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Nairaland Forum / Nairaland / General / Properties / Can 10M Naira complete a housing project(land Inclusive)? (35255 Views)
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Re: Can 10M Naira complete a housing project(land Inclusive)? by Badekz: 11:08am On Apr 14, 2023 |
Yes but depends |
Re: Can 10M Naira complete a housing project(land Inclusive)? by chicoMX(m): 11:08am On Apr 14, 2023 |
It depends on the project you have in mind, and quality/type of materials you intend to use. |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Mogajunior(m): 11:08am On Apr 14, 2023 |
I have a building project yet to be completed for over 5 years now. It is a 3-bedroom bungalow. Please any suggestions on how I can raise funds for the completion will be appreciated. |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Rubbiish(m): 11:08am On Apr 14, 2023 |
Fabroxzo:Duplex for 15.5m in this current Nigeria?? You must be very funny 4 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by madampresh(f): 11:09am On Apr 14, 2023 |
10 million can make a good 2 bedroom bungalow apartment. |
Re: Can 10M Naira complete a housing project(land Inclusive)? by olorundipe9090: 11:10am On Apr 14, 2023 |
Hit me up on whatsap for more details 08134055363 I'm a Qs. Thanks. engrrichie92: |
Re: Can 10M Naira complete a housing project(land Inclusive)? by dotun4luv(m): 11:10am On Apr 14, 2023 |
No, not a Nigeria of today. For a modest 3 bedroom with big master's bedroom and all ensuit you will probably need like 20m... NB: Gerard roofing sheet Parapet POP Fencing Electric security wire Plastering And others ... 6 inches block is around 300 while 9 inches is 400+. Based on calculations, you will need like 4k+ for a modest 3bedroom with all facilities and at least 1500 blocks for your fence if not perimeter fencing. We haven't talked about sharp sand, German floor, and others. 6 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Fidelismaria: 11:10am On Apr 14, 2023 |
Laple0541: Haba! 10 million just for roof? No be skyscraper op wan build na. 16 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Nice2023(m): 11:10am On Apr 14, 2023 |
Laple0541: Lies. 7 Likes 2 Shares |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Reference(m): 11:10am On Apr 14, 2023 |
Just make sure cost first principles will not lead to the kind of tragic incidents that we unfortunately see all over Nigeria. The quantity surveyor/cost controller should never take the lead on any project. Oga, don't start this way. You are setting up yourself for a lot of compromises in a highly inflated, fast price rising economy. You will end up taking serious risks. 5 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Jorge91: 11:10am On Apr 14, 2023 |
engrrichie92:it can’t build shit, cost of materials have skyrocketed, in 2015 we used 6m to build 4 bedroom bungalow with finishing touches. Forget ogun state, use that 10m to purchase land along lekki epe express, from sango tedo to ibeju lekki that’s a fast developing area. Then hustle more while u build your house little by little. Don’t build where u will regret in future. 4 Likes 2 Shares |
Re: Can 10M Naira complete a housing project(land Inclusive)? by BreconHills(m): 11:11am On Apr 14, 2023 |
Fabroxzo: What's your understanding of duplex? Is this what you mean or is it something else? "A duplex is a multi-family home that has two units in the same building. These two units always share a common wall, but the floor plan can vary. Units can be arranged either side by side or stacked on top of one another, each occupying an entire floor or two of the building" NGN 15m? You stand by that? |
Re: Can 10M Naira complete a housing project(land Inclusive)? by DantataJR: 11:11am On Apr 14, 2023 |
Billionaire2:The internet is not a good place 2 Likes 1 Share |
Re: Can 10M Naira complete a housing project(land Inclusive)? by kelvincoke(m): 11:13am On Apr 14, 2023 |
ZACHIE: He did not specify his taste for proper discussion |
Re: Can 10M Naira complete a housing project(land Inclusive)? by yesloaded: 11:15am On Apr 14, 2023 |
Rubbiish: It's possible excluding land but na mini duplex e go be sha o cos e dey chop iron rod & cement to make it solid |
Re: Can 10M Naira complete a housing project(land Inclusive)? by chccho(m): 11:15am On Apr 14, 2023 |
engrrichie92:Yes it should as long as u make it simple and u cut your coat to size. Don't build a duplex instead go For a 2bedroom bungalow, (if u are lucky u can get 3rooms) Also u don't need a full plot of land, half plot in Epe, Ikorodu, Badagry,Ijebu Ode, Imota and all these outskirts areas of Lagos will do. Keep it simple and realistic and u 10million can do |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Horbar1: 11:15am On Apr 14, 2023 |
Billionaire2:You're a ba**d person. 1 Like |
Re: Can 10M Naira complete a housing project(land Inclusive)? by QuinModah(f): 11:16am On Apr 14, 2023 |
Yes, 10m would go a long way in building part of it, then u can complete the rest from the rent |
Re: Can 10M Naira complete a housing project(land Inclusive)? by etimism1981: 11:16am On Apr 14, 2023 |
For All Your Buildings Project consult us GCC Building Constructs Limited for Building all building construction, plans, guide and Site Management. We have handled many project and cost management. We also affordable, we always arrive on agreed amount. Whatsapps: 08093065609 |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Jokerman(m): 11:17am On Apr 14, 2023 |
It's feasible inside inside Ikorodu e.g Saw Doctor, Maya areas.... Get half plot at 1M/2M . Pay LASPPA, LABSCA and Safety Fees= 500K at least Do your survey plan with the given family receipt (You can do provisional survey); and then get an architect to design your bungalow = 200k Use the rest for your bungalow building. Buy your materials yourself. Only pay Engineers supervisory fees 3 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by lordm(m): 11:18am On Apr 14, 2023 |
Laple0541:that's not true. 1 Like |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Jokerman(m): 11:19am On Apr 14, 2023 |
dotun4luv: Lol... no kill the guy |
Re: Can 10M Naira complete a housing project(land Inclusive)? by highchief1: 11:19am On Apr 14, 2023 |
Fabroxzo:u ppl should stop all this nonsense.what type of duplex will 15m build.na so una go go involve person finish come make person Dey stuck.Do u know how much a good floor costs?I spent over 2m on my compound floor alone 3 Likes |
Re: Can 10M Naira complete a housing project(land Inclusive)? by saydfact(m): 11:19am On Apr 14, 2023 |
what type of housing project /? |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Pacyrus(m): 11:20am On Apr 14, 2023 |
1 Like |
Re: Can 10M Naira complete a housing project(land Inclusive)? by lamalang(m): 11:21am On Apr 14, 2023 |
yes, |
Re: Can 10M Naira complete a housing project(land Inclusive)? by saydfact(m): 11:22am On Apr 14, 2023 |
engrrichie92: HI. You'll need to be specific about the type of housing you're looking at. And since its land inclusive - you'll need to deduct the cost of the land yourself (and leave just the building budget for debate). from experience I THINK ..... (let me hold that thought for now). Check my various thread for help 1 Like |
Re: Can 10M Naira complete a housing project(land Inclusive)? by popesco123: 11:23am On Apr 14, 2023 |
Can it build 4 bedroom bungalow? quote author=mployer post=122507759]Yes Buy land 3m in Ikorodu, use 5m build. Keep your 2m.[/quote] |
Re: Can 10M Naira complete a housing project(land Inclusive)? by highchief1: 11:25am On Apr 14, 2023 |
Rubbiish:the guy is mad bros.he doesn’t understand that miscellaneous alone may take 5m 1 Like |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Voiceofthestree: 11:25am On Apr 14, 2023 |
Mogajunior: Ritual might help |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Voiceofthestree: 11:26am On Apr 14, 2023 |
Mogajunior: Ritual might helpf |
Re: Can 10M Naira complete a housing project(land Inclusive)? by Isobug: 11:26am On Apr 14, 2023 |
Fabroxzo:Duplex? |
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