Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National
Muskan Singh

In 2019, SYMA created 120 jobs through Colombia's El Paraíso. 7 years later, 67% became homeowners, 91% bought their first homes, 99% of waste was diverted, water use fell 25%, earning 5 stars

When Urbanización El Paraíso was developed in Colombia in 2019, the project was designed to do more than provide housing. It aimed to make homeownership more accessible while improving living conditions, supporting the local community and reducing environmental impacts, as per a report by the World Green Building Council.

Seven years later, the project stands out for the results reported across housing, employment, waste management, water efficiency and community development. The project generated 120 formal jobs, while 67% of residents became homeowners and 91% of homeowners said it was their first home.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.