₦airaland Forum

ednut1:
cheap scam, start work in Canada without getting visa for you first. There is no job in Canada waiting for you. Na yahoo boys you dey chat

Help2020:
.
Bros I don't know if you will listen to me oo..One of the best business I believe she can do is start exporting some items from Nigeria to Ghana.. Many things are in Nigeria but they are not here in Ghana..If she can be bringing them here in Ghana she will make a lot of money within 1year..
She does not need to spend that whole money.300k is enough..

mrkings84:
Na wa

And u and ur police escort couldn't afford two bikes abi?

I pity for the bike and it wheels!!

Welcum:
That's Fulani herdsmen style. Mind your business.

munstaqq:
Welcome development!

The government's jobs are to make laws and make the enabling environment for businesses to thrive. The government needs to get out of the way.

Privatizing these lost-making agencies will bring more efficiency and accountability.

However, the government should create a price ceiling for the potential buyers to avoid exploitation.

lomprico:
wow, na this tribe show Russia pepper during the Afghan vs Russian war.

unfortunately the evil Democrats don arm the taliban terrorists with heavy artillery.

Biden knows what he is doing!

zolajpower:

You might not find it easy there . Except u start a business or join G-Boys . Ghana no easy .... Ghana b like Benin city , na for enjoyment no work .
Na for cruise a lot of graduate looking for job

Duru9:
My dad is late though
Had it been he's still alive I won't wish him anything

sidonlook:
Good morning house,
Please, what is happening to Consolidated Hallmark Insurance @ o.36.
I dont know if it is the cause of my BP rising, because I bought at 0.42

raphemmanuel:
please for knowledge sake.
I have seen advert of people that put up there mini bus for hire purchase and the type of person they want is a family person.
Please can you tell me why family people are preferable.

I'm asking to just know.
Thanks

dan761:
. Precisely at Oke Ore after Ajibawo .

solochris:
Oven.... Price depends on the particular type of oven
Mixer... 400k smallest size
Bread slicer... 370k
Pans...
Working table
Scale
Packaging material

Contact me if you need full details, if you are serious about it o

Kayrich:
INVESTING REAL ESTATE IN IKORODU BY KAYODE RICHARD

Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water etc. It's an interest vested in an item of real property, (more generally) buildings or housing.
Also the business of real estate is the profession of buying, selling, or renting land, buildings or housing.
Investment in real estate is in the best interest of buyers and investors in order to foster peaceful living and guarantee high returns.
Ikorodu, the study area is a peri-urban and local government area in Lagos State, located along the Lagos Lagoon. Before now, not many investors and home buyers like to opt for Ikorodu property market because of the constant traffic jam on that axis. That jinx has about 5years back been broken with the existence of Mile12 - Ikorodu BRT Road which has now open up the axis and lead to a rush and hustle for accommodation in Ikorodu.
Still the focus of Lagos State government for development and urbanisation still remains in Epe, Badagry and Ikorodu and that's why Ikorodu is still very near ahead to witness a massive development in its urbanisation.
Investing in this Ikorodu real estate is contending that the axis is one of the viable real estate investment markets in Lagos mainland area considering its vast land mass, natural terrain and topography for high net-worth individuals. Also a central and strategically located business hub good for relaxation, leisure and domestication. So investors are guaranteed quick appreciation of property value.

How does this work?
Depending on your income, a plot of land is as high as N10m-N15m and it's also as low as N300k-N500k depending also on the locations.
We grouped Ikorodu into 3 different investing locations.

1). Main Central Areas (Ebutte, Agric-Owutu, Marwa/Coker Estates, Okeriya/Haruna/Benson, Solomade, Kokoro Abu, Sabo, Aga/Solebo, Ibeshe, Ota-ona etc). They command price between N8m-N15m and are mostly bought for commercial purpose because of high influx of population and infrastructural development already to some extent stamped in the axis. 80% of properties here are rented.

2). Sub Central Areas (Itamaga, Igbogbo, Erunwen, Odongunyan, Eyita/Ojokoro, Ewu-Elepe, Ijede, Majidun/Ogolonto, Agbede etc). Which command price between N3m-N10m. Some of them have some level of average infrastuctural development and some has nothing despite the influx of population associated to the axis too. Renting in this axis is averagely common as owing.

3). The Outskirt/New Sites (Agbowa, Agura-Gberigbe, Imota, Igbe, Bayeku, Oofin, Isiwu, Oke-imuti, Odo-kekere, fakale, mawere, ipoyenwa etc). They sold a plot of land for between N300k-N3m in this axis of Ikorodu. They have no infrastructural development and yet influx of people is a little bit average too there. They are mostly residentail properties where rented house are not common cos people bought land in them to keep for future reasons and also many bought it and develop to live in and thereby ending payment of unreasonable sum in rented houses.

Mostly to invest in Ikorodu of these days has been majorly about the low income earners who fall in category (3). That have solely solved the foreseen accommodation problem by helping to realise dream of a happy home. At times in less than a week, N300k can be blowned away with nothing to benefit or show for it. But this cash will buy land for future purposes and you derive the value for the money anytime anyday.
You might not live there immediately you purchase the land because it's still going to be a new site you have purchased from. But you would have done your 4corner boundary or beta still add a foundation to secure the land. And with that asides from your status changing to a landowner, you would have invested rightfully well in your future.
Locations in category (3) also has an urge futuristic value because of mile12 market relocation to imota though not certain when, construction of 4th mainland bridge also not certain when, huge presence of redemption camp etc all around this category (3) axis.
Only time will tell what the real estate market sums behold in this axis in near future.
Most areas in category (A) has same market value as obtained in some areas in Lagos areas such as Ketu, Ojota, Bariga, Shomolu, Mushin. Though there are highbrows in these areas too like Ikosi(Ketu), Fola Agoro(Shomolu), Papa Ajao(Mushin). It's advisable that if one can invest in these areas just listed, then an investment in that category (A) is of equal market value.
Ikorodu of these days no doubt is becoming one of the best location in the new Lagos and we ain't seen anything yet.
The present administration has mentioned of totally urbanising this axis with other Lagos suburb. And I finally add that your hard earned money is advisable and profitable to be channelled into real estate investment in Ikorodu because of its nature to yields maximum return and futuristic value.

Article written by Kayode Richard (Real Estate Consultant) Of Richykay Properties.
Office Ads. 36/38 Ireakari Estate Road, Isolo Lagos.
Contact. 09136239361/08024559706/08057076148
Email. Richykay2005@gmail.com

Thinkmint:
To buy a house in Lagos is the dream of most Nigerians. It is so unfortunate that investors or first-time homebuyers do experience challenges after buying their dream house. Such challenges range from poor plumbing works, cracking walls, to poor drainage systems which result in flooding of the vicinity. This is why we @ThinkMint Nigeria recommend that you carry out proper checks on the house before you make an initial deposit or sign any contracts.

However, this article focuses on;

1. Areas or location to consider when buying your dream house
2. Property documents you need to know after purchasing your first house
3. What you need to check out for when buying a house in Lagos

1. Areas or locations to consider when buying your dream home.
Lagos, which is known to be the most populous city in Nigeria as well as the second-largest in Africa is known to be divided into two regions; Lagos mainland and Lagos Island. Lagos mainland is known to comprise both rural and urban areas while Lagos Island is a majorly urban region of Lagos where most rich people stay.

Having said this, the cost of living on the island is far more expensive than on the mainland and this in return has affected the cost price of the property in this location. Let us take, for instance, a luxury three-bedroom terraced house in Ikorodu can cost less than 30 million naira while in Sangotedo Lekki costs between 35 million to 40 million. So it is always better for investors to do a little research on the property market on the location that brings good returns on investment.

2. Property documents you need to know after purchasing your first house in Lagos
Before you can have a property document after making a successful transaction on your dream home, it is crucial to know the Title of the land in which the house is built. By ‘Title’ I mean a bundle of rights in a piece of property in which a party may own either a legal interest or equitable interest.

This property title includes; Certificate of occupancy, Governor’s Consent, Government Approved Excision, Gazette, and so on.
Don’t worry, kindly keep in touch as we will put out content to help you on that later.
Having known the different land titles and you have made an initial deposit for that dream home, provided that a receipt of payment has been issued. Below are documents required after making payment for that dream home.

Contract of sale; this shows that a transaction has taken place between you and the company or developer you are dealing with.

Deed of assignment; This is a legal document that shows that the seller or developer or the company has transferred the property to you and it is always given after the conclusion of the property transaction between the buyer and the seller.

Survey Plan; This is also an important property document that helps to reveal the ownership status of the property. It spelled out the size of a parcel of land. With the survey plan, you can know if the property is committed or not.

3. What you need to check out for when buying a house in Lagos
Wall Cracks: Cracks from the wall usually happened when the developer don not put into cognizance the soil test before the foundation is been done for the property. Oftentimes, some developers believe that soil testing is a total waste of money. However, they fail to carry out a soil test and they end up doing the wrong types of foundation which may later affect the physical structure of the building. It’s vital for every property investors or first time home buyers to pay adequate attention to details in terms of the building structure, Wall cracks e.t.c

Sewage systems: Always ensure that you check the sewage systems. Ensure that it is properly channeled and that the borehole system is not close to the sewage system.

Check Plumbing Works and Electrical installations: Ensure that you test the electrical installations in order to ensure everything works fine. Also, ensure you check for water leakages because the pipes used by some developers are substandard.

Carry out your search on the property document: It’s imperative to request a scanned copy of the survey plan of the house you intend to buy so that you can verify the authenticity of the property from the Lands Registry In Alausa Ikeja. Besides, also ensure that you hired a land surveyor to check the coordinate physically as some companies tend to put uncommitted land coordinates on a committed one. In a nutshell, do dealings with reputable real estate companies that will reduce the stress and money you are to spend on property verification. At Thinkmint.ng, we provide you with genuine property in the city of Lagos.

Request for the building plan approval: It is also vital to request for the building plan of the house you intend to buy as that will guide you to know that the building complies with building laws and codes and to prevent people from just constructing as they deem fit.

Kindly leave us a comment and share this post with your loved ones. �

OmololaOj:
Our crops are insured by Leadway Assurance and NAIC respectively..