The Federal Competition and Consumer Protection Commission (FCCPC) has sealed off Paradise Estate located in Life Camp Extension, Abuja, following allegations of consumer rights violations linked to undelivered housing units.
The enforcement action was taken after several buyers reportedly paid in full for properties that were not delivered as agreed by the estate’s management.
According to the Commission, the decision to seal the estate was prompted by numerous complaints from affected consumers as well as repeated failures by the developers to comply with regulatory directives.
The FCCPC stated that multiple petitions had been submitted against Paradise Estate over the matter, but the management allegedly failed to respond adequately to the complaints or address the issues raised by the affected buyers.
The persistent non-compliance, the Commission said, necessitated a regulatory visit to the premises and the eventual sealing of the estate as part of enforcement measures.
The agency emphasised that the move was aimed at protecting consumers and ensuring accountability within the real estate sector.
It reiterated its commitment to safeguarding the rights of property buyers and addressing unfair business practices that undermine consumer confidence.
The Commission also warned real estate developers across the country to strictly adhere to contractual obligations and consumer protection laws, noting that similar enforcement actions would be taken against firms found violating regulations.
The FCCPC added that ensuring transparency and compliance in property transactions remains a key priority as the real estate sector continues to expand.
