KARACHI: The housing loans handed out by banks surged by 85 per cent, and were recorded at Rs355 billion housing loans in 2021.
The Rs163 billion increase was accredited to increase the housing finance on the directives of the State Bank of Pakistan (SBP) compared to a total of Rs192 billion approved in 2020.
In this regard, the central bank introduced a set of incentives including – third party guarantees during the construction period, waiver of debt burden ratio (DBR) in case of informal income and the introduction of standard facility offer letters by the banks.
For news and blogs, visit Graana.com.
As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…
Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…
The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…
Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…
The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…
The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…
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.
