News / National
Pay $150 and get title deeds, says Chiyangwa
17 Aug 2015 at 08:49hrs | Views
Phillip Chiyangwa says he has come up with a scheme where thousands of home seekers in Harare South will get title deeds upon payment of a deposit of a minimum of $150.
Upon payment of the deposit his company will register bonds for the land to cover both parties.
Recently, a housing development consortium which sold residential stands to over 20 000 people in Harare South has lost its bid in court to stop businessman Dr Phillip Chiyangwa from reclaiming the land on three farms which he owns.
The consortium was suing Sensene Investments (Pvt) Ltd, the then Local Government, Public Works and National Housing Minister Ignatius Chombo and Attorney-General Advocate Prince Machaya.
Dr Chiyangwa had previously refused to negotiate with the consortium, offering instead to engage directly with the beneficiaries of the stands in relation to compensation.
He threatened to evict stand holders who refused to subject themselves to Sensene.
Source - dailynews
