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Homes Memorial Parks REITRetirement Estate

Calgro M3 is the developer of choice in selected markets through the consistent delivery of homes, rental units and memorial parks of the highest quality.

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Situated in the heart of Soweto, adjacent to the Jabulani Mall and hospital, Calgro M3 is developing Jabulani CBD in joint venture with Inkanyeli Projects and I.H.S. This high density residential development, the first of its kind in South Africa, will consist of 3 870 sectional title multi-storey walk-up residential units, offering secure apartment living with high quality finishing and close accessibility to a variety of major transport nodes.

The R1,35 billion development will comprise of social housing (subsidised rental), open market rental units and open market bonded units. Selling prices range from R260 000 to R500 000. Bulk and link infrastructure includes an upgrade of the electrical bulk infrastructure as well as roads and intersections.

The development will include the following urban amenities:
  • 3 870 Residential multi-storey residential walk-up apartments consisting of open market bonded sales, open market rentals and social housing units
  • Extensive road and internal infrastructure, roads, sewer, water, storm water and electrical reticulation
  • Commercial and retail development opposite the Jabulani Mall
  • Performing arts theatre
  • Amphitheatre
  • Shopping centre (to be developd by Inkanyeli Projects).


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