Private Property In Nigeria - News & More - Nigeria Property Centre

Posts with tag "private property in nigeria"

All abandoned properties within the landmass of Lagos State may be taken over by the state government, a step to forestall security threats milling round the metropolis, officials in the Ministry of Physical Planning and Urban Development have hinted.

The officials said the decision was arrived at to ensure that miscreants and criminals do not have the opportunity of converting such properties into hidden places.

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As part of an overall audit of lands and houses in its estates nationwide, the Federal Housing Authority is embarking on verification lands and housing units in its estates in the Federal Capital Territory (FCT).

To this end, those who may lay claim to the under listed plots of land and housing units in G Warinpa II, Kado and Lugbe Estates are hereby requested to come forward with the following documents as proof of ownership:

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The Lagos State governor, Babatunde Raji Fashola SAN, seems intent on complicating the (even at best of times) fractious relationship between landlords and tenants in the state. After signing into law the Tenancy Law which restricts the payment or rent to one year in advance, proposing that landlords may be asked to account for the criminal activities of their tenant, he has now told tenants to deduct withholding tax from the rents they pay their landlords. Speaking at the 5th Lagos State Taxation Stakeholders Conference last month, the Governor said “Everybody who pays rents for example, is collecting agents for withholding tax. And it is five per cent.

Everybody who pays money to a doctor, lawyer for the services they rendered to him, is our collecting agent for that withholding tax. And we expect that they fairly collect, issue receipt and account for them” the Governor told the conference that his Government will be very aggressive in the collection of withholding tax as from January 2012.

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As agitations continue to swell over the Federal Government’s policy that effected removal of petrol subsidy, the implications on the real estate and construction industry are coming to the front burner with professionals within that sector saying that the policy will further nosedive construction activities and invariably provision of affordable housing for all in the polity.

Signs that the policy was coming showed towards the end of last year, as many filling stations were not readily selling the PMS. And as anticipated, on New Year Day, the deregulation took off.

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One of the Nigeria’s emerging property developers and lifestyle home designers, Messrs Haven Homes, a subsidiary of Haven +Global Resources Limited, plans to showcase its property designs at its new office in Lekki Phase 1, Lagos next month.

The company specializes in creating homes that model after the rich, luxurious and western aristocratic homes and provides customers with ultra luxurious homes that offer unique and individual layouts, abundant natural light, mezzanine levels, galleries, bridges, atriums and roof terraces.

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Here's a quick side by side comparison of the features Nigeria Property Centre offers property seekers in Nigeria against those offered by Google Trader Housing.

Features

Advanced property search by location, category, type, price and no. of bedrooms.
Property search result sorting by listed date, price, category and type.
Email alerts when new properties become available.
Detailed property details pages with property pictures, maps, and full agent contact information.
Quick agent contact for property using pre-typed contact message which makes the search experience friendly.
List of estate agents in Nigeria.
Structured property request.
Optimized for mobile phones (Blackberry, Nokia, iPhone, Android, etc).

Start searching for property in Nigeria for sale and for rent on Nigeria Property Centre.

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Here's a quick side by side comparison of the features Nigeria Property Centre offers property seekers in Nigeria against those offered by Nairaland Properties.

Features

Advanced property search by location, category, type, price and no. of bedrooms.
Property search result sorting by listed date, price, category and type.
Email alerts when new properties become available.
Detailed property details pages with property pictures, maps, and full agent contact information.
Quick agent contact for property using pre-typed contact message which makes the search experience friendly.
List of estate agents in Nigeria.
Structured property request.
Discussions on property pages.
Optimized for mobile phones (Blackberry, Nokia, iPhone, Android, etc).

Start searching for property in Nigeria for sale and for rent on Nigeria Property Centre.

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As a foreigner living in Nigeria or a potential buyer wishing to build a new house, you will often find things are not done quite the way you are used to, and buying land is no exception. The first hurdle is understanding the system of land measurements in Nigeria.

In Nigeria, land is measured in Hectares, Acres, Meters and Feet. These measurements are affected by factors which includes but not limited to, economic investment and development patterns, human and environmental factors which could lead to mass migration and artificial scarcity of lands suitable for development.

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The Lagos State Hosue of Assembly enacts as follows:

General Application

1. Application of Law

(1) This Law shall apply to all premises within Lagos State, including business and residential premises unless otherwise specified

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