FREQUENTLY ASKED QUESTIONS
1. Where is KINGS AND QUEENS FRESHWATER ESTATE?
KINGS AND QUEENS FRESHWATER ESTATE, Is situated at:
Phase I
Agbara Atan road near beside Odugbe village.
Phase II
Idi-Epa off Alapoti (5km from Crawford University.
Phase III
Oresa Opposite Crawford university.
Phase IV
Egudu Baale after Edu village, opposite drury
2. Who is the financier and development of KINGS and QUEENS FRESHWATER ESTATE? (DIVINE DESTINY INVESTMENT COMPANY LTD).
3. What is the price per plot /payment scheme?N300,000.00k as Promo Price, N15,000 payable within 20 months @ zero interest N300, 000.00k Outright payment also available is the plots for N600,000 as promo price N25,000 payable within 24months.
4. What are the size of plots at KINGS AND QUEENS FRESHWATER ESTATE? 60ft x 120ft (648sqm), 1289Sqm, 1080sqm, 1020sqm.
5. What happens if a lesser or bigger plot is allotted to me? In the case of a bigger or lesser plot, a sum equivalent to the size of shortage or excess multiplied by price per square meters will be refunded or demanded.
6. Is there any encumbrance on the land? We are proud to say that the land is free from every known Government acquisition/interest and no adverse claimant, or Omo Onile Wahala!
7. What other estates or institution surrounds KINGS AND QUEENS FRESHWATER ESTATE 2-3km radius? Crawford University, Gateway Polytechnic, Free Export Trade Zone, Agbara Industrial Layout, OPIC Estate, Covenant University, Proposed Energy City, Living Faith (a.k.a Winners’ Chapel) Slave port Badagry, Badagry Beach, Farm produce market, Lusada Nestle.
8. What types of infrastructure will the developer provide? That will be determined by the category chosen by the subscriber.
9. What categories are available? Royal, Commercial/blks of flats, Diamond, Gold
10. Please explain these categories? Phase I: This is conceived like most of other estates in Agbara-Igbesa axis to cater for the medium-income earners, for it attracts moderate initial developmental charges that will cover tarred road, street lights etc Phases II, III & IV: This is designed to meet the needs of our overwhelming clients/subscribers who would like to stay in Igbesa Axis and enjoy the facilities their counterparts in Victoria Garden City, Banana Estate, Carlton gate Estate, Northern Foreshore, Goshen Estate such as Solar Power Street Lights, Paved Roads, providing recreation center with international standard, with a separate entrance gate etc.
11 What other payments do I need to pay apart from the payment on the land? Survey plan (Subject to review) Legal documentation (Subject to review) Premium/Developmental fee yet to be determined
12. What will the premium be used for? For the provision of facilities to be provided in the Estate
13. When will my plot(s) be allocated to me? At full payment
14. What do I get after completion of payments for the land? Letter of Allocation, Survey Plan and Deed of Assignment
15. What title does KINGS AND QUEENS FRESHWATER ESTATE have? Contract of sales agreement/Survey Plan and Irrevocable power of Attorney.
16. Does KINGS AND QUEENS FRESHWATER ESTATE have a Certificate of Occupancy? Divine Destiny Nig Ltd has initiated the process of getting the C of O and an approved layout plan from Ogun State Government.
17. What happens if I cannot complete payment or default in the payment of monthly subscription? You will get a refund less 15% and N5000 administrative charges.
18. Can I pay a deposit and pay the balance any time within the duration of tenure? Yes. Payments are to be made within the stipulated 20months.
19. What happens if I have not finished payment even after the stipulated 22months? Every subscriber is expected to have finished or completed payment on or before the stipulated 20 months. Non-payment will lead to outright revocation.
20. Does Divine Destiny (NIG) LTD. charges interest on the balance of payment? No! The transaction is 0% interest free.
21. Is there any restriction as to type of building I can build? Yes, you are limited to build 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 /face you) is not permitted.
22. Is there any time limit to commence work on my land after allocation? Allotees are encouraged to take possession and develop their plot within a year of allocation in order to control weeds; also in case where the land is left unkempt, the developer will come-in and keep the land tidy and expenses incurred will be transferred to you.
23. Where do I make payment? You can make your deposit in any of the under listed banks or you make a bank draft or cheque in favor of DIVINE DESTINY INVESTMENT COMPANY LTD.
Account Name Account Number Bank
Divine destiny company ltd 3932030014474 First Bank
Divine destiny company ltd 0742350001367 Diamond Bank
Divine destiny company ltd 115206064600037001 F.C.M.B
