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Tuesday, 29 July 2014

BUDIRIRO - DESPITE RECENT SKIRMISHES WITH THE POLICE IT REMAINS A GOOD PLACE FOR PROPERTY INVESTING

HOLY WAR ! - courtesy of The Zimbabwe Mail 
 Indeed, Budiriro has dominated  the headlines for wrong reasons in recent weeks and the latest being the attack on the police by members of the Johani  Masowe  WeChishanu  Apostolic sect.  But for landlords this never was a source of headache because their  property values remained at a maximum of +- $45 000.00 a price that was before the infamous jihad – holy war. The property market is not easily susceptible to negative publicity as other markets like that of stock. So Budiriro remains a very good place to invest money and has the following  notable real estate attributes.

VALUE  APPRECIATION
For an investment to appreciate in value there should be a value to appreciate in the first place. This  is were concepts like value addition and creation comes into play. A piece of real estate is value added through such elements like installation of water and sewer systems;  paving of roads; social amenities etc. Furthermore,  these elements should be installed in a way that is in line with standard practice not the half hearted approach that we witness  in some places. The point therefore is a lot of special effort  should be expended by developers and investors in order to create value in real estate.  In Budiriro the developers then,  made these special efforts and they created value in the suburb. Leveraging upon better economic times in the early 90s developers installed quality land development elements and social infrastructure. Despite the economic subsidence of the new millennium  Budiriro’s town planning is still fetching good market values and  is foundation for value appreciation.

Thursday, 24 July 2014

IF YOU ARE ELECTED MAYOR OF HARARE WHAT WOULD YOU DO TO REVIVE THE SUNSHINE STATUS ? HERE IS WHAT I WILL DO MYSELF !

                                       PUT  THE NEEDS OF RESIDENTS AHEAD OF ANYTHING ELSE







The best way to describe Harare Municipality is that its a service provide like Telecel, ZESA etc and being as such satisfying the needs of residents is critical to its existence. A mayor or municipality that loses sight of this fact would have lost it completely ! A resident means income directly as rates payments or indirectly. Indirectly income is in the sense that as residents move from point A to B they are human traffic to advertisers,  when they use public facilities they are charged fees etc. So these residents being as important as we can see if however they develop a perception that despite the endless charges the municipality isn't matching these charges to  quality service delivery its finances will suffer greatly.




GIVE INSTEAD OF TAKING


Offices of a public nature are of trust into which accomplished citizens are elected and presented the opportunity to plough back to the community. Indeed, such offices are not for job seekers or opportunists who are motivated more by a subsistence mentality than competence . But they are men or women of morals who do not use things like employment packs as pretext to loot meager public resources meant to uplift lives of the poor in Mbare, Epworth, Budiriro, Dzivarasekwa and other high density areas.


Wednesday, 2 July 2014

SHRINKING OF THE ECONOMY AND THOUGHTS ON HOW TO REJUVENATE ESTATE AGENCY SALES IN ZIMBABWE




If property sales are low, they can be increased through expanding the addressable market

The Zimbabwean economy is shrinking and businesses are suffering with it. Estate agents are not spared the pain as industry players can testify that regular sales are now difficult to come by. Over  the years millions of talented entrepreneurs and professionals have chosen to leave the homeland for South Africa, Europe, America or some perceived greener pasture as a solution. But terrible catastrophes in the hosts like terrorist attacks on the twin towers (USA), Marikana killings (SA),  2008 financial crisis (entire western world) in the host countries have shown everyone that no place is a paradise and that all countries have their own problems that differ from each other only in timing, size and cause. If you think that problems the property market (and business in general) in Zimbabwe have are insurmountable what would a person in northern Nigeria say in the face of Boko Haram that kills at will.