

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Rights of a Tenant and Landlord in Nigeria

Rights of a Tenant and Landlord in Nigeria

A lot of dwelling hunters, particularly millennials’ don’t need an residence the place the Landlord additionally resides. This mindset had been driving into minds of many, from listening to tales from associates, colleagues of how horrible and strict sure landlords are usually.   This unusual incident usually boils all the way down to lack of communication […]

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Prime 10 Longest Bridges In Africa (UPDATED)

Prime 10 Longest Bridges In Africa (UPDATED)

What Bridge is the Longest in Africa?  Has it ever crossed your thoughts? Most occasions, in our day-to-day lives, we frequently discover ourselves inside bridges and tunnels. There, if you’re curious simply fairly sufficient, you may need to get acquainted with this information. We’ve compiled the record of the Prime 10 longest bridges in Africa. […]

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Forms of Homes in Nigeria (UPDATED)

Forms of Homes in Nigeria (UPDATED)

In Nigeria, it’s unpopular to see actual property comparable to Igloos, tents, trailers, gingerbread homes or underground houses. Though, it’s rumored that in every state there may be not less than one underground house. Laborious to imagine, since we sit because the poverty capital of Africa. Not like the western international locations, ranches usually are […]

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God Is Good Motors (GIGM): Pricing, On-line reserving, Areas

God Is Good Motors (GIGM): Pricing, On-line reserving, Areas

God is Good Motors is likely one of the hottest transport firms in Nigeria amongst a big selection of lots of them. They’ve earned their repute resulting from their state-of-the-art amenities, automation of processes and technological development. With God is Good motors, individuals have had straightforward on-line reserving processes with out the stress accompanied with […]

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LATEST CASES OF #COVID-19

LATEST CASES OF #COVID-19

The world has been abruptly placed on lockdown, as a result of COVID 19 pandemic. This occasion has shut down Workplaces, Colleges and even non secular gathering in different to grab the unfold of the virus. COVID-19 RECENT UPDATES • Ten (10) new circumstances of #COVID19 have been reported in Nigeria; 7 in Lagos, and […]

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International Out of doors Furnishings Market 2019-2023 | Rising Demand for Atmosphere-Pleasant Out of doors Furnishings to Enhance Progress

The worldwide outside furnishings market is anticipated to put up a CAGR of greater than 5% throughout the interval 2019-2023, in keeping with the most recent market analysis report by Technavio. Request a free pattern report Finish-users within the hospitality trade and different business areas are more and more adopting patio heaters to boost the […]

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Land funding myths debunked

Land funding myths debunked

Land Funding Myths Land funding myths are widespread for inducing stress, nervousness, and confusion. Am I too younger to put money into property? Are property investments protected? What if the costs fall?  Do I would like some huge cash to purchase a land? These are the sort of questions that cloud our minds on the […]

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