1.
Who is the owner / developer of Adunni
Terraces?
Photizo Properties Limited
2.
What type of title does Adunni Terraces
Estate have?
Governor’s Consent
3.
What type of infrastructure will the
estate provide?
Perimeter Fencing, Drainage System, Interlocked
Road Network Within the Estate & Street Lights.
4.
What is the payment structure?
Outright = ₦90M (With 40% Initial Deposit) which is
₦36,000,000.00
5.
What type of building is avaliable on
Adunni Terraces?
4 Bedroom all Ensuite Terraces
6.
What is the delivery time for each
building?
The delivery is 18 months, however, your 50%
initial deposit guarantees you a unit of Adunni
Terraces, proper handover will be done after all
payment including the statutory fee and
procurement chares have been fully paid.
7.
Would there be statutory charges?
Yes, There will be statutory charges of:
Description |
Content |
Deed of Assignment |
2.5% of the total property |
Survey |
Cost of producing survey
N1,200,000, and payment of any
other fee as may be required by
the State government.
|
To be paid directly into the company's account
provided below together with the the total cost
the property.
Account Details |
Content |
Account Number |
0011099802 |
Bank Name |
Jaiz Bank |
8.
Would there will be infrastructure fee
No. House owners are only required to pay the
sum of N1,500,000 which covers the purchase of a
Standby generator
of 150 kVA and water. All maintenance of the
house shall be borne by the house owner.
9.
Can I pay to your agent?
It is in the nature of the real estate business
that real estate sales-people market real estate
properties from
various companies including ours. However, it is
the company policy that all payments relating to
Photizo Properties
Limited’s Real Estate Products, be made into the
company’s accounts. All cheques and bank drafts
should be made in favor
of Photizo Properties Limited. The company will
not be responsible for any loss occurring from
not adhering to the policy.
10.
If I make outright or installment
payments for the house and i'm no longer
interested can I get a refund?
Yes, you can get a refund which will be
processed after a 90 days notice period. Also,
note that there is a 20% administrative fee
deduction from the amount paid.
11.
Will there be service charge?
No. There shall be no service charge for this
property except as required by the main Estate
Authority..
12.
What will I get after the payment?
After the 50% initial deposit, you are entitled
to a receipt and contract of sale. You will get
a deed of assignment and a registered survey 14
days after the
full payment has been made. Your survey will be
provided to you after all the statutory fees
have been fully paid for and you are being
allocated.
13.
What happen if I can not continue with
the payment, Can I get refund?
Yes, you can get a refund but you are required
to give a 90 days notice in writing to the
company from which your refund shall be
processed and shall be fully
refunded but less 20% administrative
fees.
14.
When Will I get my allocation?
Physical allocation will be done 18 months after
the full payment of the total purchase price and
statutory charges.
15.
What is the foundation details of Adunni
Terraces?
Before embarking on construction, a Soil test
was carried out which Informed the kind of
foundation in place. A Raft foundation was done.
The development and foundation are higher than
existing road levels.
16.
What are the finishing details of Adunni
Terraces?
Electrical Fittings and Lightings, All Sanitary
Wares Fittings, Internal Painting, Internal and
External Doors, Windows, Fitted Kitchen, Tiling,
and POP Installation.