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    Lagos govt plans 50 housing units in every LGA

    LagosHoms

    Against the backdrop of the need to create new settlements, towns, boost socio-economic activities in rural areas and reduce rural-urban migration, Lagos state government plans to build 50 housing units in each Local Government Area of the state.

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    A commercial property in Lagos.

    Glut in commercial real estate market an opportunity for investors — Experts

    CLUTTONS, a leading firm of international real estate consultants, has noted that there has been an overall slowdown in activity in Lagos’ commercial real estate market, with rents either stagnating or declining across most segments of the sector. Cluttons’ Spring 2016 Lagos Commercial Property Market Outlook report attributes the weakness to the adverse global and domestic economic environment, which is in turn fuelling challenging trading conditions.

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    Scene of the collapsed building at Lekki , Lagos.

    Lekki building collapse: Residents, homeowners disclaim call for class action

    Against the backdrop of a call by Ms. Funke Aboyade, a Senior Advocate of Nigeria SAN, urging homeowners and residents in all the estates built by Lekki Gardens Homes Limited to file a class action to seek judicial reprieve following the uncertainties surrounding the firm because one of its buildings under construction collapsed in Lekki recently, the residents and homeowners under the aegis of Committee of Lekki Gardens Residents’ and Homeowners’ Associations, have disclaimed the call.

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    Scene of the collapsed building at Lekki , Lagos.

    Lekki Gardens: Many posers begging for answers

    LAGOS, which the state government considers a work in progress mega-city, is not new to buildings collapse having recorded several tragedies in that regard in the past several years. Indeed Lagos was once again in the news over another tragedy following last week Tuesday collapse of a five-storey building in Lekki Gardens in Lekki area at the state that the over 30 lives.

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    Jakande-housing

    Housing deficit exists among all market segments in Nigeria -Grenadines Homes boss

    THE Executive Director, Grenadines Homes, a Lagos-based front line real estate development company,Mr. Adesope Adeyinka, has urged stakeholders in the nation’s real estate sector to see Nigeria’s housing need as cutting across various economic strata, adding that they should not be misguided by the belief in certain quarters that housing need is limited to the middle class.

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    Scenes from the scene of the collapsed building at Kusenla road, Ikate, Elegushi, Lekki, Lagos, yesterday.

    Lekki building collapse: The tragedy could have been avoided — experts

    LAGOS, which the state government considers as a work in progress mega-city, is not new to buildings collapse having recorded several tragedies in that regard in the past few years. Indeed Lagos has once again been in the news since Tuesday following the collapse of a five-storey building in the Lekki area of the state that claimed over 30 lives.

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