SOUTH AFRICA: Land restitution in Gauteng has been bedevilled by setbacks including exorbitant prices demanded by land owners, a provincial government official said today.
Gauteng rural development and land reform chief director Rachel Masango told reporters in Pretoria the ‘asking value’ was often much higher than the appropriate value of the land.
The valuation (done by independent evaluators) is very different from the asking price (land owner’s price) so it shows that the properties are being overcapitalised or the land owners just ask for exorbitant prices because it is the government buying, said Masango.
The evaluation on behalf of government was outsourced to entities registered by regulatory bodies of property valuers.
She said family disputes were also destabilising the efforts to re-allocate land.
Masango said sometimes they cannot complete their research due to family disputes.