▫️ Policy aims to address housing shortfall of around 13 million units as Rs 65 billion disbursed to first time homebuyers nationwide
▫️ ملک میں ایک کروڑ 30 لاکھ رہائشی یونٹس کی کمی پر قابو پانے کا ہدف، پہلی مرتبہ گھر خریدنے والوں کو 65 ارب روپے فراہم کیے جا چکے
Islamabad | ReNews PakistanThe Ministry of Housing and Works has formally launched the National Housing Policy 2025, marking the country’s...
Islamabad | ReNews Pakistan
The Ministry of Housing and Works has formally launched the National Housing Policy 2025, marking the country’s first comprehensive update to its national housing framework in nearly 25 years.
The policy was unveiled at a ceremony held at the National University of Sciences and Technology (NUST) in Islamabad in collaboration with UN Habitat Pakistan.
Federal Minister for Housing and Works Riaz Hussain Pirzada said Rs 65 billion had so far been provided to first time homebuyers across the country, highlighting the government’s efforts to improve access to housing finance.
Federal Minister Musadik Malik said the new policy was expected to help reduce Pakistan’s housing shortfall, which is estimated at around 13 million residential units.
The National Housing Policy 2025 is aimed at providing a broader framework for addressing the country’s growing housing needs, with a focus on affordability, access to finance and the expansion of adequate housing opportunities.
Officials said the policy represents a major step towards updating Pakistan’s housing strategy after a gap of nearly a quarter of a century and is intended to provide a coordinated approach to tackling the widening gap between housing demand and supply.
The initiative has been developed by the Ministry of Housing and Works in partnership with UN Habitat Pakistan, bringing together policy measures intended to support affordable and sustainable housing development across the country.