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NewsOct 18, 2011

UPDC Flags Off Abuja Metro City

Efforts to complement government’s mass housing bid may have been boosted as property developers, Messrs UACN Property Development Company (UPDC) Plc have commenced work in its Metro City in the Federal Capital Territory.

K Kanayo 1 min read

NewsOct 18, 2011

Lagos State Approves More Low Cost Housing Schemes

Plans by the Lagos authorities to tackle accommodation shortages and its attendant high cost of rent are in the offing, as the government has proposed the construction of more low cost housing estates in the state. The details of the scheme, which will commence on new schemes at the end of the raining season is still sketchy, but may be a partnership schemes between the state and private developers.

K Kanayo 3 min read

NewsOct 3, 2011

Federal Mortgage Bank of Nigeria Funds El-Salem Estate, Abuja with ₦1.83bn

Federal Mortgage Bank of Nigeria is financing the development of 272 housing units in Abuja to the tune of N1.83bn under the National Housing Fund scheme, which is designed to provide affordable shelter for Nigerian masses. The housing estate called Cooperative City Gardens at Sabon Lugbe, Abuja, is being developed by El-Salem Nigeria Limited, a private estate developer.

K Kanayo 2 min read

NewsOct 3, 2011

Court Shifts Ruling on All Seasons’ Plaza, Ikeja ₦2.6b Mortgage Deal

Wether or not a financial institution, Access Bank Plc will get her request to take over a choice property, popularly known as All Seasons Plaza, located in the heart of Lagos at Lateef Jakande Road, Agidingbi, Ikeja, is a matter a few weeks to come as Lagos High Court has set October 18, 2011, to deliver a ruling on the matter.

K Kanayo 6 min read

NewsOct 3, 2011

Nigerian Institute of Architects (NIA) Plans Construction Expo Centre

The 22nd edition of Archibuilt organized by the Nigerian Institute of Architects (NIA) ended recently in Abuja. During the opening ceremony held at the prestigious Abuja Sheraton Hotels and Towers, the Vice-President, Namadi Sambo who represented President Goodluck Jonathan point out that no meaningful development can take place in the country without the worthy contributions of architects while he pledged government support to any initiatives and activities that will deepen and promote an effective and qualitative building and construction industry in Nigeria especially in the area of affordable mass housing for the generality of Nigerians.

K Kanayo 2 min read

NewsOct 3, 2011

Messrs SC&B Carlton Unveils ₦850m Estate in Surulere, Lagos

Messrs SC&B Carlton, has embarked on a new project in Surulere area of Lagos Mainland Estate. The proposed estate called SC&B Carlton Estate is a 7,529.512 square metres (sqm) landed property is located at highbrow Census Close, off Babs Animashaun Street, Surulere.

K Kanayo 2 min read
UK Investors Pledge Support for Eko Atlantic City Project

NewsSep 19, 2011

UK Investors Pledge Support for Eko Atlantic City Project

With successful completion of the first phase of land reclamation exercise at the ambitious Eko Atlantic City project, the project promoters have continued to woe investors, the latest visitors are a team of British-based financial and professional service experts led by the Mayor of the City of London, Alderman Michael Bear.

K Kanayo 3 min read
UPDC Flags-off Ikeja Grandville Estate

NewsSep 19, 2011

UPDC Flags-off Ikeja Grandville Estate

Efforts by a leading estate developing firm, UACN Property Development Company Plc (UPDC) to further reduce the nation’s housing deficit debacle last week received a boost as the Lagos State Government pledged to give all needed support to estate developers, who set to make right investment.

K Kanayo 2 min read

NewsSep 7, 2011

ALERT: Revocation of Lekki Scheme 1 Plots (Land) - 348 Owners Under Threat!

The Lagos State Government has warned allottees of plots in its Lekki Scheme 1 and 2 as well as Abijo GRA Scheme that if they do not pay up their outstanding Capital Development Levies within 60 days from 7th August 2011, it will withdraw their allocation and revoke the Certificate of Occupancy.

K Kanayo 9 min read