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PM launches Naya Pakistan Housing Programme’s registration phase-II

Prime Minister Imran Khan says an ordinance related to foreclosure laws will be put before cabinet for approval to pave the way for housing finance.

Addressing registration ceremony of Naya Pakistan Housing Program in Islamabad this afternoon (Monday), he said housing sector in Pakistan has lagged behind the regional countries due to lack of mortgage facilities to people by banks.

Imran Khan said housing is a basic need and there is a demand of ten million housing units in the country, but salaried class is not able to build their homes due to lack of resources.

He said affordable housing will be provided to people who otherwise are not able to bear the high costs of constructing a house.

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