Official source
Source domain: kzntreasury.gov.za
Collected on 6 August 2026
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Bespoke Inner-City Incentive for Brownfield Developments
Developers of brownfield sites in the inner city may qualify for a special incentive of up to 40% over a maximum of two years, aimed at revitalising underutilised urban land and supporting densification.
Bespoke Special Inner City and Densification Zone incentive.
Places
eThekwini, KwaZulu-Natal
Reference
https://www.kzntreasury.gov.za/Documents/4.2%20EDIP%202024-25%20OUTREACH.%2025.07.2024NMpdf.pdf
Amounts
R 299 000 000, R 300 000 000
Parties
The document also describes the approval process and responsible units within the eThekwini municipality
Property Rate Rebate under EDIP 2024/25
Businesses and developers can apply for a property rate rebate of up to 40% on new industrial, commercial, or mixed-use developments in designated priority areas, depending on investment value, job creation, sector, and location. The rebate applies during the construction period (up to 3 years) or post-construction (up to 3 years).
An applicant must apply before 31 January to allow for budget planning.
