Connect with us

Metro

Payatas families landless no more

Published

on

The local government of Quezon City announced that it has acquired the approximately 96,169-square-meter area from Land Bank of the Philippines (LandBank) which will benefit a total of 1,518 families — most of whom have been Payatas residents for 40 years.

With the move, informal settlers in Barangay Payatas will finally own the land they are occupying as they pay for the land where their houses are built for P3,000 per square meter.

Quezon City Mayor Joy Belmonte said that she was granted authority for the purchase by City Resolution SP 8094-S-2020.

“All I wanted was to help and help QC residents achieve what they were fighting for,” Belmonte said.

Ramon Asprer, head of the Housing Community Development and Resettlement Department, and lawyer Roderick Sacro of LandBank signed the Deed of Conditional Sale for the formal acquisition of the 157 parcels of land on Saturday.

The Ramawil 9.6 Homeowners Association Inc., headed by Razul Janoras, expressed gratitude to the city government.

The property will be settled for P209,244,000, which is lower than the original offer of P257,070,000 by LandBank.

Advertisement

LIKE US ON FACEBOOK

Advertisement
Advertisement