MKH City | Houses and Lands for Sale Ibadan Lagos-Ibadan Exp

Details

MKH City Houses and Lands for Sale Ibadan Olunde Scheme, Academy, off Lagos-Ibadan Expressway · 2, 3, 4 Maisonette, bungalow & detached duplex for Sale MKH City · Allocation Letter / Governor’s Consent. Property Title: Allocation Letter / Governor’s Consent As we continue to grow, we’re excited to share the revised pricing of the Houses and Lands for Sale Ibadan MKH City

• 3-Bedroom Bungalow + BQ: ₦40 Million
• 2-Bedroom Maisonette: ₦47 Million
• 4-Bedroom Fully Detached Duplex: ₦130 Million
• Land (500 sqm): ₦25 Million
• Please note: There’s a developmental fee of MKH City exclusive of the above:
• Bungalows: ₦5 Million
• Land: ₦5 Million
• Fully Detached Duplex: ₦10 Million

Houses for Sale Ibadan MKH City

• 2-Bedroom Maisonette
• 3-Bedroom Maisonette + BQ

PROPERTY CHOICE

• 4-Bedroom Fully Detached
  • BQ + Self Swimming Pool
  • Penthouse
• 3-Bedroom Bungalow + BQ
• 4-Bedroom Bungalow

0-24 MONTHS (20% PRICE INCREASE)

Lands for Sale Ibadan MKH City

• 300SQM
• 450SQM
• 500 SQM N25M

INITIAL DEPOSIT N2M

• 0 – 6 MONTHS: Outright: (Interest Free)
• 0 – 24 MONTHS: 20% Interest
• 0 – 12 MONTHS: 10% Interest Allocation comes 4 weeks after all payments have been made

MKH City Lands Frequently Asked Question

• WHERE IS MKH CITY?
  • MKH City, Olunde Scheme, Academy, Off Lagos-Ibadan Expressway, Oyo State, Nigeria

• WHEN WILL MY PLOT(S) BE ALLOCATED TO ME?
  • WHAT DO I GET AFTER THE PAYMENT FOR THE LAND? Receipt, Contract of Sales, Deed of Assignment & Survey.
• WHERE IS MKH CITY?
  • MKH City, Olunde Scheme, Academy, Off Lagos-Ibadan Expressway, Oyo State, Nigeria
• WHAT TYPE OF INFRASTRUCTURE WILL THE DEVELOPER PROVIDE?
  • Perimeter fencing, Tarred Road, Electricity, Standard Security and Drainage
• WHAT TYPE OF TITLE DOES THE ESTATE HAVE ON THE LAND
  • Allocation Letter / Governor’s Consent
• CAN I PAY A DEPOSIT AND PAY BALANCE ANYTIME WITHIN THE DURATION OF TIME CHOSEN?
• No, after the payment of initial deposit, you are expected to pay the balance monthly, non-payment as at when due will be treated as a breach of contract which can either result to termination of revocation of the contract.
• IS THERE ANY EXTRA COST REQUIRED TO HAVE A CORNER PIECE OF PLOT?
  • Yes
• CAN I TRANSFER MY PROPERTY AT MKH CITY?
  • Yes, The purchase shall bear the cost of transfer of ownership, which is lesser than the cost of the survey document, and Deed of Assignment.

• IS THE ROAD TO THE ESTATE MOTORABLE?
  • Yes, Tarred Road to be provided
• IS THERE ANY TIME LIMIT TO COMMENCE BUILDING ON MY LAND AFTER ALLOCATION?
  • You are expected to commence building on the land after allocation
• CAN I RESELL MY PLOT/PROPERTY AT MKH CITY?
  • Yes, a subscriber who has completed payment for all fees can resell. However, approval must be sought and granted by MKH PROPERTIES LIMITED, for proper documentation and transfer of ownership.
  • A notice of transfer interest by the purchaser shall be sent to the vendor for the vendor’s consent.
  • The purchaser and vendor shall complete the unit transfer and documents and agreement shall be issued to the new owner.
  • In the case of transfer or resale, there shall be a charge of 10% of the cost of land at the time of transfer/sale.
• IS THERE ANY RESTRICTION AS TO THE TYPE OF BUILDING I CAN ERECT ON THE LAND?
• Yes, the whole estate is residential, hence only residential structures must be erected within MKH CITY.
• WHAT ARE THE SIZES OF THE PLOTS AVAILABLE
  • 300sqm
  • 450sqm
  • 500sqm and
  • 1000sqm
• IS THERE AN INSTALLMENT PLAN FOR FULL PLOT?
  • Yes
• CAN I PAY CASH TO YOUR AGENT, CONSULTANT OR STAFF?
  • No
• IF I PAY OUTRIGHT PAYMENT FOR MY PLOT(S) AND I’M NO LONGER INTERESTED; CAN I GET A REFUND?
  • Yes, you can get a refund however, there will be a deduction of 40% Administrative and Agency fee
• IF I WAS ON THE INSTALLMENT PAYMENT PLAN AND CANNOT CONTINUE WITH THE PAYMENT, CAN I GET A REFUND?
  • Yes, you can get a refund. However, there will be a deduction of 40% Administrative and Agency fee. Note: Refund is subject to resale
  • 0-6 months (Interest Free)
  • 0-12 months (10% Interest)
  • 0-24 months (20% Interest)
• IS THERE ANY OTHER ADDITIONAL CHARGES?
  • Land: N5M
  • Note: The Developmental Fee is exclusive of the price
• WILL THERE BE DOCUMENTATION FEE?
  • For the land, it is inclusive of the price.
  • But note that documentation for the corporate body will attract an extra charge.
  • Yes, there is a developmental fee and it’s listed below

MKH City Houses Frequently Asked Question

• WHAT ARE THE INFRASTRUCTURES TO BE PUT IN PLACE?
  • Solar Power
  • Electrical Service
  • POWER
  • Children Park
  • Green Area
  • Sport Arena
  • RECREATION
  • Reinforced Closed Drainage
  • Security + Cameras
• WHERE IS MKH CITY?
• MKH City, Olunde Scheme, Academy, Off Lagos-Ibadan Expressway, Oyo State, Nigeria
• WHAT TYPES OF APARTMENTS ARE AVAILABLE AT MKH CITY?
  • 3-Bedroom Bungalow + BQ
  • 4-Bedroom Bungalow
  • 2-Bedroom Maisonette
  • 3-Bedroom Maisonette + BQ
  • 4-Bedroom Fully Detached + BQ + Self Swimming Pool + Penthouse
• WILL THERE BE DOCUMENTATION FEE?
  • Yes,
    • Bungalow and Maisonette N1.5M
    • Fully Detached Duplex N2M
• WHAT ARE THE PRICES OF UNITS IN MKH CITY?
•  
• WHAT IS THE DELIVERY PERIOD?
  • The delivery period shall be 36 months.
• PERFECTION OF MY PURCHASED PROPERTY DOCUMENTATION WOULD BE DONE BY WHO?
  • MKH PROPERTIES LIMITED would be the one to perfect all documentation as regards MKH CITY.
• WHAT DOCUMENTS WOULD I GET AFTER MY FIRST INITIAL DEPOSIT?
  • Invoice, Receipt, Contract of sale .
• WHAT DOCUMENTS WILL I GET AFTER FULL PAYMENT?
  • Final receipt, Survey, Deed of Assignment, Certificate of Estate A Occupancy and Estate Handbook.
• WHEN WILL I GET ALL MY NECESSARY DOCUMENTS?
  • Upon allocation of the subscribed unit(s).
• WHEN WILL MY PROPERTY BE ALLOCATED TO ME?
  • Building unit(s) will be allotted to clients who have fully completed their payments in accordance with the delivery period of 36 months.
• CAN I RESELL MY APARTMENT?
  • YES, a subscriber who has paid all fees can resell, however approval must be sought and granted by MKH PROPERTIES LIMITED for proper documentation and transfer of ownership.
  • A notice of transfer of interest shall be sent by the purchaser to the vendor for consent.
  • The Purchaser and new proposed buyer must complete the unit(s) transfer form after which title documents and agreement will be issued to the new owner(s) by the vendor.
  • In the case of transfer, the Purchaser(s) shall bear the cost of procuring new survey plan and title deed and any other document required for the transfer of interest. Such costs shall be determined by the Vendor. Transfer of title fee shall also be determined by the vendor.
• WHAT HAPPENS IF I CANNOT CONTINUE WITH THE PAYMENT, WOULD I GET A REFUND?
  • Refund will be made only after the said unit has been resold. However, refund process is subject to management’s approval and a processing period of 90days, less 40% Administrative charge.
• IS THERE A PAYMENT PLAN POLICY?
  • Yes, all clients are expected to pay the agreed amount monthly in accordance to the payment plan chosen.
• CAN PAYMENTS BE MADE TO ANY OF YOUR REALTOR/CONSULTANT?
  • NOOOOOOOOOOOOOOOOOOOOOOOOOOO
  • ALL payments must be made to the company’s designated accounts – (MKH PROPERTIES LIMITED), as payments made elsewhere would NOT be honored as a payment for MKH CITY .
    • Bank Name: UNION BANK
    • Account Name: MKH Properties Limited
    • Account Number: 0221512635 (NGN) OR
    • Bank Name: PROVIDUS BANK
    • Account Name: MKH Properties Limited
    • Account Number: 5402036819 (NGN)
• IS THERE A DEFAULT POLICY
  • YES, If there is a default in the payment plan subscribed to for three months consecutively, the company (MKH PROPERTIES LIMITED) is at liberty to renegotiate the terms of the contract and also has the power to revoke the unit where it is deemed appropriate.
    • YES, In the event of revocation or termination, the Vendor shall not be liable to make any refund to the existing purchaser until the Vendor has received funds corresponding in value to the amount to be refunded from a third-party purchaser of the unit. For the avoidance of doubts, the Vendor shall not be obliged to procure a third party to acquire the purchaser’s interest in the unit.
    • YES, Defaulting in payment without one week’s notice will result in a 5% interest fee on the outstanding amount of the current month and this will accumulate compound interest.
    • YES, 3 consecutive defaults in payment will lead to a transfer of the unit(s).
    • YES, In the unlikely event that MKH Properties Limited defaults without any prior communication, affected clients would be compensated (in service charge that will be determined in the future).

Got Questions about Houses and Lands for Sale Ibadan MKH City? 

Give us a call or send us a whatsapp message +2347080832883 today to Schedule an inspection or for further enquires and one of our staffs would get back to you as soon as possible on Houses and Lands for Sale Ibadan MKH City Olunde Scheme, Academy, off Lagos-Ibadan Expressway · 2, 3, 4 Maisonette, bungalow & detached duplex for Sale MKH City.

Contact God’s Grace Multiplex Int’l Limited

• +2347080832883
• +2348062552955