Category
Published stories attached to the Residential category.
166 items
Page 2 of 19
Heavy rain and strong winds destroyed about 30 houses in Rwanda's Nyagatare District on September 21, leaving dozens of families without shelter as the government warns of an unusually wet September to December season.
Egyptian developer New Plan Developments says it will deliver 1,700 units this year and spend about EGP 2.5 billion on construction, as execution and handover become key measures of developer performance.
Property lawyers say off-plan buyers in Kenya cannot assume a full refund when a development stalls, after a Nairobi investor lost about Sh450,000 on apartments whose construction never took off, with the courts awarding restitution only where a developer's breach is fundamental.
Annual rents for two-bedroom apartments in Lagos have climbed to about N18 million in Victoria Island and N17.25 million in Ikoyi, pushing households towards cheaper communities in Ogun State, a housing analysis shows.
The Lagos State Building Control Agency says it will tighten enforcement across the building lifecycle, promote a maintenance culture and encourage building insurance to reduce collapse risk and investment losses in the state.
A new breed of property broker that buys or controls undervalued homes and land before reselling at a margin is adding pressure to Lagos prices, though estate agents disagree on how much of the increase is broker-driven and how much reflects land, cement and financing costs.
Eight people were injured when a building collapsed in Mamboleo, Kisumu County, with all residents evacuated as multi-agency teams responded, the Kenya Red Cross said.
METRA Developments has launched Liwan Residence in West Cairo, a villa project offering units of 266 to 349 square metres, as the company expands its development activity in the Green Belt and new urban communities.
Homeowners at the 500-unit Karibu Homes development in Athi River are facing an eviction deadline after Machakos County cited the developer for substandard buildings, with residents still servicing loans on homes they say are cracking.