Radar Properties, the developer of Kings City Bulawayo, has won two awards from the International Property Awards.
These are Best Mixed-use Development and Best Development Marketing in Zimbabwe.
The firm was also nominated for a global award to be presented in London early next year, according to a statement released yesterday.
The international property awards identify the highest levels of achievement in real estate, development, architecture, interior design and marketing in both the residential and commercial sectors.
After several years of COVID-19-induced restrictions, the international property awards hosted the 2022-2023 leg in Jumeriah, Dubai.
“We are quite honoured to be recognised amongst the best and it speaks to the quality that we are pushing in terms of the development at Kings City. We wouldn’t have achieved this without the support of our development partners and our clients for who we are doing this for.” said Walter Zimunya, group finance director of Radar Holdings Limited.
He said in 2023, a further 900 stands would be released, with sizes ranging from 600- 1500 square metres.
The high development standards in Kings City remain a key driving factor in their value proposition and is the exact reason why the project has received global recognition and awards even at these early stages, he said.
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Kings City is a 2 100-hectare premium mixed-use housing project 8km outside of Bulawayo city centre.
The project will see up to 9 000 residential stands available to the market, augmented with up to 430 light industrial stands, several shopping centres, and 14 private schools, hospitals and other facilities. In addition, the company is currently selling a complement of up to 500 fully serviced low-density residential stands ranging in size from 2 000 to 4 000 square metres in the current phase.
Bulawayo is currently battling a housing backlog of 120 000 and Kings City’s plans seek to help in reducing the housing shortage in accordance with government’s economic blueprint, the National Development Strategy 1 (NDS 1).
‘The outlook is to continue to create a new standard for real estate in the country that matches international criteria and competes at the same level, which in turn assures investors and customers alike high property values and long term returns regardless of their reason for purchase,” Zimunya said.
He also appealed for support for land developers from the local and central government.
Radar Properties is a division of Radar Holding Limited which also owns Macdonald Bricks.
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