How estate surveyors and valuers boost rural development, By Lansar Aghaji

Posted by News Express | 21 September 2020 | 2,414 times

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•Lansar Aghaji

 

An estate surveyor and valuer is recognised as a professional in Nigeria when he/she is registered with The Nigerian Institution of Estate Surveyors and Valuers (NIESV). Every member is also registered and empowered by law through the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON), to carry out property valuation tasks in the interest of the owner/prospective owner and the public.
With a combination of efforts from the federal or state governments, investors, and most importantly estate surveyors and valuers, landed properties in every area of the country (rural and urban) can be put to optimal use, once they are properly managed.

Their professional services go beyond the regular acquisition and disposal of landed property. With a vast knowledge covering the major areas of property development in its entirety and its immediate impact in the society, they are better placed to make policies that will foster development in any rural or urban society.

Having a good infrastructure, of course, is one of the prerequisites for development in any society; but having the right long-term maintenance strategy will go a long way in sustaining those infrastructures. With the wealth of experience at the disposal of estate surveyors and valuers, formulating and implementing a strong maintenance policy should be a cakewalk.

By joining hands with the government, NIESV members are also able to advise on the best way to develop a particular locality: by mapping out some areas which will be perfect for residential, industrial or commercial buildings. Due to their involvement in the development of the master plan, a community will, most likely, experience speedy and healthy growth.

Estate surveyors in conjunction with other like-minded bodies (independent investors or a government-backed subsidised fund) also come together in some occasions to implement projects that will not only benefit the initiator, but also the host community.

For instance, it is a well-known fact that the houses in the Abuja metropolis cannot cater for the teeming population. Worse still, the majority cannot afford a decent home due to the relatively high cost of living. Estate surveyors and other professionals in the real estate industry saw this as an opportunity to invest in the suburban region of the Federal Capital Territory. The aftermath of such investment birthed affordable housing in relatively new areas, including Kubwa, Zuba, Gwarimpa, Suleja, among others.

Such housing units were not only beneficial to the owners, it also, benefitted the government by decongesting the municipality, just as it increased government’s source of revenue and significantly improved commercial activities in host communities.

From the above, we can deduce that an estate surveyor and valuer is capable of significantly boosting the development of any community due to the cross-disciplinary knowledge they possess about landed property in its entirety and its impact on the community.

In addition to the above, they also handle other activities, such as feasibility and viability appraisals, facilities management, project management and general real estate consultancy services. If you are interested in buying, selling or building a property in the rural or urban settlement, consult the undersigned.

Aghaji, an estate surveyor and valuer can be reached on: 08037082245; info@lansaraghajiandco.com


Source: News Express

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