NAYA PAKISTAN HOUSING PROGRAM Naya Pakistan Housing Program, a government project promoted by the Pakistan Tehreek-e-Insaaf-led government, promotes housing. This project provides affordable housing for the homeless or low-income households. The project would also help improve Pakistan’s economy by offering youth employment opportunities. The housing sector was not a priority for previous governments in Pakistan. They didn’t even have any discussion in parliament about the issue. It was more than just a political campaign.
NAYA PAKISTAN HOUSING PROGRAM Apply Online
This is based on the Islamic finance mode of Diminishing Musharakah. The Frontier Housing Programme (NPHP), will build 1,175 houses at six locations. The Frontier […] will build 1,175 homes at six locations under this initiative. According to a statement made here Tuesday, the chief minister stated that the Naya Pakistan Housing Scheme is a flagship project of the incumbent government and would provide affordable housing to all.
NAYA PAKISTAN HOUSING AND DEVELOPMENT AUTHORITY
Imran Khan’s new initiative for Housing and Allocation to the Lower Middle Class is setting new standards. Naya Pakistan Housing Scheme, in this time of inflation and post-covid-19, is a breath of fresh oxygen in Pakistan’s highly rated realty market.
Naya Pakistan – نیا پاکستان
This Grand Project houses nearly 40 million families, primarily from the lower middle class. It’s great news for all those who have been waiting to register for the Naya Pakistan Housing Program. Today Imran Khan launches the online registration process for the Naya Pakistan Housing Scheme across Pakistan. U Microfinance Bank Islamic Banking provides Shari’ah-compliant Housing Finance facilities to individuals under the Government’s Profit rate subsidy scheme.
Chief Minister Mahmood Khan Being Briefed About
The government established Naya Pakistan Housing & Development Authority, (NAPHDA), by a Parliament Act on 15 January 2020. Post Views 41 LAHORE: The ground-breaking ceremony for the 4,000 LDA City Nayapak apartments project was performed by Prime Minister Imran Khan.
Naya Pakistan Housing Scheme Islamabad:
While addressing a meeting about the Naya Pakistan Housing Scheme, the chief minister gave the directives. The meeting was attended by Shahab Ali Shah, the additional chief secretary, administrative secretaries, and other high-ranking officials. It reviewed progress on various housing projects.
Naya Pakistan Housing Program 2022
The project is also called “Mera Pakistan Mera Ghar” and several banks manage the financial scheme. We have also tried to make it easy for anyone to apply and understand the Naya Pakistan Housing Scheme. Today, Imran Khan Speed stated that the Housing Scheme is for poor families in Pakistan and that he would like to see every Pakistani have his own home.
Naya Pakistan Housing Program 2022 Online Registration Form
This entity was created by the Government for planning, development, and construction purposes. The Lahore Development Authority, in collaboration with Naya Pakistan Housing and Development Authority, will pay a sum.
NAYA PAKISTAN HOUSING SCHEME Archives
Mahmood Khan gave instructions to the concerned authorities to resolve the land issues related to these housing schemes and set the timeline for the groundbreaking Peri-Urban Housing Schemes. This project is also known as “Mera Pakistan Mera Ghar”, with various banks leading the financial scheme.
Basic Product Purpose:
- For purchase of House or a Flat or an Apartment
- For purchase of land for house construction
- For house construction on the customer’s land
- Expansion in an existing house or for structural improvement
Eligibility Criteria:
- Pakistani Resident having valid CNIC
- Age limit 25-60 years (at the time of finance application)
- First-time Homeowner
- Minimum monthly income of Rs.25,000
Salient Features:
- Finance facility from PKR 500,000 to PKR 2,000,000
- Financing tenure from 5 to 20 years
- Financing repayment in equal monthly installments
- Income clubbing is allowed with immediate family members
- In line with SBP’s direction regarding this scheme, the financed housing unit will be mortgaged in the favor of UMBL.
Financing facility available for:
- House up to 125 sq. yards (5 Marla) and
- Flat/Apartment with a maximum covered area of 1,250 sq ft.
Chief Minister Mahmood Khan Being Briefed About
We have also tried to make it easy for anyone to apply and understand the Naya Pakistan Housing Scheme. Imran Khan Today speed at Islamabad Project Zone 4. The scheme is open to the middle class as well as salaried people in Pakistan.
Profit Rate:
| First 05 years | 5% |
| 06-10 years | 7% |
| Above 10 years | KIBOR + 7% |
Naya Pakistan Housing Program 2022
It is now the Developing Arm of the Government and has several goals in the housing and infrastructure development sector. It operates in the country on both a profit- and a nonprofit basis. It also plans to offer a Facilitation Centre, which will provide a one-stop service for real estate investors and builders.
How to Register Online:
Step 1
- The registration fee for an online application is Rs.250 which can be paid at any NADRA e-Sahulat, Easy Paisa, or Jazz cash Franchise network.
- You Can Search for Franchises near Your
- Note: Franchisee Timing 10:00 am To 10:00 pm.
- After Payment kindly takes the Payment slip.
Step 2.
- After payment please either register for NPHP yourself or visit the nearest NADRA E-Sahulat Franchisee to register for NPHP without any additional fee.
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Required Documents:
- Original CNIC
- Passport size photo (recent)
- Proof of income
- Title documents of the property to be mortgaged
- Offered property should be free from any bar and charges
Tentative Installment Plan:
(Above mentioned installment amounts are calculated for the first 05 years)