Reall’s partner, and award-winning social enterprise, ModulusTech, pilot revolutionary flat-pack modular housing model in Pakistan’s most populated city, Karachi. The project, funded by Reall, pioneers 10 of the first ever net-zero prefabricated homes in Pakistan that are affordable for the bottom 40% of the income pyramid in Karachi.
ModulusTech’s prefab technology allows for simple, quick construction dependant on only three people, that prevents waste and reduces carbon emissions. The landmark housing model showcases an innovative, climate-smart solution to the high demand for quality, affordable homes across Pakistan, that is scalable and commercially viable.
ModulusTech’s housing solution champions;
Emma Ahmed, the Head of Operations Asia at Reall, said; “With urbanisation growing at unprecedented levels and climate change demonstrating a real threat to our planet – there is no better time to invest in innovative green businesses like ModulusTech driving forward scalable, climate-smart solutions to low-cost affordable housing and at Reall we are proud to partner with this initiative.”
Nabeel Siddiqui, CEO & Co-founder of ModulusTech, said; “With this collaboration Reall and ModulusTech are trailblazing sustainable, climate smart housing for low-income communities. We look forward to driving wider market transformation and a long term partnership with Reall.”
The United Nations climate summit, COP25, starts today in the Spanish city of Madrid where climate leaders will push to scale up action and investments into rapidly reducing global greenhouse gas emissions and support broader sustainable development agendas, specifically addressing …
The ribbon-cutting ceremony was attended by Reall’s Director of Investment and Operations Patrick Domingos-Tembwa, Mayor of Beira Daviz Simango and Casa Real Director Marie Odile. The celebration was particularly poignant as these homes managed to withstand the destruction of Cyclone…
Reall are delighted to be partnering with India-based technology firm, Syntellect. Syntellect are committed to giving unbanked people the opportunity to access mortgage finance across Africa and Asia. Syntellenct has created RightProfile, a customer profiling platform designed to help lenders …