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Nairaland Forum / Nairaland / General / Properties / Can 10M Naira complete a housing project(land Inclusive)? (33287 Views)
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Re: Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(m): 11:58am On Apr 14, 2023 |
Flapp478: Drop your account number, I will send you 20K 1 Like |
Re: Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(m): 11:59am On Apr 14, 2023 |
MrHighSea:where? |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Pesbest: 11:59am On Apr 14, 2023 |
40m naira can build 2 storey building of 6 units of 3 bedroom flats with all rooms ensuite.... excluding cost of land in Ogun or ondo state. Make sure you buy materials by your self.....that way you save costs on alot of things |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Basalt(m): 12:00pm On Apr 14, 2023 |
engrrichie92: Firstly, I would like to know the details of the house you plan to build. But I will advise you not to be discouraged by what I am going to type now, based on my personal experience. If you have the plan of building Upstairs, then 10million naira can't even complete the decking level (forget about the quotation the engineer must have given you to attract the contract, he will still call and request for more money along the line. I have spent approximately, 38200 Euros based on my well-kept record (which is equivalent to about #29,796,000) on my duplex but still not yet completed. Price of building materials is very high now due to fuel price. To bring a truck of sand used to be 11000 but now over 30000 for just one truck alone. I don't want to talk about rods, tiles , electricals, POP etc. But just note that 10million CAN'T complete decking level from foundation for a standard upstair (I can bet on it). That is excluding land price o o o. Roofing alone will cost you about 3million or more, depending on the total sqm and the roofing sheet. Foundation alone will cost you 2million or more depending on the type of house. All these things I typed above is from my personal experience. I no add salt or maggi on top. 6 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Stanislause94: 12:01pm On Apr 14, 2023 |
engrrichie92:Lets talk on WhatsApp I have a land in Ogun state for sale. I’m an architect too. I built something similar for my client last year, just a slight difference in your budget |
Re: Can 10M Naira complete a housing project(land Inclusive)? by DealMogul(m): 12:03pm On Apr 14, 2023 |
I know a lot of people have replied YES here but they're wrong. Firstly, no one asked you to clarify what kind of building you have in mind: 1,2 or 3 bed? What use do you plan it for: rental or personal use? Knowing this, I'll say off the bat it depends on the property size. Building materials are the highest right now and what people call basic fittings are actually substandard and don't last |
Re: Can 10M Naira complete a housing project(land Inclusive)? by viyon02: 12:03pm On Apr 14, 2023 |
Yes in area like Badagry, you can get sand free for molding of blocks if you know your ways, you can buy wood tree and get lumberjack for helping you turn it to wood. In fact just call me and all the info. Will be given. |
Re: Can 10M Naira complete a housing project(land Inclusive)? by alizma: 12:04pm On Apr 14, 2023 |
engrrichie92:When you said finished a house, it depends on the size of the house, then the stage of finishing you are talking about. Eg, ruffing level, roofing inclusive, roofing, plumbing and tiles works inclusive or furnitures and electrical fittings inclusive. But whichever one you are referring to, I believe 10m will give you a house(3 bedroom flat downwards) that someone can sleep in. |
Re: Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(m): 12:05pm On Apr 14, 2023 |
zmanto: Thank you Will reach out |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Flapp478(m): 12:05pm On Apr 14, 2023 |
engrrichie92: Jesus! Should I faint first. God pls, can dis be true? Three-Zero-four-six-one-four-four-four-seven-one. FirstBank. God! Pls bless this Man |
Re: Can 10M Naira complete a housing project(land Inclusive)? by arcahmad(m): 12:05pm On Apr 14, 2023 |
Yes its possible. But most factors plays a vital role. Let me advise you on this. I am sure N10m can finish your building if not all, finish all interior work including painting and tiling as well as POP works. You can leave the exterior work in your next budget so you can concentrate to achieve it to your taste, including external works which are interlocks, kerbs and landscaping. 1 Share
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Re: Can 10M Naira complete a housing project(land Inclusive)? by DealMogul(m): 12:06pm On Apr 14, 2023 |
No lies spoken. Even if he's looking at coping a 3-bed bungalow he should have minimum 25m ready in total. 10m is a start but it wouldn't even get to lintel level. Basalt: |
Re: Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(m): 12:06pm On Apr 14, 2023 |
madampresh:Where? And are you a builder? |
Re: Can 10M Naira complete a housing project(land Inclusive)? by luckybliss: 12:06pm On Apr 14, 2023 |
As an Architect I am, Yes you can achieve that and still have some fraction of money balance behind, if only if you used a good and qualified person that knows how to manage cost , e.g if the cost of of land is 2million naira or below, then you can decide to build , three bedroom flat : from foundation to dpc = 600k , from dpc to roof level = 500k, then roof carcassing and roofing sheets plus workmanship, 1.2m, if is (comtemplaty roofing) plastering works = 800k, All finishings works (moderate finishes)= 2.5 million, all plumbing works and fittings installation = 800k, All Electrical works and fittings = 850k, painting works = 700k( depends on the paint quality) Total = 9,050,000 ( nine million fifty thousand naira only) you may also hv more balance if you manage it well 3 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(m): 12:07pm On Apr 14, 2023 |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Flapp478(m): 12:07pm On Apr 14, 2023 |
engrrichie92: I have just quoted u with my bank details sir. Sorry I wrote them in "words" to avoid been banned by moderators. I'm in tears sir, this act is uncommon |
Re: Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(m): 12:08pm On Apr 14, 2023 |
Jorge91: Hmmm Oya now... |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Blackdeewhy(m): 12:08pm On Apr 14, 2023 |
Knowing how things are tough in this UK. Contact: DJC "Dee Johnson Concept" phone number 08035787545 the CEO is a young vibrant guy. TESTED AND TRUSTED 💯 |
Re: Can 10M Naira complete a housing project(land Inclusive)? by ChineduAPC: 12:09pm On Apr 14, 2023 |
mployer: 5m in this dispensation, block 350-400, cement -4600, roofing alone 2million. Oga 10 million could do a three bedroom but not finishing to taste.Forget POP, casement window, paved compound and fencing. Setting out 1000 block is close to 500k |
Re: Can 10M Naira complete a housing project(land Inclusive)? by FireUpNow(m): 12:11pm On Apr 14, 2023 |
OP to be honest I doubt if you can buy land and complet a 3 bedroom bungalow with N10,000,00.00. my advice would be you buy the land start construction and and see where it will take the building to then with God's grace upon you, you will get source for money to complete it. Laying foundation and raising building to roofing level is not the work. The roofing and finishing is the main thing. Don't give up and don't kljust fix your mind on 10m naira budget. |
Re: Can 10M Naira complete a housing project(land Inclusive)? by greatiyk4u(m): 12:11pm On Apr 14, 2023 |
engrrichie92: A guide Commercial building...for rent Residence building....for you and your family This will guide your choice of design and budget |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Agunesinjaweola: 12:15pm On Apr 14, 2023 |
To be honest N10 Million Nigerian Naira won't complete a decent 2-3 bungalow in the current situation but N15 million will be manageable excluding the painting 🖌️ and burglary proof 🧾 Roofing alone is between N3-5 million. Based on recent personal experience though. All the best ! 1 Like |
Re: Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(m): 12:15pm On Apr 14, 2023 |
Jokerman: Not in Nigeria So it will need to be outsourced |
Re: Can 10M Naira complete a housing project(land Inclusive)? by mrbass18: 12:16pm On Apr 14, 2023 |
Well am based in portharcourt am a project manager we satisfy clinets from excavation level to roofing.. distance not a barrier and your question 100% but the location where you bought the land matters engrrichie92: |
Re: Can 10M Naira complete a housing project(land Inclusive)? by oloyedayo(m): 12:16pm On Apr 14, 2023 |
Presently there was an advert for an hostel at Kwara poly student area for a 8 room selfcon at ilorin, which means your budget might be visible In Kwara state. |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Ynix(m): 12:17pm On Apr 14, 2023 |
engrrichie92:Possible for 3-4 Bedroom bungalow but not a duplex. I can help you, chat me up on 08184397113 |
Re: Can 10M Naira complete a housing project(land Inclusive)? by MrHighSea: 12:19pm On Apr 14, 2023 |
engrrichie92:Adjoining[i][/i] areas of capital cities except Lag and ABJ |
Re: Can 10M Naira complete a housing project(land Inclusive)? by famousroland(m): 12:19pm On Apr 14, 2023 |
GenderMix: Na people like una dey make people fear to build house… person tell u say him get 10M, u dey give am 38.5M budget… Bro 10M can get you a 2-3 bedroom flat for the start, then in the future when you have enough money you can go for something of a higher budget… 3 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Lovelife433(m): 12:20pm On Apr 14, 2023 |
Why u use am carry Chelsea straight win against Brighton, and thank me later? |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Oladunjoyejamiu(m): 12:24pm On Apr 14, 2023 |
Yes it will you can come to Ogun state and build hostel with the money because house is very lucrative right now in Ogun state around remo north local Government |
Re: Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(m): 12:27pm On Apr 14, 2023 |
edward2018:Okay I will |
Re: Can 10M Naira complete a housing project(land Inclusive)? by hslbroker2(m): 12:28pm On Apr 14, 2023 |
Depend on area and land |
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