Ballito and surrounding areas remain one of the favourite holiday destinations in KZN, but the scales have tipped towards permanent residents. This resulted from position and possibilities – access to Umhlanga and Gateway, King Shaka Airport and Dube Trade Port and a wide choice of gated residential estates.
Commercial and retail expansion has accompanied the growth in home ownership. This has resulted in a shortage of residential stock and especially middle income housing is in high demand with first time buyers seeking to purchase in the under two million Rand bracket. Low interest rates have also stimulated the property market.
HBR Projects (Pty) Ltd. has successfully exploited this market for some time and has successfully completed homes in the area.