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
Mobile: 08120624703, 08066276704, ajayiademola@brl.com.ng, www.brl.com.ng
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