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Property valuation roll up for inspection Print E-mail
20 February 2013

 gvr2

The City of Johannesburg has unveiled the second general property valuation roll that will allow the city to generate rates on an equal and fair basis for the next four years.
 
The General Valuation Roll 2013 (GV2013) has been approved by the city, which means the roll is officially open for public inspection and objections from 20 February to 3 May 2013. The roll, which consists of 812 769 properties, has a total value of R912 billion. All the properties are valued at a market rate to ensure fairness. 
 
Speaking at the Midrand Conference Centre, where the roll was unveiled, Member of the Mayoral Committee for Finance Geoffrey Makhubo emphasised that the city would not entertain late objections as property owners would have been given 73 days to submit their objections.
 
“We would like to encourage all property owners to visit the city’s website www.joburg.org.za as well as the inspection venues to check the valuation of their properties,” MMC Makhubo said.
 
The GV2013 has a valuation date of July 2012, which means the properties are valued to reflect the market conditions at that date and property rates based on the GV2013 valuations will be billed from July 1 2013.
 
Municipal Valuer Piet Eloff, in his explanation of the valuation, said the Municipal Property Rates Act (MPRA) prescribed an objection period of a minimum of 30 days. “However, in line with our customer approach, the City has extended and afforded property owners more time and opportunity for the roll to be made available for public inspection when property owners can exercise their rights in terms of the Act and object to their values or any other property value deemed to be incorrect,” Eloff said 
 
The GV2013 will be made available for inspection at ten public venues across the city. City officials will be available at these venues to assist members of the public who wish to inspect the valuation roll or submit an objection. 
 
The venues are as follows:
 Valuation Services, Metropolitan Centre, Level B Block Street, 158 Civic Boulevard; Braamfontein; 
 Lenasia Civic Centre, Corner Rose and Elands streets, Lenasia Extension 1; 
 No 300 15th Road, Randjespark, Midrand;
 Randburg Civic Centre, Corner Braam Fischer Street Jan Smuts Avenue, Randburg; 
 Roodepoort Civic Centre, 100 Christian de Wet Road, Florida Park, Roodepoort;
 Sandton Library, Nelson Mandela Square, off West Street;
 Ennerdale Civic Centre, Corner Katz Street and Louw Road, Ennerdale Extension 3; 
 Jabulani Civic Centre, 1 Koma Road, Soweto; 
 Thuso House Service Centre, 61 Jorissen Street, Braamfontein; and
 South Hills, 9 Geneva Road. 
 
In his explanation to demonstrate why a new valuation roll was necessary, Eloff said the last COJ valuation roll was implemented from July 1 2008 and that by law a city needed to review its general valuation roll every four years. 
 
In the case of the City of Johannesburg, the MEC for Local Government granted it a 12-month extension. That is why the general valuation roll will be implemented on 1 July 2013.
On how the City valued properties, Eloff explained that there were several types of properties, including residential, sectional title, non-residential and agriculture properties. Each was valued differently although they all related to market value.
 
On how valuation was carried out, he said as this was a mass valuation process, the Municipal Valuer used a computer-aided mass appraisal system to determine the values of all properties. This, he said, was based on statistical analysis and geographical information systems that required reliable and accurate data.
 
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