Georgetown : The Ministry of Housing under the one stop shop issued 800 house lots at Herstelling, East Bank Demerara.
The allocation of lots valued at $1.2M to $2.5M targeted persons with high income ranges from $140,000-$600,000 given the area’s location to gated communities, the capital and the Guyana National Stadium at Providence.
Applicants were encouraged not to procrastinate, but build expeditiously and avoid the penalty of repossession which is being imposed by the Ministry of Housing for landholders who for years have not begun construction.
President Donald Ramotar who witnessed the exercise at the Guyana National Stadium, spoke with understanding, about the appreciation of having to own a home for the first time, especially for those who endure the burdens of living in rented apartments or homes.
“Having a home of your own provides an enormous amount of feeling of security and a feeling of contentment and a more settled mind, and it gives our people dignity too,” President Ramotar said.
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