Born2conquer:
but underdeveloped estates

Sometimes, I do have a feeling all these estates are fronts for money laundering, they kept buying lands in HECTARES, Build gigantic FENCE and gate house, sign celebrities as ambassadors and before you know it, the CEOs have started driving Gwagon and lexus 570 with them receiving numerous accolades and awards but guess what?

The estates are mostly empty! We have several of such hyped estates in ogun state with no development happening in the estates for years apart from the Gate house, drainage and fence done.

Badgers14:


Thanks for the update.

If you wouldn't mind to share the size of this build (area of installation) and total cost both labor and materials..

I know many people , me included would like to see a comparative analysis... comparing this to our plastering, screeding, painting etc...

Note

* A drum of Emulsion Paint (budget paint) costs around 7k now. I’ll budget 2.5 drums for good coverage considering it’s a wall that hasn’t been painted before. Cost includes labour and other materials.

** 1 sqm of wood finish tiles would cost around 6k (cheapest) multiplied by 50sqm would cost over 300,000. Installation materials (cement + sand) and labour charge would cost nothing less than 1,500 per sqm

Badgers14:


Quick note tho, in your picture it appears that there was a board like structure just behind where the actual siding/cladding was being installed?
I thought the cladding went on directly on the exposed block work.

n3xt:


The installation was done directly on the wall.

Badgers14:


The walls appear to be plastered?

n3xt:


Well, it was an afterthought. The wall doesn’t need to be plastered.

I’m actually doing this to spice up a drab facade.

twinskenny:


Yes Simawa the place is fully developed o!! Was there 8 years ago but now all plots has been filled up …

Born2conquer:
but underdeveloped estates

Sometimes, I do have a feeling all these estates are fronts for money laundering, they kept buying lands in HECTARES, Build gigantic FENCE and gate house, sign celebrities as ambassadors and before you know it, the CEOs have started driving Gwagon and lexus 570 with them receiving numerous accolades and awards but guess what?

The estates are mostly empty! We have several of such hyped estates in ogun state with no development happening in the estates for years apart from the Gate house, drainage and fence done.

opes:


Please, what is the current price of 2.5mm plate sheet now? 3ft x 8ft dimension

n3xt:
Request!!!

I’m offering N1.6m for this carport. Ready to pickup if you can deliver within Lagos.

Size - 2 Cars

Call or Whatsapp +234 80 234 29 122

Thanks.

michlins:
see eh. With the number of estates propping up everywhere, Nigeria shouldn't have housing shortage or at least it won't be this bad.

But we see the reality

n3xt:
#DrabToFab

>> Security Haus “Ilé Ode” by NextHome

When the request is “Wow me”

Nezzjnr:

Lekki should be the HQ

Buy 5 plots and get one for Free

michlins:
complete 2.5mm checkered plate is ~60,000 and plain pan is ~55,000.

Kindly note that this is Nnewi price and the correct dimensions is 8ft by 4ft.

Good morning and enjoy your day

modified

I just spoke with the oga who told me it's 55,000 and 53,000 respectively. My earlier price was given to me by the "Nwa boy"

n3xt:


I’m still looking for this.

Nezzjnr:

Since its close to Redemption camp.

It surely has to be developed .

I guess this particular one is the City of David Phase 2

rotecch77:


This 4 sekuriti houz

Opoo

EgunMogaji2:
I screwed up on something and I want to see if it’s correctable.

I mistake told my Mason to polish the face of my ramp instead of doing a broom finish. It’s now slippery.

What’s the easiest way to recover?

Thanks.

EgunMogaji2:


And 50% promos,

twinskenny:
yes o

Person2person:


0802 394 2137 call this person, he might help and remember to do your due diligence.

Nezzjnr:

Lekki should be the HQ

Buy 5 plots and get one for Free

Badgers14:


Surprise surprise?

Many of them in Abuja as well

michlins:
see eh. With the number of estates propping up everywhere, Nigeria shouldn't have housing shortage or at least it won't be this bad.

But we see the reality

Born2conquer:

Lekki is still even better, at least lekki is developing

The vacant lands all in the name of estates in Abeokuta is too much! Yet you will hardy see any sign of development or people building in the massive gated lands called Estates.

Adrons home is all over Abeokuta but I can tell you most of the estates are empty.

What about sweet estates? Sweet estates spoilt lands for people in mawuko area of Abeokuta, man bought lands all over mawuko (over 500 acres) and left it undeveloped now the majority of mawuko is loooking like a forest because a single company bought in excess but refused to develop.

Several other estates like that, I believe Government should regulate them and give them timeframe to make sure lands become developed

Nezzjnr:

Government can't regulate any sector that's of great benefit to them.

Let me tell you the Tricks these guys use in Luring people.

They use Ogun state... Oyo... Ondo... Ilorin respectively.

All these States that I've mentioned have a large number of Farmlands that are way too cheap.. In Ogun state... An Acre goes for 300k-500k..Oyo is 70k-200k for an acre same with other states.

So these Real Estate owners make use of that Opportunity and buy a large number of acres at a reduced price(If you are buying more than 50...the price will be reduced).

Once they purchase those lands.. They'll erect a Wonderful and Attractive gate ...

When they're done... They sell a plot for 3-5m

.

The business is very lucrative ooo.

Just have sweet mouth... A Nice Media Team

You don hammer

Nezzjnr:

Close to Trade Fair Zone... Dangote Refinery and the New International Airport location

Coupled with Pan Atlantic University

Born2conquer:

Exactly and they lure people by saying “the price will be appreciating by over 100% in 6 months”

Hence people rush in to buy with the hope to sell at 100% ! Means, most people buying are not looking to build or erect or structure but just to also make gains.

I follow some estates pages and I keep seeing “appreciating by 50% in october, buy now” and I wonder, why is it increasing? Any new development? Are people building? Is there any industry around? No! Just the developers creating artificial inflation.


Everybody na crook