Where is Ireti Phase II located?
Ikorodu-Imota, Emuren Community.
Who is the developer?
HayProperty Development Limited.
What is the title of Ireti Phase II?
Freehold.
What plot sizes are available?
300 sqm, 500 sqm, 900 sqm, and acre-sized plots.
How accessible is Ireti Phase II?
It is easily accessible and motorable.
Is there a developmental levy?
Yes. The developmental fee covers perimeter fencing, gate house, electricity, drainage systems, and other basic communal living amenities, and is subject to the future cost of development.
Is there a documentation fee?
Yes — pricing excludes the charge for documentation (deed of assignment and survey fee). The cost of documentation is charged separately, as applied to the land size purchased.
Is there an extra cost for commercial or corner plots?
Yes. Commercial plots attract a 30% charge, while corner-piece plots attract an additional 20% charge.
When will my plot be allocated?
Physical allocation is carried out at the end of each quarter, per HayProperty's allocation policy. Clients who complete payment at least 3 weeks before the end of a quarter are automatically due for that quarter's allocation — otherwise allocation moves to the next quarter end.
What do I get after my initial deposit?
A starter pack containing your receipt of payment, invoice, and contract of sale.
Is there a rule on how I use my land after allocation?
Yes — you may develop only 60% of the land; the remaining 40% is reserved for greenery (trees, gardens, etc.), in keeping with healthy living across the estate. Strict adherence is compulsory.
Is this a buy-and-build-immediately project?
Yes. The estate is a buy-and-build project.
Can I get a refund if I change my mind?
Yes — subject to a 35% administrative fee deduction and a 3-month period is allowed to process the refund.
Can I resell my plot?
Yes, but the company must be duly informed for proper documentation.
Is there a time limit to start building after allocation?
No time limit to commence work — but only after building plan approval has been sought and received from the appropriate authorities.
Can I pay cash to a consultant?
We strongly advise that all payments be made directly to HayProperty Development — see the account details below. The company accepts no liability arising from a deviation from this instruction.
