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How To Fund Your Real Estate Investment Projects in Nigeria using these 6 key concepts

 Real estate development in Nigeria can be a lucrative business with the right funding and strategic thinking. There are six key ways to fund your real estate investment  in Nigeria: 1. from your own savings Most of the time in Nigeria, if you want to start a real estate business, you can fund it from your savings. that is if you have the capacity because it's not easy to get loans 2. flexibility from Payment Plans You may not be able to shell out millions immediately out of pocket but there are different payment plans you can take advantage of. After putting down a stipulated payment — a fraction of the cost, you can spread the remaining payments, for a month, three months, six, 12, 24, or even 2–4 years. Most times these come with a little interest attached after the third month, but some are even interest-free, up to 4 years! like Landwey’s development at Oworonshoki. 3. Loan from financial institutions Maybe not so popular with individuals but lots of Real estate developers an

How to Check the Quality of Cement in Nigeria

The construction sector is booming in Nigeria and the need for more construction materials like cement, sand and reinforcement is exponentially increasing.  As this materials demand is increasing, the quality is always tampered with. This article will show you simple ways to check the quality of cement.  1. Date of Packaging: Unlike wine, the strength of cement being used decreases with time. Cement should be used before 90 days from the date of manufacture. A year after manufacture, the strength of the cement is reduced by 40–50%. 2) Cement colour: Good cement is always uniform in colour. You can identify good cement by its gray colour with a slightly green shade. 3) moisture in cement: In cement, lumps are formed due to the absorption of moisture. Good cement has no lumps. 4) Temperature: If you push your hand inside a bag of good cement, you should feel a certain coolness. Bad cement feels warm in your hand. 5) Good quality cement floats in water for some time before sinking.

Price of roofing nail in Nigeria

  The prices of roofing nails depend on the sizes. There are different sizes of roofing nails which serve different purposes. Some examples include ½ inches, 1 inch, 1½ inches, 2 inches, 3 inches, 4 inches, 6 inches, zinc nails, concrete nails, etc. All the above-listed roofing nail sizes perform different functions during house roofing. The most commonly used for roofing of buildings are 2, 3, 4, 5 and 6 inches. Zinc nail  Zinc nails are mostly used to roof buildings with metallic zinc. Metallic zincs are old-fashioned  roofing sheets  and aren’t mostly used in modern-day’s roofing. A zinc nail looks like an umbrella, the idea behind that umbrella-like design is to avoid leakage. The current price of zinc nails is N3,500 per pack and N700 per kg Copper Nail Copper Nails have a very high resistance to corrosion, this is why it’s very popular and one of the most preferred in roofing projects. A kg of copper Nails costs about N700 naira. While the pack costs N3,500 and contains approxima

cost of construction wood and plank in Nigeria.

  The enormous uses of wood in Nigeria cannot be overemphasized. We use wood in furniture designs, the building of houses and other structures, etc. Wood in Nigeria today is of very good economic importance and contributes heavily to the economic growth of the country. The cost of wood depends on the type, either hardwood or softwood and also on the finishing. There are also different kinds of wood based on the finishing, they are; Plywood, 2 by 2 and 2 by 4 planks, facing boards, tie rods etc.   During roofing, hardwoods are always the best for roofing. There are many hardwoods available for roofing, the best among them is cedar woods. Cedar woods are strong, durable and have very high resistance to weather. Plywood  Plywood are finely finished woods used for beautiful constructions such as word-ropes, office tables, Chairs etc. There are two 4 different kinds of Plywood, they’re; MDF Plywood HDF Plywood Marine Plywood Ordinary Plywood The HDF Plywood are the product of composing extr

Price of Wire mesh in Nigeria

  Wire mesh is a net-like material (usually metallic) used extensively in construction works. It is a flexible and malleable   wire cloth   which may be woven or welded to a specified spacing or shape into a square or rectangle. They can easily be used in varying ways from   heavy-duty rigid screens   to  the  finest sheer gauze fabric . Of all materials used in its making, stainless steel remains the cheapest and most popular. In the construction industry, for example, British Reinforcement Company Ltd ( BRC ) has established its name as a founding manufacturer of wire mesh which is gainfully used in casting concrete for slabs, walkways, ramps, pavements or driveways. It is also called  welded steel wire mesh , thanks to its quick and less costly usage in place of rebar. Table of Wire mesh cost in Nigeria Mesh Sizes Thickness Current Price 40×2.1m BRC 4mm ₦18,000 3.7×1.2m Galvanized 2mm ₦4,500 20×2.1m BRC 3.5mm ₦18,500 2.4×1.2m Expanded mesh 4mm ₦15,000 3×2.4m Panel 4mm ₦57,000 46×1.2

cost of cement in Nigeria

  The rate at which cement prices in Nigeria change these days without prior notice, concerned Engineers, Builders Quantity Surveyors and Developers are left with no other option than to follow the trend of cost fluctuations so as to keep tenders and quotations current. This is because most of the houses constructed in Nigeria make use of a good number of cement bags from Substructure to Superstructure and this, therefore, contributes a reasonable quota to the cost of building projects today. In the Nigerian Architecture, Engineering and Construction (AEC) industry, the  most popular cement  produced by  top cement manufacturing companies in Nigeria  is the  Ordinary Portland Cement  and it is mostly used as a masonry adhesive or binding material in combination with fine and coarse aggregates in a given mix ratio to reduce the cost of Mortar used for moulding,  laying of blocks , plastering of walls etc or in Concrete for casting of beams, columns, slabs, pavements, embankments. It is

price of fine aggregate (sand) and coarse aggregate(stone)

  Sand is a prevalent building material that accounts for about 75% content of most buildings currently in Nigeria. Although the usage of its alternatives is there, they are not rampant compared to the application of soft and sharp sand in the moulding of blocks or bricks, Earth filling, laying of blocks, wall plastering and many other uses of this common building material in a typical construction project. On the other hand, stones or chippings as they are called are coarse aggregates which are more than 4.75 mm in diameter. They may come as gravel, cobbles or boulders. In a mortar, sand serves as a fine aggregate mixed with the binder (usually Portland cement or Lime) in a given ratio so as to provide the outcome with an adhesive surface area,  prevent it from cracking & shrinking and increase the volume so as to reduce cost. While concrete, it does more of the same work along with coarse aggregate (Gravel or Granite) and cement in a specified mix ratio which varies depending on