Description

WHERE  IS  PARADISE  GARDENS? Paradise  Gardens  is  situated in  Free  Trade  Zone  Area,  off  Lekki-  Epe  expressway. 
WHO  ARE  THE  OWNERS/ DEVELOPER    OF  PARADISE  GARDENS? PWAN  HOMES  LTD,  a  Leading  Real  Estate  Company  and  Folkland  Property  Development  Company  (FPDC),  a  leading  player  in  the  Construction sector of  the  economy  with offices  in Lekki,  Lagos  State. Website:www.pwanhomes.com
WHAT  TYPE  OF  TITLE  DOES  PARADISE  GARDENS  HAS  ON  THE  LAND? Deed of  Assignment  with  Land Owners,  Registered  Survey  plan  approved by  Lagos  State  Government  and Gazette. 
ARE  THERE  ANY  ENCUMBRANCES  ON  THE  LAND?The land is  free  from  every  known government  acquisition or  interest  and adverse  claims. 
WHAT  IS  THE  PAYMENT STRUCTURE?  (Outright  and Instalment  Payment)(a)  Payment  of  #350,000  Initial  payment  and  #262,500  monthly  instalments  for  12  months  for  600sqm  (#3,500,000)  &  #175,000  Initial  payment  and #131,250  monthly  instalments  for  12  months  for  300sqm.  (#1,750,000) (b)  Outright  payment  is  N3,150,000  only  per  plot  for  600sqm  &  N1,575,000 only  per  plot  for  300sqm (c) Commercial  plots  Attract  additional  10%  of  land cost   (d)  Corner  piece  plots  Attract  additional  10% of  land cost  (e)  Change/Correction  of  Name(s) attract  N10,000 charges  (Subject  to review)(f) Transfer  of  Ownership attract  10%  of  land cost(g) N.B  :-  Non-payment  of  the  monthly  instalments  as  at  when  due  shall  be  treated  as  a  fundamental  breach  of  the  contract  which  will  result  in termination or  revocation of  the  contract/OR attract  default  charge  of  10%  of  the  month payment. Note: Outright payment attract 10% discount.  WHAT  IS  THE  SIZE  OF  THE  PLOT?600sqm  And 300sqm 
IS  THE  ROAD  TO  THE  ESTATE  MOTORABLE?Yes  the  road to the  estate  is  motor able. 
WHAT  DO  I GET  AFTER  THE  INITIAL  DEPOSIT?Starters  pack  comprising  a  letter  of  acknowledgement  of  subscription,  receipts  of  payment. 
WHAT  DO  I GET  AFTER  COMPLETING  PAYMENT  FOR THE  LAND?(a)  Completion  Payment  Receipt,  Contract  of  Sales  &  Allocation  Notification  Letter  (a)  Deed  of  Assignment  &  Survey  Plan  after  Physical  Allocation is  done. 
CAN  I  START  CONSTRUCTION  OR  BUILDING  ON  THE  LAND  NOW?You  can  start  building  on  the  land  after  Physical  Allocation,  while  Fencing  will  be  done  in  the  2nd  year  and  Other  Infrastructures  will  commence  the 3rd  year. 
Note: Land is Instant Allocation after Completing Payment.
IS  THERE  ANY TIME  LIMIT TO  COMMENCE  WORK  ON  MY LAND  AFTER  ALLOCATION? No
CAN  I  RE-SELL  MY  PLOT/PROPERTY?(a) Yes  a  subscriber  who  have  paid  up  on  their  land  can  re-sell  their  plot(s).  PWAN  HOMES  would require  the  seller  to  furnish  the  company with  details of  the  buyer. (b) A Charge  of  10% of  the  land consideration (Covering  Transfer  Documentation Fee  shall  be paid to the  Company  by the  buyer

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