Real Estate and Construction Archives - Nairametrics https://nairametrics.com/category/industries/real-estate-and-construction/ Destination for Business news and analysis from Africa's largest economy Wed, 12 Jun 2024 06:14:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Real Estate and Construction Archives - Nairametrics https://nairametrics.com/category/industries/real-estate-and-construction/ 32 32 201037849 LASG unveils plan to finance road infrastructure through user charges, tolls  https://nairametrics.com/2024/06/12/lasg-unveils-plan-to-finance-road-infrastructure-through-user-charges-tolls/ https://nairametrics.com/2024/06/12/lasg-unveils-plan-to-finance-road-infrastructure-through-user-charges-tolls/#comments Wed, 12 Jun 2024 06:14:17 +0000 https://nairametrics.com/?p=491113 The Lagos State Government has proposed a new approach to road infrastructure management, where the main traffic-carrying roads in the state will be financed through funds generated from user charges, including tolls, with the help of an autonomous agency that will be established for this purpose. 

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]]> https://nairametrics.com/2024/06/12/lasg-unveils-plan-to-finance-road-infrastructure-through-user-charges-tolls/feed/ 1 491113 LASG announces plans to transform Lagos state from “monocentric” to “polycentric” metropolis  https://nairametrics.com/2024/06/08/lasg-announces-plans-to-transform-lagos-state-from-monocentric-to-polycentric-metropolis/ https://nairametrics.com/2024/06/08/lasg-announces-plans-to-transform-lagos-state-from-monocentric-to-polycentric-metropolis/#respond Sat, 08 Jun 2024 15:38:12 +0000 https://nairametrics.com/?p=490877 The Lagos State Government is looking to transform the present monocentric spatial development pattern in the state, where most activities are concentrated in a single central area, into a polycentric metropolis with multiple hubs for efficient commuting and enhanced urban living.

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]]> https://nairametrics.com/2024/06/08/lasg-announces-plans-to-transform-lagos-state-from-monocentric-to-polycentric-metropolis/feed/ 0 490877 5 things to know before you sign up for a rent-to-own agreement in Lagos https://nairametrics.com/2024/06/08/5-things-to-know-before-you-sign-up-for-a-rent-to-own-agreement-in-lagos/ https://nairametrics.com/2024/06/08/5-things-to-know-before-you-sign-up-for-a-rent-to-own-agreement-in-lagos/#respond Sat, 08 Jun 2024 12:46:28 +0000 https://nairametrics.com/?p=490872 Important factors to consider before signing a rent-to-own agreement

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]]> https://nairametrics.com/2024/06/08/5-things-to-know-before-you-sign-up-for-a-rent-to-own-agreement-in-lagos/feed/ 0 490872 China’s CCECC claims it created 10,000 Nigerian jobs from $823 million Abuja’s Rail Project    https://nairametrics.com/2024/06/07/chinas-ccecc-claims-it-created-10000-nigerian-jobs-from-823-million-abujas-rail-project/ https://nairametrics.com/2024/06/07/chinas-ccecc-claims-it-created-10000-nigerian-jobs-from-823-million-abujas-rail-project/#respond Fri, 07 Jun 2024 06:19:27 +0000 https://nairametrics.com/?p=490793 The China Civil Engineering Construction Company(CCECC) has said it created 10,000 jobs during the construction phase of the Abuja Rail Mass Transit project (Phase 1) valued at $823 million. 

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]]> https://nairametrics.com/2024/06/07/chinas-ccecc-claims-it-created-10000-nigerian-jobs-from-823-million-abujas-rail-project/feed/ 0 490793 Licensed builders blame proliferation of quacks for spate of building collapses https://nairametrics.com/2024/06/06/licensed-builders-blame-proliferation-of-quacks-for-spate-of-building-collapses/ https://nairametrics.com/2024/06/06/licensed-builders-blame-proliferation-of-quacks-for-spate-of-building-collapses/#respond Thu, 06 Jun 2024 08:00:45 +0000 https://nairametrics.com/?p=490724 In Nigeria's building and construction sector, a troubling challenge persists: the widespread proliferation of quacks who engage in construction work without the necessary licenses, certifications, or expertise.

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]]> https://nairametrics.com/2024/06/06/licensed-builders-blame-proliferation-of-quacks-for-spate-of-building-collapses/feed/ 0 490724 8 things you should do to prevent demolition of your property in Nigeria https://nairametrics.com/2024/06/01/8-things-you-should-do-to-prevent-demolition-of-your-property-in-nigeria/ https://nairametrics.com/2024/06/01/8-things-you-should-do-to-prevent-demolition-of-your-property-in-nigeria/#respond Sat, 01 Jun 2024 16:08:00 +0000 https://nairametrics.com/?p=490425 Ensure that your property complies with all relevant building codes, zoning regulations, and property laws.

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]]> https://nairametrics.com/2024/06/01/8-things-you-should-do-to-prevent-demolition-of-your-property-in-nigeria/feed/ 0 490425 Experts proffer cost-saving housing solutions, call Tinubu’s housing policy “flash in the pan” https://nairametrics.com/2024/06/01/experts-proffer-cost-saving-housing-solutions-call-tinubus-housing-policy-flash-in-the-pan/ https://nairametrics.com/2024/06/01/experts-proffer-cost-saving-housing-solutions-call-tinubus-housing-policy-flash-in-the-pan/#respond Sat, 01 Jun 2024 10:27:43 +0000 https://nairametrics.com/?p=490413 While housing development projects are ongoing across the country, there is hardly any arguable pullaway from the housing development pace of previous administrations

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]]> https://nairametrics.com/2024/06/01/experts-proffer-cost-saving-housing-solutions-call-tinubus-housing-policy-flash-in-the-pan/feed/ 0 490413 Construction workers association in Nigeria threaten strike due to layoff of 30,000 workers  https://nairametrics.com/2024/06/01/construction-workers-association-in-nigeria-threaten-strike-due-to-layoff-of-30000-workers/ https://nairametrics.com/2024/06/01/construction-workers-association-in-nigeria-threaten-strike-due-to-layoff-of-30000-workers/#respond Sat, 01 Jun 2024 07:05:16 +0000 https://nairametrics.com/?p=490402 The Construction and Civil Engineering Senior Staff Association (CCESSA) and the National Union of Civil Engineering Construction Furniture and Wood Workers (NUCECFWW) have threatened to halt work on major roads due to an ongoing crisis.

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]]> https://nairametrics.com/2024/06/01/construction-workers-association-in-nigeria-threaten-strike-due-to-layoff-of-30000-workers/feed/ 0 490402 Lagos-Calabar Coastal Highway to benefit over 30 million Nigerians – Tinubu  https://nairametrics.com/2024/05/27/lagos-calabar-coastal-highway-to-benefit-over-30-million-nigerians-tinubu/ https://nairametrics.com/2024/05/27/lagos-calabar-coastal-highway-to-benefit-over-30-million-nigerians-tinubu/#respond Mon, 27 May 2024 05:29:03 +0000 https://nairametrics.com/?p=489961 President Bola Tinubu has said that the Lagos-Calabar Coastal Highway will generate direct employment for millions of Nigerians and benefit over 30 million people across the country.  

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]]> https://nairametrics.com/2024/05/27/lagos-calabar-coastal-highway-to-benefit-over-30-million-nigerians-tinubu/feed/ 0 489961 Legal framework governing land survey plans in Nigeria  https://nairametrics.com/2024/05/25/legal-framework-governing-land-survey-plans-in-nigeria/ https://nairametrics.com/2024/05/25/legal-framework-governing-land-survey-plans-in-nigeria/#respond Sat, 25 May 2024 16:17:36 +0000 https://nairametrics.com/?p=489911 The legal framework governing land survey plans in Nigeria holds immense significance in ensuring the integrity and validity of property rights within the country's diverse land tenure system.

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]]> https://nairametrics.com/2024/05/25/legal-framework-governing-land-survey-plans-in-nigeria/feed/ 0 489911 Over 130% rise in building material costs stall projects nationwide, worsen Nigeria’s housing crisis  https://nairametrics.com/2024/05/25/over-130-rise-in-building-material-costs-stall-projects-nationwide-worsen-nigerias-housing-crisis/ https://nairametrics.com/2024/05/25/over-130-rise-in-building-material-costs-stall-projects-nationwide-worsen-nigerias-housing-crisis/#comments Sat, 25 May 2024 05:40:53 +0000 https://nairametrics.com/?p=489869 The rising cost of building materials has outpaced his income as a civil servant, making it impossible to continue. 

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]]> https://nairametrics.com/2024/05/25/over-130-rise-in-building-material-costs-stall-projects-nationwide-worsen-nigerias-housing-crisis/feed/ 2 489869 Renewed Hope Estate: FG launches construction of 250 housing units in Yobe  https://nairametrics.com/2024/05/24/renewed-hope-estate-fg-launches-construction-of-250-housing-units-in-yobe/ https://nairametrics.com/2024/05/24/renewed-hope-estate-fg-launches-construction-of-250-housing-units-in-yobe/#respond Fri, 24 May 2024 14:31:15 +0000 https://nairametrics.com/?p=489861 The Federal Government has commenced the construction of 250 housing units at the Renewed Hope Estate site in Yobe State as part of the Renewed Hope Cities and Estates initiative.  

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]]> https://nairametrics.com/2024/05/24/renewed-hope-estate-fg-launches-construction-of-250-housing-units-in-yobe/feed/ 0 489861 Landmark Group to invest in other states, African countries after Lagos beach demolition https://nairametrics.com/2024/05/24/landmark-group-to-invest-in-other-states-african-countries-after-lagos-beach-demolition/ https://nairametrics.com/2024/05/24/landmark-group-to-invest-in-other-states-african-countries-after-lagos-beach-demolition/#respond Fri, 24 May 2024 10:12:13 +0000 https://nairametrics.com/?p=489840 The management of Landmark Beach Resort announced that it is pursuing investment opportunities in states other than Lagos and in other West African nations after the demolition of part of its properties in the southwest state.

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]]> https://nairametrics.com/2024/05/24/landmark-group-to-invest-in-other-states-african-countries-after-lagos-beach-demolition/feed/ 0 489840 FG announces commencement of Lagos-Calabar Coastal Highway construction  https://nairametrics.com/2024/05/24/fg-announces-commencement-of-lagos-calabar-coastal-highway-construction/ https://nairametrics.com/2024/05/24/fg-announces-commencement-of-lagos-calabar-coastal-highway-construction/#comments Fri, 24 May 2024 05:34:00 +0000 https://nairametrics.com/?p=489801 The Federal Government has announced the commencement of construction on section three of the Lagos-Calabar coastal highway, starting from Calabar in Cross Rivers State, and section four from Akwa Ibom, pending the completion of the procurement process.  

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]]> https://nairametrics.com/2024/05/24/fg-announces-commencement-of-lagos-calabar-coastal-highway-construction/feed/ 1 489801 Renewed Hope City: FG launches construction of 500 housing units in Kano https://nairametrics.com/2024/05/23/renewed-hope-city-fg-launches-construction-of-500-housing-units-in-kano/ https://nairametrics.com/2024/05/23/renewed-hope-city-fg-launches-construction-of-500-housing-units-in-kano/#respond Thu, 23 May 2024 15:54:10 +0000 https://nairametrics.com/?p=489775 The Federal Government has commenced construction of 500 housing units at the Renewed Hope City site in Kano State.

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]]> https://nairametrics.com/2024/05/23/renewed-hope-city-fg-launches-construction-of-500-housing-units-in-kano/feed/ 0 489775 FG launches Renewed Hope Housing online portal to streamline home sales  https://nairametrics.com/2024/05/23/fg-launches-renewed-hope-housing-online-portal-to-streamline-home-sales/ https://nairametrics.com/2024/05/23/fg-launches-renewed-hope-housing-online-portal-to-streamline-home-sales/#respond Thu, 23 May 2024 07:25:48 +0000 https://nairametrics.com/?p=489700 The Federal Government has launched an online portal to streamline the marketing and sale of houses being built under the Renewed Hope Cities and Estate Programme.  

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]]> https://nairametrics.com/2024/05/23/fg-launches-renewed-hope-housing-online-portal-to-streamline-home-sales/feed/ 0 489700 Renewed Hope Estate: FG launches construction of 250 housing units in Katsina https://nairametrics.com/2024/05/22/renewed-hope-estate-fg-launches-construction-of-250-housing-units-in-katsina/ https://nairametrics.com/2024/05/22/renewed-hope-estate-fg-launches-construction-of-250-housing-units-in-katsina/#respond Wed, 22 May 2024 15:02:42 +0000 https://nairametrics.com/?p=489652 The Federal Government has commenced the construction of the 250-unit Renewed Hope Estate in Katsina State.

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]]> https://nairametrics.com/2024/05/22/renewed-hope-estate-fg-launches-construction-of-250-housing-units-in-katsina/feed/ 0 489652 LASG to begin revalidation process for structures affected by bus corridor project on Friday   https://nairametrics.com/2024/05/22/lasg-to-begin-revalidation-process-for-structures-affected-by-bus-corridor-project-on-friday/ https://nairametrics.com/2024/05/22/lasg-to-begin-revalidation-process-for-structures-affected-by-bus-corridor-project-on-friday/#respond Wed, 22 May 2024 09:28:11 +0000 https://nairametrics.com/?p=489616 The Lagos State Government has announced that it will begin the revalidation and valuation process for structures affected by the planned 8.7-km Quality Bus Corridor (QBC) Project Package 1 on Friday.

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]]> https://nairametrics.com/2024/05/22/lasg-to-begin-revalidation-process-for-structures-affected-by-bus-corridor-project-on-friday/feed/ 0 489616 Nigerian REITs earn N2.16 billion in rents for 2023 https://nairametrics.com/2024/05/21/nigerian-reits-earn-n2-16-billion-in-rents-for-2023/ https://nairametrics.com/2024/05/21/nigerian-reits-earn-n2-16-billion-in-rents-for-2023/#respond Tue, 21 May 2024 13:51:08 +0000 https://nairametrics.com/?p=489549 Nigerian Real Estate Investment Trusts (REITs), including UH REIT, SFS REIT, and UPDC REIT, recorded a rental income of N2.16 billion for 2023. This marks a 12% increase from the N1.93 billion recorded as rental income in 2022.

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]]> https://nairametrics.com/2024/05/21/nigerian-reits-earn-n2-16-billion-in-rents-for-2023/feed/ 0 489549 Ekiti govt disburses N300m cheques to owners of properties marked for demolition over proposed Modern Park, others  https://nairametrics.com/2024/05/20/ekiti-govt-disburses-n300m-cheques-to-owners-of-properties-marked-for-demolition-over-proposed-modern-park-others/ https://nairametrics.com/2024/05/20/ekiti-govt-disburses-n300m-cheques-to-owners-of-properties-marked-for-demolition-over-proposed-modern-park-others/#respond Mon, 20 May 2024 21:07:30 +0000 https://nairametrics.com/?p=489488 The Ekiti State Government of Governor, Biodun Oyebanji, says it has disbursed N300 million to residents whose properties were marked for demolition in Atikankan area of Ado Ekiti metropolis. 

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]]> https://nairametrics.com/2024/05/20/ekiti-govt-disburses-n300m-cheques-to-owners-of-properties-marked-for-demolition-over-proposed-modern-park-others/feed/ 0 489488