Frequently Asked Questions

Frequently Asked Questions

They are located at Shimawa, Abeokuta, Atan-Ota in Ogun State, and Ikorodu, Ibeju Lekki in Lagos State.

Shimawa, Abeokuta, Atan 60ft by 120ft (648m) and 60ft by 60ft (324m) and 50ft by 100ft Ibeju Lekki, Ikorodu (500m).

Receipt and Contract of sales

The Estate has a Deed of Assignment. The process of C of O is at advance stage.

Physical allocation of plot(s) will be done immediately after payment has been fully made and readiness to build.

No, the land is free from every known government acquisition or interest and adverse claims.

Survey – N200,000

Documentation – N100,000

Developmental Fee – N750,000

Security – N100,000

Supervisory – N100,000

Building vetting:

Bungalow – N50,000

Duplex – N100,000

Yes, you can commerce development immediately

Construction of good drainage system, Street light, Perimeter Fencing, Interlocked road.

Yes, a subscriber can resell his/her plot(s). The buyer will inherit all the assets and liabilities on the plot(s). Labanba Properties Ltd would require the seller to furnish the company with the details of the buyer.

No, all payment for Labanba Properties should be made to LABANBA PROPERTIES LTD.

All payment to be made in favour of Labanba Properties Limited

UBA – 1021744517

GTB – 0457957132

ZENITH – 1016177252

Yes, in the event of refunds, you are required to give the company 90 days’ notice to process your refund. The refund shall be processed and paid 20% less than the amount you paid for the plot(s). Administration Fee and others.


Contract of Sales

Letter of Plot Allocation

Survey Plan

Deed of Assignment

Copy of Global C of O

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