Tired of paying rent weekly, monthly or annually for your home or office? Have you realised that as a bigger boy or girl the time has come to own a property of your own and fast? Do you want to avoid the hassle of buying open land and developing it? Then congratulations! Here’s the low down on how you can ‘step up’ sharply! Decide on your financials: Do you have the cash to buy this house? If you plan to take a loan, where from and how do you intend to repay? You must have a good...

Anybody that has had dealings in the real estate sector in Nigeria, particularly in the urban areas like Lagos and its environs will know the numerous dirt and risks associated with land acquisition and development. Prominent among the hazards that bewitch the process of land acquisition and ownership in Nigeria is the menace of the ‘omo onile’ (as it is popularly called) which literally means ‘sons of the landowners’; the ‘ajagungbale’ (meaning one that ‘fights war to obtain...

The African real estate market is beginning to show signs of recovery and stability. In a fast-moving world, the real estate industry needs to adapt itself taking into account geopolitical, economic, societal and technological challenges. The recent economic downturn has caused the real estate sector in Africa to fall below the projected 2.6 percent regional growth. The Economic indicators show that Nigeria is gradually coming out of recession. However, balancing short-term indicators with...