Richard Nyong: How Lekki Gardens Fails To Give Subscriber Property After Full Payment

Embattled real estate agent, Richard Nyong and his company, Lekki Gardens Estate Limited, are in the news again for the wrong reasons, Thecitypulsenews gathers.

A Nigerian entrepreneur resident in Lagos, Mr. Tunde, (not real name) has accused the real estate firm, which rebranded as Meridian Lux Park Limited after several battles with customers and the Lagos State government, of refusing to hand over his property to him despite paying them in full.

Speaking to our source, the subscriber while narrating his ordeal in the hands of the company lamented bitterly what he has passed through in recent times trying to get what exactly has gone wrong.

He said he subscribed in Paradise Court Estate in January 2021 and up till now, the estate is yet to be delivered, his money tied down with no response whatsoever from the developers of the estate.

Tunde said that he was introduced to Paradise Court Estate in late 2020 and after doing all necessary checks to confirm if the project was real at the Lekki Gardens office on Chevron Drive, Lekki, he decided to sign an agreement for a quarterly payment with the company.

“In 2020, I was introduced to Paradise Court on Orchid Road by Chevron, to purchase a 5-bedroom fully detached duplex at the rate of N42,500,000. By January 2021, I made my first installment of N16,000,000 and an offer letter was immediately presented to me with an arrangement of paying the balance sum which is N26,510,000 in installment which comes down to paying N6,627,500 on a quarterly basis.

Furthermore, a Providus Bank account name of Meridian Lux Park Limited was provided for all payments and from time to time, I was making my payments accordingly till early 2022.

Tunde said further, “Between March and April 2022, the company started calling for the last installment of the money as they claimed they needed the money to finish up the eEstate development and unfailingly deliver by the last quarter of 2022. Due to the pressure, I paid my last installment sometime in May 2022,

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