Low-cost NPHP apartments in Farash Town, Islamabad balloted<\/a><\/p>\n\n\n\nThe government has contracted with numerous home finance and mortgage providers to market their subsidised loan products for a tenure of up to 20 years. <\/p>\n","protected":false},"excerpt":{"rendered":"
Karachi: Dubai Islamic Bank (DIB) and Pakistan Mortgage Refinance Company (PMRC) have struck an agreement for providing fixed-rate concessional funds to boost home finance and meet the government’s Mera Pakistan, Mera Ghar (MPMG) initiative\u2019s lending objectives, news sources reported. In this regard, PMRC would provide DIB with PKR 3 billion.\u00a0\u00a0 Read: PM launches Naya Pakistan Sehat Card in Faisalabad Reportedly, this sum will be used by the DIB to increase the flow of funding to the middle- and low-income groups. The majority of such bank loans will be made to low-income people for home financing. On the occasion, DIB President & Chief Executive Officer (CEO) Junaid Ahmed stated that the alliance will be beneficial to Pakistan’s housing industry and will increase building activities and allied industries.\u00a0 It is critical to recall that the government started the NPHP and MPMG programmes with the goal of providing 5 million units to low-income families.\u00a0 Read: Low-cost NPHP apartments in Farash Town, Islamabad balloted The government has contracted with numerous home finance and mortgage providers to market their subsidised loan products for a tenure of up to 20 years. <\/p>\n","protected":false},"author":84,"featured_media":74583,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[51773],"persona":[],"class_list":{"0":"post-85038","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-mortgaging-and-housing-finance","9":"cat-15013-id"},"acf":[],"yoast_head":"\n
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