The Group Executive Director of RevolutionPlus Property, Tolu Onalaja has disclosed the drive behind the company’s decision on instant allocation on every landed property.
According to the Director, the firm is offering instant allocation when buyers make full payment into any of the properties.
Speaking on the new innovation, Onalaja described instant land allocation as a lasting solution to major real estate challenges that may create doubt in the minds of prospects. She stated that the idea was borne out of intense brainstorming sessions that lasted for many weeks considering all the bottlenecks in acquiring landed documents from the government.
She stated, “We have all our estates on layouts right now, buyers will get allocation immediately once payment is complete.”
Stressing more on the instant allocation, the executive director stated, “from the moment you enter into our office with your money and your preferred estate you intend to subscribe to, we issue you a letter of allocation immediately, with the plot and block number allotted to you. Every other document gets to you within one month.
“How do we achieve this? Get a subscription form for any of our properties, and choose your payment plan between six months to one year. Once your payment is full, you get your allocation letter immediately, and by the time you pay all other statutory fees within 90 days, the allocated land will be released. Statutory fees include the survey, the deed and the developmental fees.
“And for the house, once you have paid at least 70 percent of the cost, you will be allocated your unit in the estate. From now, there is no more waiting after payment, it is ‘cash and carry”.
She reiterated the mission of the company to develop affordable housing to make those who don’t earn so much, own a home they can call their own.