Real estate news in nigeria today
Here are some of the latest real estate news in Nigeria today:
- FG to Launch National Housing Fund: The Federal Government has announced plans to launch a National Housing Fund to provide affordable housing for Nigerians. The fund is expected to be managed by the Federal Ministry of Works and Housing. (Source: Vanguard)
- Lagos State to Develop 10,000 Housing Units: The Lagos State Government has announced plans to develop 10,000 housing units in the state. The project is expected to be completed in the next three years and will provide affordable housing for low-income earners. (Source: Punch)
- Nigerian Real Estate Market to Grow by 10%: A report by the Nigerian Institution of Estate Surveyors and Valuers (NIESV) has predicted that the Nigerian real estate market will grow by 10% in 2023. The report attributed the growth to increasing demand for housing and commercial properties. (Source: ThisDay)
- FCT to Develop 5,000 Housing Units: The Federal Capital Territory (FCT) Administration has announced plans to develop 5,000 housing units in the territory. The project is expected to be completed in the next two years and will provide affordable housing for residents of the FCT. (Source: Daily Trust)
- Real Estate Developers Seek Tax Relief: Real estate developers in Nigeria have called on the government to provide tax relief to the industry. They argued that the industry is facing challenges due to high taxes and other regulatory hurdles. (Source: BusinessDay)
- Lagos State to Develop 20,000 Housing Units: The Lagos State Government has announced plans to develop 20,000 housing units in the state. The project is expected to be completed in the next five years and will provide affordable housing for low-income earners. (Source: The Nation)
- Nigerian Real Estate Market to Attract $10bn Investment: A report by the African Development Bank has predicted that the Nigerian real estate market will attract $10 billion in investment in the next five years. The report attributed the growth to increasing demand for housing and commercial properties. (Source: Leadership)
- FCT to Develop 10,000 Housing Units: The Federal Capital Territory (FCT) Administration has announced plans to develop 10,000 housing units in the territory. The project is expected to be completed in the next three years and will provide affordable housing for residents of the FCT. (Source: Daily Trust)
- Real Estate Investors Seek Government Support: Real estate investors in Nigeria have called on the government to provide support to the industry. They argued that the industry is facing challenges due to high costs of construction materials and other regulatory hurdles. (Source: BusinessDay)
- Lagos State to Develop 15,000 Housing Units: The Lagos State Government has announced plans to develop 15,000 housing units in the state. The project is expected to be completed in the next four years and will provide affordable housing for low-income earners. (Source: The Nation)
These are some of the latest real estate news in Nigeria today. The industry is expected to continue growing in the coming years, driven by increasing demand for housing and commercial properties.