Nigerians in the diaspora are investing in real estate more than ever before. From Lagos to Port Harcourt and Abuja, the property market is booming with demand for land, houses, and estates. But alongside this growth is a rising number of fraudulent transactions, double allocations, and boundary disputes that leave many buyers stranded after paying millions. The truth is simple: without a proper land survey,…
In recent times, Nigeria has witnessed an alarming rise in cases where unsuspecting investors lose millions to fraudulent real estate companies. Many of these companies parade glossy brochures, attractive payment plans, and enticing promises of “instant allocation,” yet behind the scenes, what they are selling is either government-acquired land, family-disputed land, or plots that lack legal survey documentation. As a registered and seasoned surveyor in…
Following our last article, we received an overwhelming number of questions from both individuals and estate developers seeking clarity on land surveying. To address these concerns, we have compiled some of the most frequently asked questions, along with others we know will prove invaluable to anyone looking to invest in land. Consider this your shortcut to avoiding costly mistakes. Whether you’re acquiring a single plot…
Buying land in Lagos is one of the most popular ways people invest in real estate in Nigeria, but it can also be one of the riskiest. From Omonile scams to government acquisitions and fake documents, countless people have lost their life savings because they rushed into land transactions without proper due diligence. Lagos, being Nigeria’s commercial hub, has a high demand for land, and…
Buying land for estate development in Nigeria is exciting, but it can also be risky if you don’t get the surveying part right. Many estate developers focus only on the price of land, location, or the seller’s assurances, yet the truth is this: land surveying is the foundation of every successful estate project. Without the right survey, you might buy land that doesn’t belong to…
The Role of a Survey in Securing Your Land Title Land ownership is a big milestone for anyone. Whether it’s for building a home, starting a business, or simply keeping it as an investment, owning land gives a sense of security and pride. But in Nigeria, land issues can get complicated very quickly. Disputes over boundaries, multiple sales of the same plot, or buying land…
PUNCH NEWSPAPER (JULY 16th) Headline: Tinubu’s Mortgage Plan Will Fail with Current Economic Crisis – Expert The CEO of Pelican Valley Limited, Dr Babatunde Adeyemo in an interview with FATTEH HAMID while enumerating the challenges facing the industry, spoke about the proposed mortgage system that President Bola Tinubu mentioned as part of his campaign promises to Nigeria and why it will fail with the current…
Headline: Developers Seek Presidential Assent to Real Estate Regulatory Bill President Bola Tinubu has been urged by the Real Estate Developers Association of Nigeria (REDAN) to approve the Real Estate (Regulation and Development) bill recently passed by the 9th national assembly. REDAN maintained that the bill if approved will curb fraudulent activities in the business of real estate development and ensure that the sector…
In a bid to close the housing gap in the state, Megamound investment limited in partnership with the Lagos state government through the state’s Building Investment Company (LBIC) launched Greater Lagos County Apartments. Located at Michael Ogun Street, By Ogunlana Drive, Surulere, Lagos. The apartment comes in one, two, and three-bedroom private residences, ranging from 58sqm to 122sqm. Each apartment comes in a peculiar design…
Nedcomoaks Real Estate presents the first solar-powered estate in Nigeria, the Citadel View Estate. This estate is designed to make housing not just affordable but also comfortable through an array of exceptional housing options with amazing features at reasonable prices. With Cutting-edge solar solutions allowing each household to get its power supply while still being connected to the local grid and gas-powered backup generators, Citadel…
