{"id":54498,"date":"2019-08-20T12:54:09","date_gmt":"2019-08-20T07:54:09","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=54498"},"modified":"2019-08-20T15:42:15","modified_gmt":"2019-08-20T10:42:15","slug":"cabinet-expected-approve-housing-loan-contract-today","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html","title":{"rendered":"Cabinet expected to approve housing loan contract today"},"content":{"rendered":"

Islamabad: The federal cabinet is expected to give its approval to the Ministry of Housing & Works to award PKR 5 billion interest-free loan contract to a single bidder under the government\u2019s low-cost housing scheme, a news source reported. The cabinet is likely to provide the approval during its session scheduled for today (Tuesday).<\/p>\n

Read<\/strong>:\u00a0NPHP – Cabinet approves mortgage policy for home loans procurement<\/a><\/p>\n

Previously, the Ministry of Housing & Works had approached the cabinet seeking its approval for the loan contract as part of Prime Minister (PM) Imran Khan\u2019s Naya Pakistan Housing Programme (NPHP)<\/a>.<\/p>\n

Previously, the federal government had expressed its intention to initiate an interest-free housing loan scheme for the NPHP project. It had initially talked about disbursing a sum of PKR 5 billion for this purpose, but this amount is likely to increase as per need.<\/p>\n

The authorities concerned had invited bids for the loan financing. Akhuwat came through as the only microfinance institution and non-governmental organisation (NGO) during the bidding process.<\/p>\n

The Public Procurement Regulatory Authority (PPRA) was approached for its opinion on receiving the single bid. Upon receiving the PPRA\u2019s comments, the Ministry of Housing & Works proceeded on the matter.<\/p>\n

Read<\/strong>:\u00a0MoU signed for construction of 500,000 NPHP houses<\/a><\/p>\n

Akhuwat qualified as the service provider organisation and recently accepted the draft detailing the service agreement.<\/p>\n

The final draft, which was mutually agreed upon by the authorities concerned, has been submitted to the cabinet for approval. The cabinet may announce its formal approval of this draft during its session today.<\/p>\n","protected":false},"excerpt":{"rendered":"

Islamabad: The federal cabinet is expected to give its approval to the Ministry of Housing & Works to award PKR 5 billion interest-free loan contract to a single bidder under the government\u2019s low-cost housing scheme, a news source reported. The cabinet is likely to provide the approval during its session scheduled for today (Tuesday). Read:\u00a0NPHP – Cabinet approves mortgage policy for home loans procurement Previously, the Ministry of Housing & Works had approached the cabinet seeking its approval for the loan contract as part of Prime Minister (PM) Imran Khan\u2019s Naya Pakistan Housing Programme (NPHP). Previously, the federal government had expressed its intention to initiate an interest-free housing loan scheme for the NPHP project. It had initially talked about disbursing a sum of PKR 5 billion for this purpose, but this amount is likely to increase as per need. The authorities concerned had invited bids for the loan financing. Akhuwat came through as the only microfinance institution and non-governmental organisation (NGO) during the bidding process. The Public Procurement Regulatory Authority (PPRA) was approached for its opinion on receiving the single bid. Upon receiving the PPRA\u2019s comments, the Ministry of Housing & Works proceeded on the matter. Read:\u00a0MoU signed for construction…<\/p>\n","protected":false},"author":68,"featured_media":34938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[12631],"persona":[],"class_list":{"0":"post-54498","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-cabinet-expected-to-approve-housing-loan-contract-today"},"acf":[],"yoast_head":"\nCabinet expected to approve housing loan contract today - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The federal cabinet is expected to give its approval to the Ministry of Housing & Works to award PKR 5 billion interest-free loan contract\" \/>\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\/cabinet-expected-approve-housing-loan-contract-today.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet expected to approve housing loan contract today - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The federal cabinet is expected to give its approval to the Ministry of Housing & Works to award PKR 5 billion interest-free loan contract\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-20T07:54:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-08-20T10:42:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/02\/goP.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Safina Sultan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Safina Sultan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cabinet expected to approve housing loan contract today - Zameen News","description":"Islamabad: The federal cabinet is expected to give its approval to the Ministry of Housing & Works to award PKR 5 billion interest-free loan contract","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html","og_locale":"en_US","og_type":"article","og_title":"Cabinet expected to approve housing loan contract today - Zameen News","og_description":"Islamabad: The federal cabinet is expected to give its approval to the Ministry of Housing & Works to award PKR 5 billion interest-free loan contract","og_url":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html","og_site_name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2019-08-20T07:54:09+00:00","article_modified_time":"2019-08-20T10:42:15+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/02\/goP.png","type":"image\/png"}],"author":"Safina Sultan","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Safina Sultan","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html"},"author":{"name":"Safina Sultan","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/0f7ad58ef43a9c16d70bfd31d586f512"},"headline":"Cabinet expected to approve housing loan contract today","datePublished":"2019-08-20T07:54:09+00:00","dateModified":"2019-08-20T10:42:15+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html"},"wordCount":264,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/02\/goP.png","keywords":["details on Cabinet expected to approve housing loan contract today"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html","url":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html","name":"Cabinet expected to approve housing loan contract today - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/02\/goP.png","datePublished":"2019-08-20T07:54:09+00:00","dateModified":"2019-08-20T10:42:15+00:00","description":"Islamabad: The federal cabinet is expected to give its approval to the Ministry of Housing & Works to award PKR 5 billion interest-free loan contract","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/02\/goP.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/02\/goP.png","width":600,"height":350},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/cabinet-expected-approve-housing-loan-contract-today.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Cabinet expected to approve housing loan contract today"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/0f7ad58ef43a9c16d70bfd31d586f512","name":"Safina Sultan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/41ef23ce0eab3597842e7f43d50bc919f73ac1f4e11afa5f19ca36f6e55f832f?s=96&d=mm&r=g","caption":"Safina Sultan"},"description":"Safina Sultan is a Content Developer at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/safina"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/54498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/68"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=54498"}],"version-history":[{"count":2,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/54498\/revisions"}],"predecessor-version":[{"id":54502,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/54498\/revisions\/54502"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/34938"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=54498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=54498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=54498"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=54498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}