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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.
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]
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]
OYO Rooms (stylised as OYO), also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces. [7] [8] [9] Founded in 2012 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels. [1]
This deficit is projected to worsen if current trends persist, with the five largest cities in Pakistan expected to account for a staggering 78 percent of the overall housing deficit by 2035. [4] In 2020, SBP estimated that the total housing deficit in 2020 stood at a staggering 10.3 million units, with urban areas facing a revised shortfall of ...
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 .
Bangalore is the home of India's first electric car brand, Reva was acquired by a large domestic car company, Mahindra & Mahindra. Several startups in automotive services, marketplaces are situated in the city. On-demand taxi service, Ola Cabs, a Unicorn, originated in the city and acquired its early competition and peer, taxiforsure. Bounce is ...
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]