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Poor regulatory environment bane of Nigeria’s real estate ecosystem

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Poor regulatory environment bane of Nigeria’s real estate ecosystem

Real-Estate

Nigeria’s real estate ecosystem can do better with proper regulatory framework and achieve its utmost potential like other advanced economies, Olatubosun Fatoki has said.

Fatoki should know better as a realtor with vast experience in the built and construction industry.

Speaking in an interview with The Nation from his base at the United Arab Emirate, recently, Fatoki who sits atop as the Founder/CEO at Crest Range Properties LLC, said unlike what operates in Nigeria, obtaining approval and permits for property in the UAE is less than 24 hours if all the rights documentation are available.

“There are two different ways of getting properties. It’s either you are buying cash or you are getting bank finance, you are getting the mortgage. The process of getting the mortgage finalised sometimes takes about a month or within a day depending on the availability of the different documentation. The day the property is being transferred between the buyer and the seller, it’s mostly done at the government-assigned office.”

Widely acclaimed as a visionary entrepreneur and the first Nigerian to establish a real estate company in Abu Dhabi, Fatoki who acknowledged that a bit has changed in the nation’s real estate ecosystem was however revealed that there is room for greater improvement if the country wants to join other comity of nations with better enhanced, structured operating environment. – culled from the (Nation)

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Adron Group Chairman Hails Dapo Abiodun’s Leadership at 66

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Adron Group Chairman Hails Dapo Abiodun’s Leadership at 66

The Chairman/Chief Executive Officer of Adron Group, Aare Adetola Emmanuel King, has extended his warm congratulations to the Executive Governor of Ogun State, His Excellency Prince Dapo Abiodun, CON, on the occasion of his 66th birthday.

In a goodwill message issued to commemorate the occasion, Aare EmmanuelKing described Governor Dapo Abiodun as a visionary leader, accomplished administrator, and distinguished statesman whose purposeful and people-oriented leadership continues to foster remarkable transformation, progressive governance, and sustainable development across Ogun State.

He noted that Governor Abiodun’s steadfast commitment to infrastructural development, economic advancement, youth empowerment, and the overall welfare of the citizenry has significantly positioned Ogun State as a foremost destination for investment, innovation, and socio-economic progress in Nigeria.

“On behalf of my family, the management, and staff of Adron Group, I sincerely felicitate with Your Excellency, Prince Dapo Abiodun, CON, on the occasion of your 66th birthday. Your exemplary leadership, humility, and unwavering dedication to public service remain highly commendable and inspiring. Ogun State has continued to experience substantial growth and development under your administration, while your contributions to governance and human capital development are truly noteworthy,” Aare EmmanuelKing stated.

He further offered prayers for God’s continued grace, wisdom, strength, and good health for the Governor as he continues to render selfless service to Ogun State and the nation at large.

Aare EmmanuelKing also wished Governor Abiodun many more years of impactful leadership, peace, and fulfillment in service to humanity.

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Adron Homes Felicitates Muslims on Eid Celebration

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Adron Homes Felicitates Muslims on Eid Celebration

Adron Homes & Properties has congratulated Muslim faithful across Nigeria and around the world on the occasion of Eid, urging them to continue embracing the virtues of peace, sacrifice, love, and unity that the season symbolizes.

In a statement issued by the management of Adron Homes & Properties, the company described Eid as a sacred period that promotes spiritual renewal, compassion, gratitude, and harmonious coexistence among people irrespective of tribe, religion, or social status.

The foremost real estate company noted that the values of selflessness, obedience, and generosity demonstrated during the holy season remain essential ingredients for national growth and societal development.

According to the statement, Nigerians should use the festive period as an opportunity to strengthen bonds of brotherhood, extend love to the less privileged, and pray for enduring peace and economic prosperity in the country.

Adron Homes further reaffirmed its commitment to providing affordable luxury homes and building sustainable communities that promote comfort, security, and family values for Nigerians at home and abroad.

The company prayed for divine blessings, joy, and fulfillment for all Muslim faithful celebrating Eid and wished them a peaceful and memorable celebration.

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RERAPAN CELEBRATES AMB. ENGR. (DR.) EMMANUEL ADEJIDE FAJUMO ON HIS BIRTHDAY

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RERAPAN CELEBRATES AMB. ENGR. (DR.) EMMANUEL ADEJIDE FAJUMO ON HIS BIRTHDAY

The Real Estate Reporters and Publishers Association of Nigeria (RERAPAN) has extended the association warm congratulations to Amb. Engr. (Dr.) Emmanuel Adejide Fajumo PhD, the Chairman, Oinz Homes and Properties Ltd on the occasion of his birthday celebration.

In a congratulatory message, Real Estate Reporters and Publishers Association of Nigeria praised Amb. Engr. (Dr.) Emmanuel Adejide Fajumo PhD, for his Outstanding dedication and immense contributions to the Nigerian Real Estate sector.

RERAPAN described the celebrant as a shining example in the business community, whose passion and commitment have left an indelible mark on the Real Estate Industry in Nigeria.

“You are indeed a source of inspiration to your generation and a shining example within the business environment”.

There is no doubt that you have written your name in gold and have revolutionized the Nigeria Real Estate Industry.

The National President of RERAPAN, Mr. Okpe Anthony Okpe further describe Amb. Engr. (Dr.) Emmanuel Adejide Fajumo PhD, the Chairman, Oinz Homes and Properties Ltd as the Most Media friendly and Philanthropic Real Estate Personality and Real Estate company in Nigeria.

RERAPAN offered prayers for good health, greater accomplishments, and many more remarkable years ahead for the business mogul.

Inconclusion, He also said RERAPAN looks forward to partner and have a cordial working relationship with Oinz Homes and Properties Ltd.

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