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How Far Will 5 Million Naira Go? - Properties - Nairaland

Nairaland ForumNairaland GeneralPropertiesHow Far Will 5 Million Naira Go? (2880 Views)

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How Far Will 5 Million Naira Go? by Obalegend(op): 3:07pm On Oct 14, 2018
I have a land already in Ibadan and I plan to develop a four bedroom bungalow on it on the level/taste of a civil servant (no luxurious materials). How far do you think 5 million naira can take me? I will appreciate your response.
Re: How Far Will 5 Million Naira Go? by neonly: 3:18pm On Oct 14, 2018
It will go a long way if only u can monitor buying of material nd workmanship personally
Goodluck
Re: How Far Will 5 Million Naira Go? by Obalegend(op): 3:22pm On Oct 14, 2018
Can you kindly define the "long way, sir"?
neonly:
It will go a long way if only u can monitor buying of material nd workmanship personally
Goodluck
Re: How Far Will 5 Million Naira Go? by Abimbola198212: 4:44pm On Oct 14, 2018
Am an Architect and into Construction. Call me or whatsapp on 08033922394.Thanks
Re: How Far Will 5 Million Naira Go? by raymondFirstborn(m): 6:48pm On Oct 14, 2018
Obalegend:
I have a land already in Ibadan and I plan to develop a four bedroom bungalow on it on the level/taste of a civil servant (no luxurious materials). How far do you think 5 million naira can take me? I will appreciate your response.
5million would get you to carcass level, with some level of finishing done.

for cost breakdown
You can contact me on 09056082348(call & whatsapp
Re: How Far Will 5 Million Naira Go? by diehard(m): 7:15pm On Oct 14, 2018
With very basic finishing and nothing fancy, it can get you to living in the house.

Which means all materials will be bought by you and some things wil not be done
Re: How Far Will 5 Million Naira Go? by uboma(m): 7:30pm On Oct 14, 2018
Abimbola198212:
Am an Architect and into Construction. Call me or whatsapp on 08033922394.Thanks
You don see market.


Why not provide your expert advise here for all to learn?


@ Obalegend, be very cautious about contacting people privately. Some are only out to misguide and fleece you.

Do contact only trustworthy hands.
Re: How Far Will 5 Million Naira Go? by BestDude: 9:39pm On Oct 14, 2018
Obalegend:
Can you kindly define the "long way, sir"?
contact Hajivince. He did one for me and I must say he is reliable and can economically handle your project for 5Million. With 5Million, you would plaster and do some other things.
Re: How Far Will 5 Million Naira Go? by neonly: 10:03pm On Oct 14, 2018
Obalegend:
Can you kindly define the "long way, sir"?
Most tym u go nd buy materials u are given discount which contractors won't tell u it will be Der own gain
Labour can be put on pay on what u do
Drilling bore hole instantly help reduce cost of water issues(250k) pretending on location water is very essential belief me
Re: How Far Will 5 Million Naira Go? by obo389(m): 2:19am On Oct 16, 2018
BestDude:
contact Hajivince. He did one for me and I must say he is reliable and can economically handle your project for 5Million. With 5Million, you would plaster and do some other things.
Is hajivince his moniker?
Re: How Far Will 5 Million Naira Go? by Nobody:
Depending on the condition of the land and building site, you can actually build a solid 3 or 4 bedroom bungalow.

The key to this is self management of construction (you don't need to be builder per se but its helpful to work with a seasoned bricklayer). You don't need to be Lagos Builder to construct a good bungalow, just a bricklayer will do. You will also need to purchase and monitor supplies.

You can't do this by being a check writer and you will need to be involved.

Good luck.

PS: Be careful and wary of posters asking you to contact them privately. Let them discuss with you on here so others can enter their viewpoints.
Re: How Far Will 5 Million Naira Go? by Nobody: 3:32am On Oct 16, 2018
Some prices for you:

20 ton laterite = N18,000
10 ton stone dust = N28,000
10 ton sharp sand = N18,000
9" block = N170
6" block = N160
Cement = N2,500

Use pillars, use 9" blocks at the perimeter and 6" blocks for the partitions.
Re: How Far Will 5 Million Naira Go? by BestDude: 8:36am On Oct 16, 2018
obo389:
Is hajivince his moniker?
yes sir. he is very competent. eveb right now his handling a project for someone else in abeokuta, a duplex.
Re: How Far Will 5 Million Naira Go? by obo389(m): 10:14am On Oct 16, 2018
BestDude:
yes sir. he is very competent. eveb right now his handling a project for someone else in abeokuta, a duplex.
Alright. Thank you
Re: How Far Will 5 Million Naira Go? by Hajivince(m): 11:03am On Oct 16, 2018
BestDude:
yes sir. he is very competent. eveb right now his handling a project for someone else in abeokuta, a duplex.
Thanks My Oga, God bless you
Re: How Far Will 5 Million Naira Go? by BestDude: 11:05am On Oct 16, 2018
obo389:
Is hajivince his moniker?
in case you send a pm and be can't respond on time cos i believe he would be extremely busy at the site, here is his number:

08069452707
Re: How Far Will 5 Million Naira Go? by BestDude: 11:09am On Oct 16, 2018
Hajivince:
Thanks My Oga, God bless you
oh you are here already. I didn't see the mention.

Thanks for a job well-done. You are welcome.
Re: How Far Will 5 Million Naira Go? by obo389(m): 12:36pm On Oct 16, 2018
BestDude:
in case you send a pm and be can't respond on time cos i believe he would be extremely busy at the site, here is his number:

08069452707
Thank you boss. I really appreciate you guys.
Will be starting mine soon but going through the endless lists of guru's in the property section, I can but say am amused and at the same time confused who to go for. The list building engineers endless huh
Re: How Far Will 5 Million Naira Go? by BestDude: 12:44pm On Oct 16, 2018
obo389:
Thank you boss. I really appreciate you guys.
Will be starting mine soon but going through the endless lists of guru's in the property section, I can but say am amused and at the same time confused who to go for. The list building engineers endless huh
Yes o, lots of the gurus here get so much attention and
many are preoccupied already but if you give this guy, he will do a magnificent job for you.

In fact check out his 3d architural designs on his thread for a start. You will fall in love like I did. See link below.

https://www.nairaland.com/4729911/nigerian-house-plans-innovative-architectural
Re: How Far Will 5 Million Naira Go? by obo389(m): 7:34pm On Oct 16, 2018
BestDude:
Yes o, lots of the gurus here get so much attention and
many are preoccupied already but if you give this guy, he will do a magnificent job for you.

In fact check out his 3d architural designs on his thread for a start. You will fall in love like I did. See link below.

https://www.nairaland.com/4729911/nigerian-house-plans-innovative-architectural
Egbon, I have gone through the link you sent and am scared o. God help me. Are you advising me to consult hajivince?
Re: How Far Will 5 Million Naira Go? by BestDude: 7:10am On Oct 17, 2018
obo389:
Egbon, I have gone through the link you sent and am scared o. God help me. Are you advising me to consult hajivince?
lol... I know the money is scary. But you see, I was just like you until I learned one thing... How finishing is what determines the final cost of building, that is what kind of paint, tiles, plumbing and so on do you want to use? Will you use pvc or pop for ceiling? Are you going to use aluminum roofing or stone coated roofing?

All these determines the final price.

But I can assure you that 5million will plaster your bungalow and do a little above that.

The extra cost now determines what kind of finishing you want. What kind of products do you want?

This means what you want is what will determine the final price even if you are the one that wants to go to the market to buy them.

In fact to save cost, you should by your materials yourself if you wish.

And yes, contact him. He will get you something based on your budget.
Re: How Far Will 5 Million Naira Go? by obo389(m): 10:50am On Oct 20, 2018
BestDude:
lol... I know the money is scary. But you see, I was just like you until I learned one thing... How finishing is what determines the final cost of building, that is what kind of paint, tiles, plumbing and so on do you want to use? Will you use pvc or pop for ceiling? Are you going to use aluminum roofing or stone coated roofing?

All these determines the final price.

But I can assure you that 5million will plaster your bungalow and do a little above that.

The extra cost now determines what kind of finishing you want. What kind of products do you want?

This means what you want is what will determine the final price even if you are the one that wants to go to the market to buy them.

In fact to save cost, you should by your materials yourself if you wish.

And yes, contact him. He will get you something based on your budget.
Egbon, I really appreciate your advise and kind words. God bless you abundantly.
Will do as you have advised and will surely PM you,inform you and have your number when I will start next year . Infact, will come personally to seek for advise and consultations. smiley
I hope your a lagos resident sir?
Thank you once again.
Re: How Far Will 5 Million Naira Go? by BestDude: 11:13am On Oct 20, 2018
obo389:
Egbon, I really appreciate your advise and kind words. God bless you abundantly.
Will do as you have advised and will surely PM you,inform you and have your number when I will start next year . Infact, will come personally to seek for advise and consultations. smiley
I hope your a lagos resident sir?
Thank you once again.
oh great. No problem.
1 Reply

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