Residential Plots FAQs
Rivergardens Residences launched phase I of plots in June 2011 and phase II in December 2011.
Rivergardens Plots are sold in various sizes starting from 1180 sqm up to an acre. Careful consideration was given to the layout to ensure that plots can be joined together to form larger areas if desired.
You are welcome to buy more than one plot. Discounts on additional plots will be discussed and dependant on availability.
Payments can be made by cheque, bank deposit, or bank transfer.
A 10 percent non-refundable deposit is required to secure the reservation of a plot. A further 80 percent of the sales price is due within 60 days.
You may request in writing an extension beyond the payment terms agreed. Late payments may attract a one (1) percent per month penalty fee. Failure to the above, the ten percent deposit will be forfeited and the property put back on the market.
Yes. We offer a 5 percent discount for purchases paid in full at time of signing the sales agreement.
There is a service charge allocated to each owner for the general maintenance, upkeep, domestic water, communal power, security, and refuse removal of Rivergardens Residence.
Owners are billed on a monthly or quarterly basis in arrears for the utilization and consumption of the services. Charges pertaining to security, communal power, and general maintenance and upkeep are due from the time of purchase. Charges pertaining to provision of domestic water and trash removal are due from start of construction.
Owners requiring Telephones, Internet, Satellite T.V & such like facilities may install them at their own expense. However, the Owners’ Association if it so wishes may organize these in common.
Once full payment is received for the plot and upon receiving approval from the Architectural Review Committee construction may commence.
There is no time limited imposed to commence construction on the plot after purchase. However, once construction has begun works must be completed according to the approved plans within 18 months.
Yes, guidelines for type, design, and size of buildings are laid out in Rivergardens’ Architectural Policies. The purpose of these guidelines is to safe keep the vision and harmony of the development.
Yes you may resell plots, however you must extend a right of first refusal to Rivergardens Limited.
Upon completion of payment you will receive:
The original copy of the registered Lease at the land registry in Moshi;
A certified true copy of the certificate of title of the plot.
A management company as appointed by Rivergardens Limited will be responsible for the running of the estate. In a first instance Rivergardens Limited itself will undertake the management of the estate. The management company may implement maintenance or improvements following requests from the Owners’ Association.
The land is free from any known government acquisition or any adverse claimant.
No, basic infrastructure such as roads and pathways, perimeter fences and gates, electricity and water distribution as indicated in the Lease Agreement are included in the original purchase price.
Improvements, changes, and new infrastructure may attract a development levy.
Rivergardens Limited holds Certificates of Title to Right of Occupancy dated April 10th, 1962, for Residential/Commercial use. Documents are available for review upon request.
The plot owner is responsible for their own building permits from the local authorities. Prior to commencing works the owner must also seek approval from Rivergardens Architectural Review Committee.
Submitted: Wednesday, Sep 24 2014
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