City Ambience is strategically located in one of the fastest developing communities in Mowe, Owode-Ofada, Ogun State.

Assetrise Limited.

City Ambience contains lands and housing units (3 bedrooms semi-detached bungalow) property.

300 SQM and 500 SQM

300 SQM:  N2,400,000 – Outright

500 SQM :  N1,920,000 – Outright

The land is free from every known encumbrance and no adverse claimant on the land.

Perimeter fencing

Beautification of the Estate

Estate Gate House

Road Network

Electricity Connection

Recreational Centre

A duly executed receipt of purchase.

Contract of Sales.

Copy of Survey Plan.

Letter of Allocation.

Deed of Agreement.

Yes, the statutory fees on the property are:

Deed of Assignment : N100,000

Survey and Allocation : N300,000

Developmental Fee: N600,000

Yes, the statutory fees on the property are:

Survey – N400 000

Developmental Fee: N2,000,000

Legal Fee: 5% of Unit Price

The payment of the Developmental Fee is mandatory, and this fee is used for the general development of the estate and infrastructure like electricity, streetlights, drainage system, good road network, water supply, security, CCTV system, green area, and more.

Commercial plots atracts 30% of land cost, while corner piece attracts 20% of land cost.

Yes, the title of the land is Registered Survey and the C of O is in view.

Yes, you can, but kindly note that non-payment as at when due will be treated as a breach of contract which can either result to termination or revocation of the contract.

Yes, you are expected to build residential buildings in the areas designated for such and Commercial buildings in areas designed for commercial purpose. Building of shops on residential plots are however not allowed, shops are only allowed on Corner piece and commercial plots. Building of tenement house type (otherwise known as face me and face you) is also not permitted in this estate. We have our building prototype.

Allottees are advised to take possession and develop their plot(s) of land within twelve (12)  months of allocation.

3 bedroom semi-detached bungalows

Assetrise would construct 144 Units of 3 Bedroom semi-detached bungalows in the first phase of the residential development project.

The cost of a 3-Bedroom Bungalow Unit in City Ambience is 19.5 million naira. Payment plans are available for 6 months, 12 months, 18 months, and 24 months

The initial deposit for land per plot is 500 thousand Naira, while each housing unit of City Ambience is 2 million Naira, and the balance can be spread across the selected payment plan period.

There are three stages of the construction, development of our units. The units are available in carcass, semi-finished, and finished stages.

Yes, you can sell your Unit(s). However, before any sale is initiated, the full payment (including statutory fees) must be paid, and Assetrise Limited must be contacted for advice and proper documentation before the listing is initiated.

Yes, a subscriber can initiate a termination at any time, but termination attracts an administrative charge of 35%, and you would give Assetrise a period of 90 days to initiate the termination process, complete legal documentation, and process your refund.

No payment (whether in cash or mobile/online transfer) should be made to any consultant. All payments MUST be made in respect of:

Account Name: Assetrise Limited

Account Number: 0092780159

Bank Name: Sterling Bank PLC

Assetrise shall not accept any responsibility for any liability resulting from payments made to any other account or consultant.

Yes, Assetrise Limited reserves the right to revoke a subscription and initiate a termination if a subscriber defaults in his/her payment. The project is time bound and a default in payment would disrupt the entire development of the estate. The refund will be paid after 90 days less the administration charges.