Sunday News (Zimbabwe)

ZB launches Plumtree housing project

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Financial services group, ZB Financial Holdings Limited (ZBFH) is set to build 708 houses in the border town of Plumtree.

The housing project is aimed at providing affordable housing to residents, with 366 houses earmarked for the high-density and 342 houses set for the medium density. The company has already secured land for the project.

The financial services group is working on a “Go big” venture and wants to play a major key role in infrastruc­ture developmen­t, providing affordable housing solutions in the country.

Speaking during the launch of the project on Friday, Miss Nomathabil­e Dube, speaking on behalf of the company, said prospectiv­e home owners would be given mortgage finance.

“The mortgage is accessible for first time home owners. Repayment terms are up to 25 years subject to terms and conditions. We have set up a mortgage desk which is specifical­ly meant for your mortgage requiremen­ts,” said Miss Dube.

ZBFH has partnered with local authoritie­s to fund housing developmen­t in different towns.

“The partnershi­p with Plumtree emerged from the relationsh­ip we have had with the area which has been banking with us for decades. Therefore this housing project will result in houses being constructe­d for low income earners,” she said.

@PreciousMa­phos7

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