Residential plots availed in Windhoek soon

01 Mar 2015 07:10am

WINDHOEK, 28 FEB (NAMPA) ? A total of 1,000 residential plots in Windhoek?s Khomasdal, Otjomuise and Academia will be made available and ready for development in the first half of this year. Speaking during the monthly council meeting on Thursday, Windhoek Mayor Muesee Kazapua said these plots will be available in Khomasdal Extension 16, Otjomuise Extension 4 and Academia Extension 1 phase one. He added that the move forms part of the decisions taken during the just-ended two-day land delivery workshop in the capital. ?We took decision to revisit our current policies and by-laws that are pertinent to land delivery. In specifics, we have resolved to streamline and consolidate our land sale policies and processes,? he said. The workshop was to review the systems of operations, looking at the existing policies, methods of land sale and finding medium-term solutions. It also looked at ways of how to deal with the current land application backlog and strategies to improving the administrative processes. In 2012, the City Council entered into a 50/50 PPP Joint Venture with Wilru Investment 96 Ltd, trading as Acacia Investment (Pty) Ltd, to service land in Academia Extension 1 and Otjomuise Extension 4. The municipality spent over N.dollars 200 million for the servicing of land in Otjomuise Extension 4, Otjomuise Extension 10 and Academia Extension 1, under the Targeted Intervention Programme for Employment and Economic Growth (TIPEEG). In 2013, the City sold out over 300 plots through ?offer to purchase? method to first-time buyers to enable middle-income residents to buy land in Otjomuise Extension 4 and Khomasdal Extension 16. A total of 203 erven have been created at Otjomuise Extension 4, of which 116 were offered for purchase in May 2013, while over 200 erven were sold in Khomasdal Extension 16. A total of 495 erven have been created in, and total of 143 erven for Academia Extension One phase one were made available for sale to the 680 persons registered during the registration period last year. The erven were sold at prices ranging between N.dollars 850 000 and N.dollars 1 325 000 to the highest bidders through an auction process. (NAMPA) ME/LI/CT