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Can 25 Million Naira Build This? - Properties (6) - Nairaland

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Re: Can 25 Million Naira Build This? by lexy2014: 4:39pm On Dec 27, 2023
Safeday:

Leave them

Always quick to churn out advices
Give some of them 5m, and watch them burn the money through their imaginary investment ideas/strategies
the matter tire me
Re: Can 25 Million Naira Build This? by cedricksly: 4:39pm On Dec 27, 2023
DrDoc:



Did i ask you or anyone to give me money ?
keep quite, a business that rakes in 700% gain anually is not sustainable u are a thief and a scammer. A business that rakes in 700% anually has the tendency of loosing everything at once... If I should ask you the kind of business now, you will either mention crypto or forex, lol we know you people...... A high ROI investment is a much risky business..

6 Likes

Re: Can 25 Million Naira Build This? by ijaw1stson: 4:40pm On Dec 27, 2023
DrDoc:



Theb you dont know business. I cam grow 25M and make atleast 200M annually. I am doing this at the moment. Infact been sleeping at the favtory since October and not leaving until November 2024.
please I will like to learn from you and serve you. Help a brother pls
Re: Can 25 Million Naira Build This? by Bolingua1: 4:41pm On Dec 27, 2023
CapitalBank:
I know things are expensive due to economic trajectory of the country.

Can 25M build a contemporary 4 bedroom bungalow in today's economy in Nigeria with standard finishing?

File Photo for illustration
.
I will do it with #20million.
I did this with less than #20million with standard finishing lovely interiors and stamped concrete floors.

1 Like

Re: Can 25 Million Naira Build This? by Earthquakes: 4:41pm On Dec 27, 2023
naijapips04:


The best thing I've read this year. Aside status, owning a house is not a good investment. For a struggling guy, grow the shit out of that 25m. 25m in a good business should give us at least 70m in a year. Rent and grow this. In , 4 years, use the residual income to buy a house. Don't go and dump all your life savings in a house.

People who haven't done anything in business think it's a bed of roses.
Which business on earth will give you 200% profit in 1yr??
What if he loses the money??
Always greener at the other side

3 Likes

Re: Can 25 Million Naira Build This? by Mohisah: 4:43pm On Dec 27, 2023
CapitalBank:
I know things are expensive due to economic trajectory of the country.

Can 25M build a contemporary 4 bedroom bungalow in today's economy in Nigeria with standard finishing?

File Photo for illustration
In a typical village, Yes.
Foundation alone go chop about 4M in d city. You'll pay Engr n supervisor, labourers, bricks, u go buy cement, irons n iron-man, u will pay for wiring u will pay land development agency for their surveys and approval of plan, u go pay for grnd rent etc bfr u know it, money don finish and u nvr complete roofing.

It better u use 65% of d funds to start d project and slowly, u may be injecting small-small funds later . Rushing to build a house may get u broke.
Don't manage materials for a storey project esp when it comes to solid iron arrangement n cement to be enough to run ur casting n plastering
Re: Can 25 Million Naira Build This? by vitality22(m): 4:43pm On Dec 27, 2023
KosiGee:


Pls can you give an estimate of a 5 bedroom duplex all rooms en-suite….from the foundation, roofing, electricity and plumbing all done….Land is already available.
Am seriously interested in this also. Pls can you give an estimate?
Re: Can 25 Million Naira Build This? by gidjah(m): 4:44pm On Dec 27, 2023
I can see you have plenty of idle time out here ? Even the person i qouted had keypad error of spelling 'ICING 'rather than" SLICING MACHINE ",but I wasnt too foward with my oversabi character to go correcting him, I allowed that to slide.People sabi Gramma but Thier Gramma no fit put food on top of Thier table ! PLS SLIDE OFF MY MENTIONS BIKO !
lexy2014:


how can I ignore your grammatical and spelling errors and still get the message clear?

if you wanted me to get "message clear", why didnt you do a good job with your spellings and grammar?

what are the "alot" that keypads can do?

what has what keypads can do or not do got to do with the discussion?

how does that concern me? I thought u said I should not "get involved in what doesn't really concerns" me?

what concerns me and what does not really concern me?
Re: Can 25 Million Naira Build This? by JOMAX: 4:45pm On Dec 27, 2023
CapitalBank:
I know things are expensive due to economic trajectory of the country.

Can 25M build a contemporary 4 bedroom bungalow in today's economy in Nigeria with standard finishing?

File Photo for illustration

Very well my brother. What you see here is a design template. The kind of finishing used will determine if that 25M will be exhausted or remain.

Same house can be built to look like this no matter the soil type provided it is not quick sand or slurry mud which will require piled foundations.

You can do plastering for 1M or 2M for instance, spend on wooden roof trusses or use steel. You can use regular tiles or porcelain or marble etc the list is endless .

On a normal soil, the structure to roofing without plastering, wiring, ceilings etc should not cost above 15 million with the fence then your choice of gate and weather you want stamped concrete or regular interlocks will be another story of finishing.

With 25M yes you can without regrets.

You can contact TENRICH ENGINEERING for the true design to your taste, documentation and building to finishing.

We are doing a 2 storied mini hotel now in Port Harcourt. 08063444372 WhatsApp tenrichconsult@gmail.com
Re: Can 25 Million Naira Build This? by boxypane(m): 4:47pm On Dec 27, 2023
DrDoc:
Unless you have excess, it is better to expand income generating systems. I.e build more businesses than build a house that doesnt generate or create substantial wealth on time
Na them be this... Na you get the money, you know him account balance. He should just be working and not do other important things...
It's ppl like you that hardly invest.
Re: Can 25 Million Naira Build This? by vitality22(m): 4:47pm On Dec 27, 2023
Bolingua1:

.
I will do it with #20million.
I did this with less than #20million with standard finishing lovely interiors and stamped concrete floors.
Can I have your contact? Zero eight zero 3632 eight seven one eight
Lets chat on whatsapp
Re: Can 25 Million Naira Build This? by Goodnewsforlife: 4:49pm On Dec 27, 2023
CapitalBank:
I know things are expensive due to economic trajectory of the country.

Can 25M build a contemporary 4 bedroom bungalow in today's economy in Nigeria with standard finishing?

File Photo for illustration
when u talk about building, there are many factors to consider

*land - where a plot of land is sold for 50 million is different from where it is sold for 2 million.

So the first question is, have d land been sorted out?

* if yes, then what is the terrain?
Topography?
So u need to sand fill to level?


Let me stope here cos that’s what I do for a living n it’s not free
Re: Can 25 Million Naira Build This? by Abefe89: 4:49pm On Dec 27, 2023
It's depends on the project location (soil type and textures), Specifications, level of interior design and cost of land

In Lagos for instance, in some part 25m wouldn't buy land, some part you get land within 10m..... Some part 25m might be exhausted in land reclaimation and raft foundation

But in a well stable land with high soil bearing capacity, says with or without cost of land, 25m would complete 3-4 bedroom apartment with fence, water reticulation, hard and soft landscape within a plot of land; this can only be achieved using alternative average level materials specifications
Re: Can 25 Million Naira Build This? by WantsandMore: 4:51pm On Dec 27, 2023
ivolt:

It is a very bad advice.
You can lose all your #25 on the so-called fast money business.
But the land and house is a solid asset for years to come.
Really? Wow
Re: Can 25 Million Naira Build This? by lexy2014: 4:51pm On Dec 27, 2023
gidjah:
I can see you have plenty of idle time out here ? Even the person i qouted had keypad error of spelling 'ICING 'rather than" SLICING MACHINE ",but I wasnt too foward with my oversabi character to go correcting him, I allowed that to slide.People sabi Gramma but Thier Gramma no fit put food on top of Thier table ! PLS SLIDE OFF MY MENTIONS BIKO !

in this quote, where you being too forward with your oversabi character or were u being too backward?

gidjah:
I need to be scammed oga, bring it ON,se you think say na every one online be your mate wey you can threw thantrums at or are low life illeterates?pls bring your scamming schemes on(if u have any)I can also share my contacts online Incase you are ready,then see what it brings out of you.
Re: Can 25 Million Naira Build This? by Godspeed0: 4:52pm On Dec 27, 2023
gidjah:
hey bro,looks like you are my twin bro ! Been into chips processing for years too I'm FCT.Had to leave over the biz to a poor braggat church member that couldn't handle the biz ,he killed it sir while I was on transfer to another state. Usually use my car to do the supplies round schools and supermkts then. I shall really look more in to this .my jobs moves me round virtually every year from one state to another that's my fear.No brother or inlaw seriously available to manage this as they are just for themselves and not for cooperate growth. I have a younger bro now in his final year uni,almost 35 but he is just carried away with his own woman matter and I see him as not serious with life yet else I could have committed some few millions into his arsenal. I want to give him 1.5 mill January and see how far he can go. Thank you bro.
i can manage it for you sir
Re: Can 25 Million Naira Build This? by gidjah(m): 4:55pm On Dec 27, 2023
Bro no vex sir,BIKO no vex again, can this slide ?
lexy2014:


in this quote, where you being too forward with your oversabi character or were u being too backward?



Re: Can 25 Million Naira Build This? by jubrilELsudan: 4:57pm On Dec 27, 2023
WHEN I READ COMMENTS AND SEE PEOPLE SAYING HE SHOULD USE THE 25MILLION TO DO BUSINESS INSTEAD THAT WILL GIVE HIM PROFIT OF 1 BILLION JUST PROVES HOW STUPID YOU NIGERIANS ARE

WHICH BUSINESS CAN HE DO WITH THE 25 MILLION THAT WILL DOUBLE IT IN ONE YEAR?

IF IT'S THAT EASY TO USE 25 MILLION TO MAKE 100 MILLION IN ONE YEAR THEN ALL OF US WILL RAISE THAT 25 MILLION SO WE CAN ALL MAKE THAT 100 MILLION IN ONE YEAR

WHY DON'T YOU FLAT HEADS NAME THE BUSINESSES THAT 25 MILLION WILL MAKE HIM ONE TRILLION IN ONE YEAR

UNA REALLY DEY STUPID SHA

1 Like

Re: Can 25 Million Naira Build This? by Wuless82(m): 4:58pm On Dec 27, 2023
CapitalBank:
I know things are expensive due to economic trajectory of the country.

Can 25M build a contemporary 4 bedroom bungalow in today's economy in Nigeria with standard finishing?

File Photo for illustration

Give me 10m and I will deliver it in 3 months
Re: Can 25 Million Naira Build This? by Krucifax(m): 5:01pm On Dec 27, 2023
DrDoc:



Theb you dont know business. I cam grow 25M and make atleast 200M annually. I am doing this at the moment. Infact been sleeping at the favtory since October and not leaving until November 2024.

Lolol smiley. That's technically impossible my friend. It means your N25Million would need to generate over N540,000 every single day and N17Million every month to hit N200million in the first year.

That type of exponential capital growth would require far more than N25Million to actualize. The very few that can manage such magic are in I.T. If you can create a product that over 50% of Nigerian will buy in the first year. If that were the case you my friend would already be in the news.

4 Likes

Re: Can 25 Million Naira Build This? by nandyz(m): 5:01pm On Dec 27, 2023
It will build it and u will have lik 7 million balance
Re: Can 25 Million Naira Build This? by Johncuppa(m): 5:03pm On Dec 27, 2023
DrDoc:



Did i ask you or anyone to give me money ?
Are you a newbie on nairaland?
Why is this bothering you, really?
Re: Can 25 Million Naira Build This? by membranus: 5:03pm On Dec 27, 2023
WantsandMore:
Our Parents missed on this wonderful financial advice man!

I missed it too, and I am regretting it.
Re: Can 25 Million Naira Build This? by Neoteny7: 5:04pm On Dec 27, 2023
DrDoc:
Unless you have excess, it is better to expand income generating systems. I.e build more businesses than build a house that doesnt generate or create substantial wealth on time

90% of business startups fail. With that kind of risk, he's better off building the house as an asset.

Better have a shelter first before gambling.

1 Like

Re: Can 25 Million Naira Build This? by yemmit90: 5:05pm On Dec 27, 2023
naijapips04:


The best thing I've read this year. Aside status, owning a house is not a good investment. For a struggling guy, grow the shit out of that 25m. 25m in a good business should give us at least 70m in a year. Rent and grow this. In , 4 years, use the residual income to buy a house. Don't go and dump all your life savings in a house.

Lolz, you will still get to a stage where you realise having your own house when you have the money is an investment in itself. Business can collapse anytime but your house will be there for you. Besides, you can use the house to get a big loan to improve your business. Just get C of O, it won't cost you more than 500k, then any bank would be more than ready to loan you more with good interest rate.
Re: Can 25 Million Naira Build This? by MrDoGood(m): 5:05pm On Dec 27, 2023
wisdomkid:


Very unnecessary advice, person wey get 25M pick am? He didn't actually asked for advice WHAT TO DO WITH THE MONEY.

You won't understand.

Just chill
Re: Can 25 Million Naira Build This? by Bolingua1: 5:07pm On Dec 27, 2023
vitality22:

Can I have your contact? Zero eight zero 3632 eight seven one eight
Lets chat on whatsapp

Ok
Re: Can 25 Million Naira Build This? by DrDoc: 5:07pm On Dec 27, 2023
Neoteny7:


90% of business startups fail. With that kind of risk, he's better off building the house as an asset.

Better have a shelter first before gambling.


In economics we call a thing risk assessment.
Re: Can 25 Million Naira Build This? by DrDoc: 5:08pm On Dec 27, 2023
Krucifax:


Lolol smiley. That's technically impossible my friend. It means your N25Million would need to generate over N540,000 every single day and N17Million every month to hit N200million in the first year.

That type of exponential capital growth would require far more than N25Million to actualize. The very few that can manage such magic are in I.T. If you can create a product that over 50% of Nigerian will buy in the first year. If that were the case you my friend would already be in the news.


I would by this time next year. When you hear the news even wothout the name you will reflect and remember. I go do give away self
Re: Can 25 Million Naira Build This? by DrDoc: 5:09pm On Dec 27, 2023
boxypane:

Na them be this... Na you get the money, you know him account balance. He should just be working and not do other important things...
It's ppl like you that hardly invest.


Never worked for anyone. Been into investment for a decade
Re: Can 25 Million Naira Build This? by DrDoc: 5:10pm On Dec 27, 2023
cedricksly:
keep quite, a business that rakes in 700% gain anually is not sustainable u are a thief and a scammer. A business that rakes in 700% anually has the tendency of loosing everything at once... If I should ask you the kind of business now, you will either mention crypto or forex, lol we know you people...... A high ROI investment is a much risky business..


I am a thief and scammer ontop my own enterprise fully funded by my money. Smh. When they call blacks mentally lazy it is because they do not read
Re: Can 25 Million Naira Build This? by coputa(m): 5:10pm On Dec 27, 2023
DrDoc:
Unless you have excess, it is better to expand income generating systems. I.e build more businesses than build a house that doesnt generate or create substantial wealth on time
You didn't answer his question.

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