Cost of property increased by £3,798 compared with December, despite January usually being month when asking prices fall. The average asking price for a property on the market this month is £273,275, 8.2 per cent higher than last year. The housing market is showing signs of a “new year bounce” in activity, with new sellers increasing asking prices by an average of nearly £4,000 in January, property search website Rightmove has reported.

By Kingsley Adegboye The residents of Abule Oki and eight other adjoining communities in Agbado-Oke-Odo Local Council Development Area of Lagos state have appealed to the state government to complete the dredging and concrete lining of the Aboru canal. According to them, the completion of the concrete lining of the Arigbanla canal has exposed, and […]

The Lagos State Governor, Babatunde Raji Fashola has commissioned the CHOIS City residential estate in Agbowa-Ikosi in Ikosi-Erjirin Local Council Development Area of Lagos state.

Messrs South Energyx Nigeria Limited, developers of the multi-billion naira Eko Atlantic City, Victoria Island, Lagos have noted that infrastructure development in the sprawling city such as roads, drainage, power supply and transportation system is a matter so that there would be connection within the city when the construction of the entire ultra modern city is completed.

By Kingsley Adegboye Cornerstone Real Estate Ltd (COREL), one of the pioneer real estate development firms in Nigeria which commenced business 27 years ago has unfolded plans to complete the phase 2 of its five-acre residential estate located at the Ikeja end of Oregun Road and that the incentives will be open to early subscribers […]

For affordable housing to become a reality in Nigeria, the Federal and State governments should embrace the public private partnership, PPP approach and make conscious efforts to eliminate all impediments to housing delivery in the country.

The Managing Director of Lagos Waste Management Authority, LAWMA, Mr Ola Oresanya has called for collaboration between stakeholders, private investors and the academia to sustain the tempo of waste management in the country.

Professor Timothy Olugbenga Nubi teaches Estate Management at the University of Lagos, Akoka. A former Head, of Estate Management Department in the university, Prof Nubi is also the founder Ideal Habitat, an NGO. Prof Nubi was the lead speaker at a the second National Mandatory Continuing Professional Development Seminar, NMCPD organised by the Nigerian Institution of Estate Surveyors and Valuers, NIESV. In Lagos last month. He spoke to JUDE NJOKU on why PPP is the best approach to projects delivery in present day Nigeria.

The 13.5 kilometre Mile 12 to Ikorodu Bus Rapid Transit, BRT extension project which has reached 90 percent completion, will be delivered before the end of the first quarter of 2015. When completed, the project will have the capacity to move more than 300,000 passengers daily. This was disclosed to newsmen by the Managing Director of the Lagos Metropolitan Transport Authority, LAMATA, Dr. Dayo Mobereola.

Residents of 14, Bodunrin Caulcrick Road, a compound located within the LSDPC Phase I Estate, Ogba, Ikeja, Lagos State, have cried out over what they described as usurpation and encroachment on supportive space meant to ease lives in their portion of the estate.

Trinity Mall located along the ever-busy Awolowo Way in Ikeja, the Lagos State capital, has officially opened for business. The three-storey shopping complex constructed with about N600 million, is the flagship commercial project of OMAIS Investment Limited, a Lagos-based real estate development company. The construction of the mall comprising 40 shop spaces of various types, was formally flagged-off on December 13, 2011.

The Nigeria Civil Service Union (Federal Council) has unveiled plans to build over 600 affordable housing units to address the problem of accommodation faced by workers in the nation’s capital.

The immediate past Chairman of the Lagos State chapter of the Nigerian Institute of Quantity Surveyors, NIQS, Mr. Olayemi Shonubi has attributed the high cost of procuring civil and heavy engineering projects in Nigeria to the non-utilisation of quantity surveyors who by training are equipped to give value for money on all construction projects.

As part of efforts to tackle the challenges confronting the operations of the Lake Chad Basin Commission, LCBC, the Executive Secretary of the Commission, Mr Sanusi Imran Abdullahi, an engineer, has unveiled plans to implement a five-year investment plan, expected to gulp about 91,000,000 Euros.

A Lagos High Court sitting in Igbosere has restrained the Lagos State government from further demolition and dismantling of a property located at plot 49, Martins, street, Lagos by the agents of the Lagos State Building Control Agency, LSBCA.