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Wednesday Jul 18, 2012

Bank valuations 'distorting property market'

The conservative approach of the lending institutions to granting home loans is now putting selling prices under pressure - and distorting the property market in the process.

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Water shortage threatens Durban property developments

A lack of water in the northern part of the city threatens to put the brakes on major development in Durban. The city now plans to tackle the shortage by taking water from the western aqueduct, which itself has been delayed.

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Police intervene in Kalk Bay noise battle

Popular Kalk Bay restaurant the Brass Bell had to cancel a karaoke contest with prizes worth R50 000 after it was ordered to stop hosting live bands following complaints from residents.

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Renovated property offers 'green' office space in Sandton

The renovated Eastgate 20 office building in Sandton recently achieved a 4 Star Green Star SA from the Green Building Council of South Africa (GBCSA).

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Proposed changes to benefit Pretoria CBD

Major changes are to be implemented in Pretoria's inner city as part of the Tshwane Metro Council's "Operation Reclaim" project.

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Two properties in Benguela Cove to be auctioned off

Two luxury homes, situated on the lagoon front of the sought after Benguela Cove outside Hermanus, will be taken to auction at Aucor Property's first Cape Town multiple auction taking place on 26 July 2012.

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Cape Town aims to build 4000 homes in a year

The City of Cape Town hopes to build 4 000 homes for Cape Town families over the next year.

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Mediators must be impartial in property disputes

The procedure and process of informing parties of a mediation or a hearing must be just and fair in terms of the common law, the Promotion of Administrative Justice Act 3 of 2000, the Rental Housing Act and its regulations.

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