A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
The Impact of Infrastructural Facilities on Residential Property Development in Ota, Ogun State Nigeria
There has been growing financial investment interest in infrastructural facilitiesdespite the security and economic situation in Nigeria. However some cities are growingfaster than others. The current paper attempts to assess the impact of infrastructuralfacilities on residential property growth in Ota, Ogun State with a view to having adeeper knowledge of residential property development growth in the study area. To attainthis, questionnaires were distributed to registered estate surveying and valuation firms inOgun State. Also, personal in-depth interviews were conducted. Questionnaires were alsoadministered to 89 randomly selected clients of the estate surveying and valuation firms‟management portfolio in the study area with a 74% retrieval rate. Data gathered wereanalysed using frequency distribution tables and component bar charts. The study showedthat the provisions of infrastructure like industries, educational institutions and roadswere major contributors to property growth in the study area. The study recommends thatthe State government needs to monitor the proper maintenance of the provided facilitiesand invest more on infrastructure in the years ahead.Keywords: Property growth, infrastructural facilities, land acquisition, Ota.
The Impact of Infrastructural Facilities on Residential Property Development in Ota, Ogun State Nigeria
There has been growing financial investment interest in infrastructural facilitiesdespite the security and economic situation in Nigeria. However some cities are growingfaster than others. The current paper attempts to assess the impact of infrastructuralfacilities on residential property growth in Ota, Ogun State with a view to having adeeper knowledge of residential property development growth in the study area. To attainthis, questionnaires were distributed to registered estate surveying and valuation firms inOgun State. Also, personal in-depth interviews were conducted. Questionnaires were alsoadministered to 89 randomly selected clients of the estate surveying and valuation firms‟management portfolio in the study area with a 74% retrieval rate. Data gathered wereanalysed using frequency distribution tables and component bar charts. The study showedthat the provisions of infrastructure like industries, educational institutions and roadswere major contributors to property growth in the study area. The study recommends thatthe State government needs to monitor the proper maintenance of the provided facilitiesand invest more on infrastructure in the years ahead.Keywords: Property growth, infrastructural facilities, land acquisition, Ota.
The Impact of Infrastructural Facilities on Residential Property Development in Ota, Ogun State Nigeria
Adebimpe, Orekan Atinuke (author)
2016-05-05
Covenant Journal of Research in the Built Environment; Vol 3, No 2 (2015): December 2015
Article (Journal)
Electronic Resource
English
DDC:
690
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