Frequently asked questions about Floodgates Estate. This is an estate which is located in Ibeju Lekki. We are currently offering land for sale at affordable price.

1. T I T L E : R E G I S T E R E D S U R V E Y A N D D E E D O F
A S S I G N M E N T
FLOODGATES ESTATE

2. LOCATION OF FLOOD GATES ESTATE
• FLOOD GATE ESTATE is located in Elerangbe, off
Lekki- Epe Expressway.
• It is about 7 minutes drive from Eleko Junction
• about forty-five (45) minutes drive from Ajah bus stop.

3. WHO ARE THE OWNERS/DEVELOPER
OF FLOOD GATE ESTATE?
• PWAN HOMES LTD and Folkland Property Development
Company (FPDC) are the Developers of Flood Gate
Estate.
• PWAN (Property World Africa Network) HOMES LTD is a
Leading Real Estate marketing Company in Nigeria and
FPDC is a leading player in the Construction sector.

4. WHAT TYPE OF TITLE DOES FLOOD
GATE ESTATE HAVE ON THE LAND?
• Deed of Agreement with Land Owners
• Lagos State Government Approved Survey Plan.
• Contract of Sales and
• Receipt of payment
• Excision is in process (KL/9846)

5. IS THE LAND FREE FROM
GOVERNMENT ACQUISITION?
• Yes
• The land is free from every known government
acquisition or interest and adverse claims.

6. WHAT ABOUT OMO-ONILE WAHALA
• There is NO OMO-ONILE Wahala

7. WHAT IS THE PRICE OF A PLOT OF
LAND IN FLOODGATES GARDENS?
• Currently we are selling the land at a promo Price of
N1.5m per plot of land.
• This amount can be spread between NOW and 11th
November 2016
• For outright payment you get a discount of 10% ie
instead of N1.5m you pay N1.35m CASH.

8. PROMO BENEFITS
• Buy 2 plots at outright purchase and GET 1 plot for
FREE
• 10% discount for an Outright payment.

9. WHAT IS THE SIZE OF A PLOT OF LAND?
• A plot of land in Floodgates Gardens is 600 square
metre(sqm).

10. WHAT OTHER PAYMENTS DO I MAKE APART
FROM THE PAYMENT FOR THE LAND?
• Deed of assignment - N100,000 per plot
• Provisional Survey Plan Fee - N50,000 per plot
• Corner Plot Demarcation - N20,000 per plot
• Development Fee – to be communicated later

11. DO I HAVE TO MAKE THE OTHER PAYMENTS AT
THE SAME TIME WITH THE PAYMENT FOR THE
LAND?
• No
• You are advise to pay as soon as possible

12. STEPS TO PURCHASE A PLOT IN
FLOODGATES GARDENS
• 1st Step: Come to our office for inspection
• 2nd Step: Pick the subscription Form and fill it
• 3rd Step: Proceed to make payment and
• You are a Proud Landlord
• Congrats in Advance

13. WHAT DO I GET AFTER COMPLETING
PAYMENT FOR THE LAND?
• Completion Payment Receipt
• Contract of Sales
• Allocation Notification Letter
• Deed of Assignment and Survey plan will be given after
physical allocation.

14. CAN I START CONSTRUCTION OR
BUILDING ON THE LAND NOW?
• No
• It is still in development stage of 5 years plan within
which all the following site activities would have been
completed.
1st Year- Clearing,
2nd Year- Plot layout, Mapping out,
 3rd Year- Physical Allocation .
• You can start building on the land after Fencing and
payment of development levy from the 4th year.

15. 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, Block of Flats, detached houses (duplex).
Note “Face-me-I –Face – you” (Tenement Building) and
high rise houses 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 LSG afterwards.

16. THE END
• Thanks
• Contact Us On: 08160285780 or
• Email: info@realestateconsultng.com
• Web: www.realestateconsultng.com
• Office Address : Pwan Homes Ltd.
Floor 1- 5 PURI MALL BUILDING
KM 25, Lekki Epe Expressway
Opposite Lagos State University (LASU),
Oko Ado, Ajah, Lagos State