Real Estate Investor Magazine South Africa March 2013 | Page 50

DEVELOPMENTS BY JONATHAN SMITH Town Planning And Environmental Surveys In new developments R eaders of Real Estate Investor Magazine will recall that in last month’s edition, I described the process to be followed in developing new commercial properties. A c r it ic a l consider at ion i n prop er t y development is the tow n planning and environmental survey process that is necessary to most extensive property developments. There are numerous (town planning and environmental) application processes which must run simultaneously (to save time and costs). Prior to commencing these costly applications, however, it is prudent to perform a preliminary analysis or feasibility of your proposed development. During the preliminary investigation into whether the establishment of a township is possible and feasible, the property developer establishes whether: • There are any legal impediments within the title deeds that may restrict any part of the proposed development. • The proposed development complies with the uses of land contained in the existing town planning scheme or the spatial development plan of the relevant local authority • The current zoning of the subject land parcel permits the proposed development or has to be materially amended • There are any land claims upon the subject land parcel • There may be any geotechnical, mining or 48 March 2013 SA Real Estate Investor soil related impediments to construction upon the subject land parcel • T h e r e m a y b e a n y e n v i r o n m e n t a l impediments to construction upon the subject land parcel • There may be any community objections to the development of and construction upon the subject land parcel • The local authority in whose area the land is situated or will be incorporated is able to provide essential services such as electricity, water, storm ?]\?[??]?\?Y?B??(?H[?H?\X?][???\YH??]B??\]Z\?[Y[???H?[]?[???[??X[??Y?\\?Y[???(?H[?H?\X?][???\YH??]B??\]Z\?[Y[???H?[]?[??][?[ ??[??X[?[???[Y?\?][?\?Z[?[??????\[????\?H]?[?Y[???(?H[?\?\X?][?YY]?[??\??Y[?[??????\]Z\?[Y[?¸?(?HH????Y]?[?Y[?\????YB??[?[??X[H?XX?K????H[?H]?H\???YY8?$?[?\??Y8?$?B??[[Z[?\?H[??\?Y?][?]X^H?H?X\?X?H?][??H?\?[?\??[][[?[?\???[??[??[?[??\??Y[?[\X?][??[??\???Z[??H?X?\??\?H??[[???[??X[???[????[?\?]?[?Y[? ??H?\???\?H]?H?[???Y\?\?B?[??\??Y[?[[\X?\??\??Y[? ?????]Y??X?H\??H?H[??Y?[??Y??]?Y?\?]]?H?????[??\?X???[??H??Y[?H[\X???H[?Y[??B?[?\??][?[??\\?\????HH\X??H?HH?H??\?B?]?[?Y[?]\??H?\?X\??Y[??\?Y?\??H?[]?[?[??\??Y[???X?[??[?????[????Y\??Y??H[?H??\?B?]?[?Y[??????X?[?\?\?Z]Y ?[?\??H?YY???X?[?[\X??YH\?^?\?Y?H?X??[]?[???Y\??H?\?X\???\?[??H[?X?\]Y?[\X?\?H[??\??Y[??H????Y???\?H]?[?Y[?8?$??]\?]?HH?]?????Y]?[?Y[??H????YX]\?X[?[\?][??[?^\?[???Z[[??8?$?\?\?YY[??[??\??Y[?[[\X?\??\??Y[? ??H????[?????Y\?][????HB???\?[??[???[??[?[??\??Y[?[?[\X?\??\??Y[? ?Y?\??Y?[??? \?[???&RPx?&K?X?\?H?H?[\?H?[??N???(?HH??X??X????[?[???X?]?\?\?[\?H???K\???H[???X?\?H?B??\?[[??\???(?HH\?X?[\??\[??H????Y?]?[?Y[?\??[\?H\??\[??B?????Y]?[?Y[?8?&\?[??\??Y[? ???X[ ?X???ZX?[?[??]][?[?][?? [??Y[???Y?[?[[???[X\??[?\?X?[?][??[?????[?YX???ZX??][??B??(?HH\?[X]Y?[][?]?[??B?]?[?Y[? ?]\?\?X[?[??[\?\?B???˜?Z[XY????B??