Housing Schemes

increase in property price in karachi

Karachi’s Unprecedented Increase in Property Prices (Apartments)

March 9, 2021

Karachi being the commercial hub of Pakistan is the major driver of Pakistan’s economy. It is estimated that the contribution of Karachi to the GDP is almost 25% of the total. The port city is the gateway to the exports and imports of Pakistan and a suitable destination for investors[...]

Why Transparency in Real Estate helps Cities Succeed

February 17, 2021

Preamble The largest number of real estate investments can be seen in cities which have the most transparent real estate sector. In this article, the Iqbal Institute of Policy Studies (IIPS) explores how transparency in the real estate sector can help cities succeed in establishing themselves as drivers of future[...]

SBP Service Desk Portal – A Digital Solution to Avail Markup Subsidy Housing Finance

January 29, 2021

Bridging the existing gap through technological advancements, the State Bank of Pakistan (SBP) launched ‘SBP Service Desk Portal’ – a digital solution for people to register complaints related to housing finance, directly with the central bank.    What is Government’s ‘Markup Subsidy Housing Finance’? In order to provide affordable housing[...]

SBP launches Service Desk Portal to facilitate borrowers under Govt Markup Subsidy Housing Finance

January 29, 2021

KARACHI: The State Bank of Pakistan (SBP) launches ‘Service Desk Portal’, to facilitate the general public to register housing finance complaints with the SBP directly through the portal. This initiative has been introduced for people to easily avail the government’s mark-up subsidy scheme for affordable housing. In addition, the central[...]

Land acquisition for Peshawar Model Town Project begins

November 18, 2020

PESHAWAR: To initiate work on Peshawar Model Town project, the relevant authorities have been directed to complete procedures including land acquisition, consultancy, and engineering design by Chief Minister KPK Mahmood Khan. The order was issued by CM KPK while chairing a meeting on the low-income housing project. The announced 1,80,000-acre[...]

Real estate projects in Karachi to display QR codes

September 28, 2020

KARACHI: All real estate projects under construction in the city, including residential and commercial buildings have been directed to set up boards displaying a Quick Response (QR) code to help citizens determine the legal status of the projects quickly, by the provincial government. The initiative has been launched against the[...]

Why Real estate is the best Investment Option for Overseas Pakistanis?

September 21, 2020

The real estate sector in Pakistan has always enjoyed strong confidence of the people, attracting investments, be it in residential or commercial projects. The sector that once lacked transactional transparency, security and little to no integration of technology played a major part in discouraging the investors overseas. However, in its[...]

Ravi Riverfront Urban Development project launched to transform Lahore

August 12, 2020

LAHORE: The Ravi River Front Urban Development (RRFUD) Project launched to transform Lahore under Prime Minister Imran Khan’s vision of Naya Pakistan, is set to include state-of-the-art facilities to compete with modern cities around the world. The urban development project, aimed at improving the living condition and boosting the economy[...]

PM Imran Khan inaugurates Ravi Development Authority Project

August 8, 2020

LAHORE: Prime Minister Imran Khan inaugurated Ravi Development Authority (RDA) project in Lahore. Federal Ministers including Shibli Faraz, Shafqat Mahmood and Hammad Azhar, Advisor Shahzad Akbar and Chairman Naya Pakistani Housing and Development Authority Lt. General (retired) Anwar Ali were among the attendees of the event. The Ravi Development Authority[...]

RDA approves Rs3.52bn annual budget

July 15, 2020

RAWALPINDI: The Rawalpindi Development Authority (RDA) approved an annual budget of worth Rs3.520 billion for the authority and a budget of Rs2.059 billion of Water and Sanitation Agency (WASA). The budget was presented by RDA Director General Amara Khan in the 48th meeting of the authority, presided by RDA Chairman[...]