₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,325,108 members, 8,420,370 topics. Date: Thursday, 04 June 2026 at 05:53 PM

Toggle theme

REALTY's Posts

Nairaland ForumREALTY's ProfileREALTY's Posts

1 2 3 4 5 6 7 8 9 10 11 12 13 (of 13 pages)

BusinessDo You Have Interest In Real Estate Biz ? Let Do It 2gether by REALTY(op): 3:16pm On Aug 21, 2009
DO YOU HAVE INTEREST IN REAL ESTATE BIZ ? LET DO IT 2GETHER
IF YOU HAVE INTEREST IN STARTING A REAL ESTATE BIZ, I HAVE DETAILS EXPERIENCE, NETWORK AND INFORMATION ON HOW TO START, RUN AND EXPAND A REAL ESTATE BIZ.

CALL 08029836543, EMAIL: REALINVESTMENT08@YAHOO.COM.
LiteratureIs It Necessary For An Editor To Put His Picture On The Editorial Page. by REALTY(op): 11:29am On Jul 16, 2009
is it necessary for an editor to put his picture on the editorial page.
Christianity EtcA Pastor Raped By His Boss by REALTY(op): 4:54pm On Jul 09, 2009
Bless you !
I believe you will appreciate this message, a friend of my who is a pastor was raped by his boss ( man and man) which we call homosexual, from that day which is yesterday he has been feeling bad about himself,
pls everybody i`m not happy with this, what can i tell him, i mean how can i encourage him.

tHANKS
PropertiesThe Art Of Land Speculation by REALTY(op): 3:01pm On Jun 15, 2009
THE ART OF LAND SPECULATION

Speculation is a process or act of Buying Land Low and Selling High.
There are millions of acres of land throughout Nigeria that will never have any real value, such as desert land, for example, that cannot be developed to produce income, to satisfy human needs or to earn money.
- Location is a key
Let us Start with Urban or City Economics, what makes a city a good bet or a poor bet for real estate Investment?

FACTORS TO CONSIDER AS SPECULATORS.


1. LEVEL OF BUSINESS ACTIVITY
Start with the Big picture. What is the general level of business activity in the country as a whole? Nationwide recessions and depressions hurt all real estate values everywhere, but nationwide booms, or prosperous economics times, do not necessarily help all real estate values in the same way.


2. STUDY POPULATION TRENDS.
You must understand the trends in population growth or decline. Real Estate prices increase at twice the rate of population growth and/or three times the rate of inflation.


What does that mean? This means that if there was no inflation, and the population was growing 3% per year, real estate prices would grow at two times 3% or 6% per year. If the population remained stable, but inflation was growing at 3% a year, home prices would increase at three times that, or 9% per year.
But let us say that you have 3% population growth and 3% inflation rate that, would be a total of 6% plus 9% which will be 15% increase or upward pressure on real estate prices, especially home prices, in any given 12 months period.


If any area is losing 2% population per annum, real estate values will decline at 4% in that area.



3. DETERMINE THE LEVEL OF BUILDING ACTIVITY
Find out the volume of building activity and construction cost levels and trends. In other words, if an area requires 1000 new houses per year for the growing population, and developers are building 1000 new houses per year, you will have very little upward pressure on housing prices
4. CHECK THE VACANCY RATES.
You must consider the Vacancy rate in the area in which you are thinking of Investing. This are factor that determine the real estate market trends and values.
5. TRANSPORTATION SYSTEM & GOOD INFRASTRUTURE
Accessibility to a good transportation system in locality is a key that affect real estate market trends and values.
TYPES OF CITIES TO INVEST IN.
In deciding what city you want to live, work and invest in, these are important consideration,

1. GOVERNMENT CITIES.

Government Cities are the best to invest in, State Capitals and Abuja (F.C.T) have stable workforces and solid economic base in any city centered on government. These cities do not grow rapidly, nor do they decline when the economy is low.
2. COMMERCIAL CITIES
Commercial Cities are devoted primarily to commerce and trade. These cities have more stable economies because they re always bust with the trans-shipment of goods and services.
Cities like Lagos, Atlanta, Port-Harcourt, Los-Angeles, San diego and Miami.

3. INDUSTRIAL CITIES
Industrial Cities are located primarily in the northeast and Midwest. They are based on Manufacture and processing of commodities, such as Steel, Coal and raw materials. When the national economy is strong, these cities do well with jobs, wages and real estate prices are stable.

These are cities like (Ajaokuta), Benue State. Chicago, Baitimore and Detroit.


4. RECREATION OR RESORT CITIES.
These are often retirement or vacation centers. Many of these places have seasonal economies and are often the first places to be affected by recession or slow-downs in the national economy.
When the economy is strong, these recreation and vacation resorts and cities have strong economies Real Estate values increase, and sometimes boom.

Example Obudu Ranch, Tinapa in Calabar.
When Economic times are poor for any period of time, these places do poorly as well. A decline in discretionary income, or income available for investments, holidays or vacations always affect the vacation areas first.
_________________________
post your comments or send to realinvestment08@yahoo.com
PropertiesA Decked Uncompleted Building@ Ikotun ---n10m by REALTY(op): 5:46pm On Jun 09, 2009
properties 4 sale
3bedroom @ Ago-okota ----N18m


A DECKED UNCOMPLETED BUILDING@ IKOTUN ---N10M

A PLOT OF LAND AT ISHERI  -- N2M

4 DETAILS CALL 08029836543
PropertiesInvest In This New Estate And Make 60% In The Next 2months by REALTY(op): 5:43pm On Jun 09, 2009
RICHFIELD & HALLMARK ESTATE : Located at the heart of the Lagos/Ogun new mega city. A fast developing area of Mowe/Ofada, along Papalanto-Shagamu road.

The names of other estates and institutions within 2km radius of outEstates are –

 NUMEROUS OTHER ESTATES, UNIVERSITIES, INTERNATIONAL SCHOOLS, FACTORIES, LAGOS/OGUN MEGA CITY E.T.C.

SPECIAL PRICE PROMOTION:

From 1st May to 31stJuly, 2009 Subscriber have the privilege to make
Outright payment and pay - #560,000
Twice Payment and Pay - #600,000
Six months Payment and pay - # 650,000
Twelve months Payment and pay - #700,000 for HALLMARK ESTATE only and For RICHFIELD ESTATE you pay #480,000 for Outright Payment
Twice Payment and Pay - #510,000
Six months Payment and pay - # 550,000
Twenty-four months Payment and pay - #600,000.

INFRASTRUCTURES:

• Perimeter Fencing.
• Electricity
• Earth Road Network
• Connection to the national Grid
• Borehole water supply.

BENEFITS OF THE SCHEME:

• Liberation from the “omo – onile wahala”
• No agency fees required.
• Burden of procuring Cof O is completely removed.
• Fast appreciation for investors.
• Opportunity to pay by installment.
• All drafts and cheques to be issued in the name of GRACEWORTH MULTICONCEPT LIMITED.
• A platform for accessing The National Housing Fund.
• An easy way to “Be your own landlord”.


The value for your money is guaranteed as we expect your patronage.
EducationWhen Will Waec 2009 Be Out. by REALTY(op): 4:38pm On Jun 01, 2009
When will WAEC 2009 BE OUT.
Properties2 Bedroom Flat In Mowe by REALTY(op): 4:25pm On Jun 01, 2009
i need a two bedroom flat in mowe, budget - 150k - 200k per annum.

text me on 08029836543 and i will call you immediately.

Thanks
CareerWho Should A Personal Assistance Report To by REALTY(op): 6:15pm On May 27, 2009
who should a personal assistant of the ceo report to is it the ceo or the head of admin, and also what does the position- a personal assistant to the ceo comprises.
PropertiesRe: Ester Promo, Buy Your Plot @ 480,000, In Mowe/ofada by REALTY(op): 7:01pm On Apr 24, 2009
RICHFIELD ESTATE, OFADA, MOWE.

FREQUENTLY ASKED QUESTIONS

Q. WHERE IS RICHFIELD ESTATE?
A. RICHFIELD Estate is located at the heart of the Lagos/Ogun new Mega City. A fast developing area of Mowe/Ofada, along Papalanto/Shagamu Road. It is located in the Neighbourhood of estates, easy access to major highways e.g Lagos - Ibadan, Shagamu-Ore, Ewekoro, Sango-Ota e.t.c

Q. WHAT ARETHE NAMES OF OTHER ESTATES AND INSTITUTIONS ETC WITHIN 2KM RADIUS OF RICHFIELD ESTATE?
A. Chrisland University, Hallmark Estate, Mainland Park, Living Spring Estate, Prime Estate (phase2) Cornerstone Estate, Cetep City University, Kicc University (proposed), Trinity International School, Royal Value Estate, Dove Estate, Union Homes Staff Coop Estate, Master Golden Estate, Honeyland Estate,

Q. WHO IS THE DEVELOPER OF RICHFIELD ESTATE, OFADA MOWE?
A. Graceworth Multi Concept Ltd. 18, Olu Aina Street, Mushin, Lagos

Q. WHAT IS THE PRICE PER PLOT?
A. N600,000,is the promotion offer which is valid till March 31st 2009. The actual price is N900,000.

Q. WHAT IS THE SIZE OFA PLOT?
A. 648 square meters .i.e. 60 by 120 feet

Q. IS THERE ANY ENCUMBRANCE ON THE LAND?
A. The land is free from every known government acquisition and no any adverse claimant.

Q. WHAT TYPE OF INFRASTRUCTURE WILL THE DEVELOPER PROVIDE?
A. Perimeter fencing, earth road, transformer and connection to the national grid, borehole water supply.

Q. WHAT INFRASTRUCTURE WILL THE DEVELOPER NOT PROVIDE?
A. Electrification of individual houses (Poles and its stringing), connection of individual’s houses to the water mains, drainages, and tarred/paved road.

Q. WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
A. Survey fee & legal documentation fee.
Development levy yet to be determined

Q. THE DEVELOPMENT LEVY WILL BE USED FOR WHAT?
A. Provision of drainage and electric poles, strings for the distribution of energy.

Q. WHEN DO I PAY DEVELOPMENT LEVY?
A. After full payment

Q. WHAT DO I GET AFTER COMPLETION OF PAYMENTS FOR THE LAND?
A. Receipt, letter of allocation, estate covenants, survey plans and deed of assignments.

Q. WHAT TYPE OF TITLE DOES RICHFIELD ESTATE, HAS ON THE LAND?
A. Irrevocable power of attorney donated by the customary owners.

Q. DOES RICHFIELD ESTATE HAVE A CERTIFICATE OF OCCUPANCY (C of O)?
A. GraceWorth Multi Concept Ltd has initiated the process of getting a C of O and an approved layout plan for the estate.

Q. WHAT HAPPENS IF I CANNOT COMPLETE PAYMENT OR DEFAULT IN THE PAYMENT OF MONTHLY SUBSCRIPTION?
A. You will get a refund of total money paid less 15% administrative expenses and agency fee.

Q. CAN I PAY A DEPOSIT AND PAY THE BALANCE ANY TIME WITHIN THE DURATION OF TENURE CHOSEN E.G. 1 YEAR?
A. After the payment of the initial deposit you are expected to pay the balance monthly, non payment monthly as at when due will be treated as a fundamental breach of the contract which can result to termination or revocation of the contract.

Q. DOES RICHFIELD ESTATE, CHARGE INTEREST ON THE BALANCE OF PAYMENT?
A. The transaction is interest free.
Q. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
A. After full payment.

Q. IS THE ROAD TO THE ESTATE GOOD AND MOTORABLE EVEN DURING RAINING SEASON?
A. Yes the road to the estate is very motor-able and accessible even at the peak of the raining season.

Q. IS THERE ANY RESTRICTION AS TO THE TYPE OF BUILDING I CAN BUILD?
A. 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 I face you) is not permitted.

Q. IS THERE ANY TIME LIMIT TO COMMENCE WORK ON MY LAND AFTER ALLOCATION?
A. The time limit is 2 years by which you will be encouraged to commence work immediately to control weeds. Also in a case where the land is left unkempt, the developer will enter on the land to keep it tidy and expenses incurred will be transferred to you. Otherwise you reserve the right to sell out rightly at the market prevailing price or GMCL buys it back from you.
Q. IF I PAY OUT RIGHTLY, DO I GET ANY DISCOUNT?

A. Yes, at the discretion of the developer.
Q. IS ELECTRICITY GOING TO BE 24/7?
A. No, because we are not providing electricity back up like estate generator except the estate association unanimously wants to pay for it while we manage it.

Q. HOW WILL PAYMENTS BE MADE, IS IT AN ESTATE TO BE MANAGED BY GRACEWORTH?
A. Yes, it will be managed by GraceWorth. The payment will be made into the company’s account with DIAMOND BANK, GTBANK, ECOBANK, STERLING BANK, FIDELITY BANK, ZENITH BANK, BANK PHB, FCMB, INTERCONTINETAL BANK, SKYE BANK , ETB and FIRST BANK.

Q. WILL THERE BE A STANDBY GENERATOR?
A. No, except for security lights and water supply.

Q. IS THERE GOING TO BE A CENTRAL BOREHOLE?
A. Yes, but not one point.

Q. WILL EACH HOUSE HAVE ACCESS TO WATER?
A. Connection to water mains is at a fee/monthly serviced.

Q. WHO WILL BE RESPONSIBLE FOR BUILDING PLAN APPROVAL COST?l
A. Individuals will be responsible for the cost of building plan approval though GRACEWORTH can help with the approval logistics at no extra cost.

Q. CAN I BUILD BY MYSELF WITH MY SPECIFICATION?
A. Yes, but after an appropriate plan check by GRACEWORTH in accordance with estate guidelines. This is for effective development control.

Q. YOUR INSTALLMENTAL PAYMENT FOR HOUSING, HOW IS IT DONE, IS IT GOING TO BE A MORTGAGE?
A. Option A: Self Finance Option B: Mortgage.


THANKS, HOPING TO HEAR FROM YOU VERY SOON.

FOR DETAILS AND INSPECTION

CALL BABATOPE – 08029836543, 07029651416.
Realinvestment08@yahoo.com
PropertiesRe: Ester Promo, Buy Your Plot @ 480,000, In Mowe/ofada by REALTY(op): 6:54pm On Apr 24, 2009
we also give advise on property matters.
call 08029836543 for details.
PropertiesEster Promo, Buy Your Plot @ 480,000, In Mowe/ofada by REALTY(op): 6:48pm On Apr 24, 2009
Dear Sir/ Ma,

LETTER OF INTRODUCTION / OFFER

We write to offer you an opportunity to be part of a housing phenomenon that is happening in our time. It has to do with serviced plots of land in our Estates, RICHFIELD ESTATE.

ABOUT US

GRACEWORTH MULTICONCEPT LIMITED is a unique Real Estate Firm. Our vision is to be a world class home solution provider. Our services are extended beyond traditional estate agents.

OUR CORE SERVICES

• Estate Development
• Sales of properties
• Mortgage loan services.

OUR PRODUCT


 RICHFIELD ESTATE: Located at the heart of the Lagos/Ogun new mega city. A fast developing area of Mowe/Ofada, along Papalanto-Shagamu road.

The names of other estates and institutions within 2km radius of Richfield Estate are –

 NUMEROUS ESTATES, UNIVERSITIES, INTERNATIONAL SCHOOLS, FACTORIES, LAGOS/OGUN MEGA CITY E.T.C.

PRICE PER PLOT:

The price per plot is #600,000, excluding survey and legal documentation fee. Subscribers have the privilege of paying #25,000 and spreading the balance for 24 months.

PROMOTION:

From 1st of April to 31st May, 2009 Subscriber have the privilege to make
Outright payment and pay - #560,000
Twice Payment and Pay - #600,000
Six months Payment and pay - # 650,000
Twelve months Payment and pay - #700,000 for HALLMARK ESTATE only and For RICHFIELD you pay #480,000 for Outright Payment
Twice Payment and Pay - #510,000
Six months Payment and pay - # 550,000
Twenty-four months Payment and pay - #600,000.

INFRASTRUCTURES:

• Perimeter Fencing.
• Electricity
• Earth Road Network
• Connection to the national Grid
• Borehole water supply.

BENEFITS OF THE SCHEME:

• Liberation from the “omo – onile wahala”
• No agency fees required.
• Burden of procuring Cof O is completely removed.
• Fast appreciation for investors.
• Opportunity to pay by installmental.
• All drafts and cheques to be issued in favour of GRACEWORTH MULTICONCEPT LIMITED.
• A platform for accessing National Housing Fund.
• An easy way to “Be your own landlord”.


The value for your money is guaranteed as we expect your patronage.

We look forward to receiving an invitation from you for a presentation for your staff.



Yours truly,

For: GRACEWORTH MULTICONCEPT LIMITED.

08029836543, 07029651416.

1 2 3 4 5 6 7 8 9 10 11 12 13 (of 13 pages)