Hike in Lagos land survey fees: Property Developers threaten court action

Hike in Lagos land survey fees:  Property Developers threaten court action

Property developers under the aegis of Real Estate Developers Association of Nigeria (REDAN) are threatening court action against the Lagos chapter of the Nigerian Institution of Surveyors (NIS) unless the latter drop its hike of land survey fees.

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The Lagos chapter of NIS had announced that as from April 1, areas such as Ajeromi Ifelodun, Badagry, Ojo, Ikorodu, Epe, which survey fees is presently N120,000, has been increased to N350, 000.

It said that of Eti- Osa, Ikeja and Papa, which before the announcement was going for N300, 000 would now be N1million just as Somolu, Alimoso, Mushin, Agege, Ibeju Lekki, Kosofe, Lagos Mainland, Amuwo Odofin Local Government, formerly pegged at N180, 000 has been hiked to N650, 000.

“The planned increment will also impact negatively on the policy of affordable housing being promoted by the present administration at all levels. Our clients have also consulted the various statutes regulating this matter and they are yet to be convinced of the legal basis of this increment at this time.

“Consequently, we have our clients’ instructions to request you to kindly prevail on your organisation and its members to suspend the implementation of this policy and to allow for further interactions, dialogue and discussions, between all the relevant stakeholders in the real estate business.

“In compliance with statutory requirement to explore alternative dispute resolution mechanism, kindly indicate to us in writing within five clear days of your receipt of this letter, of your kind disposition towards the meeting suggested herein, failing which we have our clients’ further instructions to take out a writ of summons in court to determine the legality of such increment, to take out an order of injunction to restrain the implementation thereof and to determine other ancillary legal issues,” in a letter to the surveyors, counsel to REDAN, Ebun-Olu Adegboruwa wrote.

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