Lists
ListsOseni, Waheed (2025) Financial and technological innovation in real estate negotiation development and resale in Nigeria. In: Nigerian Institution of Estate Surveyors and Valuers (NIESV) 55th annual conference, 5-10 May 2025, Abuja, Nigeria.
Preview |
PDF (PDF/A)
Financial and technological innovation in real estate negotiation development and resale in Nigeria_OseniW_accessible.pdf - Published Version Download (1MB) | Preview |
Abstract
Nigeria's real estate sector is experiencing a transformative shift, driven by financial and technological innovations that are altering traditional practices of negotiation, development, and resale. With a growing population, rapid urbanisation, and increasing demand for residential and commercial properties, the Nigerian real estate market is ripe for innovation. This paper investigates the impact of fintech and proptech innovations in reshaping the Nigerian property landscape. It critically analyses the application of blockchain, smart contracts, artificial intelligence (AI), virtual reality (VR), Internet of Things (IoT), and digital financing platforms in real estate processes. The research further explores challenges to implementation, including regulatory uncertainty, infrastructure limitations, data integrity issues, and resistance to change. Drawing on empirical data, industry reports, and academic literature, the study presents a comprehensive overview of how innovation can contribute to transparency, efficiency, and inclusivity in Nigeria's real estate sector. Recommendations are made for policymakers, investors, developers, and regulators to harness these innovations for sustainable urban and economic development.
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Keywords: | Artificial intelligence (Al), Virtual reality (VR), Internet of Things (loT), and Digital financing platforms |
| Subjects: | Computing > Intelligent systems |
| Related URLs: | |
| Depositing User: | Waheed Oseni |
| Date Deposited: | 02 Jun 2025 14:27 |
| Last Modified: | 02 Jun 2025 14:45 |
| URI: | https://repository.uwl.ac.uk/id/eprint/13745 |
Downloads
Downloads per month over past year
Actions (login required)
 |
View Item |
