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An Insight Into PM Imran Khan’s Naya Pakistan Housing Program

Naya Pakistan Housing Scheme

Naya Pakistan Housing Program is an ambitious development project of Prime Minister Imran Khan to build 5 million low cost houses for the lower middle and lower income stratas of Pakistan who cannot afford to buy their own houses. The project has been officially announced by PM Imran Khan on 10th October 2018, and it has created a lot of buzz in the social and media circles of Pakistan.

We will elaborate on the details of this housing program as to how an average Pakistani will be able to buy his own house in this scheme and how this project will become a driver for economic growth in Pakistan. Although it seems a bit too fanciful and imaginative, yet it has drawn attention of hundreds of thousands of people who live in rented houses across Pakistan.

PM Imran Khan has announced to set up “Naya Pakistan Housing Authority (NPHA)” that will provide one window operation facility to construction companies to obtain all pre-requisite approvals without any hassle. A land bank has also been announced that will gather information of how much government land is lying unused across Pakistan that will be used to build houses. This whole process is likely to be completed by December 2018, and then actual work can begin on construction of houses.

Naya Pakistan Housing Program will work on public-private partnership model, whereby Government land will be provided to private construction companies to build houses for general public under NPHA. General public will have to pay 10% of the cost upfront, while 90% amount will be payable through easy installments spread over a period of 15 to 20 years.

According to PTI, this housing program is a cornerstone in the economic growth of Pakistan. They have outlined the salient features of NPHP which will make housing affordable to people:

  • Increase buying power by providing loans of longer tenure fifteen to twenty years.
  • Reduce cost by standardizing design and specifications.
  • Reduce cost by significantly cutting down the approval time.
  • Develop new communities with access to infrastructure.
  • Reduce the upfront cost of builders by providing them land in installments and minimum time for approvals and infrastructure before start of construction.
  • Provide project loans to builders so that they can complete housing project in the shortest possible time thus improving their ROI and at the same time reduce the investment period thus reducing the overall cost for the end consumer the main objective of this scheme

In the first phase, PM Imran Khan has initiated pilot project in 7 districts of Pakistan, i.e. Sukkur, Quetta, Gilgit, Muzzaffarabad, Swat, Islamabad and Faisalabad. NADRA has been given the task to register people who are interested in Naya Pakistan Housing Program. NADRA has issued a registration form that will need to be submitted with necessary details and registration fee. NADRDA will verify the details and assess the number of deserving applicants who will be given houses in the first phase.

Following are the selected districts with addresses of designated program offices:

NPHP District Offices

Following is the registration form of Naya Pakistan Housing Scheme:

Naya Pakistan Housing Program Registration Form

You can download the form attached above and take out a print. Fill in necessary details and submit at the nominated offices in the selected 7 districts of Pakistan. A nominal fee of 250/- PKR will be charged as registration fee. Forms can be submitted from 22nd October 2018 till 21st December 2018 at the nominated offices. The purpose of registration is to assess the demand of units in a certain location.

Preference will be given to those applicants who do not own any house in Pakistan. The financial model is formulated in such a way that your monthly installments will be less than or equal to the monthly rent cost which you pay in a rented house. Estimated cost of a housing unit will be around 15 to 20 lacs, and payment period will be 15 to 20 years or more.

Since this project is planned to be a public private partnership, private builders from Pakistan as well as international construction companies will join the program and invest bulk of funds to revive the economy of Pakistan. About 3 dozen industries are directly or indirectly linked with construction business, so Naya Pakistan Housing Scheme will create enormous demand for related industries like cement, steel, glass, wood work, tiles, cables, ceramics, hardware, sanitary and many more.

According to the last census, there are just 5 million houses in Pakistan if we combine all major and smaller cities, and there is ready demand for more than 10 million houses. So, the Government will need to exercise all possible solutions including setting up new cities  where a major chunk of population can be shifted in order to ease out the woes of big cities and create alternatives. The plan to build 5 million houses is a bit too fanciful but if the given financial model turns out to be successful and even if 1 million houses could be built over the next 5 years, this development will turn around the economy of Pakistan and create millions of jobs.

Watch the following video of PM Imran Khan announcing Naya Pakistan Housing Scheme and giving brief details of the financial model:

We will share more concrete information as Naya Pakistan Housing Scheme unfolds further. This is the biggest housing venture by any Government in the world and it is by all means practical due to the huge demand of housing in Pakistan. We wish the Government best of luck in this ambitious venture to revive the economy and provide own house to the majority of population.

If you need any further information as to how to download the form, how to fill in, how and where to submit and how this whole process will work, you are most welcome to leave your comments below or email at marketing@manahilestate.com.


This blog post was created on Saturday, October 13th, 2018 by Manahil Estate and Filed Under Tags: , , , , ,