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Challenges of Flooding on the Rental Values of Properties in Asaba Capital Territory, Delta State

Dr. Udobi Alexander Nnamdi

Subject area: Science,Engineering and Technology  ·  Area of research: Estate Management

Abstract

Flooding is as old as man. Its devastating effects are beyond imagining. Holy book, the bible recorded in the book of Genesis chapter Seven that the old world was destroyed not too long after creation through the flooding and only 8 people were saved - Noah and his family and since then the world have not ceased to experience flood at one point and another. Flooding is an overflowing of water onto land that is normally dry. Floods can happen during heavy rains, when ocean waves come on shore, when snow melts too fast, or when dams or levees break. Flooding may happen with only a few inches of water, or it may submerge a house to the rooftop. Several Nigerian communities had in recent times experienced an upsurge of groundwater flooding with devastating effects. The demand for land for development had not been without attendant problems caused by the flood. This research identified the nature, causes and main factors that cause groundwater flood and their impacts generally and on real property value. Questionnaires were designed and administered on respondents from the research area. It was found from the frequency distribution table and percentage statistical charts analysis that property values are adversely affected by flood. And that flood activities hinder appreciable land development. This research recommends among other things the enforcement of building and other environmental laws aimed at reducing the incidence and effect of flood, the use of flood resistant building materials by developers and the use of modern digital GIS devices in flood forecasting.

Keywords

Challenges, flooding, rental values, real properties, and Asaba.

References

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How to cite this paper

Dr. Udobi Alexander Nnamdi "Challenges of Flooding on the Rental Values of Properties in Asaba Capital Territory, Delta State" Iconic Research And Engineering Journals Volume 4 Issue 11 2021 Page 206-216
Dr. Udobi Alexander Nnamdi "Challenges of Flooding on the Rental Values of Properties in Asaba Capital Territory, Delta State" Iconic Research And Engineering Journals, vol. 4, no. 11, May. 2021
Dr. Udobi Alexander Nnamdi (2021). Challenges of Flooding on the Rental Values of Properties in Asaba Capital Territory, Delta State. Iconic Research And Engineering Journals, 4(11).
Dr. Udobi Alexander Nnamdi "Challenges of Flooding on the Rental Values of Properties in Asaba Capital Territory, Delta State" Iconic Research And Engineering Journals, vol. 4, no. 11, May. 2021.
@article{1702730,
      author = {Dr. Udobi Alexander Nnamdi},
      title = {Challenges of Flooding on the Rental Values of Properties in Asaba Capital Territory, Delta State},
      journal = {Iconic Research And Engineering Journals},
      year = {2021},
      volume = {4},
      number = {11},
      pages = {206-216},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1702730.pdf},
      abstract = {Flooding is as old as man. Its devastating effects are beyond imagining. Holy book, the bible recorded in the book of Genesis chapter Seven that the old world was destroyed not too long after creation through the flooding and only 8 people were saved - Noah and his family and since then the world have not ceased to experience flood at one point and another. Flooding is an overflowing of water onto land that is normally dry. Floods can happen during heavy rains, when ocean waves come on shore, when snow melts too fast, or when dams or levees break. Flooding may happen with only a few inches of water, or it may submerge a house to the rooftop. Several Nigerian communities had in recent times experienced an upsurge of groundwater flooding with devastating effects. The demand for land for development had not been without attendant problems caused by the flood. This research identified the nature, causes and main factors that cause groundwater flood and their impacts generally and on real property value. Questionnaires were designed and administered on respondents from the research area. It was found from the frequency distribution table and percentage statistical charts analysis that property values are adversely affected by flood. And that flood activities hinder appreciable land development. This research recommends among other things the enforcement of building and other environmental laws aimed at reducing the incidence and effect of flood, the use of flood resistant building materials by developers and the use of modern digital GIS devices in flood forecasting.},
      keywords = {Challenges, flooding, rental values, real properties, and Asaba.},
      month = {May},
  }