Human Settlements homes in on title deeds backlog

2nd June 2017

By: Anine Kilian

Contributing Editor Online

     

Font size: - +

The Department of Human Settlements has a budget of R33.4-billion available for the 2017/18 financial year.

“Of this, R873-million is directed towards initiatives and the administration of the department, while R19.9-billion will be transferred to provinces,” Human Settlements Minister Lindiwe Sisulu said during her Budget Vote presentation.

She added that R11.4-billion would be transferred to the eight metropolitan municipalities in the form of an urban settlements development grant and that transfers to departmental entities and related parties would total R1.2-billion.

Government planned to roll out 46 catalytic projects across all nine provinces.

“Clearing the backlog of title deeds is another priority that government will focus on this year. This has become critical because the longer it takes to deal with this, the more difficult it becomes.”

She pointed out that a study found that, of the six-million registered residential properties in the deeds registry, 1.44-million were government-subsidised houses, representing just fewer than a quarter of registered residential properties.

“It could increase to 35% if the backlog in issuing title deeds is not overcome.”

Sisulu said a Ministerial task team had been appointed to address the backlog.

A team of conveyancers, who are part of this task team, have also been appointed and have been assigned to all nine provinces to assist with the elimination of the title deeds backlog.

“A critical element in this project is the communication and consumer awareness-raising component that will set out both the benefits and risks attached to title deeds,” she said.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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