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Friday Mar 16, 2012

Cape Town partnership to produce 1000 homes

The City of Cape Town has partnered with construction company Group Five to refurbish the former Everite factory hostels between Brackenfell and Kraaifontein, creating 1 000 new Gap houses in the process.

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Wednesday Mar 14, 2012

Concourt sends tenants in lease row to tribunal

A group of tenants whose leases were cancelled to make way for more expensive apartments must take the matter back to the Gauteng Rental Housing Tribunal, the Constitutional Court has ruled.

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Tuesday Mar 13, 2012

Cut-off for Durban property valuation objections

Cash-strapped eThekwini home and business owners who are crying foul over their new valuations have until the end of the month to object if their properties have been over- or undervalued, or incorrectly categorised.

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'Downsize your home efficiently'

Whether you simply need a smaller property, are considering retirement or need to downsize your home due to financial reasons, moving from a large property into a much smaller one can be a big emotional life event.

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Monday Mar 12, 2012

Only nominal growth in property prices expected

Western Cape house prices are likely to remain level and there is little chance of "real" (inflation-beating) growth this year, says Dianne Brock, general manager of the Western Cape Institute of Estate Agents.

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Thursday Mar 08, 2012

Deterioration of property developments soon after handover

Developers of multi-unit sectional title residential developments all too often find that, having gone to great lengths to hand over their scheme along with its communal facilities and its gardens in a near-perfect condition, the project begins to deteriorate soon after the handover and snag rectification period is complete.

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Wednesday Mar 07, 2012

New properties set to change face of Soweto

Abulani Heights is set to change the face of the Soweto housing landscape. The groundbreaking new development will have a mall, hospital, theatre, municipal offices, fire station and filling stations.

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Tuesday Mar 06, 2012

Residential rental market set to remain weak - FNB

The residential buy-to-let and rental markets remain weak and may remain so for some time because of the crowding-out effect of the myriad other consumer costs, according to FNB.

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More tenants paid on time over festive season

The percentage of residential tenants in good standing with their rental payments remained virtually unchanged in the fourth quarter of last year, which could be considered moderately encouraging given the long-standing tendency towards a dip in rental payments over the holiday season, according to credit bureau TPN.

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