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ARAHA Summit Addresses Real Estate Knowledge Gaps

Business
Blueprint
ARAHA Summit Addresses Real Estate Knowledge Gaps

Ohimai Abraham, the Managing Director of Isuan Agro Estate Ltd, called on the government to improve infrastructure in rural areas to increase property values during an interview at the Land Bankers Summit themed "Land Banking- The Smart and Sustainable Path to Generational Wealth," held in Abuja. He stated that infrastructure is crucial for property appreciation and urged low-income earners and the middle class to change their perception of property ownership, suggesting that affordable land options exist in areas like Karshi.

Abraham noted that the summit aimed to address knowledge gaps and misinformation in the real estate sector, highlighting a lack of education and trust among Nigerians regarding real estate investments. Barrister Happy Byanyiko advised attendees on the importance of conducting due diligence before purchasing properties, recommending checks at NAGIS in Nasarawa or AGIS in Abuja to verify land registration and encumbrances.

She commended Abraham for his efforts to make land ownership accessible and affordable.

Plus234Feed summary based on reporting from Blueprint. Read the original report below.

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