Real Estate

Lagos-based real estate management company, Rydal Mews Limited has introduced a new initiative that will offer customers opportunity to own quality and affordable houses in the heart of Lekki with pre-payment plans spread across five years.

Fraudsters are exploiting the desperation of prospective homeowners and tenants to have roofs over their heads and secure cheaper accommodation to defraud victims.

Ahead of the yuletide, Aimart Realtors, a fast growing property company with headquarters in Lagos has slashed prices of land in its estates by 20 per cent to enhance homeownership among Nigerians.

Following increasing growth in Nigeria’s low and middle income population, stakeholders have called for the unlocking of the real estate sector to drive national development.

Concerned about existing deficits in the middle-income segment, the immediate past Managing Director, UACN Property Development Company, Mr. Hakeem Ogunniran has unveiled his new firm- Eximia Realty Company Limited, which plans to bridge the housing gap in the country with 5,000 units.

Stakeholders are worried about the poor state of facilities in federal government/state owned housing estates in the country, which are suffering from negligence and lack of maintenance.

A private developer, Mixta Real Estate Plc, has unfolded plans for its joint venture project in Upper Sokponba Road in Ikpoba-Okha Local Government Area, Edo State.

In its efforts at decongesting the city centre , Akwa Ibom state government has planned six new estates.

The stark reality of the harsh economic situation is leading to an upsurge of Nigerians moving to uncompleted buildings in major towns and on the outskirts, leaving some of the homeowners with sad tales. However, the trend is growing spontaneously as housing has remained a major challenge in the cities due shortage of residential accommodation.…

The Head of Sales, Mixta Nigeria, Korede Lawrence-Salu said that Lakowe Lakes Golf and Country Estate has continue to offer the promise of an unrivalled lifestyle of luxurious living and security.   He noted that the estate has proven itself to be more than just a place for living and playing golf, it coexists with…

Residential property price falls in Dubai have been more pronounced than rental rate changes, with values down 4 per cent in the third quarter of 2018, the latest index report shows. Prices for villas fell by 13per cent over the quarter and apartment prices were down by 14per cent, according to the Asteco Dubai real…

As part of efforts to reduce existing housing deficits, Periwinkle Lifestyle Estates is set to launch its multibillion-naira twin high-rise towers located in Lekki, Lagos. According to developer, the estate would cater for the upwardly mobile and high network individuals who desire comfort, luxury and a new lifestyle in a planned/smart neighbourhood with 24-hour security…