“…Many real estate projects had collapsed such as the 2016 Lekki Gardens building collapse, the collapse of the Four-Square Towers 21-story building, Gerald, Ikoyi, Lagos in 2021. Many real estate projects were not sold over a long period, in other cases, finished projects are auctioned by development creditors due to the failure of the developers to redeem the mortgages (Obi, Nwalusi and Okeke 2022). This shows waste or tying down of economic resources that ought to have been used for other developments (Na Ayudhya and Kunishima, 2019).…”