- Business
- Calgro M3 Holdings Limited is a South African property and property-related investment company specializing in integrated residential developments and memorial parks. Founded in 1995 and headquartered in Sandton, South Africa, the company operates primarily in Gauteng, Western Cape, Free State and North West provinces through two main segments: Residential Property Development, which offers affordable housing, Grassroots Affordable People’s homes (GAP), Finance Linked Individual Subsidy Programme (FLISP) housing, rental and social housing, Community Residential Units (CRU) housing, and Breaking New Ground (BNG) fully subsidized housing across developments such as 32 on Pine, De Goede Hoop, La Vie Nouvelle Lifestyle and Wellness Estate, Olive Tree, Jabulani Junction, Grand Views, South Hills Lifestyle Estate and Acacia Grove; and Memorial Parks, which provides burial rights, burial services and maintenance at five privately owned parks. The company serves government entities, financial institutions and the general public with a workforce of 473 employees and targets mid- to high-income, affordable and retirement housing markets. Recent developments include the commencement of infrastructure investment at the Bankenveld District City project in 2025 and an equity buyback program initiated in June 2025 for up to 20.6 million shares, alongside strategic land acquisitions near existing infrastructure sites.