NEW AFRIKA, IMODI/IMOSAN
Ago-Iwoye, Ijebu North, Ogun State, Nigeria
Overview
|Description
A perfect blend of tranquility, accessibility, affordability, and great appreciation potential.
Location:
Along Ago iwoye road, imodi/imosan, Ogun State
Landmarks:
- Ifesowapo Comprehensive High School
- Imodi-Imosan Microfinance Bank
- ACO Estate
- Ikangba Housing Estate
- Olabisi Onabanjo University, Ago-Iwoye
- Erinlu–Imodi Road
Frequently Asked Questions (FAQ)
Q: What are the associated statutory fees upon making full payment for the land?
Registered Land Survey: ■450,000 (per plot)
Deed of Assignment: 10% of the land purchase price
Optional
Documentation (C of O):
300 SQM: ■1,000,000
500 SQM: ■2,000,000
600 SQM: ■3,000,000
Development Fee: ■200,000 (per plot)
Allocation Fee: ■50,000
NB: Development fee is not time-bound, but it is advisable to pay promptly as the price may be reviewed periodically.
Q: When can I make these payments?
Payment for the documentation fee can be conveniently spread over 3 months after physical allocation.
Q: Are there any encumbrances on the land?
There are no encumbrances on the land. The land is free from all known government acquisitions, interests, or adverse claims.
Q: When can I begin construction on my land?
Construction can commence immediately after physical allocation.
Q: When will infrastructures be put in place within the estate?
Infrastructural development commences after the estate launch, with a completion time of thirty-six (36) months. However, subscribers can commence construction on their plot while infrastructure is being put in place within the estate.
Q: Can I sell my land?
Yes, you can sell your land at any time.
Q: What happens if I cannot complete the payment for the land?
You could either trade the land or apply for a refund.
Allocation
- Plot reservation is made upon an initial deposit being made for the land or upon full payment being made.
- Physical allocation exercise is done within 15–30 working days upon receipt of full payment and payment for Deed of Assignment & Survey Plan where applicable.
- After physical allocation, subscribers are urged to make provisions to clear their portion of land periodically.
Default Policy
- Subscribers are urged to make monthly payments and are to notify the company in cases where payments cannot be made in three consecutive months.
- A default in the agreed payment tenure will activate a longer payment plan at an extra cost.
- Outstanding payments exceeding 12 months will be charged a monthly fee of 10% on the outstanding balance.
- In extreme cases such as no-show, such client will either be refunded or relocated to another estate owned by the company.
Refund Policy
Clients seeking a refund should write to the company via the official email. A refund with 35% administrative fee deducted will be made not later than 90 working days from the date of application.
Additional Details
- 1 Acre: 9,000,000
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1 Comment
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EDEN GARDEN AND RESORT
John Doe
on said
This is a sample comment. We have been extremely pleased with your attentiveness, communication, honesty and advice throughout the entire process. Selling a house is a stressful occurrence for anyone and you have helped to make it as smooth as possible for us. We feel that you truly go beyond the general duties of a real estate agent with thorough follow ups, reporting and always being ‘on top’ of potential buyers.