₦airaland Forum

All in all, it's still a Civil Service state where everyone sits and waits for December to arrive in order to make money during the one month Xmas Carnival festivities.

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What's happening to the Investment Partnership arrangement?

Get someone to upload video clips of the work in progress at each building stage/ milestone (keep it on your You Tube channel) as a form of monitoring.

@kopell,
Thanks for your analytical breakdown. Does your guy Yakubu operate around Abuja axis? I will contact him over the weekend. Thanks for the contact.

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@Spyder, it's at (Kuje) Abuja. My Architect friend gave me a quote of N20,000 per linear metre. Isn't that N2.4m ? Is that a reasonable estimate for the fencing?

Bumped. 5 years after, the trend still continues.

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What's the latest update here?

@skimanski,

How many structures can I include in a plot of land that is 900 square metres?

Thanks

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@chyke4,

Where exactly is the location, is it in Calabar or in Akpabuyo?

Also, what is the measurement of the land? Is it 120 x 120ft or 120 x 60ft?

Also, has the land been confirmed at the Lands Registry Department as being free from Government encumbrance? Is the price negotiable?

yemi313: [b]For 1 full plot of land.
All Professional QS and Construction Management Engineers like myself do it like this to calculate the total number of blocks we will use which will serve as #1 basis for other materials, and calculations.

1. Calculate the number of square feet in the fence walls. Multiply the length times the height of each wall. Then add up the results. For example, for a 60-by-120-foot fence, with walls 10 feet high, you have two walls that are 60-by-10 feet and two walls that are 120-by-10 feet. This gives you a total of 3600 square feet.

2. Now, we should consider the gates or entrance that will be left out and which are usually 16ft wide, and 10ft high, giving us a total of 160sq ft. Minus 160sq ft from 3600sq ft, giving us a net wall area of 3440 sq ft.

3. Find out how many 6 or 9 inches blocks fit into a sq ft by the net wall area. Both are about the same lenght, but just differ in thickness, and a sq ft will take 0.85 block. Meaning that a sq ft will take about a whole block. Now, multiply 0.85 x 3600, that gives us = 3,060 pieces of blocks.

PS: This just for blocks to be laid on casted rafted frame work for our fence if the land is dry.

B.

In Lay Man's Language, we will need"

1. 3060 pcs of 6x6 blocks (plus 5% which is an extra 153 extra block, because you will have broken ones) = 3213 pcs x 130 Naira = #417,690.

2. For a simple fence work, 100 blocks = 1 bag of cement x 32.13 plus, extra bags used for foundational work and concrete works that serves as reinforcement = 52 bags of cement x #1800 (depending on cement quality and location) = #93,600

3. For Iron rod I've always calculated 70 leghts for every fence.
Calcultion is far more complex, so wont go into it, therefore 70 lenght of 12mm rod = 70x1300 = #51,000 (plus binding wires and rings) = #55,000

4. Hey, lets not forget the woods that would be used for the framework, we need that too. Meaning, for every single pillars in the wall, you need 4 pcs of 2x4, and 4 pcs of 1x12, my detailed estimation, puts woods within #15,000

5. Sand (4 trucks 10 tonnes each), granite (1 truck 20 tonnes). Prices varies, but one truck of granite is #100,000 firm down here, and 4 trucks of sand makes #80,000 making it a complete total of #180,000

6. Finally, the gate which varies a lot. We have plain sheets, which wont last more than 10 years if superbly coated. And checkered plates which will last longer than your house if well coated. For some uninformed reasons, 90% of homes ive seen use plain sheet, and a gate of such value cost from #70,000 upwards, depending on the wrought iron designs on it. The best gate is checkered gate, and the cheapest with less design goes for around #150,000

7. Now, add up the cost of transporting the materials to the building site. If its close to where building materials are, I am guessing #15,000 most. If not, God help you.


If an individual like me handle it, I happily charge you #150,000 for my charges if the land is dry. I will go higher depender on the level of the water content of your land.

So, simple estimation for a dry land gate = #1,075,690

PS: Larimo, you cant get a useful estimate for your kind of waterlodged property this way. Why? 1, it is water-lodged, and 2. it is rainy season (the best and worst time to build within such area). Would have love to volunteer coming over to check your property water level and give you a meaningful quote, but im in PH right now and im loving it here. Best of luck bro.[/b]

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@Spyder880,
What's the current average cost of perimeter fencing for a 30m x 30m plot of land ? (Including the gate)

Thanks

I have a 30m x30m plot of land at Abuja (Kuje), does anyone have a rough estimate of how much it would cost to secure te perimeter of the plot wilth a wall (Including gate and coping) ?


Many thanks

Do you have the C of O for the plots. Does the land have survey beacons?

LondonCool: Kindly send me the details , survey plan and a breakdown of the instalmental payment plan at richieduke@gmail.dot.com What's the plot size , is it 120 x 120?

I haven't received it yet!

Kindly send me the details

Has the land been Gazetted? Do you offer inspection trips to the site? Do you have any pictures of the land? I learnt that the and is very very far away from the main road. What are the plans for developing the estate?

sandygechy: Then invest in Crown Estate.Its a beautiful,serene,private gated estate.It has efficient network of paved roads and covered drainage,private water works with treatment plant,street light,steady light and above all,security is the best along this axis.I live and work in this estate! Its a place to be.We have several plots of land and duplexes for sale.Call 08037746256.My name is Sandra.

@sandygechy,
euromilion stated that he's looking to invest in land (Dominion Gardens) that would appreciate later on to enable him build his dream place and you just jump in offering Crown Estate. Hmmmm, guerrilla marketing. Why should he trust you seeing that you just registered on NL 3 weeks ago? Concentrate on your Crown Estate thread and stop ambushing genuine investors who have genuine concerns about making investment decisions with their money.

whirlwind7: Hmmm. Euromilion and i are in the same predicament. I live overseas, and i am very much interested in getting a parcel of land in this area. However, i am still monitoring these threads to see how things go. There's been much hype about Ibeju-lekki lately. Let's hope for a positive result on the gazette.

I live overseas too. I have been investing in these 'Estates'/ plots of land and I'm open to opportunities. Most of the vendors do have exit clauses in case you want to back out anytime where they refund to you your contribution ( minus admin fees), so you need to make up your mind. Once the gazette is out the price will increase, so you have to take a punt of taking the risk to invest early without the gazette at a cheap price, or invest later at a premium price once the gazette gets issued. You need to do your due diligence and make a decision. Check the track record of PWAN Ltd, have they delivered on similar projects? I'm in the same predicament as you but decided to test the water by opting in the Dominion Garden project and add it to my land portfolio. Only time will tell.

euromilion: Hi bro,
Sorry but after sending 2 different pple to view d site on separately occasions both came back wit dsame report,I have no option but to pull out,nothing bad apart from d site being too far inside and not developed at all,sorry Mate.

@euromilion,
Can you kindly provide a more detailed analysis of the location of the site? Has the perimeter of the land been secured? How far is too far? What development indices were you expecting ? You know that as subscribers make payments that the owners use the funds to start clearing and developing the site. Were there any access roads around the site?

@blancson,
Can you provide us with more details/ pictures from PWAN Ltd apart from the computer generated pictures of the site? I know that it's a case of Caveat Emptor but a little more marketing of facts can help to win over willing but sceptical investors

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The CAC banner is looking very tragic and unprofessional

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Why would I want to invest in the volatile London AIM in a company mining in Mongolia? Quite speculative innit?