Victoria Falls Municipality, which has a housing backlog of about 10 000, is selling stands for as much as $50 000 to prospective home owners.
BY NQOBILE BHEBHE
The development is part of the “Beneficiary Pays Scheme” initiative.
Targeted beneficiaries are drawn from people on the waiting list and those with financial potential to build houses.
In a notice, town clerk, Christopher Dube said the value of stands ranged from $32 000 to $50 000. Sizes range between 2 000 square meters to 4 000 square meters at Aerodrome low density.
“Beneficiaries will be required to pay a third of the total cost of their stand or a minimum of $10 500, as initial deposit.
The remaining balance shall be payable over a period of 12 months,” he said. According to the notice, preference will be given to people with offer letters from the Beneficiary Pays Scheme initiative and “members of the public with demonstrated capacity to acquire and develop”.
In August, the local authority said it would provide close to 11 000 housing stands located between Mkhosana and Chinotimba suburbs along the Bulawayo-Victoria Falls main road and along Kazungula-Victoria Falls road.
The place had over the years been reserved as an animal corridor, with no development allowed, but high demand for housing in the resort town necessitated the development.
The buffer zone is the same area that has been invaded by open space churches that have sprouted in the resort town with the local authority now seeking to ban them for defiling the environment.