9 Adebayo Ogunronbi Close, Ogudu Road, Ogudu, Lagos.
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Pakuro Scheme

32 published answers available.

Q1. Where is Pakuro Scheme?

Ans: Pakuro Scheme is off Lagos-Ibadan Expressway, you turn off opposite Deeper Life Camp about 10 minutes drive inside.

Q2. What are the names of other estates and institutions within 3 KM radii of Pakuro Scheme?

Ans: P.E Pakuro: Yabatech Staff Estate, Ministry of Defence Co-op Staff Estate and Diamond Estate.

Q3. Who acquired and is selling the Pakuro Schemes?

Ans: Realty Point Limited. REALTY POINT LIMITED (RC 621592) is a dynamic multifaceted Pan-African real estate going concern primarily involved on the supply side of the industry, with a strong presence in Real Estate Development, Investment, Training/Consultancy and Marketing Syndications.

Q4. What is the price per plot for residential and commercial plots respectively?

Ans:   Residential Plots   Commercial plots   Pakuro Scheme N2,000,000/plot Outright  Call

Q5. What is the size of residential?

Ans: Approximately 648 square meters or 60ft x 120ft or 18meters x 36 meters for Residential.

Q6. Will any infrastructure be provided in this scheme by the developer?

Ans: No.

Q7. Is there any encumbrance on the landed properties?

Ans: Ratifiable acquisition.

Q8. How may infrastructures be provided in this scheme?

Ans: Self-help efforts of the subscribers individually or through an organized body of subscribers and/or in addition to whatever the government provides.

Q9. How will increase in price affect subscribers?

Ans: Increase in price will not affect existing subscribers in any way except if/when they want to subscriber for additional plot(s).

Q10. What other payments do I make apart from the payment for the land?

Ans:  1. Survey fee: N150,000 2. Legal Documentation fee: N100,000

Q11. When will my (plots) be allocated to me?

Ans: Physical allocation will be made immediately after completion of payment for Land, Documentation & Survey

Q12. Can I start construction or building on the land now?

Ans: Yes, you can start building on the land immediately after physical allocation and doing the needful with relevant regulatory authorities.

Q13. What do I get after completion of payments for the land, survey and documentation?

Ans: Deed of Contract, Receipts, Letter of Allocation, Deed of Assignment with the Survey.

Q14. Can I indicate where I should be allocated within the Scheme?

Ans: We allocate progressively on first in line basis at the discretion of the company. However, preference shall be given to request for corner piece(s) plot allocation provided it is still available subject to the payment of a fee.

Q15. What is the process for the transfer (or change of name) of ownership of the property?

Ans:   We recognize that buyers may need to sell their purchase for varying reasons. However, due to the administrative and legal issues required in the proper transfer of these purchases, we would only honour transfers once full payment has been made. Both buyers have to complete our Housing Unit Transfer Form after which title documents and a Purchase Agreement will be issued to the new owner (buyer). A non refundable fee of N100,000 (One Hundred Thousand Naira only) per unit is payable before the necessary transfer documentations can be made. The transfer fee is subject to review.

Q16. When is the delivery/handover date from date of completion of pay

Ans: It is anticipated that the developer will complete the building between 3 to 6 months after payment of the last installment and all other applicable fees. For Rent-To-Own Option, Realty Point Limited will get the property ready for Purchaser’s occupation or rental under the management of Realty Point Limited within 3-6months after the payment of the initial down payment and the first installment of the 60months installments.

Q17. What type of finishing are we expecting?

Ans: BUNGALOW SPECIFICATIONS TYPE A: Building Exterior Complete roof installation, UPVC windows, Front & Back security doors, Texcote/Emulsion paint on external rendered wall, Balcony hand railing Building Interior Plastered cement walls, PVC ceiling board, Plastered partition walls, Conduit, wiring and fittings, Water closets in Toilets, Kitchen Zinc , Drainage pipes & fittings, Internal doors (panel/flush) TYPE B: Walls –  External and Internal walls are rendered and painted in Emulsion paint except kitchen, Toilets and Bathrooms. –  Kitchen walls are finished with glazed ceramic tiles up to a height of 2.10m (i.e Floor to door level) –  Visitors’ toilets are finished with glazed ceramic tiles up to a height of 1.50m –  Toilets (with bathrooms) are finished with glazed ceramic tiles to a height of 3.00m (i.e Floor to roof level) Floors –  Sitting, Dinning and Terraces are fully vitrified ceramic floor tiles. –  Toilets and bathrooms are Ceramic floor tiles. –  All rooms are PVC floor tiles. Ceiling –  All ceiling areas are finished with PVC Ceiling stripes. Doors –  Internal doors are quality imported timber panel doors. –  External doors are quality imported iron doors (Buono brand or approved equal) Windows  –  All windows are coated Aluminum casement windows with burglary bars. Fittings & Fixtures  –  Includes Handrails, wardrobes, kitchen cabinets with granite work top. –  All rooms are en-suite

Q19. Can I amend my structures after taking possession?

Ans: You can amend internally, but for external amendments, approval must be sought from the estate management firm and relevant government quarters. However, Gate house, Generator house and Perimeter fence are allowed in the following dimensions: The Gate House must be ensuite and not more than 12m2 inclusive of any space for cooking if necessary. –  The generator house should not be more than 4.5ft and 7-10sqm in space. –  Low fence (American fence type) block work height of not more than 1m to the ground. –  BQ structure may be approved for the 3 Bedroom fully detached structure according to RPL’s proto type design and specifications.

Q21. How will I know if my property is ready?

Ans: Owners will be notified in writing upon completion of the project. However, note that possession and occupation of the bungalow shall be deemed to have commenced from the date fixed for Handover and all risks and benefits in respect of the property shall be passed to the purchaser.

Q22. Can RPL manage my property for me?

Ans: Yes, Realty Point Ltd has an arm that manages properties for a fee.