Category
Published stories attached to the Development category.
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Page 14 of 29
With the Federal Housing Authority breaking ground on a 241-unit estate in Osogbo and land still comparatively affordable, developers and analysts say Osun State is becoming one of the more closely watched housing markets in Nigeria's South-West.
President William Ruto toured affordable housing and market projects in Kajiado County, including the KSh2.18 billion Boma Yangu Loitoktok development that will deliver 751 homes, as the national programme grows to 282,000 units.
Tatu City has proposed two high-rise residential towers in Ruiru, Kiambu County, the taller rising to 30 floors, in a Sh7.09 billion project that would be the tallest building outside Nairobi.
The Real Estate Developers Association of Nigeria has urged property developers to move away from isolated operations and strengthen collaboration to improve industry performance and cut construction costs.
Misr Italia Properties' Solare Ras El Hekma, a 400-feddan destination on Egypt's North Coast representing about EGP 58.5bn in investments, is shifting coastal development from seasonal residential communities to fully integrated destinations.
Octo5 Holdings executive director Lauretta Odusolu says property developers in Lagos must move from a 'build first, solve drainage later' approach to treating flood resilience as part of initial estate design.
Researchers say rapid urbanisation and land reclamation for real estate development in Lagos are reducing the natural flood buffering of wetlands, with more than 60% of the megacity's urban areas projected to face extreme flooding by 2050.
With developable land in Lagos shrinking and prices climbing, developers are turning to high-rise residential buildings to fit more homes on expensive parcels, Elara Development's CEO tells Nairametrics.
Afro-Arab Properties has cut the sod for a 30-unit, three-bedroom housing project at Community 22 Annex in Accra, with a payment plan that lets buyers move in after a 40 per cent down payment.