KARACHI: In a bid to facilitate individual buyers, the State Bank of Pakistan (SBP) eases conditions, allowing them to acquire loans for residential units in under-development projects.
Apart from this, the builders can also avail construction finance, as per the new conditions revealed in a notification. The notification by the SBP highlighted that purchasers of homes would be financed against their housing units, and the developer might not receive construction financing for the same.
Under such circumstances, it will be the developer’s responsibility to create a mortgage charge in favor of the Development Financial Institution (DFI) for the project’s land.
For news and blogs, visit Graana.com.
Kalabagh, a small yet historically significant town in Pakistan’s Punjab province, is located within the…
Nazimabad Number 2 is a well-known neighbourhood in Karachi, Pakistan, renowned for its vibrant community,…
Quetta Town is a residential neighbourhood located in the vibrant city of Karachi, Pakistan. Known…
Akbar Chowk in Lahore stands as one of the city’s most critical intersections, serving as…
Khuda Baksh Colony, located near Bhatta Chowk in Lahore, is a rapidly developing residential area…
Gol Market in Karachi is one of the city's most iconic and bustling commercial centres.…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
