The CEO of the Pelican Valley Nigeria Limited, Dr. Babatunde Adeyemo, has prepared intending real estate investors on easy Budgeting for real estate ahead of the in coming new year and beyond to ensure both clear understanding of the issues involved and a successful foray into estate business.
The preparation which came by way of free e – tutorial, tagged, “Real Estate Advisory Freestyle” featured the realtor deploying unscripted and unedited short videos, and leveraging on the backdrops of most of his successful building projects that are by themselves, testimonials on aesthetics and architectural wonders
as discussion references.
Through the initiative, the multiple awards winning real estate practitioner, enlightened the intending real estate investors and simplified the budget analysis and major key process to have easy access to a successfully developed estate within a short period.
He emphasised the importance of projection and land banking to successful investment in real estate business, noting that the majority of people don’t know how pertinent projection and land banking is to real estate development.
He contended that it is necessary to do land possession in Nigeria’s real estate development terrain.
He also argued that even with Certificate of Occupancy (C of O), it is pertinent to do land possession in Nigeria, stressing that without doing Land possession, it is as good as one not having a landed property.
Adeyemo advised anyone desirous of building a house in the next four years to go secure a land now, noting that land appreciates every year.
“If you buy land at the rate of 3 million naira in 2022 in the next three years you can’t buy it for less than 5 million naira and in most cases, you can even buy it at N10 million naira.
“So, if you are projecting to build a house in the next two to three years, the best time to buy the land is now,” he said.