https://www.engineeringnews.co.za

Building Plan Approval Delays Causing Significant Concern For Property Sector

27th September 2013

By: Creamer Media Reporter

  

Font size: - +

This article has been supplied as a media statement and is not written by Creamer Media. It may be available only for a limited time on this website.

Sapoa  (0.04 MB)

The sudden stoppage of building plan approvals in the Nelson Mandela Bay municipality is causing serious concern in the commercial and industrial property sector, with the SA Property Owners’ Association quick to raise a red flag concern about the situation.
Building plan approvals at the metropolitan municipality came to a grinding halt some three weeks ago, largely due to shortages of technical staff in the building control department.
“The impact of these delays on SAPOA members is significant, and as an industry we are concerned about the increased financial risks of longer property development holding costs," says SAPOA CEO Neil Gopal.
SAPOA’s Port Elizabeth Regional Chairman Mark Bakker, decided to escalate the issue to SAPOA’s Head Office because of its urgency for members.

“The delay in approvals has a ripple effect for developers and investors,” explains Bakker.
“Without approved plans, financing cannot be secured and construction cannot commence.”
Although there are plans for two officials from the Architectural department to assist in the short-term, the delay is anticipated to continue for another two weeks.
The overall impact could be more than a month of delays in building approvals.
"For the local economy, there is an equally detrimental effect on the number of jobs created by construction projects,” adds Bakker.
The municipality plans to appoint a Plan Examiner as soon as possible, but no hard deadline has been set as yet.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

Showroom

Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 
Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.074 0.125s - 158pq - 2rq
Subscribe Now