The Zimbabwe Housing Project Trust (ZHPT) has serviced 497 stands in the Upper Rangemore suburb of Bulawayo in a move that will alleviate acute shortage of accommodation.
ZHPT Upper Rangemore phase one project manager Tendai Chakura said the stands would be pegged this Saturday.
“The Upper Rangemore project started in May last year and out of the 497 stands we have serviced in the suburb, 397 have already been taken and 100 are yet to get takers,” he said.
“On Saturday we will begin pegging the stands and in a week’s time all beneficiaries will be able to occupy their stands.”
Chakura said the Upper Rangemore phase one project was a pay-for-your-stand scheme where beneficiaries make monthly payments for 36 months after which they legally possess the properties.
Bulawayo has a housing backlog of 100 000.
Chakura said some of the stands were earmarked for the National University of Science and Technology and Teachers’ Union of Zimbabwe.