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Africa Housing News > Blog > Real Estate News > FCT: Activities Of Estate Developers Under Searchlight, As Reps Threaten Sanction For Violations
FCT: Activities Of Estate Developers Under Searchlight, As Reps Threaten Sanction For Violations
Real Estate News

FCT: Activities Of Estate Developers Under Searchlight, As Reps Threaten Sanction For Violations

Fesadeb
Last updated: 2022/02/04 at 9:07 AM
Fesadeb Published February 4, 2022
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FCT: Activities Of Estate Developers Under Searchlight, As Reps Threaten Sanction For Violations
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FCT: Activities Of Estate Developers Under Searchlight, As Reps Threaten Sanction For Violations

The activities of estate developers in the Federal Capital Territory (FCT) have been scored low by The House of Representatives.

Many of the developers were  berated by the legislators for allegedly  committing various infractions, including building without authorisation and failing to deliver to their subscribers.

Consequently, the legislators said estate developers that violate extant rules in the operation of their business will be sanctioned.

The chairman, House Ad-hoc Committee investigating the operations of Real Estate Developers in FCT, Blessing Onuh, made the disclosures  after an oversight visit to some sites, within the federal capital.

Speaking to journalists after the oversight, Onuh said, “You are all aware that this is an investigative committee and we are here on a fact-finding mission to discover what is on the ground; what the reality is. We commenced this committee in November last year. And all this while we have been calling developers to our office and also we create a platform between the developers and subscribers to have an interface to discuss.
‘So it is more a theoretical thing. So we are here to see it for ourselves, to know if the developers are in compliance.

FCT: Activities Of Estate Developers Under Searchlight, As Reps Threaten Sanction For Violations
AIHS 2022

‘What we have discovered is so mind-boggling. There are a lot of contraventions, a lot of infractions by the developers in some of the places we visited. They do not have building plan approvals,’ the lawmaker stated.

‘We would look at the infractions, analyse them and then we would send those that have infractions and contravention to the necessary authority for intervention.
‘The committee will not hesitate to recommend severe sanctions & prosecution of everyone involved in these sharp practices,’ she said.

#Estate #Real Estate #Developers #Estate Developers #House of Representatives #Fct #Violation

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TAGGED: AFFORDABLE HOUSING, Developers, Estate, Estate Developers, FCT, Latest Housing News & Updates - Africa Housing News, real estate
Fesadeb February 4, 2022 February 4, 2022
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