Demystifying Township Establishment #4

Written By: Charlotte van der Merwe

February 17, 2022

Considerations for the submission of a succesful township establishment application

Property development is becoming increasingly more popular and competitive, making the profit margins thinner. Property developers have to be smarter. The following points will help you in making informed property development decisions:

Property development is becoming increasingly more popular and competitive, making the profit margins thinner. Property developers have to be smarter. The following points will help you in making informed property development decisions:

  • The costs of feasibility studies, project development, professional fees, application, public participation processes, and other services, among other things.
  • The length of the application procedure and the issues that may prevent your application from being approved.
  • The type of development you’re thinking of, such as a residential development, for example.
  • The property’s available resources.
  • Characteristics of the property.
  • Potential impact of the development on not only the environment but also on the road network and basic services such as water and electricity. 

You May Also Like…