ABSTRACT
Housing
as a form of property investment required proper management and maintenance in
order to ensure a better – standard of living. The inadequacy of good
management can however resulted to serious problems that could redness estate
life cycle.
Management
strategies in this respect are meant to be objectives, plans and policies
carefully set up to ensure or to achieve a desirable result. In the course of
management; contrary of general belief, management entails more than mere rents
collection.
It
thus involves finding tenants, arranging, preparing leases, then dealing with
the maintenance weather for a landlord or tenants account.
In
this research work, effort would be examine the existing management and
maintenance procedure of housing estates with a focus on Olofa housing estate
and to look into the management problems that effect the living standard of the
inhabitant of case study.
The
dissertation also looks into the effective measures that should be taken to
ensure the housing units provided for the tenant/inhabitant are well managed
and preserve to enhance their aesthetic and capital value.
TABLE OF CONTENTS
Title page
Certification
Dedication
Acknowledgement
CHAPTER ONE
1.0 Introduction
1.1 Statement of problem
1.2 Aim and Objectives
1.3 Significance of the study
1.4 Scope of the study
1.5 Limitation of the study
1.6 Study area
1.7 Location plan
1.8 Definition of terms
CHAPTER TWO
2.0 Literature Review
2.1 Concept of property management
2.2 Property management functions
2.3 Basic management functions
2.4 Maintenance of property management
2.5 Management policies and administration of
the estate
2.6 Objectives of low cost housing estate
2.7 Housing facilities within the estate
2.8 Existing condition
2.9 Strategies for effective management
challenges or problem of management
CHAPTER THREE
3.0 Research Methodology
3.1 The research design
3.2 Data presentation analysis
3.3 Instrumentation for data collection
3.4 Method of data analyses
CHAPTER FOUR
4.0 Brief History of the case study
4.1 Evaluation of the case study
4.2 Data interpretation and analysis of result
4.3 Survey and presentation of data
4.4 Data analysis
CHAPTER FIVE
5.0 Summary, Conclusion and Recommendation
5.1 Summary
5.2 Conclusion
5.3 Recommendations
References
CHAPTER ONE
1.0 INTRODUCTION
Housing
has been universally accepted as one of the basic needs of every individual,
family and the community at large. It is a matter of fact more than mere
shelter as it cuts across all the social services and utilities that makes a
community a conducive environment.
Problems
of housing are not restricted to quantity of the available units. Most of the
housing estates are now in more deplorable conditions with poor and inadequate
facilities and services. While many building structures are obsolete waiting
for renewal others are weakened rapidly depreciated due to lack of repairs. The
maintenance culture has been noted poor and inadequate this resulting in a
continual loss of their usefulness and value.
The
provision of housing estate is one thing the management of the unit to another.
It is unfortunate to note that a lot of problems have been identified with the
management of low income residential housing estate that requires prompt and
urgent solutions.
Also,
the provisions which were made to ease the weight of the accommodation problems
in the urban areas have now ended up as a heavier burden on the inhabitants of
the estate: poor management and ineffective implementation of policies are
identified in the study as major constraints.
The
process of management procedure are usually neglected equally, the authority
charged with the responsibilities of ensuring that the housing estates exist to
achieve their stated objectives are sometimes over – strained with the burdens
of management therefore a lot are left undone. The functions letting, rent
collection, repairs and social welfare that are meant to bring housing
authorities and the occupiers into association are not consistently efficient.
This
study has tried to dwell much on the need for adequate supervision and
efficient management procedure necessary to achieve an optimum result. It also
examines the deplorable conditions of the features constituting housing units
and suggest possible solutions and recommendations towards a standardized and
decent housing environment, in our housing estates especially those for the low
income earners.
According
to Dakhil (1978) proper housing is an important need for every human being. The
proper utilization of his resources and economic well being greatly depend on
the type of accommodation he has been provided with. However, a man’s income
can justify his accommodation and if this is low he has to be happy with a low
cost house.
1.1 STATEMENT OF PROBLEM
Management
of housing estate goes beyond examining physical condition of the property only
but basically how function does all the facilities put in place is.
The
estate is now in more deplorable and bad condition of management due to lack of
repairs and maintenance of the estate which resulted to loss in usefulness and
value of the estate.
1.2 AIM AND OBJECTIVES OF THE STUDY
The
aim of the study is to examine the problems associated with the management of
low income residential housing estate.
To achieve this, the
following objectives are to be adopted.
i. To examine the types of residential
properties in the case study.
ii. To identify the type of facilities in the
study area.
iii. To identify the management strategies and
procedure of the case study.
iv. To examine the existing management
policies in the case study.
v. To identify the management problem in the
case study.
vi. To provide possible solution to the
identified problems.
1.3 SIGNIFICANCE
OF THE STUDY
The
research work has looks into the already existing problems of management and
poor implementation of policies that have continually prevented the smooth
running and administration of the estate. It also provides the way out of these
problems and present possible ways of attaining high level of efficiency in the
course of management prominent in the study is the impact of proper maintenance
culture in the area.
1.4 SCOPE
OF THE STUDY
The
study focuses on the management procedures and strategies that are to be
employed in the management of low income housing estate with a particular
reference to Olofa housing estate.
1.5 LIMITATION
OF THE STUDY
This
dissertation or research work is limited on a residential housing estate
basically on Olofa housing estate at Offa Kwara State. And it is meant to examine
relevant problems associated with management of residential housing estate.
1.6 STUDY
AREA
GEOGRAPHICAL SETTINGS OF THE STUDY AREA
Offa
is located in Kwara State in central Nigeria with a particular of 300 – 400
thousand. The vegetation in Offa is savanna vegetation and the city is noted
for its weaving and dyeing trade, using vegetable dyes made from Indigo and
other plants. Offa is well known for cultivation of sweet potatoes and maize
which form part of the favorite staple foods in the indigene in the town. Offa
in one of her eulogy is being address as the home of sweet potatoes, cattle,
goat and sheep.
Offa
is the second largest town in the central Nigeria with geographical coordinates
of 8’9N4’43E.
The
ancient tradition for which the town is known as wrestling Offa’s rich history
is comprehensively documented in a book written by James Bukoye, Olafimihan an
educationalist and clergyman titled ‘Iwe Itan Offa’ literally translated to the
book of the history of Offa.
The
two royal families in the city of Offa are the Anilelerin (the major ruling
house) and Olugbenga these are family names which are well in Offa history
prominent individual who are known nationwide includes, Aremo (Prof) Mosbalaje
Olaloye Asiwaju of Offa) (OON), Dr. Tunji Olagunju. The Ijaly as Offa was first
settled around AD 1000 by Yoruba the Offatedo of Osun State, Iyana.
The
present king is the Olofa of Offa, Oba Mufatau Gbadamosi Esuwoye II. The
prominent of knighted chiefs of Offa include Esa, Ojomu, Sawo and Balogun. The
praise name of Offa is “Ijakadi Loro Offa’ Yoruba phrase meaning “wresting is
our game”. The Citys Mascot is the Peacock bird which is one of the most
prominent exotic avian species in the region and also because the town is a
beautiful place.
Offa
grammar school is the first community grammar school in Northern Nigeria. Offa
has more recently become well known in Nigeria
for being home to Adesoye College Adesoye
College is one of the most prominent
private schools in Nigeria.
The school’s proprietor, Chief Adesoye is also the founder of Okin Biscuits.
Both institution have brought him and Offa fame throughout Nigeria.
1.8 DEFINITION
OF TERMS
i. Housing:
A residential environment consisting of physical structures that man uses for
shelter which include necessary amenities for the physical social and mental
well being of the community.
ii. Property
Management: This is the conscious direction and control of an interest
in real property with the sole aim of security and optimum return that could be
financial or social.
iii. Low
Cost: Decent housing provided at reasonable price for low income groups
of people in various part of a country.
iv. Lease:
This is a form of property transfer arrangement where the land owner lessor
transfer the use and possession of his property to another (lessee) for a
definite period of time in consideration for payment of rents that can be other
wise subject to eh arrangement between the two parties.
v. Maintenance:
This is the action taken to preserve a building or workers with its finishes
and fittings on their initial state.
vi. Estate
policy: The setting forth of framework of objectives and the means by
which they are to be achieved.
vii. Obsolescence:
This occurs when a building is physically and functionally exhausted without
any useful life as it stand when no longer economically worthwhile to keep it
in use.
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