Tuesday, 23 June 2015

OWN YOUR DREAM HOME TODAY.., Buy a Plot Of Land for #550,000 @ Grace Park and Gardens, Mowe Ofada



GRACE PARK & GARDENS
1.            Where is Grace Park & Gardens?
Grace Park & Gardens is located in, Mowe area of Obafemi Owode Local Government, Ogun State.
2              Who is the developer of Grace Park & Gardens?
                Barifec Realties Limited
3.            What are the names of other estates, Companies and institutions within 3km radii of Grace Park & Gardens?
Queens Park, Royal Park, Havilla Park & Gardens, Nestle Foods etc
4.            What is the price per plot?
Outright payment is N550,000.00 while Installment payment is N700,000.00 with initial deposit of N50,000.00  spread over 14 months, initial deposit of N30,000.00  spread over 25 months, and initial deposit of N25,000.00  spread over 30 months (At zero % Interest).

5.            What is the size of a plot?
648square meters or 60ft by 120ft
6.            What documents will I get after my initial deposit?
A starter packs comprising of receipt, sales invoice, congratulatory/acknowledgement letter and Deed of contract.
7.            What other payments do I make apart from the payment for the land?
Survey Plan: N120,000.00
Legal Documentation: N20,000.00
Developmental Fee: (To be determined later)
8.            What will the Developmental fee be used for?
Construction of drainages, kerbs, electrification, street lighting, landscaping and provision of road networks within the estate.
9.            What other facilities/benefits are obtainable in the estate?
Perimeter fencing, security post and good title.

10.          When will my plot(s) be allocated to me?
You get allocation at your final payment when you shall be given letter of allocation, survey plan, Deed of Assignment, Estate Restrictive Covenant and a CTC of Global C of O.
11.          What type of title does Grace Park & Gardens have?
Land Purchased Receipt and Deed of Assignment/Irrevocable Power of Attorney donated by the Customary land Owners, however, we have initiated the process of getting a C of O and approved layout plan for the Estate.
12.          Is there any encumbrance on the land?
No, the land is free from every known government acquisition and no any adverse claimant.

13.          Can I pay a deposit and pay the balance any time within the duration of tenure chosen?
After the payment of the initial deposit, you are expected to pay the balance monthly, nonpayment monthly as at when due will be treated as a fundamental breach of contract which can result to termination or revocation of the contract.
14.          Does Barifec Realties Limited charges interest on the balance of payment?
The transaction is interest free.
15.          Is there any restriction as to the type of building I can build?
Yes, you are limited to building residential houses within the area designated as residential and commercial houses on area designated as commercial. Provision of shops in residential houses and building of tenement house type (popularly known as face me/face you) is not permitted.
16.          Is there any time limit to commence work on my land after allocation?
Allotters are encouraged to take possession and develop their plot within a year of allocation in order to control weeds; also in case where the land is left u kept, the developer will come in to keep the land tidy and expenses incurred will be transferred to you.
17.          Is there any provision for group allotments?
Yes, group allotment is permitted for registered associations, cooperatives, companies and other recognized interested groups.

18.          Can I commence immediate development on my plot as soon as I pay?
The land has been cleared, roads have been set out and plots are ready for immediate construction and all building plans must be certified by Barifec Buildings Bureau (BBB).
19.          Who is in charge of the management and maintenance of the Estate?
                Barifec Estate Management Unit (BEMU)


20.          Where and how do I make payment?
We do not accept cash transactions, ALL cheques, bank drafts and online transfers are made in favour of BARIFEC REALTIES LIMITED
BANK NAME
ACCOUNT NO
ACCOUNT NAME
STERLING BANK
0029203070
BARIFEC REALTIES LIMITED
DIAMOND BANK 0057435960 BARIFEC REALTIES LIMITED


Contact Demola @ BARIFEC REALTIES LIMITED: 51, Church Street Oshodi. Lagos
Mobile: 08120624703, 08066276704, ajayiademola@brl.com.ng,
www.brl.com.ng

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