{"id":50924,"date":"2019-03-30T10:00:59","date_gmt":"2019-03-30T10:00:59","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=50924"},"modified":"2020-01-28T12:21:26","modified_gmt":"2020-01-28T12:21:26","slug":"nphp-wb-sbp-will-provide-financial-assistance-project-start-next-month-pm-khan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/nphp-wb-sbp-will-provide-financial-assistance-project-start-next-month-pm-khan.html","title":{"rendered":"NPHP \u2013 WB, SBP will provide financial assistance, project to start next month: PM Khan"},"content":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan has announced that the construction of five million homes will begin in April under the Naya Pakistan Housing Programme (NPHP), a news source reported. He added that the World Bank (WB) and the State Bank of Pakistan (SBP) will provide valuable financial assistance for this purpose.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/govt-to-launch-nphp-in-lahore-faisalabad-next-month.html\" target=\"_blank\" rel=\"noopener noreferrer\">Govt to launch NPHP in Lahore, Faisalabad next month<\/a><\/p>\n<p>PM Khan also told the government is also seeking the private sector\u2019s help for the low-cost housing initiative. He said that the private sector should engage actively in this programme.<\/p>\n<p>The PM informed that Chinese and Malaysian companies have expressed their interest in NPHP. He also lauded the response of the overseas Pakistanis.<\/p>\n<p>The low-cost housing initiative will positively impact the country\u2019s economy, the PM told. He added that the economy will improve as more than 40 industries are directly related to housing.<\/p>\n<p>While briefing the International Conference on Housing, PM Khan told that government is formulating foreclosure laws in collaboration with the central bank. He said this will compensate the lack of mortgage facilities for low-income groups in the country.<\/p>\n<p>Read:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/private-housing-societies-may-reserve-land-for-nphp.html\" target=\"_blank\" rel=\"noopener noreferrer\">Private housing societies may reserve land for NPHP<\/a><\/p>\n<p>He added that the housing scheme will experience an incremental increase each year after its launch. He commented that government will merely play its role as a facilitator as the private sector will help in achieving this huge goal.<\/p>\n<p>In further details, PM Khan said that concealing of land ownership would be declared as a criminal offence, and government plans to uplift the squatter settlements in Pakistan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan has announced that the construction of five million homes will begin in April under the Naya Pakistan Housing Programme (NPHP), a news source reported. He added that the World Bank (WB) and the State Bank of Pakistan (SBP) will provide valuable financial assistance for this purpose. Read:\u00a0Govt to launch NPHP in Lahore, Faisalabad next month PM Khan also told the government is also seeking the private sector\u2019s help for the low-cost housing initiative. He said that the private sector should engage actively in this programme. The PM informed that Chinese and Malaysian companies have expressed their interest in NPHP. He also lauded the response of the overseas Pakistanis. The low-cost housing initiative will positively impact the country\u2019s economy, the PM told. He added that the economy will improve as more than 40 industries are directly related to housing. While briefing the International Conference on Housing, PM Khan told that government is formulating foreclosure laws in collaboration with the central bank. He said this will compensate the lack of mortgage facilities for low-income groups in the country. Read:\u00a0Private housing societies may reserve land for NPHP He added that the housing scheme will experience an incremental&hellip;<\/p>\n","protected":false},"author":68,"featured_media":42998,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11138],"persona":[],"class_list":{"0":"post-50924","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-nphp-wb-sbp-will-provide-financial-assistance-and-project-to-start-next-month-pm-khan"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NPHP \u2013 WB, SBP will provide financial assistance, project to start next month: PM Khan - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Prime Minister (PM) Imran Khan has announced that the construction of five million homes will begin in April under the Naya Pakistan Housing\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/nphp-wb-sbp-will-provide-financial-assistance-project-start-next-month-pm-khan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NPHP \u2013 WB, SBP will provide financial assistance, project to start next month: PM Khan - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Prime Minister (PM) Imran Khan has announced that the construction of five million homes will begin in April under the Naya Pakistan Housing\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/nphp-wb-sbp-will-provide-financial-assistance-project-start-next-month-pm-khan.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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