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Calgro M3’s skills are deployed across a large range of housing market
sectors:
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RDP/BNG homes as per provincial
subsidy: The company builds to a specification higher than national
standards, ensuring more equity in the property for the homeowner
and financial institution.
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GAP market
from RDP/BNG to R300
000: According to the FSC, there is a gap market
between RDP/BNG houses to a maximum value of R300 000. Banks and
financial institutions earn Charter scorecard points by bond
and rental stock participation up to R300 000 value per house.
Calgro M3 is one of the few companies operating in this select
niche area.
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Affordable homes
from R300 000 to R600
000: This sector caters for a wide range of emerging
class clients with diverse needs in a home.
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Sectional title
from R550 000 to R950
000+: A relatively new development in Calgro’s
M3’s offering, with significant growth opportunities for
the group.
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Cluster homes
from R600 000 to R2,5
million: Contingent on the major driving forces
in this market which are location, timeous construction, quality
and proven marketing practices, Calgro M3 is a leader with a
sound track record.
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Integrated developments: These
see a cross-section of RDP/BNG, GAP and affordable houses being erected
in a single development. Calgro M3, through its subsidiary PZR Pennyville
Zamimphilo Relocations (PZR), is currently in partnership with the
Johannesburg City Council in a groundbreaking flagship integrated
development at Pennyville in south west Johannesburg. |
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