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Monday, May 27, 2024
HomeNewsMangudya Hails Homelink Housing Project

Mangudya Hails Homelink Housing Project

Reserve Bank of Zimbabwe Governor, Dr John Mangudya has hailed the USD$8million housing project by Homelink, which he said will offer affordable and better accommodation to the low and middle income earning families.

Addressing guests in Bindura at the Homelink groundbreaking ceremony, Mangudya noted the good gesture by Homelink and urged the company to speed up the completion of the housing project.

“Housing is important and it is supposed to be of good quality and affordable, through building and construction Zimbabwe will sure be open for business,

“The banking sector has also done well in terms of construction, there has been an increase in the number of houses built, in 2016-1531, 2017-7500 and this year 12 000 units are expected to be constructed,

“This is the second phase of the housing project for Homelink, the first was one in Tynwald were 3000 units were built,” said Mangudya.

Homelink is working on a medium density suburb. housing project in Bindura, a suburb called Brockdale.

This is their second housing project following one that was done in Tynwald, Harare.

Speaking at the same event, Homelink Chairperson Happymore Mapara said the ceremony marked the first of many housing projects to come from Homelink.

The organisation has already secured land in Harare and Bulawayo.

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“This first groundbreaking ceremony marks the first steps of the toddler who understands that in order to walk without falling, you need to lean against the cupboard,

“The Brockdale groundbreaking ceremony marks the commencement of our housing development projects which target to spread across the country. It is the Boards intention to have at least two more of these, before year-end,

“We have already secured and procured land in Harare and Bulawayo, we are currently working on Mutare, Masvingo, Gweru and Chinhoyi. Concurrently, we are running with second and third-tier cities/towns,” said Mapara.

Brockdale will deliver 329 housing units on varying stand sizes between 200 and 300 square meters. The built-up houses will have two bedrooms, a kitchen, dining room, toilet and combined bathroom.

 

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