The government is set to establish a Real Estate Regulatory Authority (RERA) to oversee Pakistan’s largely unregulated property sector, as Prime Minister Shehbaz Sharif on Wednesday directed authorities to accelerate reforms aimed at expanding access to affordable housing. A meeting on the affairs of the Federal Ministry of Housing and Works, chaired by Prime Minister […]
Housing loans
State Bank of Pakistan allows banks, DFIs to provide loans
In order to promote housing finance and provide maximum facilities to the customers, the State Bank of Pakistan (SBP) has issued guidelines for banks and development finance institutions (DFIs) and allowed them to provide loans for purchasing a housing unit in under-construction projects, a statement issued from the central bank said. The statement says that […]