50,000 flats are planned in Pretoria East
The Mooikloof Mega City project to the east of Pretoria may end up being the world’s biggest sectional property development.
Some 50,000 apartments are being planned, and government is fast-tracking approvals so construction can start as soon as possible.
Prices range from R499,000 to R799,000.
A new project east of Pretoria could include 50,000 apartments – and it’s being fast-tracked by government to start construction soon.
At the end of July, the Mooikloof Mega City was included in 51 infrastructure projects that have been declared strategically important as per government gazette, which means that the necessary approvals (including municipal rezoning and water rights) must be sped up, to ensure that work starts within the next month.
Read the full story on: Business Insider.