Description
Examining the factors affecting property development in Kaduna metropolis.
Abstract
This research title examines the factors affecting property development, also called real estate development is essentially the process of developing a building or land into a higher-use value. It is a multi-faceted business that can encompass any of the following Buying land and building property on it, renovating, extending, or improving property and converting property from one use type to another. Property development plays an important role in the social and economic life of the people. Property development encountered some factors which has become a hindrance in the economic growth of the community, state, and the country at large such as government policy, development control lack of finance and public crisis, and so on. The project has revealed that these factors affecting property development in the study area have greatly affected the demand and supply of property values and the pace of development. While conducting the research, the researcher used primary sources of collecting data through personal interviews, personal observations, and questionnaires. Secondary sources of collecting data by internet searches, textbooks, and journals. Simple random sampling was used in the selection of the population. It was found that based on the research from the respondents, 45% indicate commercial Properties development and42.5% indicate residential property development and 12.5% show agricultural property development. The enhancement of property development needs more attention from federal, state and local governments as well as enhancing the well-being of the people in the study area.
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