KARACHI: The government decreased the prices of the Tier-I housing scheme – including markup rates and subsidy payment period, used to finance housing units under the Naya Pakistan Housing and Development Authority (NAPHDA), announced by the State Bank of Pakistan.
The revised rates, applicable immediately, aim to promote construction activities, the central bank further added. The revised pricing for Tier 1 are as follows;
Afterwards, the rate of KIBOR plus 250 basis points will be charged. The loans with a maturity of more than 15 years will be priced using a bank pricing model.
Under the regulation for extending loans through Naya Pakistan Low-Cost Housing (NPLCH) under Kamyab Pakistan Program (KPP), the SBP removed the requirement of applicants of Tier 1 housing loans to be verified by Naya Pakistan Housing & Development Authority (NAPHDA) through NADRA, for being beneficiaries of Ehsaas.
For news and blogs, visit Graana.com.
Tower 22 is a symbol of luxury and modern life in Lahore and is located…
Karachi, Pakistan – Graana.com, the country’s leading online real estate marketplace, has joined forces with…
Karianwala, a thriving town in the Gujrat District of Pakistan, has a long history from…
In Pakistan's Punjab Province, Balkasar is more than just a village. This colourful community also…
Liaquat Pur is located near the eastern bank of the River Sutlej in the Rahim…
Jheel Park is located in P.E.C.H.S. Karachi. It offers a peaceful haven amidst the busy…
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.
