THE CHALLENGES OF MANAGING PUBLICLY DEVELOPED RESIDENTIAL ESTATES IN LAGOS (A Case Study of Festac Town)

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Product Code: 00005768

No of Pages: 43

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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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