9 Adebayo Ogunronbi Close, Ogudu Road, Ogudu, Lagos.
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Prime Estates 1 And 2

34 published answers available.

Q22. Can RPL manage my property for me?

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

Q23. Will a price review affect subscribers?

Ans: Price review will be discussed when it becomes obviously necessary and the path to take will be mutually determined.

Q24. What is the mode of payment accepted by Realty Point Ltd?

Ans: Initial down payment and balance to be paid through mortgage for qualified subscribers. – One off payment with applicable discount of 2.5%. – Initial down payment and the balance in equal monthly installments over 24 or 60months

Q25. Can I use my private developers to execute the project?

Ans: No, Realty Point Limited is the sole developer of Prime Estate housing units.

Q26. What documents will Realty Point Ltd give on completion of payment?

Ans: Congratulatory letter (immediately after completion of payment), Handover Invitation letter (after completion of construction) and Purchase Agreement.

Q27. How do I start?

Ans:  Pick up or download an application form Start making your Initial down payment For clients who qualify for loan, your mortgage processing starts after completion of your down payment and your monthly repayment starts immediately Self financing clients continue to make payment as per their choice.

Q28. What do I get on the Handover Day?

Ans: You get the keys to your housing unit and your copies of the Deed of Sublease.

Q29. Can I resell my bungalow?

Ans: Yes, after completion of payment for the housing unit (subject to terms and conditions).

Q30. What other financing arrangements do you have for buyers, other than the installment payment?

Ans: We have relationships with Mortgage banks to which subscribers can be referred.

Q31. Are the housing units strictly for residential purpose or can be used for commercial purpose?

Ans: The housing units are strictly for residential purposes only.

Q32. What infrastructures am I entitled to?

Ans:     – Electricity – Drainage – Well laid out network of roads – Central Estate Security and co-ordination

Q33. Can I pay to your agent/staff, etc?

Ans:  While we are not discrediting anybody, we strongly advice that cash should be paid to Realty Point Ltd designated bank accounts. Otherwise, cheques should be issued in favour of Realty Point Ltd only. Please note that the management of Realty Point Ltd accepts no responsibility for any liability that may arise as a result of deviation from the above instruction. NOTE: ALL FEES ONCE PAID ARE NON REFUNDABLE.

Q34. Can there be changes and/or amendment to this offering as it is presently known?

Ans: The real estate industry just like most others is a dynamic industry and as such things get to change from time to time most especially for the better. However any change, amendment or modification shall be communicated and endorsed by REALTY POINT LIMITED. Such communication shall be via letters, electronic mails, fax, short message service (SMS), handbill, posters and any other means of communication. This correspondence shall be deemed to have been received by the CLIENT having been sent by REALTY POINT LIMITED.

Q18. Can RPL build for clients?

Ans: Yes, RPL is very willing and positioned to construct for clients. We would be your preferred construction company/contractor because the fact that we are on ground and shall be handling multiple units give us great economy of scale, making our pricing difficult to beat by any external /outside builder without compromising quality. We can handle the whole building process from architectural design, bill of quantity, building approval processing to actual construction. Also, RPL can also be your best source for quality building materials for your construction activities.