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Showing posts with the label shortage

Big Idea 2014: Low Cost Housing

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Big Idea 2014: Low Cost Housing    Hennie Botes - CEO moladi Hennie Botes, CEO of moladi believes that the "Big Idea 2014" will be low-income housing and affordable housing for the mass market - First time home buyers especially in Africa with a combined population of close to 1.2 billion people are urbanising at a rapid rate their income has escalated radically and the demand for affordable homes is not being addressed with conventional masonry construction. Technology is the only factor that can reduce construction and this is where moladi has been focusing on for the last 27 years - To de-skill construction and speed up delivery ensuring cost savings without compromising quality. Moladi combines construction with economic development and skills development, a catalyst for socio-economic development serves as a critical link to skills development, infrastructure, job creation and service delivery.   Decent affordable housing is one of the key factor...

Affordable housing market shortage or gap market

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Affordable housing market shortage or gap market   Affordable Housing  STANDARD Bank’s home loan book for the affordable housing market grew by 30% to R14bn last year, driven by strong demand as first-time buyers entered the market. There is an estimated shortage of about 600,000 houses in the affordable market, although Standard Bank affordable housing head Nicholas Nkosi said on Tuesday that the bank was "very encouraged" by initiatives to ramp up supply. The affordable segment, which Mr Nkosi said was the most active part of the housing market, refers to houses between R300,000 and R550,000, with the average bond worth about R350,000. Concern about low-income earners’ access to the affordable market has prompted the government to put various initiatives in place to unlock the "gap market" — people who do not qualify either for loans or free government houses. Measures include the finance-linked individual subsidy programme, which aims to reduc...

Tanzania House Shortage

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Tanzania: Govt Moves to Address House Shortage Low cost housing Tanzania CURBING shortages of houses in the country, currently estimated at 3 million will only be achieved through Public Private Partnership (PPP) and not the government alone, Vice-President Dr Mohammed Gharib Bilal, has stressed. Demand for houses in Tanzania is estimated to be growing at an average of 200,000 housing units per annum and thus requiring huge investments to construct houses for the population. "The government has taken various measures aimed at reducing the shortages by enacting and amending various legislations to create a conducive environment for the private sector to participate," Dr Bilal said. The VP made the remarks in Dar es Salaam yesterday at a ceremony to lay a foundation stone for a 3.5bn/- building for public servants at the Ada Estate area. Upon completion which is expected in February, next year, the seven-storey building, will accommodate 16 families. Each apart...

NEDLAC Jobs Unemployment Employment Skills

NEDLAC Jobs Unemployment Employment Skills Transnet on Friday said about 40 people were injured during a stampede at its Bloemfontein depot after 10,000 people had arrived for job interviews for just 30 vacancies. As the first group of people were taken inside to write tests, those waiting outside assumed they would not be allowed to apply. They then tried to force their way in. Transnet’s Mboniso Sigonyela admitted they did not expect such a response. “That was shocking; we had planned for about 4,000 people. We had two halls which could accommodate 400 each and we expected it to take about four hours to assess all those people,” he said. 10,000 people arrive for 30 vacancies: HELLO - 10,000 People for 30 jobs - This government is failing it's people!!! This is sad - this is a shame! We have "Pew Warmers" in Government with no compassion or ability or will to create employment. We have the capability and technology to impact unemployment in SA creating jobs, but...

India affordable housing shortage

Making affordable housing work in India India affordable housing - The housing shortage in India is enormous As many as 26 million homes are projected to be required by 2012 to meet the existing housing need, and 99 per cent of these homes are needed by households in the Economically Weaker Sector (EWS) and Lower Income Group (LIG). If the current increase in backlog of housing is maintained, a minimum of 30 million additional homes will be required by 2020. While some housing demand will be taken up within the existing housing stock, many millions of homes will need to be built across the country to fulfill the vision of becoming slum-free. Not only is the challenge to build many homes, but also to ensure that they are built at the right location, available at an affordable price to households that are in most need and of adequate quality to endure in the longer term. These and other findings of the research report titled ‘Making affordable housing work in India’ were shared by th...

Schools of Shame - School Classroom Shortage

Schools of Shame » School Shortage The Herald exposes the shocking state of schools in the East Cape , including unsafe buildings, overcrowding, lack of equipment and rampant vandalism School Shortage Overcrowding makes for difficult teaching Lee-Anne Butler HERALD REPORTER - Posted on: October 13th, 2009 TWO overcrowded high schools in Humansdorp are buckling under the pressure of having to cater for children from 11 primary schools within a surrounding area of more than 200km. Humansdorp High School and Lungiso Public School must accommodate pupils from as far afield as Jeffreys Bay, Thornhill and Joubertina. And because many of these children cannot afford the travel costs, they simply drop out of school at the end of Grade 7. Even so, both school are vastly overcrowded. Humansdorp High School, which is supposed to accommodate a maximum of 800 pupils, currently has 1700 pupils, while the 20-year-old Lungiso Public School nearby caters for 750 pupils. Although there are...

Tatas propose low-cost housing in Mumbai - The Financial Express

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Tatas propose low-cost housing in Mumbai - The Financial Express " Our study shows that 48 per cent of the people in the lower segment are currently staying in rented accommodation. As a real estate company, we are sensitive to the need of providing this segment with their own home along with community life," he said, however, adding that local people would also be eligible to own homes in these projects. Banerjee said in the Boisar project, a one BHK flat with a total salable area of 465 sq ft would be available at Rs 6.7 lakhs. Tata Housing would sell 1,200 homes in the low-cost segment and 2,000 units in the affordable housing segment. Value homes would be sold through a lottery for which forms would be available at some select State Bank of India branches from coming Saturday. Banerjee said Tata Housing has tied-up with HDFC and SBI for financing and is in talks with other lenders as well for this purpose. The company is also looking for government support to start such p...

For more on moladi

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Moladi reduces high costs of conventional building techniques through new technology