E DEPARTMENT OF ESTATE MANAGEMENT

AN ASSESSMENT OF THE IMPACT OF PRIVATE LAND ACQUISITION ON LOCAL COMMUNITIES: A CASE STUDY OF ILAMIJA NLA COMMUNITY, LAGOS STATE.

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Abstract
This study examined the level of involvement of occupants of the ilamijanla community of Lagos state on the private acquisition process of land, the satisfaction level of the occupants and the factors influencing the occupants’ satisfaction level. The study selected 155 houses systematically from the 310 houses in the community. Data centered on the objectives of the study were collected using self-administered questionnaire. The results were analyzed with the aid of simple descriptive statistics. The result shows that the occupants are rarely involved in most of the acquisition process. The community heads are at the center of the dealings with private investors who acquire lands and these results in low level of satisfaction of the respondents on the acquisition process.
The primary influencing factors on occupants’ satisfaction include minimization of delays, demonstration of credibility in the acquisition process and clarity and fairness of laws guiding the acquisition process. The study advocates improved community participation in land acquisition process to foster smooth transfer of interests.
Supervisor(s)
co-supervisor

ANALYSIS OF FACTORS INFLUENCING RESIDENTIAL PROPERTY VALUES IN MAITAMA AND MARABA, FCT ABUJA, NIGERIA

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The study examines the factors influencing residential property values in Maitama and Maraba Abuja Nigeria, as the capital city has experienced rapid urbanization and population growth, leading to increased demand for housing and fluctuations in property values.Using a mixed-methods approach, including quantitative analysis of property sales data and qualitative investigation through a questionnaire, this research aims to identify the key trends and drivers shaping residential property values in Abuja. Factors such as location, infrastructure development, socio-economic characteristics, and government policies will be explored to understand their impact on residential property values in the study area. The findings of this study are expected to provide valuable insights for policymakers, real estate developers, and investors in navigating the Abuja residential property market and making informed decisions. The findings of the study have indicated that variables that mainly influence the value of residential property in the study area are: location, cost of construction; type of structure/quality of facilities; the average number of rooms; change in maintenance cost; title/size of the land; neighborhood attributes and characteristics; inflation impact; size and structural characteristics and state of supply in the property market. The study concludes that location remains paramount. Properties near essential amenities, business districts, and transportation hubs command premium prices. The state of the economy significantly influences property values. Economic stability fosters investor confidence and stimulates demand. Quality construction materials and finishes justify higher prices, emphasizing the importance of well-built homes.
Supervisor(s)
co-supervisor