Download the complete estate management project topic and material (chapter 1-5) titled AN APPRAISAL OF THE IMPACT OF OFF-CAMPUS STUDENTS ACCOMMODATION ON RESIDENTIAL PROPERTY VALUES IN AWKA METROPOLIS here on PROJECTS.ng. See below for the abstract, table of contents, list of figures, list of tables, list of appendices, list of abbreviations and chapter one. Click the DOWNLOAD NOW button to get the complete project work instantly.
The Project File Details
The main purpose of this research work is to look into the impact of off-campus students’ accommodation on residential property values in Awka metropolis. The rapid expansion of schools has brought with it many problems associated with the difficulties of providing basic infrastructure within the school. The most outstanding of all the problems is the problems are that of provision of adequate housing facilities for the growing population of students. This study therefore aimed at identifying the extent to which the inadequate students’ housing has affected the rental value of properties in Awka metropolis. To achieve this aim, the surveyor’s research method was employed with the use of questionnaire. (Open ended and closed ended), oral interview, personal observation and the use of library. Having carried out a careful and analytic study, the following findings were made; The study revealed that there is inadequate students’ housing in Awka metropolis. It was also found that inadequate student’s housing has an impact on rental values, reduction in aesthetic values of properties, high rate of dilapitation of properties, an unplanned environment and polluted environment as a result of indiscriminate disposal of waste .
LIST OF TABLES
TABLE 1: Response on whether students who live off-campus pay
Higher rent than those who live on-campus?
TABLE 2: Rental levels in parts of Awka as at 2016/2017
TABLE 3: Response on whether there is high rent in Awka
Metropolis as a result of Student’s Off- Campus
TABLE 4: Answer on whether students who live off-campus break
and damage the building elements thereby constituting
Nuisance to the other occupants of such buildings
TABLE 5: Response on whether students who live off-campus
Pollute their environment and reduce the aesthetic
Condition of the building
TABLE 6: Answer on if students who live off-campus constitute
Insecurity to the environment where they reside by
Bringing their violent friends
TABLE 7: Response on whether students pollute the environment
Through indiscriminate disposal of waste
One of the foremost urban problems in Nigeria today is the problem of housing. This problem may be defined in three ways:-
The degree of these housing problems is reflected in the high room occupancy rates in many cities and in the rapidly rising rent levels. It also led to persistent rise in the rate of inflation. In effects, there is extra ordinary low propensity to save among the Nigerians of all socio-economic groups. This has been reflected in the low rate of capital formation in spite of government efforts to encourage investment in the recent years.
Rents for residential accommodation in our cities and urban centers are generally high for obvious reasons. The rural/urban migration, high demand for housing, in relative to supply spiraling inflation and high building cost contribute in no small measure to high rents. The generally depressed state of the economy have made rents to hit the roof and out of reach of the common man. The demand for accommodation is affected by economic activities. The expanding of old towns, improving and altering communication and decentralizing offices and industries to less buoyant areas will affect the land values.
Due to shortage of hostels in the face of rapid growth in student’s population, there is a very serious overcrowding in the hostel. Room originally designed for one or two students now contain six to 10 students respectively without expansion of existing services to accommodate the increased population.
There is so much pressure on the services that they break down frequently. Students virtually sleep on top of one another. The condition becomes so chaotic; a slum situation develops within the hostel premises. Most of the students in the hostels are occupying the rooms without official permission. Usually, the school authority admits a specific number of students per room, but the few lucky ones who are offered accommodation become “landlords”. The tenant has no choice but to pay because he wants to stay within the school community. The hostel under this condition is no more a home to the student; the chaotic life and the slum situation have adverse effects on the student’s daily life, his psyche, academic performance, and above all, his attitude to constituted authorities.
A few years ago in the early seventies, all the universities in the country used to provide adequate hostel accommodation for their students, although, it was not obligatory on the students who opted for off campus to live in the hostels. They stayed within some walking distance from the campus until commuter busses were introduced. This was the beginning of the off-campus syndrome.
At that time, the university authorities leased enough building in the neighborhood for those students who could not be housed in the hostel or those who opted to live off-campus. The wisdom of this kind of accommodation arrangement by the universities stemmed from the traditional orientation, whereby the authorities could very easily account for the student’s living condition and see to there day to day activities. Also this method of accommodation encouraged communal living and offered the students easy access to their general welfare.
The student who did not pass through well-established secondary schools learnt easily from one another. They gradually developed good habits, spirit of sportsmanship, mutual loyalty and love for their alma-mater. Apart from these, it also enhanced a healthy academic environment and encouraged keen competition amongst the students, particularly in academics and sports.
NnamdiAzikiwe University, Awka has provision for hostel accommodation managed by the school authority. This notwithstanding, many students still live off-campus due to the fact that the accommodation provided by the school is not sufficientand can hardly accommodate even as little as 10% of the population of the students in the university,
The topic of study in this project is an appraisal of the impact of off-campus students’ accommodation on residential property values in Awka metropolis.
There have been tremendous increases in rentals of residential property values in Awka metropolis especially around the university environs. These high rentals are such that the poor masses find it difficult to afford. The rapid growth in rent and shortage of residential accommodation has seriously threatened social and economic stability of the society and the country in general
The aim of this study to appraise the impact off campus student hostel has on residential property value in AwkaMetropolis
1.5 SIGNIFICANCE OF THE STUDY
The research work on the impacts of off-campus student’s accommodation on residential property values in Awka metropolis has a lot of significance. It will draw the attention of the public including the government on the need for hostel accommodation in our tertiary institutions. This will not only ensure cheap rental accommodation for students, but will provide easy access to housing for all the students of our tertiary institutions.
The problem of students housing has today assumed a great dimension and has seriously threatened social and economic stability of the society and the country in general. The government as a matter of fact will appreciate and understand the risk and the environmental hazards the students are exposed to after reading this work. This will enable them to take urgent steps in ameliorating the housing problems of the students.
However, the findings and recommendations to be made from this study will be very useful to both students and researchers who may wish to carry out further researchers who may wish to carry out further research on this topic or other related topics.
The research is on the impact of off-campus student’s accommodation on residential property values in Awka metropolis as well as well as the effects on the environment especially in NnamdiAzikiwe University, Awkawhich is my study area. It will cover the different areas where students hostel can be found which includes Ifite, Temp Site, Amansea, Aroma, Regina and Okpuno.The causes and effects with respect to UNIZIK were also examined and possible solutions and control measures were equally suggested. The various agencies in the area were identified together with the problems.
1.8 STUDY AREA
Awka is situated in the Eastern Nigeriacoordinates 6 12 25 N 7 04 04 E
Awka is the capital of Anambra State, Nigeria with an estimated population of 301,657 based on the Nigerian 2006 census. The city is located 199.1 kilometer, by road, directly north of Port Harcourt in the center of the densely populated Igbo heart land.
Awka has a large university community which at times comprises around 15% of the population of the town. It hosts two primary universities of higher/tertiary education which are NnamdiAzikiwe University and Paul University.
Nnamdiazikiwe university is owned and run by the federal government of Nigerian providing undergraduate and post graduate education to an estimated student population of 36,000 at its over 100 acre main campus located at Ifite, Awka.
It is against the background of this study that it has investigated the impact off campus student hostels on residential property values in Awka Metropolis.