₦airaland Forum

And we attacked it

Then came the troops. The foundation works.

As things solidified, the race was about to begin.

We started getting desired results.

Even more

Blinding progressed well even with the resistance from water.

The land was indeed a trench.

Even more .

More

We used aggregates to stabilize some.part of the land to reduce the potential effects of differential settlement later.

The iron bender also commenced work.

Cost will be updated later.

More materials were supplied for the work to commence.

We got 300 bags of cement as we were able to store in the building beside the plot.

Great neighbors.

We also commenced setting out and blinding works

Then came iron rods and wood.

At the start of the project back in February 2021.

1 ton of TMT iron rods sold for 330k. Now selling for around 390K. Cement was N2850 per bag. Sold for N3400 last Saturday and was reported to be N3800 in some parts last Tuesday

This is why we quote projects per level to avoid unbearable variations in cost due to inflation.

And the best time to start any project is now.

Another supply of 30 tons of granite through someone else. Not on Nairaland.

Plan was not to put all our eggs in one basket to avoid disappointments. Equally good tonnage

Then materials started arriving in different shades and sizes

30 tons of granite through Mr Chekitaut. Great tonnage.

Road filled

More pictures

We successfully filled the road and part of the perimeter of the plot to prevent back flow of water from adjoining plot.

Total filling used 29 trips of 20 tons of filling sand approximate cost of 900k including cost of labourers to fill.
Site clearing was 50K because of the dept of some part of the land.

We had to evacuate the existing owners of the plot .

We also commenced filling the frontal part of the plot which formed part of the road. This is to allow for easy access to the plot during construction.

The project is a twin 4 Bedroom duplex.

Size of land is 484Sqm.

Build area approx 235Sqm

Budget for 6 board raft foundation with perimeter base ==> 6M

Project 1

Site Location: Palm Havens Estate, Adjacent Channels TV, Isheri-Opic.

We commenced clearing of the site and the supply of materials for our raft foundation.

Hello All,

We will be sharing pictures, costs and updates on the making of several budget duplexes.

Duplexes have better rental and fling values and offers the owner greater flexibility than block of flats.

This thread is to encourage potential home owners and to share experiences and learnings as was the case with other great threads by veteran builders on this platform.

Regards

CyberPreNurse:
I have a little task that I want people to help me do. If you can spare less than 10 minutes and do it, I will give you #300 airtime or bank transfer, anyone you want.
wo16
Whatsapp me let's deal.


The tasks is not limited, if you can do it 10 times, that's #3,000 already and I will pay.

Contact me oliveinnltd hart gmail dot come

Snakedoctor1:
Thanks for the advise. My rent is 1.3 million per annum. The property is worth 26m with11m equity. Rest to be paid in 28 years with mortgage finance from mortgage bank. I considered using the 11m to buy a land and start gradually.

You can knock down the principal overtime this will help you pay down the mortgage in good time. People who commit to this always knock off their mortgage in 5-7 years depending on the amount the commit overtime.

For every N1 you put into knocking down the principal you save N3. So ensure that the mortgage offering gives you that option.

The advantage of building at your pace is the ability to build to pace and taste. The most important thing of all is to ensure you get a good deal and don't sell yourself cheap. Ensure that the property is in a location with prospects so that if you change your mind tomorrow you can easily dispose of it.

Go and share this on twitter. People there will raise funds for you. Nairaland people are too broke to assist.

Keep it coming. Learnt something already.