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Housing: Lagos gives nod to 26 private estate developers

Aware of the challenge posed by housing, the Lagos State Government has pledged to increase the State’s housing stock. To this end, the government has considered proposals from about 100 private developers out of which 26 have been approved by Governor Babatunde Raji Fashola. The Government has also pledged to create an easy mortgage facility to assist prospective home owners achieve their heart desires

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Experts differ over valuation methodology for property insurance

Amidst fears that property prices may hit the roof tops following last month’s commencement of the implementation of the Lagos building control law which made it mandatory for a developer of a three-storey building and above to provide insurance certificate as a pre-requisite for government approval, the insurance methodology to be adopted by the insurance companies

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