Where is DE ROYAL NICHE ESTATE?
De Royal Niche Estate is situated behind the popular Kara Market at Idi-Orogbo, shortly after Eleko Junction specifically and immediately after Pan Atlantic University, on Lekki Epe expressway, within Ibeju-Lekki Local Government Area of Lagos State, Nigeria.
Why DE ROYAL NICHE ESTATE?
DE ROYAL NICHE ESTATE is poised with the utmost desire to live within a serene and quiet environment conceived with an idea of a masterpiece for affluence, comfort, and elegance away from the busy and noisy environment. The investment portfolio into the Ibeju-Lekki axis of Lagos is such that has grown geometrically and sporadically considering the likes of Lekki Free trade zone, Dangote Refinery, Lagos Deep sea port, New Lagos Airport, Alaro City, etc.
Who is the financier and developer of DE ROYAL NICHE ESTATE?
Lexshield Properties Limited is the developer with a track record of high performance in the Real Estate Industry for the past five (5) years and is the company responsible for the provision of infrastructures and facilities within the Estate.
What is the size of a plot at DE ROYAL NICHE ESTATE?
500sqm for the standard full plot size and 300sqm for half a plot.
How fast should I buy?
The best time to buy is now as this price is only for the first 50 plots. Once we are done selling the first 50 plots, the price will increase.
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 the price per square meter will be refunded or demanded.
Is there any encumbrance on the land?
The Estate is free from every known Government acquisition/interest and there is no adverse claimant.
What is the breakdown for the all-inclusive package?
- Cost of land:
- 15,500,000 (15.5m naira) on outright package
- 16,000,000 (16.5m naira) on installment package (12 months)
- Documentation: 2,500,000
- Infrastructure: 5,000,000
- Total package all-inclusive: N23,000,000
What will the premium/developmental fee be used for?
For the provision of facilities within the Estate namely Road, Electricity, Drainage, Perimeter fencing with lovely Gate House, Green Area, Security, Recreational Center, etc.
When will my plot(s) be allocated to me?
At full payment.
What do I get after completion of payments for the land and Documentation?
Letter of Allocation, Approved Survey Plan, Deed of Assignment, and a Copy of the Global Certificate of Occupancy.
What Title does DE ROYAL NICHE ESTATE have?
The estate is covered by Government-approved excision, meaning that the land has been excised/allocated to the family from whom the developer bought from which has further been initiated for the issuance of the Certificate of Occupancy.
Can I pay a deposit and pay the balance any time within the duration of tenure?
Yes, but payments must be made on a monthly basis with default within the stipulated 18 months.
Is there any restriction as to the type of building I can build?
Yes, you are limited to build residential houses within the area designated as residential and commercial houses on areas designated as commercial.
Are there commercial plots within the Estate?
Yes, there are limited numbers of commercial plots available within the Estate but at a higher cost and it’s strictly 500sqm.
How do I make payment?
All payments should be made ONLY in favor of LEXSHIELD PROPERTIES LIMITED in our designated Banks:
- Access Bank: 1766614342
- GTB: 0259063015
- First Bank: 2032575400
Lexshield Properties Limited shall not be responsible for any cash payment not paid into the LEXSHIELD PROPERTIES LIMITED bank accounts.