Johannesburg - The City of Johannesburg has denied inflating rates in the valuation of properties.
Spokesperson Gabu Tugwana said on Friday valuation was not
determined by a certain percentage but by reviews, taking into account
market sales data.
"The valuation rates are based on the market sales
value from the last date (2008) of valuation up to the current date of
valuation," Tugwana said.
On Thursday, the Democratic Alliance accused the municipality of inflating the valuations rates.
"The sting, a painful one indeed, is that the
valuations department now has not just inflated, but hyper-inflated
property values... from 2008 to levels which bear not the least (relation) to current market values," said DA spokesperson John Mendelsohn.
He said some properties had lost value, and people should not pay more than they are supposed to.
Tugwana said the objections to the valuations were
often two-way. Some property owners objected to being under-valued and
others object to over-valuation.
He said residents were more than welcome to bring their
queries, backed by evidence, and the city had made an option for some
to come in even on Saturdays.
"We undertake to investigate and consider each case
individually and invite clients to visit our valuation department, on
the 4th floor of the Metropolitan Centre (in Braamfontein)."