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NSSA warns public against unauthorized land sales in Glaudina
17 hrs ago |
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The National Social Security Authority (NSSA) has issued a public warning against purchasing residential stands in Glaudina from unauthorized agents, citing growing concerns over fraudulent land sales in the area.
In a statement, NSSA said it remains the lawful owner of land in Glaudina Phase 1 and Phase 2 and clarified that the National Building Society (NBS) is the only entity authorised to sell NSSA-owned residential stands in the development.
"The public is strongly warned against purchasing or engaging with any individuals or entities claiming to sell stands in the Glaudina area without proper authorisation. Such transactions may be fraudulent and may result in financial loss," NSSA said.
The authority stressed that neither NSSA nor NBS would accept responsibility for losses incurred by individuals who purchase stands through unauthorised channels.
The warning comes amid reports that some individuals and organisations have been marketing and selling stands in the area without the consent or authority of the landowner.
NSSA revealed that legal proceedings have already been initiated against some of the agents allegedly involved in the illegal sale of land in Glaudina.
While the authority did not disclose the identities of those facing legal action, it indicated that measures were being taken to protect members of the public and preserve the integrity of the housing development.
The authority urged prospective homebuyers and investors to exercise caution and conduct thorough verification before entering into any property transaction.
NSSA advised members of the public to confirm all stand sales directly through the National Building Society before making payments or signing agreements.
The warning comes at a time when demand for residential land continues to rise, particularly in areas surrounding Harare, creating opportunities for land fraudsters to exploit unsuspecting buyers.
Property experts have repeatedly cautioned prospective homeowners to verify ownership documents, development approvals and seller credentials before committing funds to any land purchase.
NSSA said verification through official channels remains the most effective way to avoid falling victim to fraudulent land deals.
The authority encouraged anyone seeking to purchase stands in Glaudina to contact NBS directly to confirm the legitimacy of any offer before proceeding with a transaction.
The latest warning highlights the continuing challenge of illegal land sales in Zimbabwe's property sector and underscores the importance of due diligence in all real estate transactions.
In a statement, NSSA said it remains the lawful owner of land in Glaudina Phase 1 and Phase 2 and clarified that the National Building Society (NBS) is the only entity authorised to sell NSSA-owned residential stands in the development.
"The public is strongly warned against purchasing or engaging with any individuals or entities claiming to sell stands in the Glaudina area without proper authorisation. Such transactions may be fraudulent and may result in financial loss," NSSA said.
The authority stressed that neither NSSA nor NBS would accept responsibility for losses incurred by individuals who purchase stands through unauthorised channels.
The warning comes amid reports that some individuals and organisations have been marketing and selling stands in the area without the consent or authority of the landowner.
NSSA revealed that legal proceedings have already been initiated against some of the agents allegedly involved in the illegal sale of land in Glaudina.
While the authority did not disclose the identities of those facing legal action, it indicated that measures were being taken to protect members of the public and preserve the integrity of the housing development.
The authority urged prospective homebuyers and investors to exercise caution and conduct thorough verification before entering into any property transaction.
NSSA advised members of the public to confirm all stand sales directly through the National Building Society before making payments or signing agreements.
The warning comes at a time when demand for residential land continues to rise, particularly in areas surrounding Harare, creating opportunities for land fraudsters to exploit unsuspecting buyers.
Property experts have repeatedly cautioned prospective homeowners to verify ownership documents, development approvals and seller credentials before committing funds to any land purchase.
NSSA said verification through official channels remains the most effective way to avoid falling victim to fraudulent land deals.
The authority encouraged anyone seeking to purchase stands in Glaudina to contact NBS directly to confirm the legitimacy of any offer before proceeding with a transaction.
The latest warning highlights the continuing challenge of illegal land sales in Zimbabwe's property sector and underscores the importance of due diligence in all real estate transactions.
Source - NewZiana
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