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Housing in Pakistan has always been insufficient due to a growing population (which is 241.49 million as per the 2023 Pakistani Census) [2] and accelerated by urbanisation combined with the housing problem being low-priority in the eyes of the government. [1] [3] Housing is an important element of real estate in Pakistan.
Al-Hamra Avenue is a residential housing scheme being developed in Zone-V of Islamabad located on Lehtrar Road leading to PINSTEC and approx. 20 minutes drive from Islamabad Serena Hotel. [1] Located at Mouza Ara and Chirah Zone-V, the project covers 1074 kanals of land with 626 residential plots. [2]
The PHA Foundation, (موَسسہ پی ایچ اے) short form for Pakistan Housing Authority Foundation, (Urdu: پاکستان موَسسہَ اختیاریہ برائے اقامت کاری) is a government body based in Islamabad, Pakistan, with offices in Lahore) and Karachi
Real estate in Pakistan underwent a boom during the early and mid 2000s when Overseas Pakistanis started sending substantial amounts of their savings back home after 9/11. As of 2019, statistics reveal that an average 500 yards plot in DHA Islamabad is priced between ₨20-25 million. Pakistan's leading property portal "Zameen" reported in ...
DHA Valley is a joint venture between DHA Islamabad, Bahria Town, and Habib Rafiq. The plan includes a secure community with parks, utilities, commercial shopping, schools, mosques, and a hospital. [3] The project's master plan was designed by the California-based company OJMR Architects. [4]
DHA, Islamabad form under Gazette of Pakistan dated 19 March 2013 passed by Parliament Act no XII of 2013. DHA, Lahore form under Extraordinary Gazette of Pakistan Part-I dated 19September 2002. DHA, Multan
To assist the real-estate sector, the Government of Pakistan announced a reduction in interest rates on mortgage loans in 2012. [1] [2] In 2017, the housing gap in Punjab, one of the largest provinces of Pakistan, was around 2.3 million units, this figure is expected to reach the figure of 11.3 million units by the end of 2047. [3]
House Building Finance Company was founded in 1951. Before the independence of East Pakistan, it was headquartered in Dacca. [3] It was incorporated as a corporation on 25 July 2007 and is jointly owned by the State Bank of Pakistan (90.31 percent) and Government of Pakistan (9.69 percent). [2]