Residential property development business boosts Calgro M3 revenue
Sales from four housing projects contributed to group revenue increase
15 May 2023 - 10:59
UPDATED 15 May 2023 - 16:18
Calgro M3 says sales from its four residential development projects contributed about 75% to group revenue for the 12-month period to the end of February.
Rising demand for affordable housing coupled with limited supply resulted in sales of homes priced between R500,000 and R600,000 increasing during the period. The projects include Fleurhof, Jabulani, South Hills and Belhar in Cape Town...
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