The estate surveying and valuation profession in Nigeria is facing growing challenges, including rising inflation, a struggling real estate market, and the increasing encroachment of unlicensed practitioners. These concerns were …
Tag:
real estate regulation
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BusinessDevelopmentGOVERNMENTNigeriaPoliciesReal Estate
Lagos Declares Real Estate Practice Without LASRERA Registration Illegal
The Lagos State Government has declared it illegal for anyone to operate in the real estate sector without proper registration with the Lagos State Real Estate Regulatory Authority (LASRERA). The …
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AFRICA NEWSEconomyGOVERNMENTReal Estate
Lagos Govt Moves to Curb Arbitrary Rent Increases, Calls Out Quack Estate Agents
The Lagos State Government has warned estate agents and property managers to desist from illegal and excessive charges that go against the state’s real estate laws, while promising support for …
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Stakeholders in Nigeria’s real estate industry have raised concerns over the sector’s underperformance, blaming it largely on poor regulation and lack of accountability. This was discussed during the 45th anniversary …