CARITAS LUXURY HOMES
Phase 1

This ready to build land is located right behind the Novare Mall ShopRite, off Monastery Road.

If you desire comfort, ambience, tranquility, and functionality required for a residential estate, Caritas luxury home is the place.

LOCATION:
Off Monastery Road, Behind Novare Mall ShopRite Sangotedo.

NEIGHBORHOOD:
• Novare Mall ShopRite
• Catholic Monastery
• Westwood Park Estate
• Diamond Estate
• Lagos Business School
• Caleb British International School

• Skymall Sangotedo
• Lufasi Nature Park33
• Other Fenced & Gated Estates

TITLE: C of O

PRICE: N30M per plot

SIZE 600 sqm

For inspection and more details

Please contact 08034343362

F.A.Q: CARITAS LUXURY HOMES PHASE 1

FREQUENTLY ASKED QUESTIONS / TERMS AND CONDITIONS OF PURCHASE

Q1. WHERE IS CARITAS LUXURY HOMES PHASE 1?
A Caritas Luxury Homes Phase 1 is located in a serene environment, Off Monastery Road, behind Novare Shoprite, Sangotedo, Ajah, Lagos.

Q2. WHO ARE THE OWNERS / DEVELOPERS OF CARITAS LUXURY HOMES PHASE 1?
A SIMPLI MI HOMES LTD., a leading Real Estate Company in Nigeria with global headquarters in No. 1A Scintilla Close, Chevron Alternative, Lekki, Lagos State.

Q3. WHAT TYPE OF TITLE DOES CARITAS LUXURY HOMES PHASE 1 , HAVE ON THE LAND?
A. The Title of the land is Certificate of Occupancy (C OF O)

Q4. ARE THERE ANY ENCUMBRANCES ON THE LAND?
A No, The land is free from every known government interest or adverse claims.

Q5. WHAT IS THE PAYMENT STRUCTURE?
a. First payment 50% down payment and balance 50% spread across 2 months only per 300qm and per 600sqm.
b. No extra fees paid for any installment payments spread please.
c. N:B: Non-Payment of the monthly installments as at when due shall be treated as a fundamental breach of the contract which shall result in termination or revocation of the contract/OR attract default charge of 10% of the monthly payment.

Q6. WHAT IS THE SIZE OF THE PLOT?
A. 300sqm and 600sqm

Q7. IS THE ROAD TO THE ESTATE MOTORABLE?
A. Yes. The road to the estate is motorable and is maintained by SIMPLI MI HOMES LTD.

Q8. WHAT OTHER PAYMENTS DO I MAKE APART FROM THE PAYMENT FOR THE LAND?
A. Survey Plan: N1,000,000 only per plot (Subject to review)
B. Deed of Assignment: N100,000 only per plot (Survey Plan with Company’s name attracts extra charges) (subject to review)
C. Development Fee: Kept in view and not determined. Please kindly note that Development fees when determined Covers the following (1) Drainage construction (2) Electrification and Streets’ Lights (3) Creation of good road network (4) Landscaping & Beautification (5) Special amenities

Q9. WHEN DO I MAKE THE OTHER PAYMENTS?
A (i) Deed of Assignment and Survey fee payment can be made immediately. (ii) Development Fee when determined can be made after physical allocation of plot.

Q10. WHAT DO I GET AFTER COMPLETING PAYMENT FOR THE LAND?
A. A duly executed e-receipt of purchase, while we wait for your document to come out – this process takes about 2-4weeks. (NOTE; Letter of allocation comes after completion of payment for the land)
(b) Deed of Assignment & Survey Plan after Physical Allocation is done.

Q11. CAN I START CONSTRUCTION OR BUILDING ON THE LAND NOW?
A. You can still build on the land after physical Allocation, while perimeter fencing and Estate development is going on.

Q12. IS THERE ANY RESTRICTION REGARDING THE TYPE OF BUILDING I CAN CONSTRUCT IN THE ESTATE?
A. Yes. The estate layout is in sections and you are limited to build on each section based on designated use or plan for that section (Commercial or Residential) i.e Bungalow, Block of Flats, detached houses (duplex). Noted “Faxe-me-I-Face-you” (Tenement Building) and Highrise houses will not be approved by the company and with Lagos State Government afterwards.

Q13. CAN I RE-SELL MY PLOT/PROPERTY
A. Yes. Subscribers who have paid up for their land (in full) can re-sell plot(s) SIMPLI MI HOMES LTD., would require the seller to furnish the company with details of the buyer.

Q14. CAN I PAY CASH TO YOUR AGENT?
A. NO. We strongly advise that cash payments should ONLY be made to SIMPLI MI HOMES LTD at its designated Banks. Otherwise, Cheque(s) Should be issued in favor of SIMPLI MI HOMES LTD. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.

Q15. WHAT HAPPENS IF I CANNOT CONTINUE WITH ANY PAYMENT? CAN I REQUEST FOR A REFUND?
A. Yes, you can apply for refund only if you have NOT been allocated your plot(s). in the event of a Refund, you are required to give the company Ninety (90) days’ notices to process your refund request and a further Sixty (60) days if the process isn’t completed the first 90 days. We cancel and refunds shall be processed and paid less 30%.

16. WHERE DO I MAKE PAYMENTS?
A: Cash payments/transfer should be deposited into SIMPLI MI HOMES LTD bank account or you make a bank draft or cheque in favour of;
SIMPLI MI HOMES LTD
ZENITH BANK: 1218232032