The Government of Pakistan has launched the Affordable Housing Scheme 2025, a big initiative to assist low- and medium-income families with homeownership. With up to PKR 3.5 million (35 lakh) loans and a liberal 20-year repayment schedule, this scheme seeks to make housing more affordable nationwide.
Overview of the Housing Scheme 2025
This program is one of the government’s long-term plans to diminish homelessness and foster economic growth by increasing activity in the construction industry. The program has been assigned PKR 100 billion, with subsidies of PKR 72 billion made available to facilitate and simplify home financing at affordable prices.
Loan Amount and Markup Rates
The applicants who meet the criteria are eligible for loans with the following conditions:
Loan Amount: Up to PKR 3.5 million (35 lakh)
Repayment Term: 20 years
Markup for PKR 2 million loan: 5%
Markup for PKR 3.5 million loan: 8%
First 10 Years: Markup of only 2%
Next 10 Years: 5%–8% depending upon the size of the loan
Equity Contribution: 10% of the loan amount by the applicant
Who Will Benefit?
The government plans to offer this housing assistance to 50,000 individuals in the first phase. The program benefits:
First-time homebuyers
Low- and medium-income families
Widows and women-headed families
Individuals with disability
Orphan guardians
Tenants paying rent now
Anticipated Eligibility Requirements
To be eligible under the scheme, the applicants are anticipated to fulfill the following:
Should be a Pakistani national
Age should be 21 to 60 years
Should not already own a property
Should be capable of providing 10% equity
Should furnish evidence of income (salary receipt, bank statement, etc.)
Special groups given preference (widows, disabled, etc.)
Loan Disbursement and Procedure
Loans shall be extended under the newly formed Pakistan Investment Bank, which will function on Islamic banking lines. The procedure shall be made transparent and with alliances of private organizations so as to reach more people and speed up approvals.
Government Vision
The scheme is a part of an overall economic plan to:
Increase home ownership
Provide employment opportunities in the building sector
Elevate low-income households
Empower women and vulnerable sections
Government House Loan Scheme 2025
The Affordable Housing Scheme 2025 is a golden opportunity for Pakistanis who have been dreaming of owning a home. With the low markup rates, long-term repayment schedules, and government support, this scheme can make dreams come true.
