Homes & Property

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Estate agency fast becoming twin brother of 419 industry – Belo

Worried by the unwholesome and get-rich -quick syndrome amongst estate agents in the country, a front line Lagos-based estate surveyor and valuer, Mr. Musibau Ayodele Belo said last week that estate gency is fast becoming the twin brother of the 419 industry

UK: Corporation intervenes to protect tower from litigation

The City of London is preparing to use extraordinary planning powers to enable Land Securities and Canary Wharf Group’s 20 Fenchurch Street development to go ahead. The corporation will vote next Wednesday on whether to give the “Walkie-Talkie” immunity from rights-of-light claims that could halt development.

FHA built 37,000 houses in 37 years

The Federal Housing Authority (FHA), the agency set up by te Federal Government 37 years ago, to provide affordable housing to millions of homeless Nigerians, has only built 37,000 housing units in the country

Experts want Pencom to finance housing development

With contributions to the Nigerian contributory pension scheme said to be in excess of N1.7 trillion, built environment experts have called for the review of the National Pension Commission (Pencom) Act to enable Pension Fund Administrators (PFAs) invest part of the funds at their disposal on housing development.

Restore that old furniture

Restoring the finish on your furniture is a great way to enhance the style of your home. Instead of wasting a money on new furniture, you should learn how to restore and refinish the pieces you currently have

Developer targets 12,000 houses in Ibeju-Lekki scheme

After waiting in the wings for the over 14 years to obtain the necessary approvals including the certificate of occupancy (C of O), the promoters of an ambitious housing scheme that would house over 250,000 residents, last week announced their intention to move to site in June.

Governments agree on members for new Green Climate Fund

Parties to the United Nations Framework Convention on Climate Change (UNFCCC) have agreed the selection of the forty members who will be entrusted with the task of designing the Green Climate Fund, the new institution which will manage long-term finance mobilized to enable developing countries to address climate change

POP ceilings can give your home a unique appeal

Many Nigerians are familiar with the beautiful ‘Plaster of Paris’ (P.O.P.) building material used for wall and ceiling finishes in banks and exotic buildings. According to Arc David Adio who teaches in the Department of Architecture, University of Lagos, Akoka P.O.P. is a relatively inexpensive building material used to achieve a perfect finish

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

How to make your home cozy and inviting

A living room is that space in your home where you sit and relax and spend good time with your family and loved ones. A living room therefore, should be comfortable, cozy and inviting both your family and other guests

Forum seeks domestication of water and sanitation policy

The 774 local government areas in Nigeria should domesticate the National Water Supply and Sanitation Policy and create Water, Sanitation and Hygiene (WASH) departments, adequately staff them and provide funds for their operations

Lagos works corporation parleys stakeholders on roads maintenance

The Lagos State Public Works Corporation (LSPWC) last week appealed to Community Development Associations (CDAs), Local Government Councils as well as market men and women to cooperate with the Corporation in its ongoing campaign to stamp out road abuses in the state.

UK property market: Sellers outnumber buyers

More people in the UK are putting their properties on the market but in most cases, with London being the exception, there are not enough buyers, according to the latest report from Rightmove published last week.

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

Governing Council ups UN-Habitat’s budget to $390 million

Rising from the 23rd biennial meeting of governments in the Governing Council of UN-Habitat in Nairobi, the Kenyan capital last week, the 973 delegates from 90 countries, including 563 government representatives, approved the work programme of the agency and increased its budget for the next two years.

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