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CABS is seeking more land as compensation from Harare City Council after some co-operatives invaded part of the land allocated to the financial institution for its Budiriro Housing Project.

Old Mutual Property general manager Mr Gilbert Gumpo said they were supposed to build 3 104 housing units but they ended up having land for 2 977 housing units.

“We lost some of the stands across the road (next to the project) because they were invaded by some co-operatives.

“We are having discussions with council so that they can retrieve some of the land or find compensatory land because we would like to get to 3 104 housing units we had earmarked for the programme,” he said.

Mr Gumpo bemoaned the slow uptake of the Budiriro houses saying CABS was coming up with flexible plans and was looking at other impediments, which have been discouraging buyers.

The uptake of the Budiriro houses has been low, forcing CABS and City of Harare to water down the qualifying criteria in a bid to allow people to access the houses.

Harare mayor Bernard Manyenyeni, said the houses were not accessible to the targeted low income earners.

“These ones (Budiriro houses) have not been as accessible to the target market as we would have wanted or the developers would have wanted. We believe that under $10 000, it should be a descent enough unit for someone to have as a starter home.

“Each and everyone one of us aim to own house, but that is not going to be possible. Those who have the means whether individuals or corporates to build enough houses whether it is one, two or 10 000 and provide houses for people to rent should be supported.”

Source : The Herald