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The Current State Of The Property Market In Nigeria - Properties - Nairaland

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The Current State Of The Property Market In Nigeria by Propertysearch: 3:42pm On Jan 31, 2013
There have been news that recently, a lot of money has been invested in the property market in Nigeria. Even some rumours have it that the south African based retail outlet 'shoprite' has made plans for serious expansion. This calls for major attention because is means the various developers and investors are seeing something everybody else is not.

As at last year, the property market experienced a major setback that resulted in a back-log of unsold properties. Against the advice of many analysts, these estate developers are pumping huge sums of money into the property market. Does this mean there is the possibility of a better development in the housing sector?

For more details on Nigerian real estate and available properties, visit www.propertysearch.com.ng

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