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Lack of transparency in market transanctions is a big issue in real estate

Land cost, long and cumbersome documentation processes are frequently cited as major challenges in real estate transactions, but there are other underlying challenges. These include lack of transparency in market transactions and insufficient supply of credible data which have continued to drawback the sector. However, the emergence of specialised research firms is believed to be the dawn of a new era in the sector. Read More    

Land banking practice is inimical to cities growth, promotes resources under-utilisation

Those aspiring to rule Nigeria must have a good understanding of the challenges posed by the Nigerian environment (Onibokun, 1998). The politicians must realize that central to politics is the issue of environmental sustainabilityRead More   

Artisans decry poor pay, conditions of service

Artisans under the auspices of Building and Construction skilled Artisans Association of Nigeria (BACSAAN) has decried the poor wages being paid members working on building and construction sites all over the country. Director of Operation of BACSAAN,  Mr.  Amen Richard Osagiede expressed the association’s displeasure in an exclusive interview with Daily Trust yesterdayRead More

Property market upbeat, investors confident despite election fears

Contrary to earlier prediction of a lull and investor-apathy in the property market during and after the general elections in Nigeria, the market surprisingly remained upbeat with prices remaining stable and homebuyers still taking up new homes. The prevailing situation in the market, which was least expected, reaffirms the market’s resilience and growth story in recent time, typifying a positive response to supply-demand dynamicsRead More

Le'Venue Property repositions for industry leadership

As part of its effort to take over the real estate industry in Nigeria, Le’ Venue Property Development Company Limited has completed the registration of contractors and appointed a marketing company and a public relations firm to drive publicity for its numerous real estate developments across the country. Read More


New Property Listings Now Available!!!

We have new mandates from vendors looking to sell their properties located across Lagos from Yaba to Lekki. To find out more about them please Click Here   

RAC Lagos House Price Index - 2015 

Outlook 

The RAC Lagos House Price Index was launched in 2011. It is the first index of its kind to show movements in house prices in Lagos based on average asking price. The last 12 months has been a very interesting period for the Lagos real estate market. As we predicted, house prices rose by single digits across the Lagos Island and Mainland markets. Read More

Development Focus - Peace Court, Lekki

The first phase of Peace Court is set to be delivered in June and limited units still are available, off-plans sales for the phase two have also commenced  Click Here

RAC Featured Residential Developments  

•  Alcove Homes

•   Illiniois Court

• undefined   Peace Court

•   Praiseville Gardens Estate

•    Royal Estate

To see more of the residential developments we are currently promoting please Click Here

RAC Research Reports

You can download our past research reports from our reports page, please Click Here

Advertising Enquiries

For real estate developers looking to promote their developments and would like to advertise on our platform, please send an e-mail to admin@rac.com.ng

 

General Enquiries

For general enquiries into any of the developments we are promoting on our platform, please send an e-mail to info@rac.com.ng
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