Last month, the first leg of the exercise included ground-breaking for 1,500 units in five northern states. The Federal Ministry of Housing and Urban Development has begun the second-leg exercise of the Renewed Hope Housing Programme to construct 2,000 houses in eight states. The Minister of Housing and Urban Development, Ahmed Dangiwa, made this known in a statement signed by the ministry’s...
The Federal Government has announced plans to launch a mortgage finance facility aimed at constructing 25,000 affordable housing units nationwide. This initiative is a key component of the Economic Stabilization Programme and will be overseen by the newly established Presidential Economic Coordination Council (PECC). According to the statement, the “Mortgage Finance Acceleration Facility” aims...
The Hot Cake: Real Estate in Abuja Many have sought to understand what real estate in Abuja entails and how one can invest in the market to make substantial profits without stress. This guide introduces you to real estate in Abuja from scratch, providing comprehensive knowledge about the types of real estate and how to enjoy its benefits. The information you are about to acquire is worth a million...
Abuja, a city of unbridled beauty and potential, beckons those seeking a lucrative venture in real estate. With its vast expanse divided into five phases, comprising over 50 districts, the city offers a diverse range of investment opportunities. While phases 4 and 5 are still in development, phases 1 and 2 boast the most sought-after areas, coveted for their allure and prestige. Whether you're drawn...
Buying a home is one of the most significant financial decisions you'll ever make. Whether you’re a first-time buyer or a seasoned investor, asking the right questions during a property viewing is crucial to avoid pitfalls and ensure the property meets your needs. In this guide, we’ll walk you through the top 10 essential questions to ask when viewing a home to help you make an informed...
Abuja, Nigeria's capital city, is experiencing a real estate boom, driven by a surging population and government investment in infrastructure development. The city's attractiveness for economic opportunities and high standard of living has led to a housing demand surge, prompting developers to build new residential projects, particularly in upscale areas like Maitama and Wuse 2. Infrastructure development...
Abuja, Nigeria's capital city, is booming! The city's real estate market is growing fast, with more people looking for homes and office spaces. This trend is expected to continue, driven by Abuja's increasing population. As people move to the city for better opportunities and a higher quality of life, the demand for housing, Luxury Homes, Homes for sale, and property skyrockets. Developers are responding...
The future of real estate market development in Abuja is recovering well, thanks to the new government and infrastructure development plans. Many government officials and their staff are moving to Abuja from all over the country, which is also boosting the market. Before now, big investors were not interested in Abuja's real estate market because the previous government's policies and the COVID-19...