Faqs

What is your company’s web site ?

What is the size of a plot?

600square metres (100×60)

What if I want a bigger plot?

Purchasers who desire more plots will pay per square meter in relation to the excess number of square meters desired at the prevailing market price.

What if a lesser or bigger plot is allocated to me?

We use professional and accredited surveyors for our allocations. In the unlikely event that the above occurs, a sum equivalent to the size of shortage or excess multiplied by the price per square meters will either be refunded or in the case of a bigger plot, allocation will be redone

What is the infrastructure the Company will provide?

  1. Perimeter fence
  2. Good Road Network
  3. Transformers among others

Are these the only amenities the company will provide?

No, there are other infrastructure such as Asphalt on the major roads, street lightening, electric poles, drainages, green areas, children playground, football field etc but all these come at a cost.

What other payment do I make apart from the land payment?

Survey plan fee N500,000.00 for Ibeju Lekki and N180,000.00 for Atan Ota & Ikorodu, legal/documentation fees N250,000.00. Developmental fee (Subject to management’s decision). These levies are subject to changes.

Are there any encumbrances on the Land and what title do they have?

There are no encumbrances on the land neither is there any government acquisition, interest and adverse claim.

What do I get when I pay for my plot?

Receipts and contract of sale

What other documents do I get when I finish making all payments?

Receipts, Letter of Allocation, Survey plan, Deed of Assignment and every other essential Document.

What happens if I cannot complete payment or if I default in the payment of monthly subscription?

You will get a refund less 20% and N20,000 administrative charges subject to the decision of Management.

Can I pay a deposit and pay the balance anytime within the duration of the tenure?

No, you are expected to pay monthly based on the breakdown in the contract of sale as agreed by you. After the initial deposit, non payment will lead to outright revocation.

Is there any interest on the balance?

There is no interest on the balance since the installment price is already higher than the outright purchase price.

Are there any restrictions as to the type of buildings I can build on my designated area?

Yes, you are only permitted to build residential houses within the area so designated and commercial houses on the area designated as commercial, provision of shops within residential houses/area and building tenement house type popularly called ‘face me and face you’ are not allowed

Is there any time to commence work on my land after allocation?

Purchasers are encouraged to take possession and mobilize to their plot(s) within 6months of physical allocation in order to control weeds, also in case where the land is left un-kept for a long period, the company has autonomous power to revoke the land and every document attached to it and reallocate the same plot to another purchaser while the existing owner is re-allocated elsewhere within the estate.

When do I pay other charges?

Survey and documentation fee will be paid after or with the payment of the land while development fee is paid within 20months of allocation of the land.

What happens if I do not pay for the development fee?

The basic amenities will not be given to the house e.g. water, electricity etc.

Can I go for Inspection before payment?

Yes, this is subject to the purchase of the subscription form which cost N5000.

What are the steps to take to subscribe to Land online?

  1. Visit: gtexthomes.com and click on estate, click on the image of the estate you want to buy and it will take you to the subscription form.
  2. Transfer to the account details on the site after filling the subscription form.
  3. Send email of your payment details to: info@gtexthomes.com with payment evidence and our team will get back to you.

What are the prices of your estates? :

  1. White House Estate: N1.5M
  2. Sapphire Estate: N2.4M
  3. Beryl Estate Phase1 : N6.6M
  4. Beryl Estate Phase2: N3M
  5. Primerose Estate: N4.8M
  6. Jasper Estate : N7.8M

What are the addresses of your properties?

  1. White House Estate: Sokoto Road, Atan Ota, Ogun State.
  2. Sapphire Estate: Owutu-Isawo, Agric bus stop, Ikorodu, Lagos.
  3. Beryl Estate Phase1: After Dangote Refinery, 20mins after Lekki Free Trade Zone, Ibeju-lekki, Lagos.
  4. Primerose Estate: Magbon Alade, Near Eleko junction, Ibeju-lekki, Lagos.
  5. Beryl Estate Phase2: Legbiya Village, Opposite La’campagne Tropicana, Ibeju-lekki, Lagos.
  6. Jasper Estate: After Dangote Refinery, 20mins from Lekki Free Trade Zone, Ibeju-lekki, Lagos.

ALWAYS SUPPORT YOU

HOW CAN WE HELP?

“The best investment on Earth is earth.” — Louis Glickman, real estate investor

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