{"id":62668,"date":"2020-03-15T10:00:00","date_gmt":"2020-03-15T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62668"},"modified":"2020-03-13T17:51:12","modified_gmt":"2020-03-13T12:51:12","slug":"pmrc-provides-pkr-200m-loan-for-housing-development-thar","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pmrc-provides-pkr-200m-loan-for-housing-development-thar.html","title":{"rendered":"PMRC provides PKR 200 mn loan to facilitate housing development in Thar"},"content":{"rendered":"\n<p>Karachi: The Pakistan Mortgage Refinance Company (<a href=\"https:\/\/www.zameen.com\/news\/pmrc-provide-pkr-4-8-bn-nphp.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"PMRC (opens in a new tab)\">PMRC<\/a>) recently provided PKR 200 million to the Thardeep Microfinance Foundation for housing development in Thar \u2014 with this move being considered a landmark achievement for home financing in the country, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/thar-villagers-to-receive-compensation-worth-pkr-4-2mn-for-vacating-land.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Thar villagers to receive compensation worth PKR 4.2mn for vacating land (opens in a new tab)\">Thar villagers to receive compensation worth PKR 4.2mn for vacating land<\/a><\/p>\n\n\n\n<p>Reportedly, the PMRC sanctioned this loan after its officials payed a visit to the project site. According to the details available, these loans are expected to help housing development in Thar (in terms of the process of incremental housing, to construct roofs, additional rooms, kitchen, and water storage facilities, among other things). To this effect, the PMRC agreed to provide concessional financing through its low-income line to the Thardeep Microfinance Foundation.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/nphp-cabinet-approves-mortgage-policy-for-home-loans-procurement.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"NPHP: Cabinet approves mortgage policy for home loans procurement (opens in a new tab)\">NPHP: Cabinet approves mortgage policy for home loans procurement<\/a><\/p>\n\n\n\n<p>Now, the PMRC is busy leveraging\nits AAA rating and strong credibility to raise additional funding for the\nproject by issuing bonds from the market. <\/p>\n\n\n\n<p>Additionally, it is expected that\nthe mortgage firm will be teaming up with the Naya Pakistan Housing Authority\nto provide necessary infrastructure and low-cost housing across the country. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The Pakistan Mortgage Refinance Company (PMRC) recently provided PKR 200 million to the Thardeep Microfinance Foundation for housing development in Thar \u2014 with this move being considered a landmark achievement for home financing in the country, according to news sources. Read: Thar villagers to receive compensation worth PKR 4.2mn for vacating land Reportedly, the PMRC sanctioned this loan after its officials payed a visit to the project site. According to the details available, these loans are expected to help housing development in Thar (in terms of the process of incremental housing, to construct roofs, additional rooms, kitchen, and water storage facilities, among other things). To this effect, the PMRC agreed to provide concessional financing through its low-income line to the Thardeep Microfinance Foundation. Read: NPHP: Cabinet approves mortgage policy for home loans procurement Now, the PMRC is busy leveraging its AAA rating and strong credibility to raise additional funding for the project by issuing bonds from the market. Additionally, it is expected that the mortgage firm will be teaming up with the Naya Pakistan Housing Authority to provide necessary infrastructure and low-cost housing across the country.<\/p>\n","protected":false},"author":75,"featured_media":62708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012,15013],"tags":[],"persona":[],"class_list":{"0":"post-62668","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"category-construction","9":"cat-15012-id","10":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PMRC provides PKR 200m loan for housing in Thar- Zameen News<\/title>\n<meta name=\"description\" content=\"Pakistan Mortgage Refinance Company (PMRC) recently provided PKR 200 million to the Thardeep Microfinance Foundation for housing development in Thar\" \/>\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\/pmrc-provides-pkr-200m-loan-for-housing-development-thar.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PMRC provides PKR 200m loan for housing in Thar- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Pakistan Mortgage Refinance Company (PMRC) recently provided PKR 200 million to the Thardeep Microfinance Foundation for housing development in Thar\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pmrc-provides-pkr-200m-loan-for-housing-development-thar.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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