ISLAMABAD: During a press conference, the spokesperson for the Naya Pakistan Housing and Development Authority (NAPHDA) confirmed that commercial and microfinance banks granted Rs38 billion in loans to 12,000 qualifying applicants for house construction, with a very low 2% markup.
While shedding the light on facts, he stated that 70,000 applications were received for verification and eligible individuals were given Rs38 billion in loans, with the remaining Rs30 billion available for house loans.
He also stated that 20,000 houses have been built under the NAPHDA, with a target of 60,000 more being built.
In addition to the subsidies granted to private developers, he said the federal government is providing Rs35 billion subsidy to keep the markup at a reasonable level. 300,000 low-cost and economical homes would be built by private developers.
For news and blogs, visit Graana.com.
Saudi Arabia’s Real Estate General Authority (REGA) has announced the launch of a new platform…
Dubai: Tomorrow World Group, a global enterprise with a 20-year presence in the emirate, has…
Islamabad: The Capital Development Authority has begun a citywide rehabilitation and upgrading campaign, starting…
Dubai: The emirate’s real estate sector continued its strong performance in November 2025, posting transactions…
The 19th Real Estate Development Summit Saudi Arabia Luxury Edition ended after two days of…
Dubai: Emaar Properties launched the Dubai Square project in May at Dubai Creek Harbour, bringing…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
