Property News, Tips And Advice - Nigeria Property Centre - Page 7

Property News, Tips and Advice

Apparently bowing to the unrelenting clamour for the reform of the critical aspects of the nation’s mortgage system, the apex supervisory authority, Central Bank of Nigeria (CBN) may have began a clampdown on Primary Mortgage Banks (PMBs) that ceased to carry mortgage business for which they were licensed.

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A property magazine, Royalty International, created to serve the Real Estate, Building and Construction sector in Nigeria plans to introduce a special section known as ‘Millennium Housing’ segment.

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In a novel move to resuscitate its declining infrastructural fortunes, the Lagos State Government has mooted a scheme that will transform the Epe Marina Waterside faced with increasing squatter settlements.

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LAGOS-based 3Invest Limited has opened nominations for the forthcoming real estate awards billed for September in Lagos.

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One year ago today, we launched Nigeria Property Centre with a vision to make the search for property to let and for sale in Nigeria easy and quick. Within this time we have become one of the best property websites in Nigeria.

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In the Tenancy contract, the Landlord hands over exclusive possession of the property to the Tenant for an agreed period of time, in return for rental payment; at the expiration of the Tenancy period, exclusive possession of the property reverts to the Landlord.

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Today, we’re announcing the launch of our Business Website service for estate agents in Nigeria. This service gives estate agents in Nigeria the ability to own their own websites in just 5 minutes. The websites feature full property listing and search capabilities including the ability to sort property by price, type and date listed.

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Front-line property development and management company, Megamound Investment Limited, has successfully completed Jasmine Court, an exquisite apartment block situated within its Carlton Gate Estate that is located off Chevron Drive in Lekki.

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Worried by the recurring cases of building collapse in the country, the Federal Government says it would begin to confiscate sites where buildings collapse in the Nigeria no matter who owned them.

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As Government plans to ban the importation of cement by the end of March, all fingers seem to be directed at Dangote cement as a clear leader in Nigeria’s Cement business. With its production hitting close to 20 million metric tonnes, about 80% of total local consumption of cement in Nigeria; it becomes glaring that Dangote group will call the shot in the 2012 market.

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