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The company was launched as a student housing business in Delhi NCR with a capacity of 100 beds, and grew to 14 cities by 2019. By early 2020, the company began catering to working professionals as well. [4] The company has a combined inventory of 70,000 beds under management for both students and working professionals. [5]
Federal Government Employee Housing Authority (earlier FGE Housing) Foundation) was established as a cell in Ministry of Housing & Works in 1989. Later on, it was registered with the Security and Exchange Commission of Pakistan as a Public Limited Company on 26th March 1990 under Companies Ordinance, 1984.
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.
Pakistan Employees Cooperative Housing Society (PECHS), Block 2 (biggest block of PECHS) is a neighborhood in Karachi East district of Karachi, Pakistan. It was founded by Mehmood Ahmad Nizami in 1950, three years after Pakistan was founded by Quaid-e-Azam Mohammad Ali Jinnah .
The Math and Mission run 748 educational institutions (including 12 colleges, 22 higher secondary schools, 41 secondary schools, 135 schools of other grades, 4 polytechnics, 48 vocational training centres, 118 hostels, 7 orphanages, etc.) with a total student population of more than 2,00,000.
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]
Housing in India varies from palaces of erstwhile maharajas, to modern apartment buildings in big cities, to tiny huts in far-flung villages. The Human Rights Measurement Initiative [ 1 ] finds that India is doing 60.9% of what should be possible at its level of income for the right to housing .
Public housing in Pakistan (1 C, 1 P) R. Residential buildings in Pakistan (5 C, 2 P) S. Squatting in Pakistan (9 P) Pages in category "Housing in Pakistan"