Osho is engaged in a residential development project at Midrand in South Africa. The project has been approved for 576 units and will offer a multitude of lifestyle activities catering to all age groups. The look and feel of the units will be modern industrial with top-of-the-end finishes. The marketing (off-plan sales) efforts will commence during the second quarter of 2017 and construction activities will be planned in phases subsequently. A number of land parcels in the Gauteng province have been also identified for acquisition to expand the activities of this business vertical.