Land in Abuja is a great asset. The FCT occupies about 8000 square kilometres, while the Abuja city covers about 250 square kilometres of this. From the city centre to the satellite towns and other parts of FCT; even in neighbouring towns like Suleja, New karu Mararaba, Masaka etc Land is an asset worth owning.
Land in Abuja has been appreciating greatly in value since the 90’s to date. Some plots of Land in Abuja have appreciated about 3 to 5 times their initial value in the past 5 years. Real estate in Abuja is therefore a boomimg business and one that hold much opportunitues. This trend most likely will continue in the years to come as the forces of demand and supply continues to push the prices of land and properties in Abuja high.
The demand for land in the FCT continues to increase as more people and business move to Abuja. Since officially becoming the capital of Nigeria in 1991, most ministries have moved from Lagos to Abuja. Even several private firms are striving to have a presence in Abuja given the central role the federal government plays in the economy.
Investing in Land in Abuja is therefore worthwhile venture. The Abuja Geographical Information System, AGIS an agency of the Federal Capital Territory Administration (FCTA) is in charge of Land administration in Abuja. AGIS is charged with the establishment of a computerized Geospatial data infrastructure and a one-stop shop for all land matters for the FCT.
– Things you need to know*
The Land Use Act (LUA) Cap.202 (Laws of the Federation of Nigeria), 1990, governs all land in Nigera (including the FCT). The law vests all land comprised in the territory of each State (except land vested in the Federal Government or its agencies) solely in the Governor of the State, who holds the land in trust for the use and common benefit of all Nigerians.
The FCT Act vests all the 8000sq. km. of the FCT landmass in the Federal Government. That means the powers to administer land in the FCT are powers of the President (who may delegate his powers to the F.C.T. Minister)
This is the right granted to an individual or corporate organization over a plot or parcel of land in an approved government layout. The right is for a period. Normally, a maximum of 99 years lease is granted for residential purpose, while other uses range from 35 to 70 years depending on the value of improvements.
The right granted is the right to use the land for a period of time stipulated in the offer. Upon expiration of the lease period, the land and the improvement on it revert to Government. It is expected that a holder of a right of occupancy might have enjoyed whatever investment he might have made on the plot of land at the expiration of the lease period (i.e. 35, 40, 50, 60, 70 or 99 years as the case may be.) There is however a provision for a re-grant. A holder may upon expiration of the initial grant/ lease term apply for a re-grant, of the Right of Occupancy and the Government has discretion in considering such applications.
A Certificate of Occupancy is an instrument prepared at the Land Registry, signed by the Minister (the Governor, in the case of any state of the Federation), registered in the Land Registry and given to the holder of a Right of Occupancy in evidence of a grant. The Land Use Act made provision for the issuance of a C of O over every grant.
It is the grant to an individual or corporate organization over a plot or parcel of land in an approved government layout. The right is normally granted by the Minister of in the case of the FCT, (the Governor, in the case of any state of the Federation). This right is different from a Customary Right of Occupancy, which is usually granted by Local Government Council.
Ground rent is a charge paid to Government for the use of the land. It is payable annually based on an approved rate. It is subject to periodic revision within the term of the lease.
It is a tax charge on a rented property and payable to a local council for services rendered by that council. It has to be a developed property and in full occupation by either a tenant or the owner of the property. In other words the charges are not normally imposed on unoccupied property.
It is an amount of rent paid at the commencement of tenancy on Land before the issuance of a C of O. It is paid only.
It is a charge paid to government over a plot of land for a particular purpose. In the FCT it is paid before the issuance of a C of O along with other bills known as initial bill. The FCT imposed the Development Levy in the year 2000 and the money is intended to be used for the provision of infrastructures, particularly in areas of the City that are yet to have such facilities.
It is the process of certification and capturing genuine land data, which necessitated changing the hard copy of the C of O. It is an exercise embarked upon by the FCT Administration in order to issue new and more secured Certificates of Occupancy evidencing each and every grant within the FCT. A title document or statutory Right of Occupancy can be revoked for overriding Public interest. It can be revoked on the account of contravention of any or all of the terms of the right of occupancy. A right of occupancy could also be liable for revocation for failure or neglect on the part of the Allottee to pay and obtain the new certificate of occupancy.
*culled from Abuja Geographic Information systems site
...advertise it here and thousands of people will see it. You have a trial period of 5 days. You have to pay within the 5 days for your advert to remain on the site.
Plot of land for sale at wuse zone3 abuja
1463.97 square meters of land,for commercial purpose in a business remote area with C of O at N220m asking price. Contact 07055077288, 08068764671,08133886882. …
Please i want to know. How can i get a land in an area about to be developed in Abuja?
1,499.66sqmt plot of land in Jahi District
a build-able plot of land,fenced and close to Living Faith church Durumi. contact; Smart 08064755775
House for Rent In Kuje
16 units of 3 bedroom bungalows (RENT) Location: Kuje, Abuja Rate: N600,000. per yr. Contact - firstname.lastname@example.org
Properties for Sale In Abuja - GAMES VILLAGE
4 bedroom terrace house with 2 rooms bq and 2 rooms guest chalet. Price - N75M 4 bedroom terrace house with 2 rooms bq and 2 rooms guest chalet. …
1,000sqm fenced, buildable plot of land for sale at Kurudu-Abuja. N4.5m
FOR SALE: A 1,000sqm fenced plot of land in a very good and secure neighbourhood at Kurudu-Abuja. Just beside the new Police Senior Officers Housing Scheme! …
LANDED PROPERTY IN AN ESTATE
It's a service plot in a newly developed estate by name DAYSPRING HOMES suited in lugbe beside ASO ESTATE SABO LUGBE and its very cheap and affordable …
Orozo Mass Housing Estate,Orozo Abuja.
2-BEDROOM DETACHED BUNGALOW- #6 million 3-BEDROOM DETACHED BUNGALOW- #9 million 4-BEDROOM DETACHED BUNGALOW- #16 million 4-BEDROOM DETACHED DUPLEX …
Land at Kurudu Abuja
Already fenced plot of Land at Kurudu Abuja in a very good residential neighbourhood! Just beside the New Police Senior Officers Housing Scheme. Size …
Mass Housing.Galadimawa. 15 Hectares
We have 15 Hectares of Land for sale at Galadimawa for Mass Housing (Estate) for sale.The land is going for 600,000,000. All the papers are available.
Land For sale at Katampe extension, along kubwa road.
We have 2493 sqm of Land for sale at Katampe, After Aso radio along kubwa road. It goes for #45,000,000. All the papers are completed including C OF O. …
Quarry (Granite) Land for sell in Abuja.
WE HAVE FEDERAL GOVERNMENT ALLOCATED QUARRY SITE FOR SELL. WE ARE LOOKING FOR MINING COMPANIES OR PERSONS WHO WANT TO INVEST TO COME AND BUY THE LAND.
Residential Land for Sale in Abuja
1.1 hectares in Games village - N550M 19 Hectares in Idogwari - N300M 1244 sqm in Wuye - N35M 900sqm in Wuye - N27M 1250 sqm in Jabi - N110M …
LAND FOR SALE @ DAWAKI OPPSITE GALADIMAWA
1000sqm land for sale @ Dawaki oppsite Galadima bustop for 7.5m
House For Sale at gwarinpa 2, Kado life camp, by Lento Alluminium, Abuja
A massive and well finished, 2 units of 4bedroom duplex, 4 units of 2bedroom flats, a basement warehouse of 260sqms, the compound fully inter-loccked, …
Estate land in gurku behin mpape hills before berekete family estate
OWN A PLOT OF LAND @WISE & NOBLES ESTATE, N301,000 Per 350sqm Plot, N425,000 Per 500sqm Plot N546,000 Per 650sqm Plot N747,000 Per 900sqm Plot …
new 3 bedroom bungalow in suncity Abuja
New built 3 bedroom bungalow, well serviced apartment in 1000sqm for sale in suncity estate Abuja. price 70m. For enquiry and inspection, contact 08038656415 …
2 Plots Of 1200sqm Land Each At Back Of Police Quarters, Kurudu,karu ABUJA.CHEAP
Details: Flat Land...No need to work on the land. All Papers are Complete 2 Plot Plot is 1200 sqm each Abuja Municipal Area Council Complete Papers …
Propert in Lagos for sale.
14 FLATS, 6 STOREY BUILDING WITH SWIMMING POOL, AT BOURDILLON RD IKOYI LAGOS. PRICE: N2 BILLION CONTACT MR CHIMA MATHIAS ON TELEPHONE 08025802047
Karsana west, 7.21 Hectares, R of O, Price: N300 million net
Properties Selling Now in Abuja Nigeria . Karsana west, 7.21 Hectares, R of O, Price: N300 million net . Karsana South, 20.13, R of O, Commercial …
LAND FOR SALE
FOR SALE. A 450 square metres residential (flat)plot, very good location at F01,KUBWA FCT. Price: N4.3 MILLION. Call 08057841774 or 08067196954 …
LAND FOR SALE IN ABUJA
FOR SALE. A 462.7 square metres residential (flat)plot at F01,kubwa FCT. Price: N3.5 MILLION. Call 08057841774 or 08067196954
Karsana South, 21 hectares, price: 600 million net
Properties Selling Now in Abuja Nigeria Karsana South, 21 hectares, price: 600 million net Engr. Valentine Nwachukwu Business Development Manager …
Land In Abuja For Sale
Interested in going into real estate business This is the opportunity you have long been waiting for ..... If you miss this opportunity, you may never …
Urgent sale!!!!!!!! 1 Plot of land at Chika Kore, Arab Road, Kubwa, ABUJA
1 Plot of land at Chika Kore, Arab Road, Kubwa, ABUJA Land details: Flat Land...No need to work on the land.All Papers are Complete The plot is 800 …
Land in Katampe Extension, Abuja for sale.
Land in Katampe Extension,Abuja for sale. Size:3700 m2 Title:CofO. Purpose:Residential. Price:150 Million naira. Contact:08164344458 or 07081831075 …
Karsan South plot no: ****, File no: *****, Size: 21.16 Hectares, Title: R of O, Mass Housing, Price: 600Million Net
Karsan South plot no: * **, Size: 21.16 Hectares, Title: R of O, Mass Housing, Price: 600Million Net Contact Details: Valentine Tel: 08054444462
Idu Gbagyi, 72 hectares, price: 2.7 Billion
Properties For sale in Abuja Karmo Mass Housing Estate, plot 468, Size: 3.53 hectares, Title: C of O Price: 500 million naira Idu Gbagyi, 72 hectares, …
Idu Gbagyi 72Hectares Price: N2.5Billion asking Properties Selling Now in Abuja
Properties Selling Now: . Idu Gbagyi 72Hectares Price: N2.5Billion asking . Karasana west plot 30, 31, 32, 33 Total 49.6Hectaress Price: N2.5Billion …
3 BEDROOM BUNGALOW @ MINFA 1 ESTATE, LOKOGOMA FOR SALE
A DETACH 3 BEDROOM BUNGALOW WITH SPACE FOR BQ AT MINFA 1 ESTATE, LOKOGOMA IS UP FOR SALE. PRICE: 18 MILLION (NEGOTIABLE) CONTACT: 08034458076
108 HECTERS KWALI ABUJA..N150,000,000 AND 2 hecters wuse II @ N300,000,000 CALL 08097703262..or email me@ email@example.com
APROX,108 hecters of flat land for 150million at kwali after gwagwalada multipurpose containin r of o nd c of o....and a 2 hecter land @ wuse II For 300million …
PROPERTIES FOR SALE
PROPERTIES FOR SALE . Lugbe Extension, 50 hectares Multi-fuction (MF) , 300 million R of O . Lugbe Extension, 10 hectares Multi-fuction (MF) , 30 million …
A plot of land for sale at GRA phase2 in port harcourt
A good land at GRA at phase2 for sale at port harcourt. For 50m .hurry now 08038691239.
for sale- New 4 bedroom duplex with one bedroom basement in gawrinpa call:08035534024 or 08178470975 price:100m asking
New 4 bedroom duplex with one bedroom basement in gawrinpa call:08035534024 or 08178470975 price:100m asking call:EMEKA 08035534024
two plots of land in gwagwalada area,abuja
two plots of land in gwagwalada area in abuja.60*120 per plot.
Government property in any area in Abuja , please
I would like cheap government land in any area in abuja and you can e-mail me at BridgetUhuegbu@yahoo.com
Land 6000sqm at katampe
Katampe(ministers hill extension) 6000sqm for 400 million naira.call 07060880357
Lands ,houses and shops In garki,jahi,katampe ,gwarimpa,asokoro,maitama,utako and wuse
900 sqm of buildable residential land in gwarimpa price 23 million 560 sqm of land in apo resetlement near shoprite price 8 million 1,600 sqm of land …
Land for sale @ sabon lugbe
21 hectares. It is a fine developed area with it's own access road. 250million (NEGOTIABLE). Call me on 07035709588 or email me at firstname.lastname@example.org …
HOTEL, AND HOUSES FOR SALE IN ABUJA
58 ROOMS HOTEL WITH PANT HOUSE ALL THE ROOMS ARE EQUIPED WITH TV,BED,DSTV,AC BIG KITCHEN BIGGEST CONFERENCE HALL BIG BUSH BAR WITH SWIMMING POOL BIGGEST …
Property in Abuja for sale 5 plot of land
Property in Abuja for sale 5 plot of land measuring 1,000 sq mtr each Location: New Asokoro (Orozo/Kpeyegi), Abuja 2 Plot of Land for sale at …