Blog Standard

Worried by Nigeria’s huge housing deficit estimated at 17 million units and more than N59 trillion required to bridge the gap, operators in the industry have called on authorities to create an enabling environment for private operators to thrive. They observed that with a projected population of 263 million by…

The President of the Real Estate Developers Association of Nigeria (REDAN), Rev Ugochukwu Chime has said that poor land administration, especially the high cost and long period of securing titles have continued to pose serious challenges to housing development in the country. He urged the government to provide subsidies for…

Following expectations that the much-needed bailout fund for the revival of the stalled real estate or housing projects is likely to fail without a blueprint, the University of Lagos Centre for Housing and Sustainable Development (CHSD), an urban policy think tank, has proposed a multi-integrated approach to housing provision across…

• Agents adopt online sales method With the economic lockdown in more cities in Nigeria, there are fears among industry watchers that an underground market may emerge for estate agents to promote their properties. The worst hit by economic shutdown due to COVID-1 is home sales. Industry watchers argue that…