Buying Pocedure

Married applicants

  • A certified passport copy of the applicant and that of spouse
  • A certified copy of marriage certificate
  • Certified copies of pay slips (in the case whereby both are earning a monthly salary) or
  • Three (3) months bank statement for self-employed applicant/s
  • Registration fee (the amount differ according to the location of the project)

Single applicants

  • A certified passport copy of the applicant
  • Letter written by parents/guardian showing the applicant is single, such should bear a chief’s stamp to authenticate it.
  • Certified copy of payslip (in the case whereby applicant is earning a monthly salary) or
  • Three (3) months bank statement for a self employed applicant
  • Registration fee (the amount differ according to the location of the project)

One pays registration fee (ranges from M150.00 – M200.00) and signs a registration of  interest form. The plot price is paid as follows:

  • An upfront payment of the total amount owing to the plot or
  • Pay thirty (30%) deposit of plot price within thirty (30) days of signing the registration of interest and sign the Contract
  • Pay up the balance within the next 5 months, thus treated as cash and attracts no interest.
  • The remaining balance after the deposit is paid can be paid within twelve months. However this method of payment attracts an annual interest rate of 18%. (please note that interest is charged on the amount that remained after the initial deposit was paid)

Voluntary Withdrawal

  • Customers should note that 20% of plot price is charged as administration fee on withdrawals
  • A further 18% interest is charged for the period the plot was in the hands of the customer.
  • A balance after the deductions above will be paid into customer’s bank account (this is in the case whereby there is anything to refund).
  • In the case whereby full amount of the plot price is paid then such a customer cannot withdraw from the project.

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