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Showing posts from March, 2025

PROPERTY DEVELOPMENT AND URBAN PLANNING

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  PROPERTY DEVELOPMENT AND URBAN PLANNING Property Development and Urban Planning is the guiding and directing the use and development of Land, urban environments, and services in order to ensure economic development, quality of life and sustainable urban living. Although there are various contexts of property development and urban planning. But in this article, we are concentrating on  Mixed-use Projects and Transit-Oriented Development (TOD). 1. Mixed-use Development Mixed-use development is the combination of residential, commercial, cultural, institutional, or industrial uses in a single space or neighborhood. The common features to identify Mixed-use Development are Residential apartments above retail shops or offices, Live-work-play environments, Shared infrastructure (like parking, green spaces, and waste management).Walkable distances and reduced need for commuting. Same Examples in Nigeria is Eko Atlantic City, Jabi Lake Mall Precinct (Abuja) Benefits: It encourages e...

PROPERTY INSURANCE: TYPES OF COVERAGE, CLAIMS PROCESS, AND COVERAGE GAPS

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PROPERTY INSURANCE: TYPES OF COVERAGE, CLAIMS PROCESS, AND COVERAGE GAPS   Property insurance  provides protection for possible risks that occur to property, such as fire, theft and some weather damage.   It   protects individuals and businesses from financial losses due to damage or loss of physical assets. Various coverage options, a structured claims process, and potential gaps that policyholders should be aware of are included. 1. Types of Property Insurance Coverage Various types of property insurance handle different risks, including natural disasters, theft, and liability. a. Homeowners Insurance:  Covers damages to a residential property, including fire, storms, and vandalism, that is called Dwelling Coverage. Insurance that covers personal belongings against theft or damage is called Personal Property Coverage, the insurance that protects against legal claims when someone is injured on the property is called Liability Coverage. ...