eThekwini municipality is breaking ground by building houses near an industrial estate in the Cornubia precinct.
Investors are patting themselves on the back as River Horse Business Estate North of Durban appreciates handsomely in the midst of a slow economy.
So you thought Ballito was just a holiday town in a quaint sugar cane-growing patch on the North Coast of KwaZulu-Natal. Think again.
Ballito remains an ideal holiday destination with fine weather and beautiful vistas but it also has a growing business district, excellent private schools and several top class shopping centres, cinemas, hospitals and hotels. And with this growth comes a burgeoning infrastructure crisis as Ballito Bay 'bursts at the seams'
As a mixed use and mixed income development spanning over 20 years, the multi-billion rand Cornubia project, is one of the province's and ethekwini's big priority projects, which is set to alter the skyline of the city and Umhlanga in the future.
Property prices in Tongaat, a residential suburb on the northerly outskirts of Durban, are poised for massive growth once the construction of King Shaka International Airport is completed in 2009
Well known land management and property Development Company, Moreland, has changed its name to Tongaat Hulett Developments.
A public-private partnership between eThekwini municipality and Moreland Development could create another R10bn commercial and residential centre in Umhlanga, north of Durban.
The current assessment of the value of the Group's land, once developed by Moreland, exceeds R3 billion.
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