The Land Tenure System is a process of giving property ownership to individuals or groups of people depending on the usage of the land. . Nigeria has a diverse and complex land tenure system and we will speak about it today. . 1. Freehold Tenure System: Individuals who subscribe to the Freehold tenure system pay a predetermined amount for the right to own a plot of land. Upon obtaining it, you can use it as collateral for a loan. The larger the land, the greater the payment. The land is surveyed and closed by signing backup documents. 2. Inheritance Tenure System: In this case, land ownership ..read more

Today, we will be shedding light on 3 real estate terminologies to help you invest: Land Allocation, Corner Piece and land swapping. – Land allocation refers to the process by which parcels of land are designated for specific uses or purposes by government authorities or land management organizations. It involves assigning portions of available land for various activities, such as residential, commercial, industrial, agricultural, recreational, and public use. Land allocation is a crucial aspect of urban and regional planning to ensure efficient land use, sustainable development, and the equit ..read more

Recession or not, you can still build wealth! . Making money in this recession is very possible and these are 3 possible ways to build wealth. . 1. Renting: Recession or not, there will always be housing deficiencies, Acquire and rent out your space or property to build lasting wealth in this recession. If possible, rent out unused spaces or possessions. 2. Budgeting: Cut unnecessary expenses and manage your finances carefully. You will be amazed at the amount of money you can save or build as a result of budgeting and living within your means. Please consider this! . 3. Consulting and Freela ..read more

I know you have always heard that the value of a land increase over time but you may be wondering about how to determine the value of a land as at the time of purchase! Key things to look out for include: . 1. Location: Location plays a significant role in determining land value. Factors like proximity to amenities (schools, hospitals, shopping centers), transportation links, scenic views, and the overall desirability of the neighborhood can affect the land’s value. . 2. Compare Prices: Look for recently sold properties in the same area with similar characteristics to the land you are valuing ..read more

#Didyouknow The Land Acquisition Methods that exist in Nigeria? . Land acquisition or method is the process for individuals, businesses, and government agencies to acquire land in Nigeria. It involves the process of obtaining land for various purposes, including residential, commercial, industrial, urban expansion, and public use. .                     Let’s dive into the land acquisition methods that exist! 1. Negotiated Purchase: In this method, the acquiring authority or interested party directly negotiates with the landowner or landholders ..read more

How social amenities is shaping Epe. In case you miss the memo… EPE is the new #london right here in Lagos Nigeria.With the influx of promising social amenities into EPE, this community is in for rapid development. With the most recent opening of Dangote Refinery, the previously existing Free Trade Zone, and the proposed site for the International Airport and Railway, the EPE community is a viable location to secure landed property in recent times. The presence of these social amenities(accessible roads, learning institutions, and businesses )will significantly increase the need for landed pro ..read more

Steps to take while purchasing an Estate land. Are you considering investing in an estate property/land? If yes, that’s a great idea but let’s quickly run you through some key things to consider before investing in Estate Lands; . 1. Location: Is this property easily accessible? What’s the road network like? Is? Is it located around basic amenities like schools, hospitals, shopping centers, and recreational areas? What’s the neighborhood like?   2. Land size and boundaries: do you know the exact size of the property and its boundaries? Do not leave this to chance at all.   3. Lega ..read more

  How dangote refinery will Impact Ibeju lekki, Lagos Nigeria. Inaugurated on the 22nd of May 2023, The Dangote Refinery is owned by Aliko Dangote, one of Africa’s wealthiest individuals. . The Dangote Refinery is located in the Lekki Free Trade Zone. . With a capacity to process 650,000 barrels of crude oil per day, The refinery aims to meet Nigeria’s domestic demand for refined petroleum products and also export to other African countries and international markets. . The highly commercialize activity of this refinery would significantly affect its immediate environ – Ibeju Lekki. . It ..read more

5 things you need to know about Commercial plots. Securing a landed property could be one of the best decisions you would make this year. . If you are considering purchasing a COMMERCIAL PLOT, here are 5 things you should know! . Commercial plots refer to land or properties that are specifically designated for commercial use. These plots are typically zoned and regulated by local authorities to accommodate various types of businesses, such as retail stores, office buildings, restaurants, hotels, and industrial facilities. . 1. Zoning: Commercial plots are part of the broader zoning regulation ..read more

THE ORIGIN OF LAGOS When Nigeria was governed by tribes, the Northern (Hausa), Western (Yoruba), and Eastern (lgbo) regions were claimed as part of the Yoruba Westem region by virtue of its location and Yoruba origin, with reference to its Benin (Edo) royalty as far back as the late 17th century and the American and Caribbean origins of the descendants of the Ologbowo and the Popo Aguda (Brazilian) returnees of the 1840 course, original Lagosians of the time challenged the Lagos belongs to the West theory and successfully proved the independence of the old Lagos (gede be L’eko wa). This not on ..read more