4,000 lots expected to be developed in the informal settlement upgrading programs

4,000 lots are expected to be developed in the informal settlement upgrading programs undertaken on 34 Development Leases at various sites across Fiji.

This is one of the matters that was discussed during the TLTB Board of Trustees meeting.

In a statement, the government says the provision of access to iTaukei land is a great contribution of landowners to the Government's Housing Policy now coordinated by the Ministry of Housing and Community Development.

It says the Government has been responsible for these developments through the preparation of scheme plans, engineering works and all capital work expenses.

Upon completion of these projects, individuals within these informal settlements will receive a 99-years cadastral title lease.

Landowners will also benefit from the projects through lease rentals at market rate and rent reassessment every 5 years until it reaches its expiry date.

As part of facilitating land availability for leasing based on various sectoral land demands, the Board also endorsed a total of 112 dereservation cases to enable residential, commercial, industrial, agriculture leases to be issued and finalized.