Can 10M Naira complete a housing project(land Inclusive)? - Properties - Nairaland
Nairaland Forum › Nairaland General › Properties › Can 10M Naira complete a housing project(land Inclusive)? (39875 Views)
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| Can 10M Naira complete a housing project(land Inclusive)? by engrrichie92(op): 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. |
| Re: Can 10M Naira complete a housing project(land Inclusive)? by AsomArchitectNG(m): 8:00am On Apr 14, 2023*. Modified: 11:36am 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 |
| Re: Can 10M Naira complete a housing project(land Inclusive)? by Edoreborn: 8:04am On Apr 14, 2023 |
Following |
| Re: Can 10M Naira complete a housing project(land Inclusive)? by Kurry: 8:15am On Apr 14, 2023*. Modified: 9:42am On Jul 17, 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. |
| Re: Can 10M Naira complete a housing project(land Inclusive)? by Billionaire2: 11:02am On Apr 14, 2023 |
Something like this👇? Yes
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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... |
| Re: Can 10M Naira complete a housing project(land Inclusive)? by DropsMic(m): 11:02am On Apr 14, 2023 |
In my village, yes |
| 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 |
| Re: Can 10M Naira complete a housing project(land Inclusive)? by Flapp478(m): 11:03am On Apr 14, 2023*. Modified: 5:23pm 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 |
| 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. |
| 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 |
| 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 |
| 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. |
| 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. |
| 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 |
| 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 |
| 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 |
| 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. |
| 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 |
| Re: Can 10M Naira complete a housing project(land Inclusive)? by BrickDevo: 11:07am On Apr 14, 2023 |
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