The Magnificent

Menu
LOGIN
REALTOR'S PORTAL
Reign-Homes
Reign-Homes
Reign-Homes

JUNE 15

PLOTS

Eleko, Ibeju Lekki

Certificate of Occupancy

Details
Features
Tour
Pricing
FAQ

Property details

June15 is a blend of residential and commercial hubs redefining the concept of thriving and healthy communities in Lagos, Nigeria. Located at Eleko, Ibeju-Lekki, June15 stands out as it directly faces the Lekki-Epe Expressway, lies close to the Lekki Free Trade Zone and Dangote refinery, and boasts of a fast-growing Eleko town which houses a university.

Neighborhood
  • Dangote Refinery
  • Lekki Free Trade Zone
  • Pan-Atlantic University
  • Lekki Deep Sea Port

property features

  • Good road network

  • 200+ Affordable homes

  • 24/7 Electricity

  • 24/7 CCTV

  • Swimming Pool

  • Recreational Center

View 3D

View Project Status

Project Status
0%
Completion
PRICING
300 SQM
Initial Deposit - ₦10,000,000
Outright Payment
₦ 24,000,000
6 Months Installment
₦ 25,200,000
Payments will be spread in 6 Months
12 Months Installment
₦ 26,400,000
Payments will be spread in 12 Months
18 Months Installment
₦ 27,600,000
Payments will be spread in 18 Months
500 SQM
Initial Deposit - ₦10,000,000
Outright Payment
₦ 40,000,000
6 Months Installment
₦ 42,000,000
Payments will be spread in 6 Months
12 Months Installment
₦ 44,000,000
Payments will be spread in 12 Months
18 Months Installment
₦ 46,000,000
Payments will be spread in 18 Months
BUY NOW
Interested in any of these properties?
SUBSCRIBE NOW
MORE ABOUT JUNE 15

  • School

  • Basketball court

  • Playground

  • Football field

  • Lounge

Children Recreational Park
Basketball Court
School
Shopping Mall
Relaxation Area
LUXURY + AFFORDABILITY

Of the 10-hectare residential and 0.5-hectare commercial land, 1 hectare will be used to build 201 affordable housing units for middle-income earners in Nigeria, while the remaining nine(9) hectares will be sold as bare land.

Where is JUNE 15 located?

JUNE15 is located at Eleko, Ibeju Lekki Area of Lagos State.

Who are the developers of JUNE15?

JUNE15 is developed by THE MAGNIFICENT MULTISERVICES LIMITED.

What type of title does JUNE15 have?

C of O.

Are there any encumbrances on JUNE15?

The land is free from every known encumbrance and no adverse claimant on the land.

Would there be any developmental levy?

Yes, the developmental levy has been included in the cost of the property

What do I get after the first installment/subsequent payment?

Contract of sales and receipt of payment. Subsequent payment you get receipt of payment.

Will there be extra charges for corner piece plots (Residential/Commercial)?

Yes, Commercial Plots attract an additional 20% charge while Residential plots attract an additional 10% charge.

When will my plots be allocated to me?

Physical allocation is done after the completion of payment. For subscribers to be eligible for Physical allocation, they must have completed full payment for the plot(s)

What is the available payment plans for JUNE15?

0 – 3 Outright 0%, 3 – 6 Month 5%, 6 – 12 Month 10%.

When can I start constructing or building on the land?

Construction can commence after allocation and approved building plan has been obtained from the appropriate Government authorities.

What are the plot sizes?

Plot sizes come in 300square meter and 500square meter.

What type of infrastructure will the developer provide?

Perimeter Fencing, Estate Gate House, Motorable/Accessible Road, Street Lights, Children Playground, shopping mall, Potable Water, Gymnasium, Recreational Center, Good Drainage system, Constant Power Supply, 24/7 Security Surveillance, Biometric enabled Facilities, Parking Space.

What document do I get after the completion of payment for land?

Acknowledgement letter, duly executed receipt of purchase, deed of assignment, Contract of Sales, Development guidelines, Copy of Survey plan, Letter of allocation

Are there any hidden charges?

No, there are no hidden charges. Developmental levy, survey fee and deed of assignment are all-inclusive in the total package.

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

No, there is no time limit to commence building.

Is there any consequence for not maintaining my property after full payment has been made?

Client are expected to maintain their property every 3 months, failure to maintain your property will come at a cost.

Is the road to the estate motorable?

Yes, the road to the Estate is motorable.

Can I resell my plot(s) or property?

A subscriber can resell his/her allocated plot. However, Documentations will be administrated by the Magnificent Multiservices Limited Legal team, and there would be a 10% charge on the sales for transfer of ownership by the new buyer.

Can I pay cash to your agent?

No! We strongly advise that all payments should be made to the designated account provided by the company.

Can I get a refund if I paid outright or in instalment payments for my plot(s) and I am no longer interested? Is there any refund policy if I cannot continue payment?

Yes, you can get a refund, but it takes 120 working days of notice to process your refund and 40% administrative charges will be deducted.

Is there any restriction as to the type of building I can erect?

Yes. You are expected to build residential houses within the area as designated for such and commercial houses in areas designed as commercial. Shops in residential houses are however not allowed and building of tenement house type (otherwise known as face me and face you) are not permitted.

Is the price subject to change?

Yes, it is. Prices are subject to periodic reviews.

Can I pay a deposit and pay the balance any time within the duration of the tenure chosen?

After the payment of the initial deposit, you are expected to pay the balance monthly as non-payment as at when due will be treated as a breach of contract which can either result to termination or revocation of the contract.

Your dream home awaits! Explore these stunning properties and find the perfect place to call your own
SUBSCRIBE NOW