Facing the Abeokuta-Ibadan Expressway, Kila, 5 minutes from Omi-Adio

C of O in View and Registered Survey

Luminous Hills Investment Ltd.

Ladoke Akintola Train Station | Command Secondary School, Ido Local Government Secretariat | Abeokuta-Ibadan Expressway

0-3 Months

• 600sqm: N1M
• 450sqm: N750K
• 300sqm: N500K
• 150sqm: N250K

6 Months

• 600sqm: N1.2M
• 450sqm: N950K
• 300sqm: N700K
• 150sqm: N450K

N850 per sqm

• 600sqm: N510K
• 450sqm: N382,500
• 300sqm: N255K
• 150sqm: N127,500

Development fee (upon default shall be charged at the existing market value/cost)

The payment of statutory fee shall be made, three (3) months after the end of your payment plan, failure to do that will result to forfeiture

The following infrastructure will be provided subject to payment of development fee by the subscribers:

• Estate Perimeter Fencing
• Gate House
• Road Mapping
• Portable Water
• Electricity

This is a breakdown of the property acquisition process:

• Inspection of Property
• Fill Subscription Form
• Payment of Land
• Issuance of Contract of Sale
• Payment of Survey and Deed of Assignment & Development
• Issuance of Allocation Letter, Survey and Deed
• Physical Allocation

A subscriber that has fully paid up for his/her plot(s) can resell their land but the company must be notified and a fee of N50,000 paid to the company to cover the cost of change of ownership to the name of the new subscriber.

The seller must also submit to the company, original copies of documents issued at the point of the sale.

Please note that the new subscriber shall pay additional cost for deed of assignment and survey to enable us prepare same in his name. Please be aware that the LUMINOUS HILLS INVESTMENT LTD does not resell plot(s) for subscribers.

After your initial deposit, LUMINOUS HILLS INVESTMENT LTD allows a 30-day grace period for subscribers on installment payment plans before adding a 5% late fee penalty to your fee.

Please note that a written notice that you may be late in paying your installment is important to enjoy the 30-day grace period.

Where you are in default of your installment period of 3 months, LUMINOUS HILLS INVESTMENT LTD is at liberty to revoke your subscription and refund your payment less than 30% of administrative fees

• The purchaser once he/she starts to pay a statutory fee cannot get/ask for a refund anymore.
• The purchase can only ask for refund during/within the subsistence of the payment of your land.

Allocation shall be communicated to every subscriber provided that all payments made in full. The payments required for allocation includes full payment for the plot of land, deed of assignment, survey plan and development fee.

Every subscriber who has been allocated may commence construction provided that development levy has been paid

We strongly advise that payments should only be made to company designated accounts. LUMINOUS HILLS INVESTMENT LTD., shall not be liable for any loss suffered by any client as a result of payments made into an unauthorized account.

Signing of the FAQ is binding on both parties

All cash payments should be made to LUMINOUS HILLS INVESTMENT LTD. 

Its designated bank cheque(s) should be issued in favor of LUMINOUS HILLSINVESTMENT LTD.

The company will not accept responsibility for any liability that arises as a result of breach of the above condition