₦20 million – ₦40 million
Bronze
Pay between ₦20 million and ₦40 million. After 6 months the deposit is returned with 6% interest.
₦20,000,000 becomes ₦21,200,000 after 6 months.
Land banking
Buy the land. Let it work. Take a dated return.
One of the oldest property practices — undeveloped land, held, then sold. With PGHomes the hold is a written term, aimed at profit inside a year.
You can buy land and, on these plans, take an illustrated profit without hunting plots or wondering if the title is safe. Payments can be made by transfer, in the Garki office, or through another channel we agree.
₦50 million – ₦100 million
Silver
Pay between ₦50 million and ₦100 million. The illustrated payout on ₦50 million is ₦65 million after 12 months.
₦50,000,000 becomes ₦65,000,000 after 12 months.
₦150 million – ₦300 million
Gold
Pay between ₦150 million and ₦300 million. After 1 year the deposit is returned with 35% interest.
₦150,000,000 becomes ₦202,500,000 after 12 months.
₦350 million – ₦1 billion
Platinum
Pay between ₦350 million and ₦1 billion. The stated interest is 38% on the term agreed in writing.
₦350,000,000 becomes ₦483,000,000 at 38% interest.
Illustrations only. The figure that pays you is the one in your written term sheet. This is not a bank deposit and it is not a guarantee.
Illustration
See a number before you call
Range for Bronze: ₦20 million – ₦40 million. Term: 6 months.
A little more
What land banking actually is
The phrase means what it sounds like. Instead of a savings account that barely moves, or a market that changes its mind every quarter, some people park money in land — a fixed thing that cannot be switched off.
Vacant land looks dull next to a block of flats. That dullness is the advantage. No service charge, no tenant, no leaking tap. You can leave it and the only change worth mentioning is the value.
The famous version is John Jacob Astor buying the land that became Manhattan, before the city had agreed with him. Developers and retailers have been doing a quieter version of that in every growing city since.
PGHomes is the version where you do not have to find the parcel yourself, and you are not left guessing about title. You take a plan, you get a date, and the desk at Garki remains the person who answers.