The RSA-Backed mortgage initiative of the Pension Commission allows contributors to use up to 25% of their contribution as equity to purchase a home in any area of their choice. Real Estate Investment decisions in Nigeria largely depend on a variety of factors that may influence the standard of living and current financial pocket. The main reason that guides the decision to purchase a property involves...

It’s often said that ‘Home’ is a place where nothing matters, it’s also often believed that the comfort of the home matters the most. Left to us, we’ll say the home is where you chose and it chose you too.  Needing an escape from the present, past, and sometimes a run from the unpredictable future forces us to crave a place ‘out of this world’ but also...

The term "gated community" simply refers to any type of neighborhood that controls access using one or more gates that residents or visitors can pass through. Some of these communities have guard booths with a security staff to ensure that only residents and their guests pass the gate, while others use an automatic gate that residents must open with a key card or remote control. Gated...

Are you ready to buy your first home? Buying a home is one of the most significant financial decisions one will make in his or her lifetime so it is a decision that a lot of thought and consideration should be put into because making the wrong decision can see you tied to a property you do not take pleasure from for years and years.  It is important to go through each decision...

A great amount of time should go into finding the right house, as it is a long term decision in most cases and as people say it’s all about location. So finding the right place to love is paramount and has an adverse impact on all areas of one’s life. When it’s a nice sunny day outside, we are able to see the full beauty of a house and are liable to make big decisions based on that vision. However,...

The Lagos State Government is desirous of reviewing the Lekki Comprehensive Master Plan. The objective of the review is to measure the implementation performance of the key components of the planning strategy and the Master Plan in relation to the set objectives of providing the necessary infrastructures for the growth and development of the corridor and to make necessary adjustments to the proposal for...

Closing costs are fees that come with your home purchase that are paid at the closing of a real estate transaction. Closing is defined as the moment when the title of the property is transferred from the seller to the buyer. Closing costs can consist of a range of charges. Some of these costs can be to the property, we will be discussing some of these costs as it relates to the Nigerian real estate market...

Lagos, Nigeria is the commercial capital of Nigeria and home to around 20 million people, according to the Lagos State Government estimates. The World Population Review expects it to double by 2050 despite Lagos being only 1,171 km² big. Due to the increased population as well as land being a finite resource, demand is rising more rapidly than supply. As inflation has gone up in Nigeria, rent has...

According to definitions.net “Urban planning is a technical and political process concerned with the control of the use of land and design of the urban environment, including transportation networks, to guide and ensure the orderly development of settlements and communities. It concerns itself with research and analysis, strategic thinking, architecture, urban design, public consultation, policy...

World Environment Day 2022 is the biggest international day for the environment. The event is led by the United Nations Environment Programme (UNEP), and has been held annually since 1974, it has since grown to be the largest global platform for environmental outreach and is celebrated by millions of people across the world. The year 2022 is a historic milestone for the United Nations Environment...