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PROPERTY NEWS
Lagos, evictees in Jubilee Housing Estate controversy
Guardian, 17th Nov 2008
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OWARDS meeting its pledge to provide 20,000 new housing units in the state, the Lagos government has picked nine developers to facilitate the plan. The nine were selected from a list of 25 that indicated interest in partnering with the state government on the scheme...More
NESREA chief tasks surveyors on accurate data, development
Guardian, 24th Nov 2008
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IRECTOR General (DG), National Environmental Standards and Regulations Enforcement Agency (NESREA), Dr. Ngeri Benebo, has charged the Nigerian Institution of Surveyors (NIS) to produce up-to-date data for accurate and effective policing of the environment....More
Sherry View Estate subscribers get title papers
Guardian, 24th Nov 2008
CITY Planners Lagos, developers of Sherry View Estate, located between Ofada and Mowe on the Ogun State border with Lagos, has delivered title documents to the first set of 50 subscribers to the residential scheme...More
Lagos, evictees in Jubilee Housing Estate controversy
Guardian, 17th Nov 2008
ALMOST eight months after occupants of Jubilee Housing Estate, a scheme developed by the Lagos State Ministry of Housing at Odoragunsin area in the old Epe local government area were evicted, controversy has continued to trail the fate of the project....More
Vetra flags-off Crystal Park Estate Phase II
Guardian, 17th Nov 2008
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LAGOS-based real estate development outfit, Messrs. Vetra Ventures Limited (VVL), has commenced the marketing of its "Crystal Park Estate Phase 2" located off the Papalanto Expressway by Lasoju Village, Ofada in Ogun State....More
Lagos, residents in controversy over demolition of 150 Ayobo houses
Guardian, 17th Nov 2008
AN on-going demolition exercise at the Ayobo area of Lagos State has been drawing criticism and emotion among affected communities, notably Ishefun, Oshin and Hassan, all in the old Alimosho Local Government area.....More
Builders seek coherence in implementation of National Building Code
Guardian, 13th Oct 2008
THE Nigerian Institute of Building (NIOB) has urged all professional bodies in the building sector to work in a coordinated manner, if the dream leading to the introduction of National Building Code (NBC) is to be attained....More
Lagos court wades into siblings tussle over prime Ikoyi property
Guardian, 13th Oct 2008
A LAGOS High Court is to intervene in a dispute between siblings over a property left behind by their late mother in the high brow Ikoyi district of the state....More
Dealers Urge Lagos Government To Rescind Decision
Independent, 6th Oct 2008
Sand dealers in the Lagos metropolis have called on the Lagos State Government to relax the ban on sand dredging in the state to forestall a development whereby sand becomes a scarce commodity in the state....More
Sand Dredging Ban Shoots Up Construction, Home Prices
Independent, 6th Oct 2008
The recent ban placed by the Lagos State Government on sand dredging activities has sent ripples through the built environment sector, as construction costs have shot up....More
Firm plans N5bn Abuja Waterparks Island
Punch, 6th Oct 2008
Foremost tourism investor, Waterparks, is planning to turn Abuja, the Federal Capital Territory, into a major tourist centre with a N5bn project that is set to give the city a new image....More
Chevron restates support for biodiversity preservation
Punch, 6th Oct 2008
Chevron Nigeria has restated its respect for biodiversity and care of the environment by funding various projects for the protection of the environment....More
Grant Properties, banks, partner for N7b Victory Park, Havilah homes
Guardian, 22 September 2008
WITH an anticipated budget put at N3 billion and the appointment of building contractors, construction work is billed to commence soon on the 240 units second phase Victory Park Estate, Lekki in Lagos and its newer counterpart the Havilah Villas residential scheme at Ibafo-Mowe, Ogun State, both being promoted by Grant Properties Limited....More
Builders, developers to halt building collapse
Punch, 22 September 2008
The Nigerian Institute of Building, Lagos State Chapter and the Association of Real Estate Developers of Lagos State have resolved to work together to stem the spate of building collapse in the state....More
Govt picks firms for estate development in five states
Guardian, 22 September 2008
THE Federal Government last week picked six contractors to deliver residential units under its rejuvenated public-private sector housing partnership scheme in five states. Key officials of the Federal Ministry of Environment, Housing and Urban Development in Abuja signed a Memorandum of Understanding (MOU) and development lease agreement for the scheme with the private sector real estate developers and investors....More
Lagos to set up building control enforcement agency
Tribune, 18 September 2008
Plans by Lagos State government to make planning and building control a priority in the state might
have reached an advanced stage, as the technical committee set up by the governor to work out the modalities have come up with some far reaching recommendations which might not be difficult for the government to approve....More
NESREA wants environmental regulations codified
Guardian, 15 September 2008
TOWARDS beefing up efforts to contain growing incidents of environmental pollution, the Director General of the National Environmental Standards and Regulations Enforcement Agency (NESREA), Dr. Ngeri Benebo has called for a single codified document that will harmonise processes and rules to be complied with by operators in the sector......More
Chartered surveyors announce RCIS 2008 finalists awards
Guardian, 15 September 2008
THE Royal Institution of Chartered Surveyors (RICS) has announced short listed projects through to the RICS Awards 2008 grand final. The grand final ceremony, to be hosted by Grand Designs' Kevin McCloud, will be held at the Millennium Mayfair on October 17, 2008....More
Union Homes Assures Investors On Real Estate Offer
Independent, 15 September 2008
Managing Director/Chief Executive of Union Homes Savings and Loans Plc, Mr. E. Austine Aikhorin, has assured the investing public of greater benefits accruable from buying the ongoing Union Homes REIT (Real Estate Investment Trust) offer....More
Building Code, Stratified Plans Underway As Lagos Overhauls Development Machinery
Independent, 15 September 2008
Determined to address the twin headaches of haphazard development on the one hand and the menace of building collapse on the other, the Lagos State government may be considering a wide range of innovative measures to turn things around.....More
NIESV elders sue for cooperation
PUNCH Newspaper, 08 September 2008
The era of bickering over election results and sundry issues among members of the Nigerian Institution of Estate Surveyors and Valuers may soon be over as some elders of the group have formed a forum to unite everybody. The forum is mainly made up of past presidents of the association......More
Stakeholders review proposed Lagos building regulations
Guardian, 08 September 2008
AHEAD of its presentation to the state House of Assembly to pass it into law, stakeholders met last week at Alausa, Lagos government secretariat, to examine the Draft Report on "Lagos State Government Policy Reform for Planning Regulation and Building Control 2008."...More
Developer launches Mowe's Palms Garden Estate
Guardian, 08 September 2008
TLAGOS-BASED real estate development company, Messrs Propertymart Limited, has commenced a residential scheme within Mowe-Ibafo corridor in Ogun State...More
FG to institute cost control measures in road contracts
PUNCH Newspaper, 08 September 2008
If words are matched by action, the era of unbridled corruption and waste in road construction and management will soon be over following commitments by the executive and legislative arms of government to work with the appropriate professional groups to institute cost control measures in the construction process....More
NESREA gets panel to review pollution laws
Guardian, 08 September 2008
To reposition and strengthen the regulatory mandate of the National Environmental Standards and Regulations Enforcement Agency (NESREA), a team of experts have been constituted to critique the draft document on the National Environmental Pollution Regulation.....More
Wemabod Estates, foreign firm sign $300 million agreement
Tribune Newspaper, 08 September 2008
Wemabod Estates, last Thursday, in Lagos, commenced the march towards the realisation of its goal to re-engineering the organisation to adding value to their property holdings, when they signed an agreement with a foreign firm, PRI-Project Development LLC.
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Lagos Housing Fair to address safety issues
By Akinpelu Dada Published: Monday, 7 Apr 2008
Stakeholders in the nation’s building construction industry will attempt a rescue package for the troubled sector when they gather at the eight Lagos Housing Fair coming up from April 28 to May 3, 200b.
..More
Don seeks academia, industry synergy on research
By Akinpelu Dada Published: Monday, 7 Apr 2008
AA strong collaboration between the academia and the construction industry in the area of research has been canvassed.
..More
WEMABOD plans N3b Gateway estate, redesigns Banuso House
Guardian Newspaper, 7th April 2008
FRONTLINE property development and management firm, Wemabod Estates Limited, a subsidiary of Odua Investment Company Limited, has disclosed plans to commence the development of a 300 housing units for low and medium income earners along the Ogun State corridor.
..More
Bank PHB unveils re-mortgage scheme
Guardian Newspaper, 29 October 2007
LANDLORDS with verifiable titles to their property are being offered an opportunity to convert part of their fixed assets to liquid cash to meet their financial needs by Bank PHB, which has introduced a re-mortgage finance scheme into the Nigerian property market...More
Construction industry sets agenda for incoming government
PUNCH Newspaper, 23 April 2007
THE built environment professionals have asked the incoming federal and state governments to set separate agenda on how to tackle the nation’s infrastructural and housing problems.....More
Lagos wades into Lekki property ownership dispute over C of O duplication
Guardian Newspaper, 23 April 2007
FOLLOWING complaints by parties who claimed the government issued Certificate of Occupancy (C of 0) for the same landed property to them, the Lagos authorities may soon commence a probe on the matter to unravel the mystery surrounding the alleged duplication of the title document.....More
LASG set to rehabilitate collapsed building survivors
PUNCH Newspaper, 23 April 2007
Nine months after a four-storey building collapsed in Ibadan Street, Ebute Meta, Lagos, killing over 20 people, the state government has commenced moves to rehabilitate the survivors as well as people left behind by the deceased....More
Experts Canvass Reduction In Prices Of Building Materials
Daily Independent Newspaper, 20 April 2007
Worried by the rising prices of building materials and its effect on the cost of putting up a structure, experts in the built environment have submitted that there is the need for the Federal Government to intervene if only to stem the tide.....More
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