“HIRART INT’L’s Strategy officer & Cofounder clearing the air on the technicalities of Real estate investment in Lagos. Especially the developing areas of Ibeju-Lekki & Epe”.

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The strategy officer & Co-founder of Hirart Int’l ( Yusuf Wahab ) was invited to address the audience at the recent annual seminar of the “Lagos state cooperative federation” LASCOFED, held at their head office in Lagos.
Speaking at the event, he mentioned the fact that a large number of the well-to-do Nigerian population have in the past years cut the bug of real estate investment as a way of kick-starting their wealth creation journey. He also mentioned that the Diaspora Nigerians are also not left out as very huge portion of Diaspora Remittances have been going into real estate investment. But the unfortunate thing is that most investors in Lagos real estate especially people seeking affordable investments have been ignorantly losing their hard-earned money.
Fielding question on the challenges faced before the advent of Hirart Int’l, Yusuf enplaned that the real estate business in Nigeria is faced with a lot of wrong doings like investors buying Govt committed zones, the genuiness of documents given to investors after purchase like the Survey document and several other issues.
He shared a recent experience at their office of a client who wanted to perfect the Title of some landed properties she keyed into few years ago in Lagos, but sadly after they started the process, it was realised that 4 out of the 5 properties were Government Committed zones which simply means no return on investment and what she has been seeing as an Investment over the years is not an Investment at all.
He further reminded the audience of the recent demolishions in Lagos state and explained that it all started like this, because the very Scarry thing about buying a Government committed zone is that Government won’t come for such land immediately, its until there is a need for it before they do. And its only those that have made efforts towards perfecting their title that would have figured out the actual status of what they call an Investment or those who probably did proper due diligence before buying the property at all.
“We guarantee value for every of our client’s money. Hirart Int’l is set out to let investors own genuine properties affordably and also get access to title perfection while the affordability status is maintained. Real estate is the new oil, and we assure our clients of top quality services”, Yusuf added.

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