October 30th, 2019, 8:45 am, Victoria Island Lagos, Nigeria
The Nigeria Mortgage Refinance Company Plc (NMRC) joined stakeholders and participants at the Stakeholders Engagement on Real Estate & Agency Business Conference hosted by the Lagos State Ministry of Housing under the theme: Lagos Real Estate: Achieving 21st Century Compliance.
The event held on the 30th of October 2019 at the Eko Hotel and Suites, Victoria Island, Lagos and recorded robust housing stakeholder discussions with the Lagos State Real Estate Transaction Department.
The Managing Director & CEO of NMRC Mr Kehinde Ogundimu in his keynote presentation at the event noted that Lagos is a key NMRC strategic partner that has been proactive in outlining clear strategies on how to deliver affordable housing to its citizens.
Mr. Ogundimu stated that NMRC’s affordable housing partnership with the Lagos State Government has recorded decent strides thus far. He spoke extensively on the future of Real Estate transactions covering essential issues like Climate change and Climate financing, Public-Private Collaborations, Population growth, Sustainability and the impact of these trends in the regulation and management of Real Estate Transactions.
A notable feature of the event was the launch of the Real Estate Transaction portal to curb fraudulent practices in real estate business by the Lagos State Governor, Babajide Sanwo-Olu.
The portal is designed to secure investments in the property market by checkmating unscrupulous dealings in transactional process. It will also afford property owners and tenants to register and transact genuinely with one another without interference from third parties.
The IT platform aligns with NMRC’s efforts to leverage technology towards integrating the housing value chain that has produced groundbreaking industry applications such as the Mortgage Market Management System (MMS) and the Housing Market Information Portal (HMIP).
The session was attended by built environment professionals and housing finance sector leaders driving discussions covering mortgage, enabling policies and housing finance innovations.