Estate Management &Valuation

Permanent URI for this collectionhttp://197.211.34.35:4000/handle/123456789/136

Estate Management &Valuation

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Author: search.filters.author.Kemiki Olurotimi Adebowale

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    Emphasizing the role of Estate Surveyors and Valuers in land use development towards achieving United Nations’ sustainable development goals (SDGs)
    (Nigerian Institution of Estate Surveyors and Valuers, 2016) Kemiki Olurotimi Adebowale; Ayoola Adeyosoye Babatunde; Bature M A; Awolaja G
    All human activities take place on land, making land related decisions crucial to national development. The success of private and public organisations depends strongly on the judicious use of land. Over the years, land use in Nigeria has suffered fundamental lapses resulting in deteriorating historical sites, waste, pollution, infrastructural inadequacy, housing deficit, unsecure land tenure for the urban poor, environmental degredation, investment losses and other imbalances in land use. Estate Surveyors and Valuers have tied themselves to their traditional roles, makong their role in land use development less impactful. This paper sets to concisely advance the roles of Estate Surveyors and Valuers in land use development towards achieving United Nations' sustainable development goals (focusing on goal 11 - sustainable cities and communities). The method of investigation is essentially a documentary and analysis of archival records, with a view to identifying the existing gaps in the role of Estate Surveyors in land use development. The roles of Estate Surveyors were identified in the following areas: citizen engagement, accountability, policy reform, service delivery, performance measurement, project financing, infrastructural development and maintenance, housing, valuation, land administration and other areas of concern. The paper concludes by developing strategies in making Estate Surveyors’ roles impactful in land use development and policy formulation towards achieving sustainable cities and communities in Nigeria.
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    Potentials of Geospatial Database for Urban Land Use Management: A Case Study of FUT Minna Staff Quarters, Gidan Kwano Campus
    (University of Abuja Press, 2017) Kemiki Olurotimi Adebowale; Odumosu Joseph Olayemi; Mohammed Fatima O; Popoola Naomi Ijadunola; Ayoola Adeyosoye Babatunde
    Geospatial database helps to provide information about real properties. This study attempted to develop a geospatial database that will assist in managing residential properties in FUT Minna Staff quarters at Gidan Kwano Campus of the University. Structured questionnaires were administered to collect primary data and the image of the study area was downloaded from Google earth. Maps were produced showing various conditions of the building elements, services and facilities considered were doors, windows, ceilings, roofs, access roads, electricity, water supply, security and landscape. Furthermore, the occupant responses were analyzed using equal weight by taking advantage of the commutative and associate properties of matrix addition in order to arrive at an overall suitability index used in ranking the houses. The use of GIS in property management practice has proven to be efficient and a highly relevant decision making tool.
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    A Study on the Application of GIS in the Assessment of the Impact of Infrastructure on Residential Value in Minna
    (PACIFIC RIM REAL ESTATE SOCIETY, 2015) Ajayi Michael Tolu A; Kemiki Olurotimi Adebowale; Muhammed J K; Adama Unekwu Jonathan; Ayoola Adeyosoye Babatunde
    The provision of infrastructural facilities have been established to have direct relevance to the changes that may occur in residential property values. However, various studies have not examined the application of geographic information system to assess the impact of the infrastructure on the property values. In this regard, this study sourced primary data on water as an infrastructure and the coordinates from the selected neighbourhood in Minna using hand held GPS and Kriging done with ARCGIS tool. The regression analysis conducted reveals that water based infrastructure with P value of 0.000 less than .005 p level and has a direct variation on rental value in the Bosso area of Minna. To this end the kriging analysis indicates that the area with darker colours possess more urban infrastructure (water based infrastructure) than those in lighter colours. This implies that the impact of provision of infrastructure that have direct influence on the residents of an area could be monitored with the use of geographic information system. The study therefore recommends the creation of a department in the geographic information system body to enable the use of GIS to monitored infrastructure development and impact on residents to enhance urban governance.
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    Slum Development in 3rd World Countries: Causes, Effect and Way out (A Case Study of Ibadan South East Local Government, Nigeria)
    (West Africa Built Environment Research (WABER) Conference. C/o Dr Samuel Laryea, School of Construction Management and Engineering, University of Reading, Reading, UK, 2012) Adeniran Ayoade Adeleye; Kemiki Olurotimi Adebowale; Ayoola Adeyosoye Babatunde
    Slums and squatting areas accommodate the majority of the population of cities in developing countries and it is estimated to be home to over 800million people, which is predicted by the UN-Habitat (2003) to grow to between 1 and 2 billion by 2020. This case of slum development is not alien to Nigeria. This study considers the case of Ibadan Metropolis. The major factors as discovered, contributing to slum development include rural-urban migration, unplanned neighborhood, overpopulation, non-compliance with laid down rules and illiteracy. The resultant effects of this are overcrowding, outbreak of diseases, loss of man hours, insecurity of life, and decline in property values amongst others. To get out of this web which keeps entangling us like a vicious cycle, the government at all levels have a major role to play by providing and implementing enabling laws and regulations, improving waste disposal, drainage and sanitary system as well as implement urban renewal.
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    Analysis of the Activities of Land Administration Machineries in Abuja and Minna, Nigeria
    (International Organisation of Scientific Research, Indian, 2014-02) Ayoola Adeyosoye Babatunde; Kemiki Olurotimi Adebowale; Abdulkareem Sekinat; Fabunmi Foluke Olanike
    This study attempts to have a comparative analysis of the activities of land administration machineries in FCC, Abuja and Minna using some selected districts and neighbourhoods as case study areas. Questionnaires were administered to Individual land owners, property developers or plot allottees who own land from ages Eighteen (18) and above as well as interview to some staff of departments of land administration machineries in FCC, Abuja and Minna. Statistical Package for Social Scientists (SPSS), Geometric Mean Model and Linkert Scale were statistical tools employed. Findings revealed that the average growth in land allocations made available to people by government within the study period of 2000 – 2009 in FCC and Minna were191.25% and 29.22% respectively. In FCC, Delay of process and extortion of money by government officials are sufficient reasons why individual land owners will not be willing to process title documents to land. While in Minna, the reasons are Exorbitant Processing Cost, Delay of Process and extortion of money by government officials. The paper suggests among others that land administration officials should abstain from illegal acts during land transactions, government should ensure that adequate income packages are paid to land administration officials and ensures enlightening and educating customary land owners on the need for compulsory acquisition.