Why are real estate companies in Nigeria not doing Allocation?
The reason some real estate companies in Nigeria are not doing allocations or have delayed allocations.
* if they have purchased a property under Government acquisition
* When they have not fully paid for that property
* When the estate survey layout is not ready
* When the company has multiple projects they are handling at the same time
* Use the money of one estate location to buy another one and abandon the first one.
* If there is a dispute on the land.
*Is overselling. Sold more than the number of plots they have.
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