Business View Caribbean | July 2022

59 BUSINESS VIEW CARIBBEAN VOLUME 9, ISSUE 7 CAR I BBEAN HOUS ING L IMI TED As Dr. Bahadoorsingh recounts, “In 1961, my father – at my urging – bought a 545-acre sugar cane farm, of which about 500 acres had been sugar cane and the rest had been tenanted. It took me a long time to get the 500 acres changed from agricultural zoning to housing; finally got that done, and this happens to be the second largest, single housing project in the country. We started building there in 1966 and we still have at least 15 more years to go. As my father used to say: Ordinary people may have foresight, but extraordinary people have ‘fivesight’. And I think that I may have inherited some of that from my father.” income earners had to be established - the Housing Act came into force that year allowing concessions for those trading in or building houses in a particular bracket to meet consumer demand. The way forward became clear, and this set the groundwork for the establishment of Caribbean Housing Ltd in 1968 which led to a series of housing developments; starting with single-family homes in east and central, then expanding to northwest Trinidad. CHL has been building houses ever since and has broadened its portfolio to include homes in varying brackets, retail, professional and commercial- based developments.

RkJQdWJsaXNoZXIy MTI5MjAx