LAND BANKING INVESTMENT
What is land banking investment?
1. Its an act of investing a fixed amount of money for a period of time and enjoy high returns on investment.
2. Investing is an act of putting funds to work and generate passive income and that’s why we have designed an investment package that best suit your needs with a specific time frame.
VALUE PREPOSITION TO THE CUSTOMERS
- vestment tenure is 12 months and above
- The unit/units of land acquired by the investor will be physically allocated and documents released to the investor.
- Return on Investment will be defined on contract and signed by Oga for Property and the investor.
- Return on Investment can be paid upfront on either monthly, quarterly, semi-annual and annual through transfer or Cheques(s)while waiting for the appreciation of the property in one years time.
- Investment can be transferred to another investor by mutual/legal agreement should the investor wan to cash out before expiration of investment tenure.
- Investors will receive the following documents and collaterals
- Contract note
- Insurance certificate
- Receipt of payment
- Allocation and land documents
PRODUCT DESCRIPTION
Land as well-known from the beginning of mankind is the safest of fixed assets. The quest for acquisition of land by all describes it as an inevitable asset.
Land banking, therefore, is a solution not just to the acquisition of land as a fixed asset to be owned but as an investment medium by individuals or a group.
The inherent appreciation nature of land makes it laudable for investment for both short time and longtime land banking
Banking History
Lekki Nigeria is one of the most premium locations in Nigeria and Africa today.
In 1996, a plot of land is 300,000 in Lekki, but in 2020, a plot of land is within N150 million to N200, 000,000
Land appreciates over months or years in response to development activities around the location.
Currently also in Lagos state is the Ibeju-Lekki, Epe and other axes have proofs of over 50% appreciation in land value per annum as a result of industrial and residential development activities.
Taking advantage of these definitions is why Oga For Property Land banking investment provides buyers an option to earn a high return on land investment over a defined tenure with a defined amount as Return on Investment.
The investment is also much secured with high security against eventualities and communal differences and government documentations.
How it works
- Oga for Property Land banking investment is a direct investment on land which has been acquired and structured into an estate development by the company
- The land is secured from communal differences and government documentations.
- The defined land or estate is under continuous development which makes the land appreciate in value over the investment tenure (12 months or 24 months).
- An investor commits a defined amount to the acquisition of land via the Land banking scheme.
- An agreed amount is agreed as ROI after a defined tenure (6 months and above). All legal documentation and agreements on this investment are prepared and signed between Oga for property and the buyer. Oga for Property is absolutely responsible to pay back investors both amount invested in the purchase of the land and agreed Return on Investment at the expiration of defined tenure.
- The buyer or investor can also decide to roll over the amount used in the purchase of the defined land with the defined agreement to that effect in other to make the land more appreciable.
Comments
Post a Comment