FAQ

Ans: You will not have any nexus with Omo-oniles. No Omo-onile wahala. If at all there is, we deal with that, not you.

Ans: Realty Point Limited initiates the process of getting C of O immediately as part of the acquisition process. We already have C of O for PE Igbesa.

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.

Ans: Receipt, Deed of Contract, Letter of Allocation, Declarations of Deed Restrictions (Consists of Estate Covenant and Constitution of Landlord Association) also the Estate Management Agreement and Deed of Assignment.

Ans: Yes, you can start building on the land immediately after physical allocation.

Ans: Physical allocation will take place after completion of payment for Land, Documentation, Survey, Development Levy Deposit and a standing order for the Development Levy Balance. The company shall identify the plot to be allocated and issue the subscriber a Sketch Survey. Upon receipt of the Sketch Survey, the subscriber is expected to move to site and take possession by commencing construction work, the least of which has to be perimeter fencing of the plot with gate within 2months of getting the sketch survey. It is the commencement of work within the 2months that will activate the issuance of the original Survey, Declaration of Deed Restrictive Covenant, Estate Management Agreement and the Allocation Letter. It is strictly an attempt to ensure development in the estate is in a systematic way such as will enhance value of investment within the estate for all. Over subscription is being guided against and every subscriber who pays up on his/her subscription shall be allocated within the estate. Subscribers are encouraged to buy their sandcrete building blocks from Realty Point Ltd.

Ans: Provision of drainage, electric poles and strings for the distribution of energy, randomly sited water stations and road network

i)Legal Documentation Fee: N 100,000 ii.) Survey Fee: N150,000.00/plot (Individuals) or N 214,500 / plot (Commercial/corporate body)  iii.)Development Levy: N972, 000 per plot (1,500 per sqm) iv)   iv) Plot Maintenance Fee:       N2, 000monthly   v) Electricity Connection Fee: N50, 000 Thereafter, Estate Services & maintenance Fee becomes payable per annum 12months after allocation Plot Maintenance Fee applies only to a subscriber that is not coming forward to fulfil the requirements for allocation after paying for the plot(s).  It becomes due and starts to accrue 12months after the completion of payment for plot (i.e the 13th month) till the client steps forward and fulfils all the necessary conditions for allocation.  When necessary payments for allocation are to be made, arrears of Plot Maintenance Fees will have to be paid first. Kindly note that the fees stated above (i-v) are payable before allocation, are subject to review and to be paid per plot. Where review of any fee takes place before a subscriber completes such payment, the reviewed amount is what becomes payable by the subscriber.

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

Ans: Electric poles and strings, piped water system, drainage, and road network.

Ans: Perimeter fencing, earth road, transformer and connection to the national grid, boreholes randomly sited to assist during construction.

Ans: Before we commenced these projects, our thorough investigation reviewed that the landed properties are free from every known government acquisition and no adverse claimant at

Ans: Green parks, Police/Security Post. These are to be maintained by RPL on behalf of the residents.

Ans: Approximately 648 square meters or 60ft x 120ft or 18meters x 36 meters for Residential and Commercial plots are as indicated in the approved layout. When allocated, account between RPL and the subscriber will be reconciled as to the actual size of the allocated plot(s). Where allocated plot is less than 648sqm, RPL will credit client’s account with the differential at the rate of purchase and vice. versa

Ans:   Residential Plots Commercial plots    P.E Igbesa  Only Available in Secondary Market with the following payment options:  N3,000,000 per plot (Outright or 3 month payment)  N 4,500 per/sqm (Price inclusive of plots & Development Levy

Ans: Realty Point Limited. REALTY POINT LIMITED (RC 621592) is a dynamic multifaceted PanAfrican 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.

P.E Igbesa: Ogun State Free Trade Zone, Agbara Industrial & Residential Estates, Opic Estate, Multinational Companies (e.g Smithclime Beecham, Lever Brothers, Nestle, Vitamalt, e.t.c) Crawford University, Gateway University, Covenant University, Ronik Polytechnic Permanent Site, Vitamalt Staff Co-operative Estate, etc.

Ans: P.E Igbesa is close to Agbara, off Lagos-Badagry Expressway within a stone throw from Gateway Polytechnic and Crawford University.