Table of Contents

SBP Shares Statistics on Financing to Construction Sector

Thursday in Karachi, the State Bank of Pakistan’s (SBP) lending to the housing and construction sector increased by an unprecedented 85 percent in 2021. (January 6).

Read: Rawalpindi’s Infrastructure Project’s Construction Cost Increased

According to the sources, SBP has revealed that the bank’s outstanding construction industry credit has increased from PKR 163 billion to PKR 353 billion in the current year. In addition, the prime minister’s housing program dubbed as “Mera Pakistan, Mera Ghar” has increased its loan costs to PKR 38 billion. The housing initiative was introduced in October of 2020 to stimulate the housing market. The purpose of this program is to offer low-income families with building loans at affordable interest rates.

Read: Balloting in DHA Quetta to Be Held Soon

The SBP has mandated that the banks increase their housing and construction portfolios to 5% by December 2021. The central bank has also implemented compliance incentives and penalties. SBP also developed a conducive regulatory framework for banks to increase home finance, including the Debt Burden Ratio (DBR) for informal income and the acceptance of third-party guarantees throughout the building process. They also supported the implementation of standard facility offer letters by banks. Bank Al Habib, Meezan Bank, and Habib Bank were the principal contributors to the rapid expansion of housing and construction funding.

For further news and updates please visit: Al Sadat Marketing.

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Leave a Reply

Your email address will not be published. Required fields are marked *