PILLARCOM DIAMOND ESTATE MOWE-OFADA
Frequently Ask Questions About
1. WHERE IS DIAMOND ESTATE MOWE-OFADA?
Ans: DIAMOND ESTATE MOWE-OFADA is situated at Abule Otun, off OFADA OWODE Road.
2. WHO IS THE DEVELOPER OF DIAMOND ESTATE MOWE-OFADA?
Ans: Tawirus Tech, the initiator of Pillarcom Network Home Ownership project.
3. WHAT TYPES OF INFRASTRUCTURE?
Ans: Perimeter fencing, Gate house and Earth road, School of Empowerment
4. WOULD THERE BE ANY DEVELOPMENT LEVY?
Ans: YES, N170, 000 PER CUSTOM PLOT, N250, 000 PER FREEDOM PLOT for Primary development. However, the more plots you buy, the lesser your developmental level.
5. WOULD THERE BE ANY CONTRACT OF SALE/ALLOCATION FEE & DEMARCATION FEE?
Answer: YES, N80, 000 PER CUSTOM PLOT, FREEDOM PLOT N 140, 000. However, the more plots you buy, the lesser the fee.
6. WOULD THERE BE AN AGREEMENT FEE?
Ans: YES, the Agreement fee referred to as Legal DEED OF ASSIGNMENT is N30, 000 PER CUSTOM PLOT, FREEDOM PLOT N 40, 000.
7. WHEN WILL MY PLOT(S) BE ALLOCATED TO ME?
Answer: Physical allocation would be done after full payment for the land has been made, inclusive payment of allocation & demarcation fee and Deed of Assignment.
8. WHAT TYPE OF BUILDING IS PERMITTED IN DIAMOND ESTATE PROJECT?
Ans: You have the freedom to build your kind of house such as Bungalow, Block of
Flats, detached houses (duplex). Note “Face-Me-I –Face – you” (Tenement Building) will not be permitted. All building design must conform to the required set back of building control of the estate and such design would be approved by the company and with government afterwards.
9. WHAT DO I GET AFTER COMPLETION OF PAYMENT FOR THE LAND?
Answer: Provisional Allocation Letter, Deed of Assignment.
10. WHAT DO I GET AFTER INITIAL PAYMENT FOR THE LAND?
Ans: Acknowledgement letter and Receipt of payment made.
11. WHAT ARE THE PAYMENT STRUCTURES?
AnS: Outright, 3months, 6months, 12month and 25months.
12. IS THERE ANY DEFAULT CHARGE ON AN INCOMPLETE SUBSCRIPTION PLAN?
Ans: Yes, Non-payment of the instalments as at when due shall be treated as a fundamental breach of the contract which will result in termination or revocation of the contract/OR attract default charge of 20% of the month payment.
13. WHAT HAPPEN TO MY LAND IF I CANNOT DEVELOP IT IMMEDIATELY?
Ans: Even if you cannot develop your Land immediately, your land is safe with us until when you are ready to build on it. However, we recommend you start development within your first 5years after allocation.
14. WHAT TYPE OF TITLE DOES DIAMOND ESTATE MOWE-OFADA HAVE ON THE LAND?
Answer: Survey and Deed of Assignment 15. IS THE ROAD TO THE ESTATE MOTORABLE?
Ans: Yes, the road to the Estate is motorable.
15. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
Ans: You can start building on the land after Physical Allocation, while Fencing and gate house construction is ongoing. Other Infrastructures will commence immediately after fencing.
16. CAN I RE-SELL MY PLOT/PROPERTY?
Ans: (a.) Yes, a subscriber who has paid up on their land can re-sell their plot(s). Tawirus Tech would require the seller to furnish the company with details of the buyer
(b.) A Charge of 10% of the land consideration (Covering Transfer Documentation) Fee shall be paid to the Company by the buyer.
17. IS THERE LAND OWNERS CHALLENGE (OMONILE WAHALA) IN THIS ESTATE?
Ans: No. All these has been taken care of. Just buy and start building after allocation.
18. WHAT IS THE SIZES OF PLOTS IN XYZ ESTATE PROJECT?
Ans: CUSTOM PLOT is 300sqm while freedom plot is 600sqm.
19. CAN I PAY CASH TO YOUR AGENT?
Ans: We strongly advise that cash payments should ONLY be made to TAWIRUS
TECH at its designated Banks. Otherwise, cheque(s) should be issued in favor of TAWIRUS TECH. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.
Account Details: Tawirus Tech : FCMB -3796413019, or WEMA Bank -0122845758
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