SQUARE METERS
300 - 500 SQM
TOTAL PLOTS
300 Plots
TOTAL LAND SIZE
30 Acres
LAND TITLE
Registered Survey, Regularization Zone
OVERVIEWNaturally Preserved
Downtown by Novarick is a serviced residential estate comprising 30 acres total land size, located at the entrance of Ketu Omu-Epe, Lagos State.
The estate is envisioned as a neighbourhood that enhances psychological well-being and physical fitness, with conserved natural green areas to support your peace of mind.
A Leap Away from the Ordinary
Downtown is a compact, smart community designed with lush green spaces and high-quality infrastructure that promotes wellness. It is miles away from the noise and restlessness of the city, serving as an ideal haven for relaxation.
Don’t wait till there are no more plots left in the “New Lagos”
Don’t wait till there are no more plots left in the “New Lagos”
THE FACILITIESFeatured Facilities
FEATURESGym and Clubhouse
FEATURESGarden & Playground
FEATURESEstate Medical Facility
FEATURESGarden & Playground
Choose Your Investment Type
Purchase a Self-owned Plot
Our Landownership Scheme presents an exclusive opportunity to purchase and possess plots within Downtown. Upon purchase, a plot is promptly allocated to you, enabling you to commence building your dream home for personal residence or as an investment property for rental income.
Our plots are available in sizes of 300sqm and 500sqm, and payment options include outright purchase or installment plans spread over a period of up to 12 months.
Invest in a Buyback Plan
Downtown Land Buyback Plan is tailored for investors seeking to purchase land and generate appreciable income without the complexities of reselling and liquidating their assets. Novarick offers to repurchase the land at a pre-set interest rate, typically ranging between 10% to 45%.
Investors have the flexibility to opt in for a buyback option when acquiring a plot or to apply for a buyback plan separately, with investments ranging from 5 million to 100 million Naira in capital.
June 2024
Estate Gatehouse and Perimeter Fencing
July 2024
Project lauch
August 2024
Estate recreational Facilities (Tennis court & green area)
December 2024
1st phase of estate road infrastructure
June 2025
Downtown & Accommodations Project Starts
June 2026
2nd phase of estate road infrastructure
June 2027
3rd phase of estate road infrastructure
August 2028
Estate Delivery
Estate Launch Price
500 SQM
|
PAYMENT PLAN
|
PRICE
|
INITIAL DEPOSIT
|
MONTHLY DEPOSIT
|
|---|---|---|---|
|
0-3 MONTHS/OUTRIGHT
|
₦6,000,000
|
₦1,000,000
|
|
|
6 MONTHS
|
₦6,750,000
|
₦1,000,000
|
₦960,000
|
|
12 MONTHS
|
₦7,500,000
|
₦1,000,000
|
₦542,000
|
|
24 MONTHS
|
₦9,400,000
|
₦1,000,000
|
₦350,000
|
300 SQM
|
PAYMENT PLAN
|
PRICE
|
INITIAL DEPOSIT
|
MONTHLY DEPOSIT
|
|---|---|---|---|
|
0-3 MONTHS/OUTRIGHT
|
₦3,500,000
|
₦1,000,000
|
|
|
6 MONTHS
|
₦4,000,000
|
₦1,000,000
|
₦500,000
|
|
12 MONTHS
|
₦4,375,000
|
₦1,000,000
|
₦281,000
|
|
24 MONTHS
|
₦5,250,000
|
₦1,000,000
|
₦117,000
|
Note: The prices above are exclusive of all fees for Survey, Deed of Assignment and Development levy
Don’t wait till there are no more plots left in the “New Lagos”
Don’t wait till there are no more plots left in the “New Lagos”
THE LOCATIONNeighbourhood
Everything within reach
Everything within reach
Gallery
Live Map
Live Map
About Novarick Homes
About Novarick Homes
Novarick Homes & Property Limited is a subsidiary of Novarick Group, aimed at building sustainability in Africa
Novarick Homes & Properties Limited is a real estate development company committed to providing affordable, eco-friendly and sustainable housing and investment opportunities across the real estate industry for the fast-growing, young, and dynamic population.
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Novarick Homes and Properties Limited is a real estate development company, dedicated to providing remarkable housing and investment solutions across the real estate spectrum.
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