spyder880:


ONCE THE LAND DOCUMENTS ARE DELIVERED TO YOU, YOU TAKE RESPONSIBILTY TO CLEAR AND MAKE CHANGES TO IT. TIGERKENN WILL NOT BE RESPONSIBLE FOR;

1. Payment of development levies either from the youths, community or the government (unless discussed and agreed)

2. Preparation of building plans and approvals (unless discussed and agreed)

3. Registration of your title documents with the state lands registry (unless discussed and agreed)

whirlwind7:
I'm also of the opinion that this amount (N1m) be reviewed. We were looking to get cheap, affordable lands that would take a few years to witness development in its immediate vicinities. The perimeter fencing can be forgone for now. Concentrate on the survey and legal procedures.
After full payment is made, then plots can be allocated. Also, let each buyer pay for his or her plot survey when its financially convenient to do so, on the premise that the same surveyor you contracted will be used by everyone, for uniformity.
It will be most agreeable if you can give us a breakdown of the cost of each component that makes up the final cost of N1m. I was happy enough with the initial estimate of N600k, though. You are doing a great job.

mercylicious:
nice one spider.
i will be happy if u seal this deal . i will suggest u break the payment into two. 550k /600k should be the initial payment. this shld take care of the cost of land, legal fees and survey as well as their 'traditional ceremony'. after this first payment which u must conclude b4 dec, u take a break of about 4 to 6months to allow the purse breathe. Then pay the 2nd instalment. Note, that you deliver the individual survey plan and docs to the owners after the 2nd payment which is the complete payment. The amount for this second payment will be determined on the cost of the fence which u will calculate and tell the house . The fence should also include a security house.

Instead of 2 payments, the ppl dt hv complete money for the two costs should pay once and collect their docs.

spyder880:


5. A free trip of sharp sand delivered on your plot (for the first 30 people to pay)

Thanks.

spyder880:


Beautiful idea, supposing we contribute N600,000 now and be getting ready to make up the rest N400,000 to be paid before you collect your original documents? Who else is in support of this?

Onuokwu:




Free trip of sharp sand. Is this for the first 30 plots or the first 30 buyers regardless of number of plots?

I am in support of suggestion to pay cost of land upfront to secure space, then balance before allocation of land and collection of document.

I am in support of roads, perimeter fence etc. These are the things that will make the value rise for some of us that may want to do part speculation.

I have a few questions I will ask on this forum later as soon as I articulate them. And yes, I am talking from the point of view that suits me personally. Others are also free and can speak from their own personal reality. Majority will carry the day.

spyder880:
I have been getting more calls and suggestions for the successful marketing of this estate. I have been called and told to include solar powered lighting systems as part of the promotional items for this planned estate. I think smart lighting with the latest technology in solar power will be considered.

I will keep the floor open for suggestions till Tuesday night, on Wednesday I will introduce a poll to list all the major suggestions so that we can all vote on it. The majority will always carry the day.

On Saturday the voting should be over and we see the results of the polls. We can now plan ahead based on the majority decision.

Keep the ideas flowing my people.

segzy14:


oga spyder,am i eligible to vote?
how is biz?

spyder880:

Beautiful idea, supposing we contribute N600,000 now and be getting ready to make up the rest N400,000 to be paid before you collect your original documents? Who else is in support of this?

Piyke:
Well done spyder. I am a just a bit concerned on the new price. I would prefer the initial estimate of 600k or just enough to grade the roads in addition to doc's.

We can shelve the school land for now so that we can apply these monies towards costs for registering the lands. Also since numbers are important lower costs would increase the number of people who can pay.

Just my own opinion. Still thinking though...

spyder880:


For sure bro, you are very eligible, in fact, INEC has cleared your voters card How is Eko city? Welldone.

Chizitara:
Thanks for the detailed update. I agree with the views expressed by Mercylicious on the payment terms in terms of making installment payment to first of all acquire the land and do the necessary paperwork and frame binding agreement to secure the land. After wards, we can agree on a timeline to get subsequent things like paving of track road and retaining wall (fence) done. I also share his view of settling the so called youths and other interest groups in the community and entering into duly endorsed agreement with them to bar them from EVER interferring whenever development works start at the site. Honestly, I personally hate such alien culture that Nike youths like their Obosi counterparts in Onitsha have adopted. Somebody should be bold enough to confront those lazy asses and make them realize that they cannot eat their cake and have it at the same time. They should seek honest livelihood like every other youths who are not so advantaged to have a capital city sited on their land.

Besides that, I have one personal valid question on how the land will be allocated to the intending investors. On what basis would this be decided considering your proposal that certain area will be dotted with bungalow while the other area will be built duplex or high rising structure? Won't such arrangement be of disadvantage (in terms of economic value of their land) for those whose plots will be zone to the bungalow area? I will appreciate to know how you intend to address such concern.

Above all, well done for following up the deal to this stage and carefully doing the due diligence investigation.

mercylicious:
We are going for the 600k plot. Total cost of the land is 800k. We are accepting 2 installment of not less than 400k each and the 2nd instalment must be concluded before end of february. We are not building anything for you like fence etc. its just land , legal and survey and road to ur plot. If you are interested pm me. First deposit made b4 first week of dec.

Abeg,i will create a thread when i come back from work.

spyder880:
We pay N600,000 for each plot of land at once, then use the money as follows;

1. Pay for the land
2. Pay the lawyer
3. Pay the surveyor
4. Pay the agents
5. Free trip of sand
6. Hire a bulldozer to create the roads so we can enter
7. Hand over the original documents to each buyer to develop his land at his own pace and time

Click the 'like' button here if you prefer this option

whirlwind7:


I actually made my last comment before I saw this. This sounds great. I support this plan. However, it left out the community development levy, to ensure they have no business in the land. Can you include it? That is one other obstacle that needed taking care of, cos it would still affect the development of the estate if left for individual owners to handle.

MODIFIED: I just realized that you are posting the different options. Let me wait till you are done with it, then I can vote for the one that suits me. I was hasty because my blood dey hot!

spyder880:
We pay N600,000 for each plot of land at once, then use the money as follows;

1. Pay for the land
2. Pay the lawyer
3. Pay the surveyor
4. Pay the agents
5. Free trip of sand
6. Hire a bulldozer to create the roads so we can enter
7. Hand over the original documents to each buyer to develop his land at his own pace and time
8. Free courier service to deliver the documents to your location of choice within Nigeria.

Click the 'like' button here if you prefer this option

Adinije:
I prefer this option@Sypder. But my question is this, what if Owner want to his/her with temporary fence(wire gauze) will he/she have to pay youth levy b4 he can do so?