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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.
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 ...
Defence Housing Authority (DHA) (Urdu: ڈیفنس ہاؤسنگ اتھارٹی) is a Pakistan Army-administered real-estate developer that governs housing and municipal services for Defence neighbourhoods across Pakistan.
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.
Real Estate Real estate holding & development Islamabad: 1999 State-owned real estate developer S A PICIC Commercial Bank: Financials Banks Karachi: 1993 Defunct 2007, merged into NIB Bank: P D Port Qasim Authority: Industrials Transportation services Karachi: 1980 State-owned Port Qasim, Karachi seaport operations S A PTCL: Telecommunications
Bahria Town (Private) Limited (Urdu: بحریہ ٹاؤن) is an Islamabad-based privately owned real-estate development company which owns, develops and manages properties across Pakistan. [2] [3] It established its first gated community in Islamabad. [4] Its second gated community opened in Lahore. In 2015, it launched Bahria Town Karachi, the ...
The Centaurus is a mixed use real estate development in the city of Islamabad, Pakistan. The project includes a 26-floor hotel, three 22-floor residential and office towers, and a four-floor shopping mall. [4]
By 2013, Pakistan's cement industry grew rapidly, driven by demand from Afghanistan and countries boosting the real estate sector. In April 2020, the government introduced an incentive package for the construction industry, including an amnesty scheme, tax exemptions, and a Rs 36 billion subsidy for Naya Pakistan Housing Scheme .