Minister warns estate developers<\/p>\n
JAKARTA (JP): Minister of Public Housing Akbar Tanjung has
\nwarned real estate developers who have been delaying the
\nconstruction of their projects to start building immediately.<\/p>\n
\"The government hopes those developers will start building
\nhouses for people because we have issued the location permits for
\nthem to build on 30,000 hectares of land in the greater Jakarta
\narea,\" Tanjung said yesterday, in the inauguration ceremony of
\nCitra Grand City housing complex.<\/p>\n
Tanjung said if all developers build houses on the land it
\ncould meet the increasing demand for houses in the greater
\nJakarta area.<\/p>\n
\"The government will not hesitate to review the land permit of
\ndevelopers who delay their projects,\" Tanjung said.<\/p>\n
The minister refused to reveal the number of developers which
\nreportedly have been delaying their projects.<\/p>\n
Tanjung said the government might be more selective in issuing
\nsuch permits in the future.<\/p>\n
\"The government will also closely control the implementation
\nof housing regulations,\" he said, adding that the Indonesian Real
\nEstate Association should remind its members to obey the
\nregulations.<\/p>\n
Tanjung urged real estate developers to obey the regulations
\nin providing land for public facilities and to fulfill their
\npromises to their buyers.<\/p>\n
\"Developers often break their promises, and eventually buyers
\nare disappointed because they do not get the facilities
\npromised,\" Tanjung said.<\/p>\n
He explained the main reason why the government issued the
\nregulations which require developers to build various types of
\nhouses is to provide houses for all people.<\/p>\n
\"The 1:3:6 composition is made because people's buying power
\nis so varied,\" Tanjung said referring to the concept in which
\ndevelopers should build six low-cost houses and three modest
\nhouses for every luxurious house they plan to build.<\/p>\n
Citra Grand City, the sixth project of PT Citraland Estate,
\nowned by real estate tycoon Ciputra, is a pilot project which
\nwill introduce a \"city of the arts\" concept.<\/p>\n
When completed there will be various artistic items such as
\nstatues and paintings installed in the housing complex. The
\nstreets in the complex will be named after internationally
\nacclaimed artists including painters, sculptors, singers and
\nmovie stars. An art gallery will be also built in the
\ncomplex.(yns)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/minister-warns-estate-developers-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
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