Calgro M3 encourages all South Africans to adhere to the rules of the lock down and keep safe and healthy. We are thinking of everyone in this time.
For more information on COVID-19 in South Africa, please visit www.sacoronavirus.co.za

info@calgrom3.com

011 300 7500 | 0861 CALGRO (225 476)

Homes Memorial Parks REITRetirement Estate

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

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Typical illustration of Calgro M3 project locations and amenities

Calgro M3 Developments services the housing market through various business sectors within the market, namely:

Full and sectional title residential units aimed at home owners in the bonded market, outside the Financial Services Charter (FSC).

Income earners R30 000+

Full and sectional title residential units aimed at homeowners in the bonded market regulated by the Financial Services Charter (“FSC”)

Income Housing Segment Targets

Targets income earners R22 001 pm

Open Market Rental Housing is a rental option for prospective clients not able to qualify for home loans or who prefer a rental option in lieu of ownership.

Rental Segment targets

Various investment options available

Income earners from R12 500 pm+

Grassroots affordable people’s (“GAP”) homes cater for people excluded from the subsidised programme but with incomes too low to qualify for traditional affordable homes.

Income Housing Segment targets

Subsidies to the individual ranging from R27 960 to R121 626, depending on income level

Targets income earners R22 000 pm

Finance linked individual subsidy programme (“FLISP”). The product was introduced when the affordability level to qualify for subsidised housing was removed, allowing people previously disqualified based on income, to qualify for a partly subsidised home.

Income Housing Segment targets

Subsidies to the individual ranging from R27 960 to R121 626, depending on income level

Targets income earners R22 000 pm

Social housing is a rental or cooperative housing option of subsidised rentals owned by non-profit social housing institutes Targets income earners R15 000 pm Move to next housing segment if monthly earnings R15 000 Subsidy risk taken by social housing company, not Calgro M3.

The Community Residential Unit (CRU) Programme comprises subsidised rental units owned by the public sector. This rental option caters for income earners between R3 500 and R7 500 pm and excludes individual ownership.

(Subsidised Rentals) Segment targets

Subsidy as per National CRU policy

Income earners below R7 500 pm. Move to the next market segment if monthly earnings exceed R7 500.

Providing fully subsidised units to qualifying South Africans (updated version of Reconstruction and Development Programme (“RDP”) housing)

Targets incomeearners

R3 500 pm Move into CRU if monthly earnings R3 500 pm