ASSESSING THE DETERMINANTS OF EFFECTIVE LAND MANAGEMENT IN REAL ESTATE PROJECT IMPLEMENTATION
Authors: Chinedu Emmanuel Okafor, Ifeanyi Gabriel Nwankwo
DOI: 10.5281/zenodo.17183680
Published: January 2024
Abstract
<p>This study focused on investigating the factors affecting effective land management in real estate project implementation in Asaba, Delta state. The objective was to identify and analyze the key land management factors that affect real estate implementation in order to determine the most critical and significant constraining factors to real estate projects implementation in Asaba, Delta state. Descriptive survey method was used in the study. In order to realize the aim of the study, a survey of 4 housing estates located in different parts of Asaba were used as sample base for the study. 120 questionnaires were designed and administered to professionals in real estate projects. Data collected were analyzed using Descriptive statistics, Multiple Regression analysis model and Relative Importance Index. The results revealed that the real estate projects surveyed recorded 55.69% performance level. Results of multiple regression analysis showed that the identified land management factors significantly affected real estate project implementation in Delta state. The RII and the t-test results revealed that factors relating to Land Registration, Uncoordinated Land Policies and Site Management have the highest-ranking effect on the performance of real estate projects in Asaba. The study recommends among others, the prompt and affordable land registration with favourable land policies and proper management of real estate sites in order to avoid conflict and court litigation which hampers the successful implementation of real estate projects in Delta state, Nigeria</p>
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