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Nu-Way Housing Developments (Pty) Ltd (Nu-Way) has been active in the marketplace since 1986 with its primary aim to promote and facilitate the provision of affordable and low-cost housing to South Africa's low-income earners. As a member of the Nu-Hold Group, it is in a position to take its offering to more low-income earning South Africans.

MISSION AND VISION

Our Vision is: To satisfy our customer's housing and community needs through property development services thereby contributing to social upliftment.

Our Mission:
  • To be recognised on a national level as the benchmark in the affordable housing development industry;
  • To continually improve the working environment of professionals and contractors who work with us;
  • To be the preferred employer in the industry; and
  • To broaden the knowledge and expertise of our employees so as to realise their full potential.

CORE FUNCTIONS

  • Land procurement and investment;
  • Property development inclusive of marketing and sales administration and conveyancing; and
  • Project management services provision to local and provincial authorities, as well as to corporate private sector institutions in the development of mass housing projects.

COMPETITIVE ADVANTAGE

Our main competitive advantages are:
  • Proven track record in project management and township development;
  • Extensive turnkey experience in property development;
  • Technical proficiency in township development;
  • Strategic landholdings;
  • Operational flexibility;
  • Excellent networking capabilities;
  • Company culture conducive to positive growth; and
  • Proven efficiency in after-sales customer service and conveyancing.
These are enhanced by the competitive advantages brought to the Group by our sister companies - Krisp Properties and Krisp Properties Commercial.

PROJECT MANAGEMENT SERVICES

  • Consultation with all role-players to establish the project scope, objectives, priorities, constraints, assumptions and strategies.

  • Management of the following objectives to the approval of the client:
    • Feasibility studies and business plan formulation;
    • Land procurement;
    • Establish the roles, responsibilities and reporting relationships between the various participating parties;
    • Identify suitable key personnel to establish a winning project team;
    • Promote the development of project team spirit to enhance project performance;
    • Project programming and scheduling as well as integrating the interdependence of planning, design and construction;
    • Ongoing monitoring and control to the master project programme to reflect actual project status;
    • Chair design co-ordination meetings and the preparation of reports to clients;
    • Monitor the preparation of the final design, information distribution and record keeping;
    • Monitor the preparation of cost estimates and budgets for the project and manage the cash flow;
    • Raising of development capital and managing progress draw downs;
    • Securing end user financing packages;
    • Manage the processes of preparing and calling for proposals and tenders;
    • Manage the evaluation of proposals and tenders and facilitate their award;
    • Appoint consultants and contractors on the client's behalf;
    • Construction co-ordination meetings and preparation of reports to clients;
    • Monitoring all project participants to ensure they meet contractual obligations;
    • Manage the project execution and all inter-related changes in accordance with the approved documentation;
    • Manage the closing out of the project and submission of required records to the client;
    • Empowerment of communitiesthrough the creation of local employmentand skill creation; and
    • Sales administration and conveyancing.
 

Block A, 367 Surrey Ave, Ferndale, Randburg, 2194, South Africa | PO Box 650, Randburg, 2125, South Africa
Tel: +27 (0) 11 789 3334 | Fax: +27 (0) 11 886 2801 | E-mail info@nuway.co.za
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