800 house lots allocated for high-income earners at Herstelling

The Ministry of Housing on Monday continued its ‘One Stop Shop’ house lot allocation exercise, with 800 lots up for distribution for high-income earners at Herstelling, East Bank Demerara.

According to the Government Information Agency (GINA), the lots, valued at $1.2M to $2.5M, were for persons within the high-income range – $140,000 – $600,000 – since the land is located near to gated communities, the capital and the Guyana National Stadium at Providence.

Head of State Donald Ramotar addressing house-lot beneficiaries at the Guyana National Stadium, Providence (Government Information Agency photo)

Allottees, at the allocation exercise hosted at the Guyana National Stadium, were encouraged to start building and avoid repossession, which the ministry is imposing on landholders who have not started construction after several years.

President Donald Ramotar, who witnessed the exercise, encouraged the allottees to view the process as the first step toward owning their own 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,” GINA quoted him as saying.

More in Local News

Comments

About these comments

The comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit or delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity.

Get the day's headlines from SN in your inbox every morning:

Most Read This Week

  1. US-based Guyanese man charged with wife’s murder

  2. Guyana now ranked below Haiti

  3. Murder accused Bisram hires NY law firm

  4. Daughter says NY murder suspect had threatened before to kill wife

  5. Former teacher found not guilty of having sex with 15-year-old

  6. ‘We are in this for the long haul’

  7. NY police officer of Guyanese parentage shot dead

  8. Twenty-one deportees here from US

  9. Prince Harry arrives


Recommended For You