spyder880:


About 557 sqm

Thanks bro.

spyder880:


About 557 sqm

Can one buy and develop at his convenience?

Marpol:


Can one buy and develop at his convenience?

Sure, but please make arrangements for the clearing of your plots so the grass from your compound dont bring in snakes or other animals that can hurt other residents who wants to move in. I will make sure to include all these conditions in each agreement to be prepared by the lawyers.

spyder880:


Sure, but please make arrangements for the clearing of your plots so the grass from your compound dont bring in snakes or other animals that can hurt other residents who wants to move in. I will make sure to include all these conditions in each agreement to be prepared by the lawyers.

Do you allow instalment payments?

Marpol:


Do you allow instalment payments?

Yes I will work out the details of the instalments later today.

Special announcement!

Plot number 32 has been reserved for payment today. The gentleman had bought from our earlier estate at Ugwuomu Enugu. Keep it going guys, more reservations and payments expected. Thanks all.

any provision for instalmental payment

spyder880:
My preliminary calculations show that a square meter of land here will cost about N1,650.00 each.

This will mean that you will multiply N1650 x the plot size you have in mind to determine what the price per plot is.

This price covers everything like.

1. Cost of your plot
2. Your title deeds, on your own name (prepared by a lawyer)
3. Your survey plans, on your own name (prepared by a registered surveyor)
4. Cost of building a perimeter fence around the land and a gate with estate office/security office
5. Cost of getting the completed documents to your doorstep, anywhere in Nigeria.
6. Cost of planting royal palm trees along all the roads and all around this planned estate.
7. Cost of bulldozing this land to create all roads as planned in the layout.

More comments are welcome.

So technically can I just say I want 1000 sqm and you will map that out for me or I have to buy in line with the mapped out plots and calculate the price?

PeoplesArmy:


So technically can I just say I want 1000 sqm and you will map that out for me or I have to buy in line with the mapped out plots and calculate the price?

My surveyor has already divided the land into plots and mapped out the sizes so you only have to choose your plot sizes from the available plots. You can find plots that are around 1000 sq.m, just multiply 1000 x N1650 = N1,650,000.00 only. Pay into Tigerkenn homes company account as follows:

Account name: Tigerkenn Homes Ltd
Account number: 0056735948
Bank: Diamond Bank

Plot numbers 84, 85, 86 and 87 has been reserved for payment soon. Thank you my people.

spyder880:
Plot numbers 84, 85, 86 and 87 has been reserved for payment soon. Thank you my people.

Where will the entrance to the estate be situated? You didn't show that on the map.
Also, what is the process for paying in instalments?

Someone had called me today and reserved plot numbers 54 and 56 for payment later. We are making progress. Thanks and happy Sunday everyone.

whirlwind7:


Where will the entrance to the estate be situated? You didn't show that on the map.
Also, what is the process for paying in instalments?

Very good question, the existing access road crossing between Okuku and Irete runs on the dotted section with R1-R6. I plan to reserve some plots for estate use and they include plot numbers 25,30, 36, 70, 71, 72 and 73 for estate services like shopping malls, security offices, administrative posts etc.

I am also planning to have at least three gates here, (security headache but easier for entry and exits) but the main gate should be between plots 25 and 30.

@ spyder880, what about the choice on what to be build , is it open for any kind of building and any floor anybody likes or is there going to be restrictions on the house type and number of floor one can erect in a particular section of the estate.

I think this is very necessary for one to know before going in for the purchase, as some of us who would wants to build bungalow wouldn't like seeing multi floor houses suddenly springing out all around us,

spyder880:


The problem with build and sell is that you never know what the prospective buyer has in mind, so they may not bid so high in comparison to what you spent building for them. Most times they may require additional modifications to either the structure, or the finishing style.

Secondly, the speed with which newer styles are introduced into the building industry might make a particular building hard to sell, especially if you just completed a house before the new method hits the market. Think of those that their houses sold slowly, and they didn't use parapet designs or stone coated roofing, this might affect the chances of sales and make the building hard to sell.

My plan here is to prepare the lands and sell them, but I am very mindful of the type of people I am trying to sell to, people with like minds, people who will appreciate serenity and tranquility, and so all my efforts are geared towards creating an environment they will be so comfortable with that they will build the types of mansions better than the ones at World Bank housing estate, Owerri. This is what will raise, and continue to sustain the value of this estate.

My surveyor will visit this land today, lets move round the environment and see more of this land.

Terrific, very well explained you really smashed it good luck.

Plot number 52 has also been reserved for payment. Keep it coming guys, than you all.

mikeokiro:
@ spyder880, what about the choice on what to be build , is it open for any kind of building and any floor anybody likes or is there going to be restrictions on the house type and number of floor one can erect in a particular section of the estate.

I think this is very necessary for one to know before going in for the purchase, as some of us who would wants to build bungalow wouldn't like seeing multi floor houses suddenly springing out all around us,

Let us zone the estate like this;

Plots 1 t0 7 bungalows,
Plots 8 to 67 one floor duplexes and blocks of flats,
Plots 68 to 87 multi storey blocks of flats and all other types of buildings

Thank you all.

Just to help in our calculations of plot prices




PLOT NUMBER PLOT SIZE AMOUNT STATUS


PLOT 1 480 792,000.00
PLOT 2 459 757,350.00
PLOT 3 460 759,000.00
PLOT 4 460 759,000.00
PLOT 5 460 759,000.00 RESERVED
PLOT 6 489 806,850.00
PLOT 7 648 1,069,200.00
PLOT 8 462 762,300.00
PLOT 9 458 755,700.00
PLOT 10 464 765,600.00
PLOT 11 465 767,250.00
PLOT 12 463 763,950.00
PLOT 13 462 762,300.00
PLOT 14 464 765,600.00
PLOT 15 459 757,350.00
PLOT 16 464 765,600.00
PLOT 17 456 767,250.00
PLOT 18 464 765,600.00
PLOT 19 453 763,950.00
PLOT 20 470 775,500.00
PLOT 21 455 750,750.00
PLOT 22 458 755,700.00
PLOT 23 440 726,000.00
PLOT 24 937 1,546,050.00
PLOT 25 893 1,473,450.00 RESERVED
PLOT 26 469.4 774,510.00
PLOT 27 469.4 774,510.00
PLOT 28 471.38 777,777.00
PLOT 29 471.38 777,777.00
PLOT 30 843.66 1,392,039.00 RESERVED
PLOT 31 707.94 1,168,101.00
PLOT 32 1010.27 1,666,945.50 RESERVED
PLOT 33 613.44 1,012,176.00
PLOT 34 569.96 940,434.00
PLOT 35 567.98 937,167.00
PLOT 36 567.98 937,167.00 RESERVED
PLOT 37 546.35 901,477.50 RESERVED
PLOT 38 538.43 888,409.50
PLOT 39 471.38 777,777.00
PLOT 40 471.38 777,777.00
PLOT 41 922.29 1,521,778.50 RESERVED
PLOT 42 922.29 1,521,778.50 RESERVED
PLOT 43 655.75 1,081,987.50
PLOT 44 455.12 750,948.00
PLOT 45 618.79 1,021,003.50
PLOT 46 721.71 1,190,821.50
PLOT 47 490.17 808,780.50 RESERVED
PLOT 48 541.77 893,920.50 RESERVED
PLOT 49 471.38 777,777.00 RESERVED
PLOT 50 469.4 774,510.00
PLOT 51 466.68 770,022.00
PLOT 52 729.15 1,203,097.50 RESERVED
PLOT 53 729.15 1,203,097.50 RESERVED
PLOT 54 469.4 774,510.00 RESERVED
PLOT 55 469.4 774,510.00
PLOT 56 471.38 777,777.00 RESERVED
PLOT 57 471.38 777,777.00
PLOT 58 471.38 777,777.00
PLOT 59 471.38 777,777.00
PLOT 60 471.38 777,777.00
PLOT 61 471.38 777,777.00
PLOT 62 471.38 777,777.00
PLOT 63 471.38 777,777.00
PLOT 64 471.38 777,777.00
PLOT 65 471.38 777,777.00
PLOT 66 811 1,338,150.00
PLOT 67 465.61 768,256.50
PLOT 68 545.24 899,646.00
PLOT 69 484 798,600.00
PLOT 70 469.4 774,510.00
PLOT 71 471.38 777,777.00
PLOT 72 471.38 777,777.00
PLOT 73 860.5 1,419,825.00
PLOT 74 471.38 777,777.00
PLOT 75 787.86 1,299,969.00
PLOT 76 855.14 1,410,981.00
PLOT 77 937.45 1,546,792.50
PLOT 78 643.74 1,062,171.00
PLOT 79 539.49 890,158.50 RESERVED
PLOT 80 465.32 767,778.00
PLOT 81 465.92 768,768.00
PLOT 82 465.92 768,768.00
PLOT 83 645.3 1,064,745.00
PLOT 84 814.68 1,344,222.00 RESERVED
PLOT 85 779.19 1,285,663.50 RESERVED
PLOT 86 815.16 1,345,014.00 RESERVED
PLOT 87 501.06 826,749.00 RESERVED

Plot numbers 48,49,53 and 69 are hereby reserved via text messages and calls yesterday, thank you all.

Hello my people, it is important for us to understand my mission in this estate. Firstly, I am planning to take all the necessary steps that will bring as fast a development of this place as possible, and so all other policies we adopt here must be in line with our desire to take possession of this land from the community that owns them and now start working on the land.

In view of the above, we are not going to have a payment plan that might make it difficult to complete our obligations to the present owners of the land. I am proposing an installment plan that will enable us pay off the land costs from the first installment. We are going to work out percentages since the payment of this land is not a uniform amount. Let me also add that we prefer a full and outright payment to make things faster and easier.

3 months installment plan

A down-payment of N400,000.00 applies for the first installment for those of us who might want to take this option, and thereafter a payment plan of 40% of the remaining amount, then 30% and another 35% (please note that the extra 5% of the balance is to compensate for the wait)

6 months installment plan

A down-payment of N400,000.00 applies for the first installment for those of us who might want to take this option, and thereafter a payment plan of 40% of the remaining amount, then 30% and another 40% (please note that the extra 10% of the balance is to compensate for the wait)

Payment details;

Account name: Tigerkenn Homes Ltd
Account number: 0056735948
Bank: Diamond Bank

Let us use one example from above, let us say you choose plot number 28 and the total cost if you are paying for outright purchase is N777,777.00.

Now, since you plan to pay a 3 month installments, the calculation will be like this;

1. You will pay a down payment of N400,000.00 as the first installment.
2. You will pay a second 40% of the balance of N377,777.00 =N151,110.20 (first month ending)
3. You will pay a third payment of 30% of N377,777.00 = N113,333.10 (second month ending)
4. You will pay a final 35% 0f N377,777.00 = N132,221.95 (third month ending)

This will now come to a total of N796,665.25 as the cost of plot 28 if you are paying a 3 month installment plan.

If you plan to pay with a 6 month installment, the calculation will be like this;

1. You will pay a down payment of N400,000.00 as the first installment.
2. You will pay a first 20% of the balance of N377,777.00 =N75,555.40 (first month ending)
3. You will pay a second payment of 20% of N377,777.00 = N75,555.40 (second month ending
4. You will pay a third 20% 0f N377,777.00 = N75,555.40 (third month ending)
5. You will pay a fourth 20% of N377,777.00 = N75,555.40 (fourth month ending)
6. You will pay a fifth 20% of N377,777.00 = N75,555.40 (fifth month ending)
7. You will pay a sixth 10% of N377,777.00 = N37,777.00 (sixth month ending)

This will now come to a total of N815,554.00 as the cost of plot 28 if you are paying a 6 month installment plan.

This same calculation will be applied to every other plot, thank you all.

@Spyder, pls add lot 47 to my earlier reservation (lots 48 & 49). Mostly likely I'll be in Owerri on Thursday to review your govt documentation (hope the location has been charted) and then make progress from there.

So far in my research on Okuku, I've seen that that location has great potentials. With other real estate coys coming to Okuku - Mezuville and Nollywood City-, you'll need to step up game by reaching Seun, doing the needful and getting this thread on the front page. Remember to edit the Irete out and replace with Okuku in the thread's topic.

On a lighter mood, show me your elbow make I apply some grease.

This is clearer......

Updates. ......

The gentleman who reserved plot number 69 now wants to change to 79.

Plot 69 is therefore free.

Spyder, could you check your email and reserve the mentioned plots for me, please?

BTW i have not received my deed yet for the ugwuoma Nike .

I am thinking of reserving plot number 77 for a very important estate facility. I want us to use plot number 77 as an outdoor play ground. This is where I hope to jog around in the morning when am around Owerri in our estate of the future.

spyder880:
I am thinking of reserving plot number 77 for a very important estate facility. I want us to use plot number 77 as an outdoor play ground. This is where I hope to jog around in the morning when am around Owerri in oir estate of the future.

Plot 77 for outdoor play ground? man it is obscured, wouldn't it have been better if the play area is more centrally located?

Updates. .......

Plots numbers 37, 41 and 42 have just been reserved for payment.

Grab your plots while it lasts, this will sell out fast!

macjive01:


Plot 77 for outdoor play ground? man it is obscured, wouldn't it have been better if the play area is more centrally located?

I am just thinking about the size, plus the long stretch of road for jugging and running, plus parking cars.

Spyder, Thank you once again for these lovely initiative, i will continue to support you. in anyway i can.

However, these plots sizes, are they not too small?

I am beginning to wonder what kind of house could be built in these.

we would want an estate of class; just like the layout of the Ugwuoma Nike estate, with clearly defined road network, good size plot to accommodate befitting structure ( you are a builder so you should know better).

your thought to use plot 77 for estate play ground, first, from the number of plots in this estate, this will be a Large populous estate, i would think they would need more than just one park.

would it not be better if they are centrally or strategically located where it will be easily accessible by all.



"the existing access road crossing between Okuku and Irete runs on the dotted section with R1-R6. I plan to reserve some plots for estate use and they include plot numbers 25,30, 36, 70, 71, 72 and 73 for estate services like shopping malls, security offices, administrative posts etc.

I am also planning to have at least three gates here, (security headache but easier for entry and exits) but the main gate should be between plots 25 and 30."

vanndubi:
@Spyder, pls add lot 47 to my earlier reservation (lots 48 & 49). Mostly likely I'll be in Owerri on Thursday to review your govt documentation (hope the location has been charted) and then make progress from there.

So far in my research on Okuku, I've seen that that location has great potentials. With other real estate coys coming to Okuku - Mezuville and Nollywood City-, you'll need to step up game by reaching Seun, doing the needful and getting this thread on the front page. Remember to edit the Irete out and replace with Okuku in the thread's topic.

On a lighter mood, show me your elbow make I apply some grease.

Although Livelihood homes are positioned in Irete, which is nearby, they have been trying to buy up plots from Okuku for some time now. Its gonna get stuffy down here soon.

macjive01:
Spyder, these plots sizes, are they not too small?

I am beginning to wonder what kind of house could be built in these.

we would want an estate of class; just like the layout of the Ugwuoma Nike estate, with clearly defined road network, good size plot to accommodate befitting structure ( you are a builder so you should know better).

your thought to use plot 77 for estate play ground, first from the number of plots in this estate, this will be a Large populous estate, i would think they would need more than just one park.

better if they are centrally or strategically located where it will be easily accessible by all.

Yes, size is king but will be too costly for some of us. Besides a good 50x100 will fit a mid sized duplex and 2 cars.

How about replacing plot 77 by merging 51 and 50. This is another good location for the play ground, also centrally located.