An urban area is an area with a population figure of more than fifty thousand people living inside it. If the population is less than fifty thousand, it is called a cluster. Most urban cities of the world are under security surveillance 24 hours a day to ensure the security of lives and property in that particular area. What are other things that can qualify a city to be classified as an urban city aside the population? Few of them are:
1) Adequate water supply: Supply of adequate quality water is a must in any urban city. It is really unfortunate that it is not so in Nigeria, as most Nigerians depend on bore-holes or streams to get their own supply of water, and these types, more often than not, comes untreated.
2) Constant power supply: This enhances the beauty of the city because when it is night, everywhere will be illuminated, thereby enhancing visibility.
3) Good transport system: There must be an effective transport system in an urban city and the motorists and the other road users must obey the traffic rules. When this is done, traffic gridlocks and avoidable accidents can be averted.
4) Housing: One of the major causes of urbanization is the movement of people from the rural areas to the city. With this in mind, a good leader should see this as an opportunity to expand the city and erect well planned modern houses in specific places to accommodate the influx of people coming to the city. Though this rise in population is ever increasing, and that is the reason you have high rise buildings in many cities of the world today. This is a step taken to accommodate the ever-increasing population to the cities, and this is where the real estate investor comes in. There will never be a time that the government can provide accommodation to all the citizens. But with the efforts of the real estate investors, together with that of the government joined together, there can be better living accommodation for the populace, and also, investments opportunities for the real estate investor, which translates to more money flowing into his bank account.
At the end of all, the man from the village to the urban city will be happy to have a beautiful accommodation where he lives, the estate investor will be happy because the cash is coming. At the end of all, the parties will be happy, and that is a sign of good business. Remember that in as much as investing in real estates is a business, it equally entails adding value to life. People are willing to pay any amount to have a comfortable accommodation. The place where you live enhances your profile to the general public and that is the reason the estate investors or people that cannot be waved aside as far as human life is concerned.