Prime Minister Imran Khan was told that the Chinese government and companies were keen to invest $ 3 billion in the Ravi City project in Lahore and that the investment did not include any kind of loan. PM informed that ANGCC - a Global Investment Consortium, had also offered to invest $ 5 billion in the project on partnership basis. The prime minister, who was presiding over a meeting of the working...
Lahore Development Authority (LDA) has approved the construction of 4,000 apartments under Phase 1 of the Naya Pakistan Housing Scheme. This project will cost approximately Rs. 10 billion and citizens will receive prior facilitation to buy the apartments. All the citizens who would be provided mortgage facility by Naya Pakistan Housing Authority and the commercial banks will now be eligible for...
The government of Pakistan has reduced interest rate by 90% for low-cost houses, while the banks are providing loans on 5% mark-up for 5 marla houses and 7% for 10 marla houses. For this purpose, the loans are being provided by various banks which have also established special desks named “Mera Pakistan Mera Ghar” to facilitate the customers for availing loans and providing information regarding...
Karachi Development Authority (KDA) Director General Asif Ikram said that KDA was ready for joint venture with builders and developers for low-cost housing schemes. “We are trying to provide free land for Naya Pakistan Housing scheme in Sindh,” he said. Habib Bank Limited Head of Islamic Finance Salimullah Shaikh and Meezan Bank General Manager Tanveer Hussain said that banks were ready to...
Real Estate & Stock Market future in Pakistan by Finance Minister, Asad Umar https://youtu.be/zm_rP5fsshU Amnesty Scheme before Benami Act come into force by Asad Umar https://youtu.be/kiI0XLqNj9E Naya Pakistan Housing Scheme in Karachi & contract with ABAD https://youtu.be/mAs52kNAh4c Pakistan's deal IMF and current situation of Interest rate and Currency Exchange...
Prime Minister Imran Khan will perform ground-breaking ceremony of two major housing projects in Islamabad and Quetta (Balochistan) during this month. PM was informed that 110,000 units would be constructed in Quetta and Gwadar The Prime Minister expressed satisfaction over the steady progress being made in the Naya Pakistan Housing Program and the huge interest being evinced by the international...
The prices of the housing units under Naya Pakistan Housing Scheme have been fixed. Media reports said that the rates of the houses have been fixed. Under the scheme, a 3-marla house will be priced at Rs 16.5-17.5 lac while a 5-marla house will be available at Rs 21-23 lac. These homes prices would be paid with some down payment and rest of the amount will be on installments. Govt...
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