SUNBIZ

Housing Authority makes Owning a Home a step closer for Customers

Forty seven first-time home owners whose housing loan packages valued at $4.8million are a step closer to building and owning their homes. This is following the approval of their applications
31 Aug 2014 07:35

Forty seven first-time home owners whose housing loan packages valued at $4.8million are a step closer to building and owning their homes.

This is following the approval of their applications by Housing Authority of Fiji as of close of business on past Wednesday.

The 47 applications are for the authority’s Tacirua East Subdivision Phase 3A, which started selling as a land and house package last month.

Acting Chief Executive Officer, Jagdish Prasad said the recent completion of Phase 3A significantly contributed to the spark in interest from the authority’s target market.

“Our phase 3A was recently completed and we started contacting our customers last month who had registered their interest for Tacirua to bring in the required documents. This is the result and we are pleased,” Mr Prasad said.

Meanwhile Phase 1A at Tacirua is now on sale with 459 lots as well as the first 100 lots from the Authority’s Wainibuku Subdivision.

“We have also started calling customers who are eligible for the lots at Phase 1A.

“So we expect a boost in the construction industry when building of homes for our customers begins very shortly.

“This is indeed exciting times for housing authority as we strive to provide accessible and adequate housing as stated in the 2013 Constitution.”

The acting chief executive said with the authority’s target market of those whose joint household income of $50,000 annual salary and below.

The first preference would be to customers or first-time home owners who would be registered in the database

“Housing Authority has now changed its focus and is now operating as a one-stop shop where we are providing free house plans and introducing as an option.A panel of contractors to our customers offers 21 house designs, however it’s up to our customers to choose,” he said.

The company has called for Expressions of Interest to building contractors to construct homes using the Authority’s 21 design house plans for its Tacirua and Wainibuku Subdivisions.

Another enticement is the VAT refund that customers will be able to claim to Fiji Revenue Customs Authority after their homes are built with a maximum claimable amount of $15,562 for a land and house package of up to $120,000.

Source: HOUSING AUTHORITY

Feedback:   rachnal@fijisun.com.fj




Fijisun E-edition
Advertise with fijisun
Subscribe-to-Newspaper
Fiji Sun Instagram
Fiji Plus
Subscribe-to-Newspaper
error: