High financing, land costs driving housing deficit – UPDC CEO, Ojo - Punch Newspapers

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High financing, land costs driving housing deficit – UPDC CEO, Ojo

is the level of foreign investments in Nigeria’s real estate sector?

That is a huge opportunity for UPDC. We have always relied on our reputation and our reputation has always been about the quality of our delivery. We have never had a collapsed building. We have always followed the rules and ensured that our projects are delivered to quality and on time. However, it is not only for the government. Players like ourselves and core actors in this industry also have to do much. The professional bodies must also continue to advocate. From the Institute of Architects to the Institute of Builders, quantity surveyors, engineers, and surveyors. Every professional must make sure that their members are checked in terms of how they perform their duties on projects.

We do not want to hear about collapsed buildings in this country again. It is an indictment on key players like ourselves that we operate in an industry where there are still collapsed buildings in 2023.Real estate firm seeks to sustain revenue growth Developers also need a level of regulation so that in the future we know who is an expert and who is not.

 

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