LAGOS STATE LAND GRABBING NOTICE

ILLEGAL SALE OF GOVERNMENT LAND BY LAND GRABBERS(OMONILE) IN LAGOS

Despite the numerous alarms raised over the years about the activities of Land grabbers/Omonile in Lagos and their many tricks, a lot of investors still fall prey to them. These sets of hoodlums are always in the habit of causing conflict and confusion among investors by selling the same plot of land to multiple investors with different illegal papers. Today, the Omoniles have upped their…

MEGAMOUND KING SMART CITY ESTATE

MEGAMOUND KING SMART CITY ESTATE

Real estate investment is now one of the most lucrative investments with an attractive return on investment around the world today. With Lagos being one of the most sought-after and urbanized cities in Nigeria, the city promises one of the prime opportunities in real estate investment.  However, being in the real estate sector has also made me realize that many people are looking for a…

REAL ESTATE NEWS

DECEMBER REAL ESTATE NEWS SUMMARY

THE GUARDIAN NEWSPAPER, 5TH DECEMBER 2022. Headline: Why Nigerians Can’t Afford Homes Despite N20 Trillion Real Estate Contributions to GDP Concerns have risen over the increasing housing deficit in the country despite the nation’s construction and real estate sector’s contribution of N20 trillion to the Gross Domestic Product (GDP) of the country. Experts have blamed this problem on the skyrocketing level of inflation in the…

SAFETY FOR SURVEYORS

SAFETY TIPS FOR SURVEYORS WHEN ON SITE

It is a known fact that surveyors encounter different kinds of sites daily. Some of these sites are located on dangerous terrains with unfriendly neighborhoods that put the safety of surveyors in danger. In our previous post, we talked about some of the possible risks surveyors may encounter during a bathymetric survey. Experience has also shown that most of the risks surveyors encounter on site…

REAL ESTATE SUMMARY FOR FEB. 2023

PART 2 – ABOUT TO INVEST IN REAL ESTATE? READ THIS FIRST

In our previous article, we highlighted some of the points that every real estate investor should consider before embarking on any real estate investment in Nigeria. This article will expound on other factors that need to be considered when embarking on any real estate investment. ENCUMBRANCES Have you heard the saying that people use their money to buy problems for themselves? That is exactly what…

ABOUT TO INVEST IN REAL ESTATE IN LAGOS

PART 1- ABOUT TO INVEST IN REAL ESTATE? READ THIS FIRST

PART 1- ABOUT TO INVEST IN REAL ESTATE? READ THIS FIRST We hear about opportunities springing up here and there, especially around Epe, and the Ibeju-Lekki axis, and we all want to invest and get a piece of Lagos, but very few people stop to ask themselves some very important questions before investing.  Agreed, the real estate industry is one of the most lucrative and…

MISCONCEPTIONS ABOUT SURVEY PLAN

SOME COMMON MISCONCEPTIONS ABOUT SURVEY PLAN

As experienced and registered land surveyors, we keep emphasizing the need to get your property surveyed with registered surveyors. Having your property surveyed is one of the surest ways of securing that property and saving yourself a lot of trouble and headache. During our work over the years, we have found that there are some misconceptions or myths that a lot of people have about…

Surveyors in Land Dispute

THE PLACE OF SURVEYORS IN A LAND DISPUTE

 Land titles in Nigeria are said to confer ownership and protect the rights of the owners of a property. With the title, one is not expected to have issues of a dispute over that property. However, disputes still arise – especially in Lagos. A closer observation of the root cause of some of these disputes indicates that while the actual land title may be firmly…

House hunting in Lagos

HOUSE-HUNTING IN LAGOS AND AGENTS WAHALA

People refer to Lagos as the ‘Stress City’ , a city where you have to brace yourself for the stress ahead, and when they talk about this stress they mostly refer to Lagos unavoidable traffic every morning and evening. If you ask me, I would say that the stress of house-hunting in Lagos far supersedes that of Lagos traffic because, with traffic, you sometimes know…

JUNE – REAL ESTATE NEWS SUMMARY

TRIBUNE NEWSPAPER (1ST JUNE 2022) Headline: Nigerians Urged to Invest in UK Real Estate as Insurance Against Global Inflation  A United Kingdom (UK) property investment firm, Baron and Cabot, advised Nigerians to invest in UK real estate as it is a safe investment plan right now in the face of global inflation and guarantees higher returns against inflation. Mark Pearson the firm’s managing director, made…