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UNDERSTANDING CONSTRUCTION STANDARDS AND REGULATIONS IN ABUJA’S REAL ESTATE MARKET. In Abuja's dynamic real estate landscape, an investor’s or buyer’s journey doesn’t end with location or financing—it goes right down to the structural and regulatory integrity of every building. Whether you’re buying or investing, it’s essential to grasp Abuja’s construction standards and regulatory frameworks, as these not only ensure legal compliance but also protect the value and longevity of your investment. 1). Navigating Local Regulations with the Abuja Metropolitan Management Council (AMMC Abuja’s construction sector is governed by the Abuja Metropolitan Management Council (AMMC), which upholds specific guidelines to maintain the city’s aesthetic and structural integrity. From zoning restrictions that outline permissible land uses to strict building codes that address everything from materials to safety measures, these regulations are designed to preserve the city’s orderly development. Ensuring compliance with AMMC guidelines can prevent costly delays or legal issues down the road. 2). Quality and Sustainability: Growing Demands in Abuja As buyers and investors become increasingly aware of environmental impact, the demand for sustainable and energy-efficient buildings in Abuja is on the rise. Green building practices, which reduce carbon footprints and minimize resource consumption, are not just a trend—they’re shaping the future of real estate. For investors, this means sustainable projects can provide a competitive edge and even attract premium clients. 3). Why Standards Matter for Long-Term Value. Investing in properties that meet Abuja’s construction standards isn’t just about legal compliance; it’s a matter of asset value and durability. Properties built to code are generally more resilient, minimizing risks like structural failures and repair costs, which can devalue your investment over time. In a market where property value is tightly linked to quality, it’s clear that standards aren’t just about the present—they’re an investment in the future. 4). For Buyers and Investors: Making Informed Choices Whether you’re a buyer looking for a home or an investor aiming to maximize returns, understanding Abuja’s building standards is fundamental. It ensures not only peace of mind but also positions you to capitalize on the quality and potential of your investment. In a city where innovation meets regulation, knowing the lay of the land in construction standards can make the difference between a good deal and a great one. I've noticed that for better investment security in abuja or owning a home that won't be a disaster in the future, Sylvastar Group SYLVASTAR RESIDENCES is my best recommendation.

Bricks are a durable building material used in construction. They are made from clay or concrete and come in different sizes and shapes. Bricks are important because they are strong, long-lasting, and fire-resistant. People have been using bricks for thousands of years to build houses, walls, and even bridges. They are easy to stack and arrange, and when combined with mortar, they form solid structures that can stand for many years. some important of bricks in Nigeria 1. Affordability 2. Durability 3. Local availability 4. Cultural relevance Because of these few reasons, bricks remain a vital part of construction across Nigeria, providing a practical and sustainable building solution to every one who desires a home and office.

Investments in building construction increased slightly by 0.2 per cent to $12 billion in August, according to Statistics Canada. This comes after a decrease of 1.6 percent in July. Despite the slight increase overall, investments in residential building construction fell by 0.1 per cent in August. Monthly decreases were recorded in four provinces, led by Quebec (down $126.4 million). On the non-residential side, investments rose 1.0 per cent to $6.4 billion in August, marking a record high level for the sector.

Khomasdal, Wanaheda take lead in construction activities: Windhoek has been recorded to have completed the most building projects in Namibia in April, with the majority of construction activities occurring at Khomasdal and Wanaheda. According to a report on building statistics by Simonis Storms Securities, building projects to the value of N$108,8 million were completed in Windhoek and Swakopmund in the month of April. “Windhoek recorded 175 completed projects in April 2024, valued at N$58,2 million, marking the highest monthly figure since the 178 projects completed in February 2022,” says the report. This is an increase from the 31 projects completed in March 2024 and the 54 completed in April 2023. According to the report, City of Windhoek officials are currently conducting follow-up inspections throughout Windhoek to assess the completion status of properties. “As a result, we can anticipate further increases in the number of completed projects over the coming months,” says the report. In Swakopmund, 153 projects valued at N$50,6 million were completed. “This is a significant increase from the 30 projects completed in March 2024 and the 36 in April 2023,” says the report, adding that the completed projects included new residential houses, additions and alterations and new flats. “There’s been an 18,6% year-on-year increase in approvals so far this year, which translates to an average of 205 approvals per month, compared to 199 last year,” reads the report. However, the number of new plans submitted has decreased. “Windhoek received 687 plans year-to-date, down from 763 last year,” says the statement. Swakopmund has seen a similar trend, with only 184 plans submitted so far in 2024. According to the report, this decline could be attributed to a tough economy or rising construction costs that could be discouraging new projects. A report by the Namibia Statistics Agency (NSA) on buildings completed says the construction sector faced a monthly decline of 30,6% in December. “Additionally, market saturation from previous construction activity might reduce the demand for new projects,” says the report. However, it also says the backlog of older plans submitted to municipalities seems to be clearing up. “Despite the decreased submission rate, the municipality’s efforts to clear the backlog resulted in a temporary spike in approvals,” says the report. It further says the delay in building plan approvals can be attributed to plans being returned to the municipal office. “This typically occurs when the original applicant has obtained the required funding to advance their project or when a property changes ownership, and the new owner intends to proceed with plans initiated by the previous owner, according to the City of Windhoek. This dynamic adds another layer of complexity to the approval process and necessitates diligent tracking and management by…

The cost of house construction can vary greatly depending on several factors such as: 1. Location (urban, rural, or remote) 2. Size of the house (square footage) 3. Type of materials used (local, imported, standard, or luxury) 4. Design complexity (simple, modern, or custom) 5. Labor costs (local, contracted, or company-hired) Based on the post, CJIBUILD seems to offer a comprehensive construction service, including materials, labor, and logistics. However, the cost is not specified. Here are some rough estimates for construction costs in Australia (varies by state and region): - Average cost per square meter: - Basic/standard: $1,000 - $1,500 - Mid-range: $1,500 - $2,500 - Luxury: $2,500 - $5,000 - Average cost for a small house (e.g., 2-bedroom, 80-100 sqm): - Basic/standard: $80,000 - $150,000 - Mid-range: $120,000 - $250,000 - Luxury: $200,000 - $500,000 Please note that these estimates are rough and may not reflect the actual costs for your specific project.If building in Zambia,convert AD$ to ZMW Would you like me to ask the team at CJIBUILD for a more detailed quote or information on their construction costs? All reactions: 6 Joyce Kaluwasha, Annie Syabwazunga and 4 others

Last year, Ukraine’s construction volume increased by 22.6%. According to 2023’s results, the volume of construction works in Ukraine increased by 22.6% in real terms, according to data from the State Statistics Service. The greatest growth was recorded in infrastructure construction (power grid, transport facilities, etc.). Its volume increased by 32.9%. Non-residential construction (office real estate, retail establishments, hotels, etc.) grew by 20% last year. On the contrary, residential construction decreased by 4.6%, and the trend is downward: In the last month of the year, the decline in this sub-sector was 13.3% in annual terms. Despite significant growth in 2023, construction volume will still be only 43% of the pre-war level (the decline in 2022 was 65%). Despite the war, Ukraine's residential real estate market continues to work, but the market’s geography has changed. In 2021, most apartments were built in Kyiv and the region, as well as the Odesa, L’viv, and Kharkiv regions. According to the results of 2023, the five leaders are as follows: Kyiv, Kyiv region, Vinnytsia, Lviv, and Ivano-Frankivsk regions. https://lnkd.in/dx_xUPNt

The value of Saudi Arabia’s construction sector output increased by 4.3% year-on-year to $141.5 billion in 2023. Knight Frank anticipates that Saudi’s construction output value will reach $181.5 billion by 2028, with a similar breakdown of sectoral contributions, according to Knight Frank’s latest figures. The residential sector received the highest awards, totaling $43.5 billion, with projections to reach $57 billion by 2028. This is followed by the energy and utilities sector, which secured $35 billion and is expected to increase to $46.5 billion in the same period. Currently, construction costs per square meter range between $1,026 and $2,700 (SAR 3.8k and SAR 10k), making Riyadh the most expensive city in the Middle East for real estate construction. Real estate has been the primary driver of inflation in the Kingdom, with rental prices rising by 10.5% year-on-year in May. The growing demand for office space, fueled by Saudi Arabia’s regional headquarters program, is pushing prices higher as the supply remains insufficient. Riyadh led with 38% of existing contract awards, totaling USD 54 billion, followed by Makkah and Tabuk with around $28 billion each. Construction in Riyadh is set to grow, with Saudi Vision 2030 planning $229 billion in real estate development, including 20,000 hotel keys, 241,000 residential units, and 6.4 million sqm of office and retail space. Since its inception in 2016, Saudi’s Vision 2030 has surpassed a budgeted value of $1.3 trillion. Currently, 55% of this, amounting to $692 billion, is under construction across 25 megaprojects.

Good news on the residential construction front as more homes were approved in Victoria in February than the previous month, according to the latest data from the Australian Bureau of Statistics (ABS). There was a 2.1% increase in the total number of dwellings approved, to 3,786: * Approvals for houses rose 13.0% to 2,740 * Approvals for other dwellings (such as apartments and townhouses) fell 18.5% to 1,046 But, there is still cause for concern about Victoria's pipeline of future homes, as approvals in February were 7.5% lower than the same time last year.

Your building collapsed or cracked because you ignored this: Thinking of starting your construction project? Wait! until you've digested these crucial insights tailored for you: 👷 Solid Plans: Just like a sturdy foundation supports a house, detailed plans are key. Before swinging your hammer, ensure your blueprints are thorough and precise. 👷 Quality Materials: Your building's strength depends on the materials you use. Opt for durable options like quality cement, reinforced steel, and weather-resistant bricks to withstand Nigeria's diverse climate. 👷 Follow Regulations: Don't risk delays or fines. Familiarize yourself with local building codes to ensure your project complies with Nigerian regulations. 👷 Safety Precautions: Construction sites can be dangerous. Prioritize safety gear and proper equipment to protect yourself and your team from accidents. 👷 Budget Wisely: Keep your project on track by budgeting carefully. Account for material costs, labor, and unexpected expenses to avoid financial headaches. 👷 Inspection Ready: Before celebrating completion, undergo thorough inspections to meet Nigerian standards for safety and quality. 👷 Sustainable Solutions: Future-proof your building by incorporating eco-friendly practices like rainwater harvesting and energy-efficient design to combat Nigeria's environmental challenges. P. S Remember, successful construction in Nigeria isn't just about bricks and cement. It's about careful planning, adherence to regulations, and a commitment to quality that lasts for generations. Ready to take the first step? Reach out to Engr Stevooo today and let's make your vision a reality. If you feel any part is missing, drop your contribution in the comments.

MY COLUMN in today @StandardKenya on why there is inexorable decline in the construction sector. Below is the full article. https://lnkd.in/dx9uGanA