Elisenheim reaches significant milestone
Elisenheim reaches significant milestone

Elisenheim reaches significant milestone

NAMIBIA?S largest private residential development, Elisenheim Estate, has this week reached a significant milestone on its road to completion when the Minister of Regional and Local Government, Housing and Rural Development, Mr Jerry Ekandjo, officially proclaimed this mammoth building project as a township.

This proclamation was the first step for developers EPDC (Elisenheim Property Development Company) to sink its foundations for the establishment of this billion dollar project and take up the goahead to commence building.

This announcement was made official in the latest Government Gazette of 1 December, 2011 where the Ministry declared Phase 1 of Elisenheim Estate an approved township, under section 13 of the Townships and Division of Land Ordinance Act.

The Ministry has also waived any betterment fees for the project, which has been financed in its entirety to the tune of N$145 million, for phase 1 by EPDC.

A further breakthrough for the EPDC this week was attaining the green light from the City of Windhoek, who has agreed to an inspection of the current status quo of completed services on site, with the view to an official take-over after signing the long awaited MOA (Memorandum of Agreement) document.

Nathan Kashweka (City of Windhoek Special Projects Manager) confirmed on Monday that representatives of the City?s technical departments will be heading out to Elisenheim for what he termed as a ?sectional take-over of the bulk and internal services?.

This three-day procedure will require a routine check on site, to establish that all the services including water, sewer, electrical, roads and storm water, meet the requirements laid down by the Municipality, who will ultimately take over the services.

The enormous water reservoir which is in its final stages will fall into the second section for takeover during early 2012.

?The primary purpose of this inspection is to ensure that the infrastructure is completed and developed according to the City of Windhoek?s standards, which will entitle the developers to go ahead with the transfer of erven and building of houses,? said Kashweka.

He also stated that the MOA which is expected to be signed by both parties any day now, will cement the on-going relationship between EPDC and the City, who have joined forces for the future upkeep and maintenance of the Elisenheim Estate.

?This is quite a big deal and a big responsibility for the City who will ultimately have to grow their technical departments and increase their manpower as Elisenheim develops into its full potential.?

Meanwhile building plans for the first 150 houses are being feverishly drawn up by a team of architects / draftsmen at EPDC?s head office, to meet the requirements of the 31 standard house types that will make up the residential section of the Elisenheim Estate. This excludes the special designs that are being drafted for the more challenging erven, with already 40 plans being submitted to the City of Windhoek before the end of 2011.

Currently the entire network of seven kilometres of roads has been surfaced, streetlamps are up, the last of the on-street parking and road paving are being laid, and final preparations are in place for the building of the soon to be houses, before workers down tools on 16 December.

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LaLiga: Deportivo Alaves 1 vs 0 Getafe | Real Sociedad 1 vs 0 Valencia | Almería 0 vs 2 Barcelona | Las Palmas 2 vs 2 Real Betis SerieA: Torino 3 vs 1 AC Milan | Lecce 0 vs 2 Atalanta | Fiorentina 2 vs 2 Napoli European Championships Qualifying: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City English Championship: Southampton 3 vs 1 West Bromwich Albion | Leeds United 4 vs 0 Norwich City Katima Mulilo: 11° | 31° Rundu: 9° | 30° Eenhana: 11° | 31° Oshakati: 12° | 31° Ruacana: 12° | 31° Tsumeb: 13° | 29° Otjiwarongo: 12° | 27° Omaruru: 14° | 29° Windhoek: 12° | 26° Gobabis: 13° | 27° Henties Bay: 20° | 36° Wind speed: 27km/h, Wind direction: E, Low tide: 07:06, High tide: 13:28, Low Tide: 19:06, High tide: 01:31 Swakopmund: 20° | 26° Wind speed: 25km/h, Wind direction: S, Low tide: 07:04, High tide: 13:26, Low Tide: 19:04, High tide: 01:29 Walvis Bay: 22° | 33° Wind speed: 25km/h, Wind direction: SE, Low tide: 07:04, High tide: 13:25, Low Tide: 19:04, High tide: 01:28 Rehoboth: 12° | 27° Mariental: 15° | 29° Keetmanshoop: 18° | 30° Aranos: 15° | 29° Lüderitz: 16° | 35° Ariamsvlei: 18° | 32° Oranjemund: 13° | 33° Luanda: 24° | 26° Gaborone: 14° | 27° Lubumbashi: 11° | 26° Mbabane: 12° | 25° Maseru: 8° | 24° Antananarivo: 15° | 22° Lilongwe: 13° | 26° Maputo: 20° | 27° Windhoek: 12° | 26° Cape Town: 14° | 21° Durban: 17° | 28° Johannesburg: 15° | 24° Dar es Salaam: 24° | 32° Lusaka: 13° | 25° Harare: 12° | 26° Currency: GBP to NAD 23.01 | EUR to NAD 19.73 | CNY to NAD 2.51 | USD to NAD 18.15 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.7 | ZWL to NAD 0.04 | BRL to NAD 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 134.35 | USD to AOA 847.42 | USD to BWP 13.49 | USD to EGP 46.86 | USD to KES 130.48 | USD to NGN 1467 | USD to ZAR 18.15 | USD to ZMW 25.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 79530.63 Up +0.03% | Namibian Stock Exchange (NSX) Overall Index 1754.58 Up +0.81% | Casablanca Stock Exchange (CSE) MASI 13426.13 Up +0.11% | Egyptian Exchange (EGX) 30 Index 26142.84 Up +3.27% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - 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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 414.72/OZ UP +1.55% | Copper US$ 5.04/lb UP +4.12% | Zinc US$ 3 059.30/T UP 0.11% | Brent Crude Oil US$ 84.28/BBP UP +0.60% | Platinum US$ 1 084.88/OZ UP +2.19%