INTRODUCTION
Housing, they say is one of the human most important needs. The need to have a place to call home, a place to
get all the rest deserved, the peace and its quietness to help one relax, rebuild and retarget all goals and
dreams. The real estate sector in
Nigeria is fast growing with the inception of privately owned businesses all working closely with then
government to ensure that housing is made available to everyone. But the question still remains that, can anyone
and everyone own a house in
Nigeria?
THE PROBLEM
Understanding that housing deficit in Nigeria is fast growing as population is
growing with regular increase in cost of land as it appreciates over time, it has thus become a thing of worries
for individuals who want to be
Land Owners but cannot afford it at a go or save up with necessary discipline to meet up the land appreciation
and hence buy themselves a land. Below in summary, is a list of problems faced by individuals who dream of
having a Land but never live
to see this dream come through;
- Cost of land
- Access to trusted real estate agencies
- Fear of being scammed
- Regular Land appreciation making their savings to never meet up with current selling price.
- Easy access to landed properties.
Cost of Land
The fact still remains that Land has always been expensive even when measured from
the late 90s till date. You would realize that people In those years never got to buy themselves a land and
today we look at them and say
“They were not serious, so land used to be that cheap and they didn’t buy any” but we forgot that what we are
dealing with is the value of money and not the real actual cost of what we see or think we know. In the late
90s, 20naira worth’s exactly
what millions of naira worth’s today and only a few people had it then so definitely they all could not have
exactly same amount of asset or access to these assets. They (those who had land and those who didn’t were all
affected by the cost of
land and today as the value of naira reduces, pushing up the cost of land to an amount appearing as a fortune,
only a few people can without stress afford land leaving out a majority of the population who would have wanted
a land of their own
Access to trusted real estate agencies
As much as there are lots of real estate’s firms in
Nigeria, only a few of them truly owns the property they display and only but a few even allocate the properties
they own to clients after selling
off. This in turn has caused a huge set back for individuals who wants a land, have the money but do not have
access to whom to trust or deal with.
Fear of being scammed.
A lot of land dreamers never make a move because of the stories they have
heard, and or the ones they witnessed, thereby stopping them from actually bringing that dream to reality. For
some of them it is not just
being scammed, its them losing all their live savings, their family and even their business as some people go as
far as investing their live savings into owning a land some even keep their family at the losing end, as they
have to push in all
their funds into buying the land and at the end they find out it’s all been a scam. They end up not buying that
land.
Regular Land appreciation
Making their savings to never meet up with current selling price. In
the midst of people who cannot afford a land at a go, are people who have tried saving up to own a land but just
never meet up with the selling
price of land as it keeps appreciating with time. So they either keep saving or give up the dream of owning a
land and spend the saved funds on other needs. In most cases the latter is always the case.
Easy access to landed properties.
It is one thing to have access to genuine real estate firm and
another thing to have that access to their landed properties, seamless and easy on the go. This becomes a
problem as Nigerians are on a
daily basis engaged with one thing or the other, some are working, in business, in school or anywhere all the
time and never get the time and space to visit this real estate firms or even their lands to see what they can
buy or have bought.
THE SOLUTION – yurLAND
yurLAND is a PropTech product
developed by
Arklips Limited to help every Nigerian own a land at very afforadable rates spread across a
fixed savings period of up
to 18 months. With yurLAND, land ownership would be brought closer to everyone who really
wants to own a land
and that is why we call it “Real Estate At your Door step”, helping individuals become the landlord of their
dreams. We are in the tech
age, an era where everyone wants to have everything bought from their phones or pc, while at work, in their home
or at a place of relaxation, a situation where you cannot make yourself available to visit a firm or business
into land and sales
of properties, yurLAND brings Real Estate to you, allowing you purchase land online just like
your regular
shopping, pay either outright or pay on installment.
Executive Summary
yurLAND is a product designed for all, creating an entry into
the real estate
sector for everyone who intend to own a land but cannot afford at a go and others who can, using technology as
our medium. With yurLAND,
land ownership would be democratized hence reducing the housing deficit in Nigeria and the world at large.
Vision
To make land ownership an easy to go at. Helping every one man in every family become a
land owner in Nigeria and the world at large.
Mission
Understanding our vision and using technology as our medium we are on a journey in the
real estate sector to provide Nigerians with affordable lands, ease of ownership and
What we offer – Value Proposition
- Easy access to land ownership
- Flexible payment plan; go daily, weekly or monthly.
- Up to 18 months fixed savings, no interest.
- payment plans allowing you decide how long you want to spend paying for the land.
- Free units for every 4 units purchased. A unit is equal to half a plot.
- Personalized user-web. We brought land ownership closer to you, allowing you to now own your land by
using our user-web to start and complete your purchase.
- No limit to the numbers of lands that you can subscribe to.
- Retargeting – while aiming at your multi-million savings plan, we would always notify you of available
lands your current saved amount can afford.
- Auto debit payment feature that allows you set up your payment either daily, weekly or monthly and leave
it for our platform to handle while you worry about other things.
- Manual payment – We trust that you are disciplined enough to handle your payments, daily, weekly or
monthly, so we created an option to let you manage that.
- Offline Payment - Scared of releasing your card details online, you can make offline payments and still
get them reflected on your dashboard.
- Outright Payment – We allow users pay outright for any land of their choice with no extra charges.
- Instant allocation – Prior to completion of payment, allocation of land are done instantly with no
delay. All qualified clients are contacted immediately and Invited for allocation.
- Free Inspection on schedule.
- Executive customer support. We provide every buyer an agent who could help manage buyer’s account,
process payment and ensure prompt allocation as at when due.
Who is yurLAND designed for?
This is a product made for everyone. We built yurLAND to match every category of users
coming from
whether the user is online or offline; ranging from a market woman to a tech savvy, students, business men and
women, salary earners, cooperatives,
groups and organizations. Everyone looking to own a land either for residential purpose or for investment,
newbies or experts yurLAND is a great place to get started or continue your journey to land
ownership.
How we intend to make land ownership an easy to go at.
Using technology we are able reach as many people as possible in different locations within the country
and abroad, giving each one an opportunity to review and select from our list of available estates, decide a
payment plan, pay consistently
and get allocated as at when due. It’s that simple.
