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Over-valued properties will be revised

Eight thousand property owners will be receiving Section 78 Notices for properties that appear to be over-valued .


The Johannesburg Executive Mayor, councillor Herman Mashaba is intervening on behalf of property owners with over-valued properties.

Eight thousand property owners will soon be receiving Section 78 Notices for properties that appear to have been over-valued by the Independent Municipal Valuer.

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The notices will also make provision for a 30-day period during which property owners can provide relevant information to be taken into further account during the review process. These properties will be placed on the Supplementary Valuation Roll.

Mashaba also indicated that to date the City has received 4 000 objections to the valuation roll. Through engagements between the City and the Independent Municipal Valuer, the City will begin handing over these objections to the Municipal Valuer without waiting for the 6 April deadline for objections. This will result in the City beginning work on these objections immediately, and being able to issue revised valuations to property owners without delay.

“As a resident and business owner in the City for over two decades, I understand the burden that property valuations can place on families and businesses.”

Mashaba thanked residents for their patience and committed the City to working tirelessly to achieve a fair outcome.

Do you perhaps have more information pertaining to this story? Email us at roodepoortrecord@caxton.co.za (remember to include your contact details) or phone us on 011 955 1130.

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