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Ekurhuleni Metropolitan Municipality have commenced with valuating properties

Municipal evaluators in the Ekurhuleni Metropolitan Municipality have commenced with the work of valuating properties in order to inform the new Valuation Roll as the current one expires next year in June.

A General Valuation roll process is the valuation of all properties in the municipality to generate rates on an impartial basis.
The valuation capturing process has begun in earnest following the data collection process that started in November last year. In Ekurhuleni the date of valuation at which all property values is fixed is July 1, 2012.

Metro’s spokesperson Sam Modiba said that, the values must reflect the market value of the properties in accordance with the market conditions which applied at this date 1 July 2012.  The 2013 valuation roll must be handed in by the appointed Municipal Valuer to the Municipal Manager by 1 February 2013. The roll will be valid from 1 July 2013 to 30 June 2017.
General valuation of all properties is in compliance with the Municipality Property Rates Act (http://bit.ly/PQgrwG), which requires that a valuation roll of properties be compiled in terms of the market conditions which applied on 1 July 2012.

Several types of properties in the municipality – residential, sectional title, non-residential and agriculture is each valued on different basis, although they all relate to the market value.  Residential property (including sectional titles) is valued on a comparable sales method.  Most commercial property, including retail, offices, warehousing are valued on an income basis, but as for institutional properties such as schools, hospitals and clinics are valued on a cost basis.

Residents will know the outcomes of the valuation process between February and March 2013.  The valuation will be published and open for inspection also during the period of February and March 2013.  The roll will be published in the municipal website, at libraries and customer care areas and letters will be sent to all property informing them of the results.
Modiba indicates that in cases where property values have declined, the process does take that into account.

“When valuing the properties, the Municipal Valuer establishes the market conditions, and this is based on recent sales activity in the various areas and sectors. Therefore, this will take into consideration areas where values have declined or remained stagnant due to the current state of the economy. Market conditions as on 1 July 2012 will form the basis of valuation,” he concluded.

Data collectors will always have their identity cards with them  and also have a letter of delegation authorized by the City Manager. Where possible, data collectors will be travelling in a company branded vehicle.

To verify the identity of data capturers please contact the following numbers:
011 999 4383 / 3504 / 3575 /3561 / 3580



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