{"id":7601,"date":"2017-12-25T04:08:49","date_gmt":"2017-12-25T04:08:49","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/lagos-plans-to-reduce-fraud-in-real-estate-sector\/"},"modified":"2020-03-27T00:39:04","modified_gmt":"2020-03-27T00:39:04","slug":"lagos-plans-to-reduce-fraud-in-real-estate-sector","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/lagos-plans-to-reduce-fraud-in-real-estate-sector\/","title":{"rendered":"Lagos plans to reduce fraud in real estate sector"},"content":{"rendered":"

\"Prince<\/p>\n

\n
Faced with concerns on the activities of land grabbers, Lagos State government has pledged to bring to the barest minimum illegal and fraudulent activities in the real estate<\/a> sector.<\/p>\n

Lagos Commissioner for Housing<\/a>, Prince Gbolahan Lawal, who disclosed this at the second Real Estate<\/strong> Stakeholders\u2019 Forum in Ikeja, said the state would not tolerate activities of fraudulent real estate agents<\/a> because matters of real estate are of great concern to the government.<\/p>\n

While expressing worries over the rising housing deficits in the state, Lawal noted that the authorities plans to reduce housing deficits, which has hit the three million mark, by providing 20,000 housing units in the next four years.<\/p>\n

He pleaded with stakeholders in the real estate industry to cooperate with the government to make Lagos investors\u2019 friendly.According to him, the fact that Lagos is Nigeria economic hub has made it susceptible to influx of people, which in turn put continuous pressures on the state\u2019s infrastructures.<\/p>\n

To reduce
\nThe commissioner stressed that about 87 people enter Lagos per hour on daily basis, which has led to unusual pressure on land and housing infrastructural facilities. \u201cThis, has led to inadequate housing and increasing number of slums in the state. \u201cToday, the state has about three million units of housing deficit\u201d, he said.<\/p>\n

The commissioner further disclosed the appointment of facilities managers for both old and new housing estates, stressing that with such appointments, the tide of continuous depreciation in values of such houses<\/a> would be stemmed.Also Governor Akinwunmi Ambode\u2019s special adviser on housing, Mrs. Adebimpe Akinsola, decried the negative effect of fraudulent practices in Laagos\u2019 real estate sector.<\/p>\n<\/article>\n



<\/p>\n<\/div>\n

Guardian <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Faced with concerns on the activities of land grabbers, Lagos State government has pledged to bring … Lagos plans to reduce fraud in real estate sector<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7602,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[695,4751,132,516,205,561,617,489,344,684,522,41,818,84,385,513,1429,857],"class_list":["post-7601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-agent","tag-amazing","tag-commission","tag-estate-agen","tag-estate-agent","tag-estate-agents","tag-house","tag-houses","tag-housing","tag-lagos","tag-nigeria","tag-property","tag-real","tag-real-estate","tag-real-estate-agent","tag-real-estate-agents","tag-real-estate-industry","tag-real-estate-sector"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/12\/Prince-Gbolahan-Lawal.jpg?fit=640%2C361&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":9633,"url":"https:\/\/amazingproperty.com.ng\/blog\/operators-chart-course-for-real-estate-sector-urge-regulation\/","url_meta":{"origin":7601,"position":0},"title":"Operators chart course for real estate sector, urge regulation","author":"Amazing Property","date":"November 4, 2019","format":false,"excerpt":"Sanitising the estate sector, they said, will require collaboration between government and professionals in the built environment. The stakeholders, who spoke at one-day stakeholders engagement forum by the Lagos State Real Estate Transactions Department (LASRETRAD), in Lagos, expressed dismay over the non regulation of the real estate sector, saying it\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Lagos 1.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2019\/11\/Lagos-1.jpg?fit=1200%2C674&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2019\/11\/Lagos-1.jpg?fit=1200%2C674&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2019\/11\/Lagos-1.jpg?fit=1200%2C674&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2019\/11\/Lagos-1.jpg?fit=1200%2C674&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2019\/11\/Lagos-1.jpg?fit=1200%2C674&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5912,"url":"https:\/\/amazingproperty.com.ng\/blog\/experts-advocate-national-estate-agents-registration-board\/","url_meta":{"origin":7601,"position":1},"title":"Experts advocate national estate agents\u2019 registration board","author":"Amazing Property","date":"August 28, 2017","format":false,"excerpt":"Following the phenomenal growth and high number of unlicensed persons operating as estate agents, defrauding the public and the government, experts have called for the establishment of an Estate Agents Registration Board (EARB). Following the phenomenal growth and high number of unlicensed persons operating as estate agents, defrauding the public\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"estates.jpg","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/estates.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/estates.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/estates.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/estates.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/estates.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":7711,"url":"https:\/\/amazingproperty.com.ng\/blog\/lagos-redesigns-ilubrin-housing-estate-scheme\/","url_meta":{"origin":7601,"position":2},"title":"Lagos redesigns Ilubrin housing estate scheme","author":"Amazing Property","date":"January 8, 2018","format":false,"excerpt":"Lagos State Governor, Mr. Akinwunmi AmbodeAfter being abandoned for close to two years, the Lagos State Government has began moves to jump-start the Ilubrin Housing Scheme, following its redesigning and investors plan to inject private capitals into the project. 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The stakeholders met at a two-day Lagos Real Estate Market Place Conference and Exhibitions, the first of its kind\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Lagos real estate market","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/12\/TOKE-BENSON-AWOYINKA.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/12\/TOKE-BENSON-AWOYINKA.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/12\/TOKE-BENSON-AWOYINKA.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/12\/TOKE-BENSON-AWOYINKA.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2020\/12\/TOKE-BENSON-AWOYINKA.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=7601"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7602"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}