President Tinubu Set to Perform Groundbreaking of Abuja Airport Garden City
In a bid to align with the ‘Renewed Hope’ Agenda championed by President Bola Tinubu, real estate firm First Rotech Group of Companies Ltd has unveiled plans for the groundbreaking of the multi-billion Naira Abuja Airport Garden City. Chairman of First Rotech Group,
HDAN Calls for Synergy Among FCT Departments to End Land Grabbing
The Housing Development Advocacy Network (HDAN) has called for synergy among departments within the Federal Capital Territory Administration (FCTA) to bring an end to land grabbing activities. In a statement released on Thursday in Abuja, the Executive Director of HDAN, Festus Adebayo, emphasized
Hong Kong Abolishes Property Curbs in Bid to Revive Housing Sector, Economy
In efforts to revive Hong Kong’s flagging housing market and broader economy, Financial Secretary Paul Chan announced in the annual budget address on Wednesday, February 28, 2024, that the government will scrap all property cooling measures, including additional stamp duties for foreign and
NeGSt-TAS Technologies and ERCAAN Forge Alliance to Digitize Real Estate Sector
In a landmark move toward modernizing Nigeria’s real estate industry, NeGSt-TAS Technologies Ltd proudly announces a strategic partnership with the Estate Rent & Commission Agents Association of Nigeria (ERCAAN). The collaboration aims to pioneer the digitization of real estate practices, introducing a Digital
Six Dead as Two-Storey Building Collapses at Odu-Igbo Market
A grim scene unfolded at the Odu-Igbo Market in Onitsha, Anambra State, as a two-storey building collapsed, claiming the lives of at least six people. The incident, which occurred on Monday evening, sent shockwaves through the bustling commercial city. The building, still under
Building Collapse Prevention Guild Raises Alarm Over Surging Building Material Prices
The Building Collapse Prevention Guild (BCPG) has sounded the alarm regarding the soaring prices of building materials, warning that it could lead to a surge in substandard construction practices and exacerbate building collapses across the country. Speaking during the BCPG Lagos State chapter
Architects Sound Alarm on Soaring Building Material Costs, Warn of Project Delays
In a recent statement, the Nigerian Institute of Architects (NIA) expressed grave concern over the skyrocketing costs of building materials, citing significant challenges for construction projects and business endeavors across the nation. NIA President, Mobolaji Adeniyi, highlighted the prevailing economic hardship faced by
HDAN Congratulates New REDAN President, Exco, Urges Collaboration for Housing Solutions
Africa’s leading non-governmental housing advocacy organization, Housing Development Advocacy Network (HDAN) has extended congratulations to Akintoye Adeoye, the newly inaugurated president of the Real Estate Developers Association of Nigeria (REDAN), along with the newly elected executive members, on their victory. In a statement
Three-Storey Building Collapses in Lagos Amid Heavy Rainfall
Amidst a heavy downpour on Thursday, a three-storey building located at Ita Faaji Market in the Lagos Island Local Government Area of Lagos State collapsed, sparking panic in the community. According to information gathered by our source, the incident occurred around 9 am,
Tinubu’s Renewed Hope Cities Initiative: Beyond Housing, Toward Comprehensive Development
In a significant move towards addressing Nigeria’s housing deficit, President Bola Ahmed Tinubu has inaugurated the groundbreaking ceremony for the pilot phase of his ambitious housing project named Renewed Hope Cities and Estates Development Programme. The ceremony took place at Karsana, a suburban
