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São Paulo will gain 4,000 apartments from Minha Casa, Minha Vida after a billion-dollar negotiation transforms an area of 93,000 m².

Author profile image Alisson Ficher
Written by Alisson Ficher Published on 15/07/2026 at 16:14
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Large-scale land in Barueri hosts a residential project aimed at Minha Casa, Minha Vida, with a million-dollar private investment, thousands of planned units, and a billion-dollar sales potential, while details on licenses, prices, schedule, and final configuration are still pending disclosure.

Rock, a real estate investment company based in Porto Alegre, acquired at auction an area exceeding 93 thousand square meters in Barueri, in the Metropolitan Region of São Paulo, where it intends to develop more than four thousand apartments linked to Minha Casa, Minha Vida.

Structured in partnership with Zinco, the project foresees an initial investment estimated at R$ 400 million, while the first residential units may reach the market in 2027, according to projections presented by the companies involved in the real estate operation.

Although the title mentions a billion-dollar negotiation, the amount of R$ 1.8 billion does not correspond to the investment required to build the residential complex, nor does it represent the price paid by Rock during the acquisition of the land located in Barueri.

In practice, this figure indicates the General Sales Value, known by the acronym VGV, which gathers the potential revenue obtained from the commercialization of all planned units, should the project be fully developed and the planned apartments sold.

Area in Barueri will have more than four thousand apartments

According to the plan presented by Rock, the land will be occupied by residential towers that, together, should gather more than four thousand homes, although the final number of buildings and the distribution of units have not yet been disclosed.

As the project remains in the development phase, aspects related to implementation, apartment sizes, residential layouts, and the execution of different stages will still need to be defined before the start of the commercial launches planned by the companies.

Marcos Colvero, co-founder of Rock, stated that the future units will be planned for Minha Casa, Minha Vida, a housing program that establishes its own criteria for income, financing, and classification of properties intended for participating families.

For the apartments to be effectively marketed within the program, buyers and units will need to meet applicable rules, including household income limits, financing conditions, and the parameters defined for each available housing modality.

According to the disclosed expectation, the first units may be available in 2027, but this forecast does not mean that all apartments will be launched or delivered simultaneously, considering the project’s scale and the number of planned housing units.

Residential developments of this size are usually organized in different phases of launch, construction, and marketing, allowing the works to progress gradually according to necessary approvals, property demand, and the financial planning of those responsible.

In addition to the estimated R$ 400 million for the initial investment, the partnership estimates that the sales potential could reach R$ 1.8 billion, a value associated with the future commercialization of the set of apartments planned for the area.

This difference occurs because the investment represents the resources allocated to development and construction, while the VGV corresponds to the estimated sum of the sales values of the units, not necessarily indicating the net revenue obtained by the companies.

Rock expands its presence in the real estate market

Founded in 2020, Rock operates in structuring investments and providing resources for real estate projects, bringing together capital and companies that need financing to develop residential, commercial, or mixed-use projects in different regions.

Since the beginning of its activities, the company reported having directed approximately R$ 670 million to construction financing, serving developers and other sector participants interested in enabling projects through structured financial operations.

By incorporating the Barueri area into its portfolio, the company becomes part of a large-scale residential project in the state of São Paulo, focusing on housing that fits the conditions of the main federal housing program.

In another area of activity, Rock acquired a 175-hectare area in Beberibe, Ceará, intended for the development of a hotel and a residential condominium with leisure infrastructure, a proposal distinct from that planned for the São Paulo municipality.

Zinco’s participation in the Barueri project was presented as part of the necessary structure to develop the land and prepare future launches, although the specific responsibilities of each company have not yet been publicly detailed.

So far, the final number of towers, the sizes of the apartments, the estimated prices of the units, and the distribution of construction phases remain undisclosed, information that should be presented as planning progresses.

Minha Casa, Minha Vida caters to new income brackets

Originally launched in March 2009, the Minha Casa, Minha Vida program was resumed in 2023 through a provisional measure later converted into Law No. 14,620, maintaining the focus on expanding access to housing in the country.

The program brings together different modalities of production, acquisition, and financing of urban and rural properties, with conditions established according to family income, the value of the residence, location, and the origin of resources used in each contract.

In 2026, the Ministry of Cities expanded the applicable limits for families residing in urban areas, allowing the program to serve groups with a gross monthly family income of up to R$ 13,000.

According to the updated rules, Bracket 1 includes families with a monthly income of up to R$ 3,200, while Bracket 2 covers incomes between R$ 3,200.01 and R$ 5,000 per month.

Next, Bracket 3 includes families with a monthly income between R$ 5,000.01 and R$ 9,600, while the modality aimed at the middle class reaches groups with a gross income of up to R$ 13,000.

These limits were established by Ordinance No. 333, dated March 30, 2026, but being classified in one of the brackets does not automatically guarantee approval of the housing financing requested by the interested family.

In the financed modalities, buyers need to choose a property compatible with the program’s standards and undergo a credit analysis conducted by a participating financial institution, a step that considers the applicants’ payment capacity.

In addition to family income, conditions vary according to location, unit value, chosen modality, and resource origin, while lower-income families may have access to subsidies provided in the housing rules.

Project still depends on definitions and authorizations

Despite the announced scale, the exact date of the auction, the amount paid by Rock for the acquisition of the area, or the full address of the land where the residential towers are to be built have not been publicly presented.

The status of urban and environmental licenses, other necessary authorizations, the complete schedule of works, and the commercial conditions that will guide the launch of the apartments planned for Minha Casa, Minha Vida also remain unspecified.

Before sales open, the project will still need to advance in defining the plans, organizing the construction stages, and meeting the required approvals, factors that may influence the timeline initially presented by the companies.

In this scenario, the forecast to make the first units available in 2027 is still treated as an initial estimate, conditioned to the development of the project, obtaining licenses, and executing the business planning announced for the Barueri area.

With more than four thousand apartments planned on a single site, how could this new development influence the supply of housing under the Minha Casa, Minha Vida program in Barueri and nearby cities?

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Alisson Ficher

A journalist who graduated in 2017 and has been active in the field since 2015, with six years of experience in print magazines, stints at free-to-air TV channels, and over 12,000 online publications. A specialist in politics, employment, economics, courses, and other topics, he is also the editor of the CPG portal. Professional registration: 0087134/SP. If you have any questions, wish to report an error, or suggest a story idea related to the topics covered on the website, please contact via email: alisson.hficher@outlook.com. We do not accept résumés!

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