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Showing posts from March, 2008

Maghreb Arabe Presse: Morocco to build 130k low-cost housing units

Maghreb Arabe Presse: Morocco to build 130k low-cost housing units


Rabat, Mar. 30 - Morocco is set to build 130,000 low-cost housing units in the coming four years both in urban and, for the first time, in rural areas across the north African country for a total budget of MAD 15.5Bn (USD 2.13Bn).

The budget is totally exempted from taxes, and will be directed to families whose monthly income is less than MAD 2,500 (about 344). They should be either working in the police, civil servants, living in houses due for demolition, or employees in the private or handicraft sectors.
The government aims also to diversify offer in the housing sector, fight insalubrious housing, and involve small and middle-scale real estate developers in the operation.
The prices of houses and flats built in the project will not exceed MAD 140,000 (USD 19,300).
Besides cities and towns, the project provides for the first time for constructing low-cost housing units in rural areas. 22,353 one-storey houses are programm…

NIGERIAN TRIBUNE - Property and Environment

NIGERIAN TRIBUNE - Property and Environment

Why private developers cannot build for low income groupDayo Ayeyemi, Lagos
A luxury apartment in Port HarcourtHousing in its entire ramification is more than mere shelter according to different scholars who have expressed concerns over the shortage of housing industry in the country.
As stated by them, housing encompasses all the necessary facilities such as circulation, infrastructure such as electricity, water and paved roads that make life enjoyable and that it must be close to workplace.
Despite the enormous contribution of the private developers who have constructed different housing units across the state following the current housing policy that encourages such, investigation by Nigerian Tribune revealed that most of the houses constructed by the private developers are geared towards the high income earners in Nigeria. In a twist, Chairman, Grant Properties Limited, Reverend Olajide Awosedo, in a brief interview stated that construction …

£8bn promise for low-cost housing means it’s boom time for builders - Times Online

£8bn promise for low-cost housing means it’s boom time for builders - Times Online

Yvette Cooper announced a huge £8 billion building programme yesterday to help first-time buyers and families on low incomes. An extra 210,000 affordable homes will be built over the next three years.
Council building will get a big boost and the Housing Minister unveiled a range of reforms to help young families get on the property ladder, including an equity scheme for those earning less than £60,000 a year.
Under the scheme the Government will give first-time buyers and key workers 17.5 per cent of the cost of a new home in return for a share in the profits when they sell.
The proposals in the Green Paper include grants for local authorities that provide detailed five-year building plans. They will also be allowed to borrow money from the private sector and keep rental income. Town halls will be encouraged to build council homes for the first time in nearly 30 years, and social rented housing is expected…

Gulfnews: Low-cost housing urged as solution to soaring prices

Gulfnews: Low-cost housing urged as solution to soaring prices


By Cleofe Maceda, Staff ReporterPublished: March 20, 2008, 23:54
Dubai: Governments in the GCC should flood the property market with low-cost homes and impose price controls to help curb inflation, a senior bank official said on Thursday.
Doha Bank Group chief executive officer R. Seeth-araman said depegging from the US dollar is not likely to happen, as GCC governments have already started to adapt fiscal or policy measures to arrest soaring prices.
"Depegging is not going to happen. It's not in the cards as I see it now. Governments have resorted to low-cost housing construction. That's the solution that most governments are doing. They're also looking at the Rent Control Act. There are policy and fiscal measures taken," Seetharaman told Gulf News.

He said imposing a cap on food prices and housing rents, as well as building more affordable homes, is an effective way to cut inflation. Eventually, he adde…

Tibet to allocate $62 mln for low-cost housing_English_Xinhua

Tibet to allocate $62 mln for low-cost housing_English_Xinhua


LHASA, March 22 (Xinhua) -- The government of China's Tibet Autonomous Region plans to allocate 465 million yuan (62 million U.S. dollars) for low-cost housing starting this year to improve living standards, especially for low-income households.
The money will be used to build 4,560 houses, which are to be completed by the end of this year, with floor space totaling 200,000 square meters, said Chen Jin, head of the Tibet construction department.
"Increasing investment in real estate has given people varied choices, such as low-rent houses, apartments, condos and townhouses," Chen said.
The per capita housing space for urban residents stands at 25.5 sq m. The area for farmers and herdsmen has reached 36.4 sq m, compared with 16.8 sq m before 2006, according to statistics from the department.
In a neighborhood in the northern part of Lhasa, Gaesang Namgyae, a company employee, lives with his family in…

Housing construction costs in Yemen: Affordability & Purchasing Power - Middle East News

Housing construction costs in Yemen: Affordability & Purchasing Power - Middle East News:

The substantial problem of a housing shortage is becoming an enduring feature in Yemen. All the same, the response to housing needs was hasty. Construction projects were executed using inappropriate and costly construction and design practices resulting in low-quality housing, causing further escalation in construction and housing costs to prices beyond the financial reach of the majority of the population in Yemen. A report by Dr. Basel Sultan.Improving the construction and housing sector is essential for several reasons. First for economic reasons, the performance of the construction & housing sector has a considerable influence on the overall economy where it contributes seven to 15 percent of the Gross National Product (GNP). Secondly, for social reasons, because housing is a basic human need. Third, for environmental reasons in order to reduce the consumption of resources, especially …

allAfrica.com: Rwanda: Housing - BCR Launches Mortgage Financing (Page 1 of 1)

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allAfrica.com: Rwanda: Housing - BCR Launches Mortgage Financing: "David Kuwana"

Kabona EsiaraKigali
Rwanda Commercial Bank (BCR) has launched mortgage financing, paving the way for many Rwandans to generate individual wealth and own homes.
The funding comes at a time a World Bank study has discovered that Rwanda is short of houses by 25,000 units annually.
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The study also discovered that only 20 per cent of the housing units in the country are planned, meaning 80 per cent of the structures are illegal.
The product: "Own your home mortgage finance" is the first of its kind in the country and is targeting all income groups, including; the low, middle and big income earners.
David Kuwana, BCR managing director said investing in modern housing is helping government in its development campaign.

Property24.com :: Full Article

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Property24.com :: Full Article

Cheap housing maker opens PE office2008/03/04
A company specialising in inexpensive construction technology for mass housing schemes has just established a new factory in Port Elizabeth.The inventor, Hennie Botes, said that the decision to open the factory was based on reducing production costs, in order to capture the affordable and low-income housing market. According to Botes this is achieved by consolidating the supply chain involved in the construction of a whole house, and to offer a comprehensive supply entity.Botes said that the concept came to him in 1986 while building a wall around his first home. The building process took up quite a bit of time and he investigated alternatives to reduce the construction time and still create a good quality wall.According to Botes Moladi is a low construction cost technology and has nothing to do with low-cost housing systems. The principle can be applied to any house, whether low-cost housing or for up market d…

Property24.com :: Affordable Housing Full Article

Property24.com :: Affordable Housing Full Article: "It will 'require a miracle' if the eThekwini municipality - which embraces Durban and its surrounding areas - is to meet its 'far-fetched' target of eradicating Durban's housing backlog by 2010, says the council's housing committee chairman S'bu Gumede."

moladi is your miracle - just contact us and be proactive - we have presented moladi to you on numerous occasions

allAfrica.com: Ghana: Affordable Housing (Page 1 of 4)

allAfrica.com: Ghana: Affordable Housing (Page 1 of 4): "Ghana has for the last three decades faced a severe national housing deficit. According to the available evidence there is a housing stock shortage of between 500,000 to 950,000 units in Ghana. We are not the only country in this crisis, but we are deeply affected by it."

Peter and Moses, this is what we have established moladiGHANA for!