The Central Housing and Planning Authority (CH&PA) will move to repossess lands sold by the previous government to private developers if they continue to fail to deliver on promised infrastructural works and housing development.
This is according to Minister of Communities Ronald Bulkan, who spoke on the issue at a Senior Staff conference held at Pegasus last week Friday.
Bulkan explained that central government is seriously concerned that developers seem unable to live up to the commitments they made as part of the agreement of sale for hundreds of acres of prime lands.
“It is clear that the commitments that were given by a number of those private developers to develop new housing areas and the allocations that they would have received, that there is very little progress to show in those areas,” Bulkan said.
He further explained that repossession will only be pursued if discussions with developers, which are ongoing, prove that they lack the ability to fulfil their responsibilities.
“The advice of the Attorney-General has been sought to see what efforts towards repossessing of a number of those areas may be necessary if continued engagement with those developers does not suggest their ability to complete the infrastructural works and the housing units that they had committed to under the agreement of sale,” the minister noted.