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Nairaland Forum / Nairaland / General / Properties / Can 10M Naira complete a housing project(land Inclusive)? (33376 Views)
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Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(m): 7:56am On Apr 14, 2023 |
Builders/Architects/Engineers, I need your expert advise. So I have got 10M naira I want to invest in my first building project (Land inclusive) I know it is not feasible in Lagos, so looking at Ondo/Ogun state; Is this feasible within my budget? I am even willing to pay for a comprehensive project plan from an experienced builder. It will be nice to have a detailed breakdown of how to achieve this before I proceed Thanks in advance. 24 Likes 3 Shares |
Re: Can 10M Naira complete a housing project(land Inclusive)? by AsomArchitectNG(m): 8:00am On Apr 14, 2023 |
Well, it'll for a moderately finished 2/3-bedroom bungalow... See our just concluded 3bedroom bungalow construction if you're about starting your building project.. Link in my signature. Plus we offer building designs and construction services nationwide 24 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Edoreborn: 8:04am On Apr 14, 2023 |
Following 3 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Kurry: 8:15am On Apr 14, 2023 |
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Re: Can 10M Naira complete a housing project(land Inclusive)? by dawnomike(m): 8:22am On Apr 14, 2023 |
engrrichie92:Yes it can depending on the land and the house design. 3 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Billionaire2: 11:02am On Apr 14, 2023 |
Something like this👇? Yes 81 Likes 6 Shares
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Re: Can 10M Naira complete a housing project(land Inclusive)? by Brendaniel: 11:02am On Apr 14, 2023 |
It depends on the location and the size of the house, but if you are asking at the cheapest location and smallest size, your answer is yes... 7 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by DropsMic(m): 11:02am On Apr 14, 2023 |
In my village, yes 2 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by ATEAMS: 11:02am On Apr 14, 2023 |
Depends on your locality... |
Re: Can 10M Naira complete a housing project(land Inclusive)? by sslcrypt: 11:03am On Apr 14, 2023 |
Cool |
Re: Can 10M Naira complete a housing project(land Inclusive)? by philiancoop(m): 11:03am On Apr 14, 2023 |
Oya o, we wan hear o |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Thegoodone13(m): 11:03am On Apr 14, 2023 |
Yes. 3 bed room. You can contact me for the job 1 Like |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Flapp478(m): 11:03am On Apr 14, 2023 |
Where una dey see all these money from? Jehovah. Abeg who go send me 5k make I use chop abeg.? Stop giving me "likes". Offer me help instead 78 Likes 3 Shares |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Sucre6: 11:03am On Apr 14, 2023 |
Depending on your location and choice of designed building |
Re: Can 10M Naira complete a housing project(land Inclusive)? by philiancoop(m): 11:03am On Apr 14, 2023 |
Oya o. Builders and QE |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Laple0541(m): 11:03am On Apr 14, 2023 |
Roofing alone could cost more than 10M Anyway it depends on your choice of location and building type. If it's a moderate type for you and your immediate family in a less expensive area, I think it can with even some change left for you. 5 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by greatiyk4u(m): 11:04am On Apr 14, 2023 |
You need to describe what you want as houses varies 3 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by AK481(m): 11:04am On Apr 14, 2023 |
Wahala wahala wahala . |
Re: Can 10M Naira complete a housing project(land Inclusive)? by kowema(f): 11:04am On Apr 14, 2023 |
Over flogged question. No and yes. Depends on size of intended building and location 4 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Funkyswagzz(m): 11:04am On Apr 14, 2023 |
engrrichie92: If you are going for 3 bedroom flat it will give you what you want. Make sure you keep enough money for good tiles, wire and doors. 5 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by mployer(m): 11:04am On Apr 14, 2023 |
Yes Buy land 3m in Ikorodu, use 5m build. Keep your 2m. 28 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by MrHighSea: 11:05am On Apr 14, 2023 |
If land is at most 3m. 7m is much sef for a basic 2bedroom 5 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by GenderMix: 11:05am On Apr 14, 2023 |
engrrichie92: Several factors will determine that namely location, type/scope of building and quality of finishes. If you are referring to a bungalow below is a rough guide (location-ogun state) Size of plot - 36 x 9m ( half plot)-324 sqm Cost of half plot - 600k - 1.5m depending on the are Size of building - 25m x 7m (3 bedroom bungalow- one unit)= 175 sqm Current reality is that 1sqm = 200,000 naira Therefore cost of building= 175 x 200,000 = N35,000,000 (external works inclusive with average material finishing for the building) Add the cost of land -1,500,000 Add contingency- 2,000,000 Total - N 38,500,000 Note that you can reduce the rate to 1sqm = 150,000 but not advisable I hope this helps. Cheers 19 Likes 5 Shares |
Re: Can 10M Naira complete a housing project(land Inclusive)? by timisquare82(m): 11:05am On Apr 14, 2023 |
Yes in my area eleyowo Akure 2 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by lakeside2gud(m): 11:05am On Apr 14, 2023 |
Yes you can . Even if you want a ready made completed building for that amount of budget . You can get it in Abk . Dm or call 08161750489. Realtor Ade . |
Re: Can 10M Naira complete a housing project(land Inclusive)? by able20(m): 11:06am On Apr 14, 2023 |
engrrichie92:Try Kogi State. |
Re: Can 10M Naira complete a housing project(land Inclusive)? by ZACHIE: 11:06am On Apr 14, 2023 |
Hian 10m wouldn't even buy doors. Yet, 4m would finish a house. Specify what you want before asking jamb questions. Specifications are what is needed , sir. 5 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by zmanto(m): 11:07am On Apr 14, 2023 |
Yes, 3 bedroom with a well planning. I'm an architect and I can help you with a plan for free since is just a small project. Kindly reach me. 070 361 88 764 3 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by BrickDevo: 11:07am On Apr 14, 2023 |
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