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ESTATE MANAGEMENT

ANALYSIS OF THE EFFECT OF THE PROVISION OF HOUSING ESTATE ON RESIDENTIAL HOUSING DELIVERY

ANALYSIS OF THE EFFECT OF THE PROVISION OF HOUSING ESTATE ON RESIDENTIAL HOUSING DELIVERY

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ANALYSIS OF THE EFFECT OF THE PROVISION OF HOUSING ESTATE ON RESIDENTIAL HOUSING DELIVERY

ABSTRACT

This dissertation is primarily concerned with an examination of the impact of housing estate provision on residential housing delivery, with a case study of the World Bank housing estate in Owerri.

The primary push for this research on the analysis of the influence of housing estate provision on other residential houses in this particular area of study stems from its abrupt changes in states.

This study investigates the impact of these changes on the physical environment and population of the study area, with a particular emphasis on the provision of residential units and the provision of basic social amenities and infrastructures as a result of the world bank housing estate’s advancement in status.

This also investigates the sole purpose of the offered housing estate and its impact on other residential houses in the area under consideration.

CHAPITRE ONE

INTRODUCTION

1.1 BACKGROUND OF THE STUDY
After food, housing is regarded as one of the most vital aspects of man’s physical survival. It contributes to a nation’s physical and moral hearth, as well as to social stability, work efficiency, and individual development. Despite these facts, there is no doubt that housing is still one of the biggest difficulties confronting Nigerian cities and governments.

Aside from the typical slums and conditions, it is becoming increasingly difficult for normal Nigerians to buy houses. Furthermore, finding suitable housing at a reasonable rent in the market is extremely tough.

The rent is high in each state and quite high in the other state capitals, but it is still not commensurate with the monthly earnings of all wage earners, middle wage earners, upper wage earners, and self-employed people.

The main reason for high rent is because housing supply is far less than demand. The recommended rent is 20% of monthly income. The challenges are particularly apparent in fast-growing, densely populated cities and towns where major commercial and industrial operations have long been entrenched.

Finding houses to rent is difficult, and if such houses are eventually found, they are rented at excessive costs that absorb a huge percentage of the acceptant’s monthly income, regardless of the location or accessibility of the dwelling to the place of employment.

Until recently, it was very difficult for an average wage earner as well as self-employed folks to build their own residences over a lengthy period of time, say 10 years, using their personal savings.

Between 1978 and 1988, most civil personnel in Nigeria were unable to save enough money to build their own homes. Furthermore, the cost of building materials is quite exhobitant,

as are the costs of land, labour, and professional fees, resulting in a situation where the construction cost per square metre is significantly greater than what an individual could meet after providing for food and other social requirements.

Also, because individuals cannot own their own homes due to the high building costs involved, it has contributed to people hiring at excessive rates because there are more buyers of housing goods than supply of those goods and services.

The effect of this housing crisis, which has primarily affected urban areas, has not only resulted in overcrowding in various cities, but has also led to many people seeking shelter under bridges, schacks, and making shifts (as in Lagos).

The most unpleasant aspect is that current residential structures do not meet modern needs and lack amenities such as water closets (Wcs), P, Pe-borne water, electricity supply, open areas, and so on. In the year 2000, the United Nations responded by launching an intensive programme of shelter for all.

To accomplish this, Nigeria’s federal government put it into the nation’s third development plan (1975-1980) and intended to actively participate in the provision of housing for all income categories. accomplish a major increase in housing supply and provide relief, particularly to low-income earners and the self-employed

, who were the most affected by the acute shortage, a situation in which the urban worker paid more than 20% of his monthly salary on rent. This has resulted in estates being provided by both the federal and state governments in order to enhance the housing stock available to the urban population. This work attempts to investigate the impact of these housing estates on residential housing delivery against this backdrop.

1.2 STATEMENT OF THE PROBLEM
Governments all over the world, particularly in developing nations, are embarking on the provision of housing estate for their citizens, which is usually to counteract housing provision by the private sector.

Despite the fact that these estates were founded by law and status, they present management issues that include legal, physical, financial,

social-political, and other issues, such that administration of public housing estates has recently presented hydra-headed problems. These issues manifest as dilapidated buildings, a bad sanctuary, and terrible environmental conditions, all of which are the result of poor administration and a lack of maintenance.

With all of these factors mentioned above, one sees the housing problems in general as the problems that motivated both the federal and state governments, the Imo state government and the Imo state Urban and housing corporation,

and all of the other state governments and housing corporations to formulate their housing policies in Nigeria today. This is due to the fact that good residential housing allows for higher production.

1.3 GOALS AND OBJECTIVES OF THE STUDY
The primary goal of this research is to assess the impact of housing estates on residential housing provision in Nigerian cities: The following aims are laid out to achieve this goal.
(1) Identifying the different housing estates in the research region.

(2) To ascertain the number of dwellings given by the Imo Housing Corporation in Owerri.

(3) To assess the impact of these housing estates on residential housing provision.

(4) To identify the Imo Housing Corporation’s issues and constraints in the provision and management of these housing estates.

(5) To offer solutions to the concerns mentioned in (4) four above in order to provide more housing estate in the metropolitan region.

1.4   RESEARCH QUESTIONS
1. Mention numerous housing estates in Owerri, Imo State.

2. How many dwelling units does the Owerri dwelling Cooperative provide?

3. What impact do these housing estates have on residential housing provision?

4. What issues has the Owerri Housing Co-operation encountered in the provision and management of these housing estates?

5. Make recommendations for how to solve the challenges in order to build new housing estates in the city.

1.5 TSIGNIFICANCE OF THE STUDY’
It has sometimes been suggested that the distribution of residential home ownership, particularly among the working class, raised support for private property ownership in general and areasthesises housing as a sector of social structure pound on capitalism private industry.

To bolster this point, residential housing delivery in Owerri has enabled individuals and low-income earners to benefit from its role in promoting the national economy, social services, and financial and economic relevance to individuals.

Such services provided in that area include the provision of shelter or accommodation, the provision of collateral security for loans / mortgage loans, durable goods that can be inherited, physical development,

a source of social prestige / status, employment opportunities, investment – which yields a flow of income, the provision of schools, hospitals, recreational centres, and so on.

As a result, because the need for shelter or lodging is so widespread, its relevance or significance is clear. The significance of residential housing transcends national or political boundaries, and it contributes to good health and individual productivity. Citizens of any nation who live in quality housing will enjoy good health,

be industrious, and hence contribute positively to their country’s economic prosperity. We will be able to completely comprehend the relevance of residential housing to man as we examine the social significance of housing to man, its function in the economic growth of a society or individuals.

1.6 THE SCOPE OF THE STUDY
This research is confined to analysing the influence of housing estate provision on residential housing delivery using the World Bank Housing Estate Owerri as a case study- however, this work is not concerned with housing estate provision and development.

1.7 LIMITATIONS OF THE STUDY
It is commonly accepted that conducting a research project from start to finish includes varied degrees of discomfort and painstaking effort.
The first issue was the difficulty in securing funding to begin and complete the research in a decent amount of time, which is consistent with the common statement that finals for great activities rarely come easily. But, thank God, it arrived just in time.

Another side of the data gathering coin was where government personnel were eager to assist but were hampered by a lack of meaningful data about the area of need. Also, valuable data were unavailable since the relevant data were being used for governmental purposes.

Finally, the risk and transportation costs associated with the research.

1.8 OVERVIEW OF THE STUDY
This project is divided into five chapters. The first chapter is an introduction that includes a summary of the problem, the aim of the study, the arms and objectives, the relevance of the study, and the scope and limitations of the research. The study’s question and overview.

The second chapter is a literature review in which relevant related literature is studied to obtain a good background understanding of the study’s issue from other Authors.

The third chapter contains general studies on study design and methods. Where the step-by-step strategy for carrying out the investigation is described.

The fourth chapter contains the data presentation and analysis based on the case study, as well as where the data is given and analysed, including the dissuasion of conclusions.

Finally, chapter five includes a summary, a recommendation, a conclusion, and a bibliography.

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