A property technology platform, Rent Small-Small, says eight of 10 residents in Lagos prefer to pay their house rent on a monthly basis. Its Co-founder/Chief Executive Officer, Mr Tunde Balogun, who made this known in a statement on Tuesday in Lagos, said this was an outcome of a survey conducted in Lagos. The organisation provides Read More…
Real Estate
Residents, traders express shock over demolition of FESTAC Town market
Some Festac Town residents and traders in Lagos State on Tuesday expressed shock and anger over the demolition of the Oyinlola Market popularly called ”23 Road Market” by government. They said the demolition showed the state government’s “insensitivity” to the plights of the people, especially as the Coronavirus (COVID-19) had brought untold hardship to them. Read More…
Investment in real estate ‘ll reduce unemployment – Lagos Govt
Mrs Toke Benson-Awoyinka, the Special Adviser to Gov. Babajide Sanwo-Olu of Lagos State on Housing, says investments in real estate sector can guarantee mass employment for Nigerians and enhance economic growth. Benson-Awoyinka said on Monday in a statement that the Lagos State Real Estate Regulatory Authority (LASRERA) had not relented in its efforts to unearth various opportunities Read More…
Lagos Govt partners REDAN on housing
The Lagos State Government on Sunday said that it was ready to collaborate with the Real Estate Developers Association of Nigeria (REDAN), being a critical stakeholder in the development of the state. The Lagos State Commissioner for Physical Planning and Urban Development, Dr Idris Salako, made the assertion at the 2020 Maiden Edition of REDAN Read More…
Trump given permission to build another golf course in Scotland
US President Donald Trump has been given permission to build another golf course in Scotland, after authorities there decided in his favour on Sunday in spite of local opposition. The new 18-hole course is to be named after Trump’s mother, Mary Anne MacLeod, who hailed from a Scottish island. It is to be built on Read More…
Lagos committed to mass housing delivery, to deliver additional 3,004 units
The Lagos State Governor, Mr Babajide Sanwo-Olu, on Monday affirmed his administration’s commitment to affordable mass housing delivery through models that incorporate private sector partnership and local contents while creating jobs. Sanwo-Olu represented by his deputy, Dr Obafemi Hamzat during the celebration of the 2020 World Habitat Day with the Theme: ‘Housing for all; a Read More…
LASG to enforce demolition of distressed buildings
PICTURE ABOVE CREDIT: LASEMA Dr Idris Salako, Lagos State Commissioner for Physical Planning and Urban Development, says the state government will enforce the law on demolition of distressed buildings. The commissioner made this known during a visit to the site of the two-storey building which collapsed in the early hours of Saturday on Freeman St. Read More…
Lagos seeks NIESV’s cooperation to curb real estate fraud
The Lagos State Government on Wednesday sought the cooperation of the Nigerian Institute of Estate Surveyors and Valuers (NIESV) in tackling fraud and unprofessionalism among real estate practitioners. Mrs Toke Benson-Awoyinka, Special Adviser to the state Gov. Babajide Sanwo-Olu on Housing, made the request during a courtesy visit by the executives of NIESV, Lagos State. Read More…
Two children killed as building collapses in Ogudu
The Lagos State Emergency Management Agency (LASEMA) has confirmed that two children were killed when a building collapsed at 46, Gafari Balogun St., Ogudu in Lagos State, after heavy downpour on Wednesday. Its Director-General, Dr Olufemi Oke-Osanyintolu, told the News of Nigeria (NAN) in Lagos that the LASEMA Response Team (LRT), said that his team Read More…
Lagos intensifies construction sites surveillance
The Lagos State Government on Tuesday warned residents on the activities of extortionists and fraudsters at construction sites, parading themselves as state officials, warning residents to be on the look out. The General Manager of the Lagos State Materials Testing Laboratory (LSMTL), Dr Abiodun Tajudeen, said in a statement in Lagos that the agency had Read More…