₦airaland Forum

Godwin4444:
bro I am a builder n I am telling u for sure that all those prices u put there are inflated

The reality of real estate is that if u do it yourself u will realize it's not up to those prices u quoted

U are saying a buy n build land will cost 20m, see I hate arguing with people online cos many of them are far from reality n they quote prices anyhow n that's y I hardly comments on auto n property section

Oga without land u will get a reasonable duplex with 40m. Many of u don't know the tricks, agents n middle men are d problem of real estate just as we have it in oil sector

I am talking from the perspective of someone doing it himself n I am telling u that u can build duplex with 40m n sell it 70m in Lagos.

I am also telling u that u can buy a land to "build n sell" at 2m above in Lagos

All of u only think of island when we talk of real estate

Cashio:
I beg to disagree with you sir. You are not a builder. Kindly share pictures of the duplexes you did with just 40m.
I did a 4 bedroom bungalow renovation early this year and it cost a total of 13.4m just to break some partitions and add two toilets, then do concrete fascia and a new roof, including septic tank and soak away and then compound flooring. As of that period, cement was 5400 naira per bag and 12mm rods sold for same 5400 naira. Right now, cement is 9000 naira and 12mm rod is 9100 while 16mm bars are selling for 16000 naira. It would cost about 18-20m to renovate that house with the current price of materials.
Now I ask you again, what kind of duplex did you build with 40m. Wait until you actually start building and then you'll realize if I was right or wrong. Just last week, we just roofed a four bedroom semi detached duplex and the cost so far to that stage is about 48m. Guess what, the finishing stage will take probably around twice that amount or at least around one and half that amount.
As for a buy and build land in Lagos for 10m, you go enter outskirts and after building, people nor go wan buy am or it will take you 8 months to over a year to see buyer. And as for getting buy and build 2m anywhere around any city, I want to believe you are just exaggerating.
I am not only telling you from the experience of a professional, I am also telling you from the experience of someone who has bought over 20 properties in three different states around the south east within the last three years, both for clients and for myself. Ehen, also from the experience of someone who have not just built for people, but have also built with his own money.
So bro, I tell you again, 40m to build a standard 4 bedroom duplex at least is a trap and don't fall for it if people told you it was possible. If you think I am wrong, prove yourself right by sending an estimate of a four bedroom duplex and how you arrived at it costing 40m.

Alakoriomo:
I really find it hard to believe that someone who has #634M in Nigeria hasn’t sell his business and properties and use all the money to process student visa and japa. How can someone be like this? You have this amount of money and u have not japa. Some, especially Igbo men from the south and the east, will rather think of using this money to establish business in Nigeria and employ people, instead of japa. This isn’t a good thing to do.

Alakoriomo:
Hmmm, at bolded is where I knew you’re lying. You’re a Nigerian man and you live in Nigeria not abroad, how are you able to build a property or how are people in Nigeria able to buy property through u when everyone here is poor? No Nigerian can afford to buy a house. I believe the new houses getting built in Nigeria are built by people from abroad who send you guys money to build for them. How many people are successful in Nigeria? Only people abroad can afford to buy such house so I believe you’re lying.

We even heard that 95% of Nigerians don’t have up
To 200k in their account. So how are people able to get money to build house or to even afford to be successful in life without going abroad?

Just dey lie dey go

Alakoriomo:
I really find it hard to believe that someone who has #634M in Nigeria hasn’t sell his business and properties and use all the money to process student visa and japa. How can someone be like this? You have this amount of money and u have not japa. Some, especially Igbo men from the south and the east, will rather think of using this money to establish business in Nigeria and employ people, instead of japa. This isn’t a good thing to do.

Cashio:
I beg to disagree with you sir. You are not a builder. Kindly share pictures of the duplexes you did with just 40m.
I did a 4 bedroom bungalow renovation early this year and it cost a total of 13.4m just to break some partitions and add two toilets, then do concrete fascia and a new roof, including septic tank and soak away and then compound flooring. As of that period, cement was 5400 naira per bag and 12mm rods sold for same 5400 naira. Right now, cement is 9000 naira and 12mm rod is 9100 while 16mm bars are selling for 16000 naira. It would cost about 18-20m to renovate that house with the current price of materials.
Now I ask you again, what kind of duplex did you build with 40m. Wait until you actually start building and then you'll realize if I was right or wrong. Just last week, we just roofed a four bedroom semi detached duplex and the cost so far to that stage is about 48m. Guess what, the finishing stage will take probably around twice that amount or at least around one and half that amount.
As for a buy and build land in Lagos for 10m, you go enter outskirts and after building, people nor go wan buy am or it will take you 8 months to over a year to see buyer. And as for getting buy and build 2m anywhere around any city, I want to believe you are just exaggerating.
I am not only telling you from the experience of a professional, I am also telling you from the experience of someone who has bought over 20 properties in three different states around the south east within the last three years, both for clients and for myself. Ehen, also from the experience of someone who have not just built for people, but have also built with his own money.
So bro, I tell you again, 40m to build a standard 4 bedroom duplex at least is a trap and don't fall for it if people told you it was possible. If you think I am wrong, prove yourself right by sending an estimate of a four bedroom duplex and how you arrived at it costing 40m.

faceland:
Student visa?
That is stupid

He probably has another passport and Can leave if shit hit the fan

Alakoriomo:
Hmmm, at bolded is where I knew you’re lying. You’re a Nigerian man and you live in Nigeria not abroad, how are you able to build a property or how are people in Nigeria able to buy property through u when everyone here is poor? No Nigerian can afford to buy a house. I believe the new houses getting built in Nigeria are built by people from abroad who send you guys money to build for them. How many people are successful in Nigeria? Only people abroad can afford to buy such house so I believe you’re lying.

We even heard that 95% of Nigerians don’t have up
To 200k in their account. So how are people able to get money to build house or to even afford to be successful in life without going abroad?

Just dey lie dey go

Godwin4444:
ok

Dreamhans1:
sir arguing with you will result to migraine, redundancy, lower IQ, bad health, stewing in lies, derision and eventually death. I'm sorry sir

okoroemeka:
so if I have close to #1 billion in cash and properties I will sell all and go and wash toilet and dead bodies in Europe in the freezing snow,I don't think you are an igboman to have this type of orientation,because many region now believe without japa you cannot make it in Nigeria,I laugh,go to onitsha,aba,nnewi,owerri,umuahia,enugu,awka and see businessmen and women that goes aborad to buy goods and come back to Nigeria,it is poor people that japa

Cashio:
Nor be by ok, I am taking my time to explain all this to you so you don't mislead yourself and others into believing that 40m will build for them a duplex with the current prices of building materials.

Alakoriomo:
Yeah I understand. Instead of agreeing with me that we’re all poor in Nigeria and no one has up to 500k in their account not to even talk of building a house or buying a property in Lagos, you’ll rather choose to gaslight me.ok

Godwin4444:
oga if u build it yourself n supervise it yourself it will finish it

I just hate arguing with people like u that love to call prices anyhow, if u are in d midst of people we work together they will just b laughing at u

U are talking from d perspective of who wants to make money from potential clients n will always inflate prices to get his own gain

I am talking from d perspective of someone who owns it n wants to do it himself

Many of u just follow price tags ignorantly, when u see houses of 100 million many of u go out there n start spreading rubbish that the house is 100 million n when u see someone who wants to build d same house u start shouting he should keep 100 million whereas everything wey finish d house no pass 65million

But people like u if u see someone who tells u d house is 65 million then u will bring all these your super stories

Guy rest