HEBRON COUNTY ESTATE
Where is HEBRON COUNTY?
Hebron County is an undeveloped parcel of land situated in Mafogunde Area, off Lekki- Epe expressway, Ibeju-Lekki LGA, Lago States. It’s about 30 minutes drive from Eleko junction and 50 minutes drive from Ajah roundabout.
Who is the owner and promoter of the Estate?
Pwan Edge Properties and Investment Limited (PEPIL)
What type of Title does Hebron County have on the land?
Deed of Agreement with Land Owners and Lagos State Government Approved Survey Plan. The Excision/Gazette is in process.
Apart from the payment for the land, do I make any other payment(s)
Provisional survey plan: N50,000 per plot (subject to review)
Plot demarcation (4 corner): N30,000 per plot (subject to review)
Deed of assignment: N100,000 per plot (subject to review)
Development levy: To be communicated later (not yet reach the stage)
Commercial plot: 10% cost of plot (subject to availability)
Cornerpeice plot: 10% cost of plot (subject to availability)
At what stage will I have to make these payments and how much each?
Payments should be made before the physical allocation.
What do I get after completion of payments for the land?
Receipt of payment, letter of allocation and contract of sales (after full plot(s) payment). While the deed of assignment is issued after physical allocation.
What will the development levy be used for?
It will be used for distribution of energy, roads, drainage and other estate facilities.
When will my plot(s) be allocated to me?
After 100% payment for the land and stipulated allocation time.
Can I start building on the land now?
The estate has 5yrs development plan [selling,clearing(from April 2017)» plot layout/physical plot allocation (from Jan 2018)»fencing & other infrastructure(from Jan 2019)] because it is still in a developing area. You can start building on the land after the physical allocation and payment of all levies.
Is there any time limit to commence work on my land after allocation?
No. But you will be responsible for clearing your plot(s) after physical allocation. Note: A cost of N30, 000.00 per plot will be charged if left and done by us when proper development of the estate commence.
Can I re-sell my plot/property?
Yes. Though, we can buy back plots from subscribers who have paid up on their land or assist to get a buyer. A charge of 10% (admin fee) would be charged from the current purchase or selling price in either cases.
What is the size of the plot?
Is there any restriction regarding the type of building I can construct in the estate?
Yes. The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section (Commercial or Residential)., i.e. Bungalow, Blocks of flats, Detached houses(duplex). Note, “Face-me-I-face-you” and high rise houses will not be permitted.
What happens if I cannot continue with the payment or have completed payment? Can I get a refund?
Yes. But a 90-days’ notice shall be given for your refund to be process less 40% administrative charges. The refund shall be paid according to the payment plan used for the subscription.