Beechwood residents, property manager feud over estate’s facilities

ALL cannot said to be well within the quiet neighborhood of Beechwood Estate, located along Lekki-Epe Expressway, Lagos, as subscribers to the scheme and the developer are at dagger’s drawn over provision of some facilities, six years after the former signed agreement of purchase into the property.

Essentially the residents who are up in arms against the facility mangers claim that the company failed to meet up with agreements six years after they paid N2.5 million to Beech Wood Estate a subsidiary of Assets & Resource Management Co. limited, (ARM) for plots of land located along the Lekki-Epe Expressway.

But ARM in a response claims that the allegations are incorrect even as it had fulfilled all the requirements.

In a letter signed by the Chairman of Beech Wood Estate Resident Association, Mr. Nduka Dagbue,  residents of the estate are disgruntled as a consequence of living without all the promised amenities and now seeking the intervention of Lagos State Government, and well meaning stakeholders and the general public.

It said: "This is November 2012 six years later and the estate is still not delivered. The various projects are at different abandoned stages of completion as stated by ARM. There are no timeline existing presently for the completion of these projects as agreed in the signed documents.

"Consequent upon the said agreement yet to be fulfilled covenants including but not limited the following were made by ARM to unsuspecting members of the public who had gone out of their way to purchase the said plots: Completion of the perimeter fence of the estate to ensure security of existing properties and the lives of the occupants of the estate, Completion and delivery of electricity and water supply within the estate as stated in the agreement signed with our Client, Delivery of the approved lay out plan of the estate to enable our clients complete the processing of their building approval plans presently stalled by the non-availability of an approved layout plan,  Appropriate beautification of the front of the estate and the other green areas in the estate and Completion of roads and Drainages.

"By this breach of contractual obligation and failure in service delivery on the part of ARM, the residents of Beech Wood Estate now live in fear and perpetual darkness, as the haphazard work on the said facilities to be provided by ARM was abandoned halfway after money had been collected from the unsuspecting purchasers/ subscribers to the scheme without any actual plans or intention to complete the said work.

However, ARM in a response to the allegations explained that perimeter wall has been completed – with installed security for the wellbeing of current residents.

"Currently all high tension poles and cables have been installed, low tension installation is at 50per cent, all transformers have been delivered to site (3 of which have been installed) and 30per cent of the water distribution channel has been connected.

"A total sum of N53, 000,000 was paid to Lagos State Ministry of Physical planning and Urban Development for the Layout Approval of the Estate in November 2011. 99 per cent of the road network within the estate is completed. Only two roads in Zone 3 (Azare and Kabba) are yet to be completed.

It also stressed that the beautification of the estate is incumbent upon the residents, as the company claimed to have assisted with clearing the environs periodically – the last exercise as of 2 months ago.

As far back as 2005, Assets & Resource Management Co. Ltd. (ARM) through its subsidiary Beech Wood Estate sold plots of land being part of a parcel of land located along the Lekki-Epe Expressway to members of the public who had leveraged on the said reputation of ARM, they did so with covenants of providing serviced plots to each purchaser.

Source: TheGuardian

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