Did you know that real estate is one of the most popular investments globally, surpassing gold, stocks, and savings accounts? This trend holds true not only in America but also in countries like India, Nigeria, and across Africa. People find great emotional satisfaction in owning property, which makes real estate a preferred choice for long-term investments. In India, there are signs that the real estate market is recovering after a period of decline. Experts suggest that now might be a...
Nigeria stands out as one of the most expensive property markets globally, ranking second in Africa after Angola. The high costs are not solely due to construction expenses but are influenced by various other factors. These include the high cost of borrowing funds, fees imposed by government agencies, and market uncertainties affecting property turnover.In an interview with BusinessDay, a developer highlighted that these factors significantly inflate house prices, surpassing construction costs by nearly 40 percent. "Finance plays a crucial role;...
On a pleasant afternoon of September 5th, 2023, the Oyo State Government embarked on a scheduled inspection tour of the Rayfield Gardens City Estate, located in Christopher Adebayo Alao Akala GRA, Wofun Akobo Extension near Iwo Road, Ibadan—the capital of Oyo State. Rayfield Gardens City Estate, under the stewardship of Governor Seyi Makinde, represents a significant initiative to provide modern, high-quality housing for the people of Oyo State. This ongoing project is part of the government's commitment to urban development...
Fendini Homes has officially begun laying paving stones at the VIP wing of Phase 2 in Rayfield Gardens City Estate, located in the Adebayo Alao Akala GRA area of Ibadan. This marks a major milestone in infrastructure development—showcasing Fendini’s dedication to quality living spaces. According to the announcement, the project underlines the company’s commitment to excellence, ensuring roads and public areas are well constructed for long-term use. Residents and future homeowners can expect a well-laid environment that matches the premium...