Housing specialists have advised stakeholders to improve investment in the sector to mitigate existing deficits and create more affordable homes for Nigerians.<\/p>\n
They spoke at the 2018 end of year programme organised by Brit Property Nigeria Limited in Lagos. According to them, investment in Real Estate gives good returns than other investment instruments in the country.<\/p>\n
The Chief Executive Officer, Brand Crafts Limited, Mr Reuben Onwubuiko, said to be able to fix the over 17 million housing deficits in the country individuals, public and private entities must commit more funds toward the sector\u2019s development.<\/p>\n
Speaking on \u2018Building Wealth That Grows With Real Estate<\/a>\u2019, he remarked that majority of people who falls from grace to grass was because they lacked investment mindset when they could have converted the opportunities they had, by having multiple streams of investment with their money especially deploying the funds into real estate.<\/p>\n To create wealth, he said, people must have the ability to assess risks and returns of their choice investment, examine returns, and payback value<\/a>. He observed that building depreciates while land appreciates as time progresses.<\/p>\n Earlier, the Managing Director, Brit Property Nigeria Limited, Dr Bright Chimezie, advised private investors to open up remote areas and make it easy for people to build.<\/p>\n Government alone, he said, cannot fix the huge housing deficit in the county, hence, the need for developers and other well-meaning Nigerians to come into the venture.<\/p>\n He said most people are afraid of buying lands because of land grabbers, noting that, his company\u2019s properties are adequately secured.<\/p>\n \u201cBuying property from an estate is the best than patronising \u2018omo-onile\u2019 who are in most cases dubious while buying<\/a> your land from us gives you rest of mind,\u201d he stated.<\/p>\n The event was attended by the staff of the organisation and subscribers in some of the firms\u2019 estate.<\/p>\n It is always noteworthy that the appreciative value of real estate depends greatly on the right location. While considering\u00a0 to invest in real estate, the site should not be too far from top places of interest<\/a> in Nigeria. There\u00a0 are places to visit in Nigeria<\/a> which are largely untapped mine for\u00a0 the real estate industry.<\/p>\n If you are thinking of travelling to a particular location for the best real estate deal, always check hotels.ng<\/a> for top hotels in nigeria<\/a>\u00a0 closest to you.\u00a0Planning of travelling out Nigeria? Find out the required guidelines via the best visa consultancy service in Nigeria<\/a>.<\/p>\n SOURCE: THE GUARDIAN<\/p>\n","protected":false},"excerpt":{"rendered":"Housing specialists have advised stakeholders to improve investment in the sector to mitigate existing deficits and create more…\n","protected":false},"author":28,"featured_media":11749,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_custom_appearance":"","csco_disable_excerpt_posts_layout":false,"csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":""},"categories":[37,32],"tags":[152,82,237,238,442,703],"class_list":{"0":"post-11748","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"category-real-estate-news","9":"tag-investment","10":"tag-real-estate","11":"tag-real-estate-in-lagos","12":"tag-real-estate-in-nigeria","13":"tag-real-estate-investment","14":"tag-real-estate-news","15":"cs-entry","16":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/11748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/comments?post=11748"}],"version-history":[{"count":5,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/11748\/revisions"}],"predecessor-version":[{"id":11892,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/posts\/11748\/revisions\/11892"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media\/11749"}],"wp:attachment":[{"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/media?parent=11748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/categories?post=11748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/propertypro.ng\/blog\/wp-json\/wp\/v2\/tags?post=11748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}