ABSTRACT
The main aim of this
project is to examine the challenges of managing publicly developed residential
estates in Lagos, using Festac Town as, the case study. For such an estate to
maintain its value, need to be provided to prevent it from obsolescence.
In a developing nation
like Nigeria, the Government is trying very hard to improve on the quality of
their services in terms of social amenities, infrastructure, water supply,
waste disposal, street light etc. so that the residents of the estate‑ would
derive sufficient benefit. The magnificent estate which come into being as a
result the decision of the then Federal Military Government to initiate a large
housing scheme with the metropolitan area of Lagos in order to provide shelter
to a large number of people. Another aim of initiating this project among other
thing is that the Federal Housing Authority (FHA) should embark on a deliberate
preventive maintenances policy in the estate.
In the course of this
research, questionnaires were administered and 38 copies were answer. It was
found that occupancy ratio in Festac
Town is high. Finally,
the project recommended that before the actual allocation of residential
accommodation in any public estate, new occupants should be given proper
orientation, enlightment and awareness of the facilities provided and the need
for their proper maintenance so as to prevent them from further deterioration.
TABLE OF CONTENTS
Title Page
Certification i
Dedication ii
Acknowledgement iii
Abstract vii
Table of Contents iv
Chapter One
General Introduction
1.1 Introduction 1
1.2 Statement of Problem 2
1.3 Aim and Objectives 2
1.4 Significance of Study 3
1.5 Scope of Study 3
1.6 Limitation of the Study 3
I.7 Definition of Terms 4
References 6
Chapter Two
Review of Literature
2.1 Introduction 7
2.2 Historical Background 8
2.3 Concept of Property Management 12
2.4 Management of Public Estate 13
2.5 The Role of Estate Surveyors in the
Management
of Public Developed Residential Estates 14
2.6 Problems of Public Estate Management 16
References 21
Chapter Three
Research Methodology and
Study Area
3.1 Sources of Data 22
3.1.3 Primary Source 22
3.1.2 Secondary Source 24
3.3 Characteristics of the Population of Study 24
3.4 Questionnaire Administer 24
3.5 Collection of Responses 26
3.6 Limitations of the Research Methodology 26
3.8 Study Area/Case Study 27
Chapter Four
Data Presentation and
Analysis 29
4.1 Introduction 29
4.2 Presentation and Analysis of Data 29
4.3 Analysis of Data 29
4.4 Analysis of other relevant data 30
References 31
Chapter Five
Summary of Findings, Recommendations and Suggestion
for Further Studies
5.1 Summary of Findings 34
5.2 Recommendations 34
5.3 Conclusion 37
5.4 Suggestion for further Studies 38
Bibliography 39
Appendix 41
CHAPTER ONE
GENERAL INTRODUCTION
1. 1
INTRODUCTION
In general buildings are
under managed in Nigeria
particularly in the public sector Housing, other reasons that would be advanced
for this little attention on managing public estates includes wrong priorities
and the erroneous feeling that whatever is maintained is invariably inferior to
new building. There can be little doubt however, that dilapidated and unhealthy
buildings in a decaying environment depresses, the quality of life and that the
condition and quality of building reflects public pride or indifference.
Public building can be
defined as land and building that are owned by the government. A lot of capital
is invested into the erection of buildings for the use of the general public to
serve one purpose or the other this may be to provide social services for the
public or due to large capital by such projects make government to invest in
its construction at a subsidized rate etc.
1.2 STATEMENT OF
PROBLEMS
In Nigeria,
property management has been neglected by property owners. Presently,
deteriorates at a very fast rate and thereby reducing the value of the
property. These questions now readily comes to mind:
i. Why has property owners left
their properties in a bad state without doing something about it? Is It due to
financial problems, constructional problems of social problem?
ii. How effective are the
management measures implemented by the housing corporations in public estates?
1.3 AIM AND OBJECTIVES
The aim of this study is
to examine the challenges of managing public developed residential estates in Lagos using Festac Town
as a case study.
The objectives of the
study are:
1. To assess then satisfaction
level of the residents of public housing units.
2. To determine the various
infrastructural facilities that exists in Festac Town.
3. To analyze the problems confronting the
management of public developed
residential estate.
4. To suggest ways of solving the
associated problems with the management of public residential estates.
1.4 SIGNIFICANCE OF
STUDY
This study is
particularly relevant in the area of property management because it will help
in providing solutions to the problems being encountered in the management of
public buildings estates. The study will also provide a sustained body of
knowledge that will encourage further research in this regard.
1.5 SCOPE OF STUDY
The scope of this Study
is limited to the challenges of managing public developed residential estate in
Lagos State. A study of Festac Town.
1.6 LIMATATION OF THE
STUDY
The problems encountered
during the course of the study are:
i. The absence of adequate record
ii. Time is another set back
encountered because this student had to rush the work so as to meet the
submission date.
iii. Problems of data collection
due to the attitude of the management concerned and respondents to complete
questionnaires and oral interview.
Therefore, this project
work is limited to the facts and figures within the reach of the researcher.
1.7 DEFINITION OF TERMS
1. Management: Is the planning, motivating and regulating the
activities of person towards effective and economical achievement and
accomplishment of a given common task.
2. Public Estates: These are land and building owned, and directly
managed by public authorities and those rights of control which authorities
exercise over the state of all private owners.
3. Property Management: The process of maintaining and creating value
in real property consistent with the owner’s objectives and in compliance from
the highest standard of professional ethnics.
4. Infrastructures: Is used to describe services and facilities that are
integral part of urban community life.
5. Estate: This is a legal entity denoting the character and quality of
rights that an owner posses in property management purposes.
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