Saturday, November 28, 2009

Award-winning house system snubbed locally

AN Eastern Cape company has won a top African award for its super-fast house-building system and has just signed a deal with India. But its chief executive says despite exports to several developing countries, the provincial government has yet to recognise the value of this innovative system.

Indian-based property company Karle Group partner Sudarshan Karle was at Moladi this week to put in an order for the product. Karle said there was a demand for more than 100-million houses in India.

“In India we have 1, 2 billion people and about 60% of them will never own a house. Nobody is offering a product for the lower middle-class families. For nearly two years we did market research on how to develop low-cost housing and eventually zeroed in on Moladi,” Karle said.

“The need for low-cost affordable homes is a global demand,” Botes said.

Read more at The Weekend Post

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