Affordable housing business plan

Though our houses are low cost they will be constructed according to the quality specifications outlined by the professional architects, site engineers, quantity surveyors and other building professionals. A questionnaire pertaining to the preferences of consumers can go a long way in deciding which fixtures or cabinets to place in a display home.

Real estate development business plan pdf

Most of them are either in formal employment or in Small scale businesses. Some in this group might be married with children, others are single. Our estimated total cost is Kshs ,, millions. The remaining nine homes will be built in three, three-home phases. George Schmidt is the sole member of this limited liability company. This can help people acquire land cheaply as a starting point to owning a house. In most cases on completion of the mortgage they will have paid about 3 times of the original price. Once the homes are sold, Madison Builders will conduct 6-month and 1-year follow-ups to determine the satisfaction of each consumer in Jackson Place. The PR effort will also notify local real estate agents of the development. LRA receives title to all tax delinquent properties not sold at the Sheriff's sale. The common bond is a love of the city. These are the three main sources of competition. This means that all the others are catered for by the private sector. These follow-ups will provide Madison Builders with the information to improve their product and service in the future.

According to the U. The usage of machines will be kept at the bare minimum only in situations that are unavoidable.

Low cost housing project proposal

In addition as we diversify fully to real estate through the proposed project, we have assembled a formidable team of qualified professionals and suppliers with wide experience to work with us in executing this project and others that we shall undertake in the medium and long term future. This concept removes the hassles of construction from the buyer and provides them with a ready home so they dont have to pay rent or an opportunity to earn rental income from the property if they dont opt to settle there. Related Services. This approach can assist many prospective home buyers who might not otherwise qualify for a mortgage loan. To reach a level where we can build more than low cost family houses annually in the next two to three years. Its where we are safe from the worries of the world. The concept of low cost decent homes starts with identifying and purchasing blocks of land such as 5, 10, 20 or more acres. There are three main groups of target customers for Jackson Place. We strongly believe there is no substitute to integrity in business. Juja town is 25Kms from Nairobi city centre and about 15 kms from Thika town.

We will pray to have an excellent relationship with our financiers by ensuring we repay the loan s fully and at the agreed time frames. Use of appropriate technology to increase supply of quality affordable housing stocks in a sustainable manner 6.

Once the homes are sold, Madison Builders will conduct 6-month and 1-year follow-ups to determine the satisfaction of each consumer in Jackson Place.

Our surveys indicate that most housing mortgage financiers target those with incomes ranging from Kshsto KshsIn total the loan portfolio by mid was kshs 62 billions. We intend to target those whose household incomes either individual or combined income ranges from Kshs 50, toConcerns There are two main concerns at this point in the development process.

affordable housing business plan doc

Most of them are either in formal employment or in Small scale businesses. We shall ensure we recommend our customers to the right people in the financial services sector as way of supporting them obtain finance to pay for the homes.

The jobs for most semi skilled worker will directly benefit the youth particularly those communities neighboring our projects. All our workers will be paid fairly and on time and provided with good working conditions and environment.

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Low Cost Houses Business Plan