ENHANCING THE EASE OF MAKING & BUILDING YOUR OWN HOME – Ukaaj.com | A great real estate is HERE !

ENHANCING THE EASE OF MAKING & BUILDING YOUR OWN HOME

  • 6 months ago
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ENHANCING THE EASE OF MAKING & BUILDING YOUR OWN HOME

Previously the borrowing limit was Rs 5 Million to finance a house of 125 to 250 square yards (5 to 10 marla) & apartment with a covered area of 2,000 square ft Now the amount is Rs 10 million as the government increased this amount you can borrow under the central bank’s markup subsidy.

The government has also increased the limit for smaller houses, with covered areas of 125 square yards or for apartments with a covered area of 1,250 square feet.

The markup rate to 3% for all the housing units that fall in projects approved by the Naya Pakistan Housing Development Authority.

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