Adetola Emmanuel King’s real estate firm, Adron Homes has continued to thrive despite the controversies the firm is battling with. Last week the company was accused of allocating some parcels of land in Shimawa, near the headquarters of the Redeemed Christian Church of God, in Ogun State.
However, years after its customers completed payment, Adron Homes reallocated the parcels of land in a manner that was different from what it promised its customers. The act was described as a breach of agreement by some of the clients involved in the deal. Clients who rejected the reallocated land were charged a huge percentage of money as default fee and the company told them to return the bags of rice and kegs of vegetable oil that they were given when they bought the parcels of land.
It was also alleged that the company charged large sums of money as development fee before the clients could develop their land. A client who bought a half-plot of land was charged the sum of N1.5 million as development fee. The company was also accused of telling their customers to use a particular engineering firm for the construction of their buildings.
Any engineer who does not fit into its requirements, it was learnt, is usually rejected and the clients are prevented from building, even after paying all fees required by the company.
Adron Home was also accused of delaying allocation of land to clients who have paid to the company. They denied the allegations and advised their clients to explore the contractual options available to resolve whatever conflict they have with the company instead of tarnishing its image.
The company made it known that several clients have built their houses successfully on their allocated land. It said that as soon as all requirements, as laid down by the company, are met, land is usually allocated to clients.
Despite the allegations, the company was awarded The Biggest And Best Run Real Estate Firm In Nigeria at the Real Estate Conference and Recognition Awards (RECRA 2023), held last week at The Civic Centre, Victoria Island, Lagos. Adron Homes was recognised based on integrity and consistency in the real estate business among her contemporaries in Nigeria and beyond.
