Transforming Nigeria’s Real Estate Sector: GTEXT Property Leads the Way
As Femi Falana Urges Government Support for Real Estate Development
By People’s Voice Nigeria | News
GTEXT Holding, a leading real estate company in Nigeria, hosted the Global Property Conference on November 9, 2024, at the Landmark Event Center, Lagos. The conference aimed to foster real estate development in Nigeria and globally.
Dr. Stephen Akintayo, chairman of GTEXT Holding, welcomed attendees and expressed his commitment to providing innovative and affordable housing solutions. In his opening remarks, Dr. Akintayo commended GTEXT for the opportunity to transform Nigeria’s real estate sector.
Renowned lawyer and activist Femi Falana delivered a keynote address, advising prospective real estate investors to seek professional advice, ensure proper documentation, and maintain integrity. Falana emphasized the challenges faced by real estate developers in Nigeria due to government inaction.
Falana highlighted the alarming statistic that 95% of land properties in Lagos remain unregistered, hindering the country’s development. He urged the government to streamline registration processes, reduce documentation costs, and protect investors from harassment.
The conference provided a platform for industry experts to share insights and experiences. Speakers emphasized the importance of transparency, accountability, and government support in the real estate sector. Dr. Akintayo pledged to work with the government to create an enabling environment for real estate investment.
Falana stressed the potential of real estate as a lucrative profession, particularly for young women and men. However, he noted that Nigeria’s high interest rates and lack of government guarantees hinder investment.
To commemorate its 9th year of excellence, GTEXT Homes hosted a spectacular dinner, bringing together staff, realtors, valued clients, and stakeholders. The evening was filled with merriment and recognition, honoring staff and realtors for their dedication and clients for their loyalty.
As GTEXT Homes looks to the future, it reaffirms its pledge to continue providing top-notch real estate solutions, uilding strong relationships, and delivering exceptional service.
With its commitment to innovation and affordability, GTEXT Holding remains a leader in Nigeria’s real estate industry.
