| INFRASTRUCTURE PARTNER: |
AARAJI Nigeria Limited |
| OYO STATE GOVERNMENT
GRA SCHEME:
|
Sen. Isiaka Abiola Ajimobi GRA, Sogunro, Moniya, Ibadan
(Medium & Low-Density GRA Scheme) |
| LOCATION: |
The GRA is located along IBADAN - OYO EXPRESSWAY,
SOGUNRO, MONIYA, Ibadan |
| PLOT SIZE:. |
Minimum plots is 600sqm. |
| UNIT PRICE: |
N35,000.00 per square meter (Thirty Five Thousand Naira Per Square Meter) |
| LEGAL/PROCESSING FEES: |
5% (N500,000.00 – Five Hundred Thousand Naira only)
(Paid with Offer Acceptance and Non-Refundable) |
| VALIDITY |
offer Valid for a period of 5 business days |
| PAYMENT TERMS: |
100% Payment due upon acceptance
| ONE-OFF PAYMENT |
100% |
N10,000,000.00 |
| 1.One-Off Payment is due upon Acceptance of this Offer |
| .Allocation will occur after the completion of infrastructure (12
Months) |
| 3.Funds are fully refundable if Final Allocation is unsuccessful
|
| 4.15% Penalty is charged if Allocation is successful but Purchaser
intends to withdraw |
| 5.Title (Certificate of Occupancy) Processing commences after the
completion of infrastructure |
|
| PAYMENT INSTRUCTIONS: |
| ACCOUNT NAME |
BANK NAME |
ACCOUNT NUMBER |
| AARAJI NIGERA LIMITED |
STERLING BANK PLC |
0079729791 |
| AARAJI NIGERA LIMITED |
FCMB |
4409388016 |
| AARAJI NIGERA LIMITED |
ACCESS BANK PLC |
0028348789 |
|
| COMPLETION DATE: |
DECEMBER 2022 (±90 days)
(Subscribers are expected to complete Property
Construction within 24 months from the GRA infrastructure
completion date) |
| INFRASTRUCTURE FACILITIES: |
| INFRASTRUCTURE ELEMENTS |
COST RECOVERY |
| GRA PERIMETER FENCING |
Included in Total Price |
| ENTRY AND EXIT SECURITY GATE |
Included in Total Price |
| ROADS AND DRAINAGES |
Included in Total Price |
| ELECTRICAL INFRASTRUCTURE AND
CONNECTION |
Included in Total Price |
| SECURITY – STREET LIGHTS |
Included in Total Price |
| SECURITY – CAMERA &
SURVEILLANCE SYSTEMS |
Included in Total Price |
| WATER SUPPLY FOR COMMON
AREAS ONLY
|
Included in Total Price |
| Standard Modern Buildings |
Not Included & To be Determined |
| School |
Not Included & To be Determined |
| Library |
Not Included & To be Determined |
| Health Centre/Pharmacy |
Not Included & To be Determined |
| Parks and Gardens |
Not Included & To be Determined |
| Civic Sports Centre |
Not Included & To be Determined |
| Worship Centres |
Not Included & To be Determined |
|
| MANAGEMENT: |
AARAJI NIG LTD or its assigns shall provide Estate
Management Services for the Sen. Isiaka Abiola Ajimobi
GRA. The cost of such services will be borne by
buyers/residents annually. The Facility Manager shall work
with the Home Owners Association (HOA) of the GRA |
| SERVICE CHARGE: |
Cost to be determined upon completion of the GRA and
based on percent occupancy. Account statements to be
provided periodically.
|
| CONDITION: |
All Purchasers/Subscribers/Residents covenant to abide by
all the terms and conditions of the Deed of Restrictions of
Sen. Isiaka Abiola Ajimobi GRA, Sogunro, Moniya, Ibadan. In
addition, adherence to all conditions imposed by any Local,
State, or Federal Authority or Government relating to
ground rent, tenement rate or Land Use Charge |
