Skip to main content

Lagos begins allocation of homes to beneficiaries

The Lagos State Mortgage Board on Tuesday began allocation of homes to 30 indigenes that emerged winners from a raffle draw for the state housing estates.

Governor Babatunde Fashola of Lagos State said at the presentation that allocation of the homes to first set of beneficiaries had confirmed the state government’s commitment to the mortgage scheme.

The News Agency of Nigeria reports that some of the homes were in Shitta, Ikorodu, Epe, Age and Lekki Housing Estates.

The governor said the scheme was the state government’s answer to the limited access to housing and one of the strategies to improve living standards.

“With this scheme, we are moving our people from desperation for housing to an orderly and predictable living. And, that is our dream and I have always believed that when people can dream things, their hands can do it.

“Our journey really begins today; Lagosians should begin to put their steps in that ladder, the ladder to prosperity that we have designed for them,’’ he said.

Fashola said no fewer than 3,000 homes were ready for allocation, adding that 200 would be delivered monthly through raffle draws.

The governor said the allocation of less than 200 homes in March was because many applications failed to meet the set conditions.

Fashola urged residents, who were interested in the scheme, to ensure that their applications meet the set conditions.

Comments

Popular posts from this blog

Quick fixes for quick profits in real estate

It has been said several times that ‘ideas rule the world’ and this holds true in real estate investing as well. We want to examine a time-tested idea that guarantees quick turnaround time and good returns on investment in most real estate markets. We’ll be examining guidelines for making a good return in rehabilitating and selling properties. First, you need to find a property that is in need of repairs or renovation but is located in a good area. 

Long-term fund paucity hindering property development — Wemabod

The management of Wemabod Estate Limited has said the construction industry is plagued by the absence of long-term funds, which is hindering its growth and the ability of the country to bridge the housing deficit. According to the company, funding remains a critical challenge as real estate development is not merchandising but long-term investment. The Chairman, Wemabod Estate, Dr. Bayo Adewusi, stated this in Lagos when the new Group Managing Director of its holding firm, Odu’a Investment Company Limited, Mr. Adewale Raji, paid a maiden visit to Wemabod.

Tip #2: Be Dependable and Available

Being a dependable person is extremely beneficial to being a successful property manager. It’s important to respond to phone calls and e-mails in a timely manner. If you are managing numerous properties you will be very busy, but being available when owners and/or tenants need to speak with you is essential. This builds trust within your business relationship and makes your client feel confident that they can rely on you. You certainly have a life outside of work. There is no need to give out your personal cell phone number. As long as they have your e-mail address and you try to keep yourself available as much as possible during regular business hours, that is enough. Time management and organization are also a huge part of being dependable. Don’t spread yourself too thin. Make sure you schedule meetings accordingly in order to meet your clients’ needs. Lastly, a great quality to possess is people skills. You will be working with numerous peop...