APPRAISING THE IMPACT OF INDIVIDUAL DEVELOPED HOUSING (IDH) ON THE REAL ESTATE OUTLOOK OF ABUJA METROPOLIS
Abstract
Author(s): Afam Achoru, Musa Ashen, Celina Omogor
This study assesses variables that drive the success of “individual-developed” housing geared towards better Real Estate outlook in Abuja metropolis. Different views as perceived by variousprivate developers were obtained through their construction/development firms in selected areas of themetropolis. A Critical evaluation of encouraging factors for individual-developed housing was carried out. A purposive sampling method was used to obtain data derived via questionnaire from a survey involving clients of 19 Construction firms who have/had been involved in individual-housing development in different areas. These were further analysed with Chi-square and correlation methods of analysis. Some of the findings indicated that although individual-developers are hitherto faced with a number of constraints in pursuing individual-developed Housing Projects, success in house building can be influenced by land availability, available service facilities, house owner’s level of income, building materials, building process, neighbourhood and environment factors, quality of houses and location as applicable to various income earners.
