Ibile Residential FAQ (Frequently Asked Questions)

Ibile Residencial is a masterpiece of elegance, strategically located on 100% dry land with no government encumbrances or acquisition issues. See Ibile Residential FAQ (Frequently Asked Questions)

  • Where is IBILE RESIDENTIAL Located?
    • IBILE RESIDENTIAL is located along Imota, Ikorodu.
  • What types of infrastructure will the developer provide?
    • Perimeter fencing, Gate House and Earth Road, and other vital amenities.
  • What is the payment structure?
    • 300SQM – ₦500, 000
    • 500SQM – ₦800,000
    • 1,000SQM – ₦3,000,000
  • What are the initial deposit for half plot, full plot and commercial zone
    • ₦1,000,000 – Minimum Initial deposit for 1,000sqm.
    • ₦400k – Minimum Initial deposit For 500sqm.
    • ₦200K – Minimum Initial deposit For 300sqm.
  • What is Development levy?
    • It is the cost paid for the placement of Infrastructure within the estate.
  • Is it all inclusive? Will I be paying any other Fee
    • NO, it is not all inclusive. YES, other fees will be paid.
  • What are the other fees to be paid?
    • Survey and Documentation Fee.
    • Primary Development Fee.
  • Other fees to be Paid.
    • Survey and Documentation.
      • 300sqm: 200,000
      • 500sqm: 200,000
      • 1000sqm: 500,000
  • What are the document I will be getting after making all my complete payment?
    • Acknowledgement Letter, Payment Receipt, Contract of Sales, Deed of Assignment and Provisional Survey.
  • Is the site open for inspection now?
    • Yes, our inspection days are Wednesdays and Saturdays.
  • When will my plot(s) be allocated to me?
    • Physical allocation is done instantly inclusive of all statutory fees; SURVEY AND
  • What if I want a corner piece, is it available?
    • Yes, it is available. Corner piece attracts 25% extra cost of the land.
  • When do I get my deed of assignment and survey?
    • Deed of Assignment and Survey would be given to each subscribers who have completed payment, on the day of physical allocation.
  • What type of Title does IBILE RESIDENTIAL IKORODU have on the land?
    • IBILE RESIDENTIAL, IKORODU has a Registered Survey and It is Free from any Government acquisition or encumbrances.
  • Is the road to the Estate motorable?
    • Yes, the road to the Estate is motorable.
  • Is there any time limit to commence work on my land after allocation?
    • No there is no time limit to commence work but after the Building Plan approval has been sought and received from the appropriate authorities. However, maintainers of undeveloped plots must be done frequently for the safety of the residents living in the estate.
  • Can I resell my plot(s) or property?
    • YES, but the company has to be duly informed for documentation processes.
  • Can I pay cash to your agent?
    • We strongly advise that all payments should be made to:
      • ACE REAL ESTATE DEVELOPMENT LIMITED
      • PROVIDUS BANK 1305643136
      • Otherwise, cheque(s) should be issued in favor of ACE REAL ESTATE DEVELOPMENT LIMITED . We shall not accept any responsibility for any liability that may arise, as a result of deviation.
  • If I paid outright payment or installments payment for my plot (s) and I’m no longer interested, can I get a refund?
    • YES, but it would be subjected to getting another buyer and less 30% administration fee. A 3 months’ period would be allowed for the vendor to process the payment.

Ibile Residential FAQ (Frequently Asked Questions), Got Questions?

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Contact

08076695516

+2347080832883

+2348062552955