From land grabbers to developers: 4 friends help hundreds to own land

From land grabbers to developers: 4 friends help hundreds to own land

- Four friends were among land occupiers in the Eastern Cape

- They reached an understanding with a landowner to buy 17ha for R7million

- They devised a plan for hundreds of local residents to buy plots for as little as R40,000 each

PAY ATTENTION: Click "See first" under the "Following" tab to see Briefly News on your newsfeed!

Four friends in East London, Eastern Cape, have come up with a brilliant idea to help hundreds of local residents own land.

The friends, Buntu Nonkalela, Philasande Dotyeni, Themba Boqwana and Thando Wontoti, were among illegal land occupiers, Briefly.co.za learned.

The land they occupied belonged to Rob Pollock and his business partners. Rob reached an agreement with the friends to sell the 17ha parcel of land for R7million.

The four friends reached out to hundreds of local residents to buy land together. Source: Times Live

The four friends reached out to hundreds of local residents to buy land together. Source: Times Live

According to Times Live, the four realised they could get hundreds of local residents to buy 500m² plots for as little as R40,000 each.

This would enable local residents to own land affordably and plan towards building their own homes. At the same time, the plan would ultimately raise the R7million required.

READ ALSO: Cheating woman exposed on Twitter as her photos with 3 guys emerge

Rob Pollock agreed to the plan. Source: Times Live

Rob Pollock agreed to the plan. Source: Times Live

Around 200 residents have already purchased the plots and the money is being kept in a trust. The friends have named their venture Cove Rock New Development.

One of the beneficiaries is Sazi Bakumeni, whose income disqualifies him from applying for an RDP house but is not enough for a bond.

READ ALSO: Fikile Mbalula having the time of his life at the World Cup in Russia

He praised the idea and said:

I am dreaming of building my own house with my family. What these people have done is something we've been waiting for. Many of my colleagues have bought plots here as well.

One of the friends, Buntu, added:

People love what we are doing ... We will be happy, though, once the first house has been built.

Watch this "Top 5 Miracles by African Pastors" video below from our Briefly - South Africa YouTube channel.

Do you have a story to share with us? Inbox us on our Facebook page and we could feature your story.

To stay up to date with the latest news, download our news app on Google Play or iTunes today.

Source: Briefly.co.za

Related news
Young man plays knight in shining armour for 3 damsels in distress

Young man plays knight in shining armour for 3 damsels in distress

Young man plays knight in shining armour for 3 damsels in distress
Briefly.co.za
Mailfire view pixel