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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.
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 ...
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.
In 1959, during the presidency of Muhammad Ayub Khan, the house was sold to the Armed Forces of Pakistan for three and a half lakh rupees, with the proceeds deposited into the Jinnah Trust Fund. [3] Since then, the property serves as the official residence for the Corps Commander of Lahore. [2]
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.
South Africa won a bilateral Twenty20 series for the first time in more than two years when it chased down Pakistan's 206 on Friday. Opener Reeza Hendricks' maiden T20 century, 117 off 63 balls ...
Pakistan's former Prime Minister Nawaz Sharif arrived home Saturday on a chartered plane from Dubai, ending four years of self-imposed exile in London as he seeks to rally supporters ahead of ...
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.