Prime Minister Naya Pakistan housing scheme, A great initiative by PTI Government

The housing scheme has been largely ignored by various governments in Pakistan. It never moved beyond mere political slogans. If something was done at the government level, it would not go beyond some desire and dialogue. And not even put it on a drawing table.

   Pakistan currently faces a total housing backlog of 11-12 million housing units. The shortage of urban houses is said to be around 4.4 million. Pakistan’s urban population is one-third of the total population, which is expected to reach 50% by 2050. Most of the urban housing backlog is in low and lower-middle-income segments of the population.

WORKING OF PROJECT

 On the supply-side, the housing developer industry has been active in supplying units. Supply to middle and upper-middle segments of the population. And largely live-in illegal habitat, squatter settlements, and slums (Kitchi Abadi’s). Housing supplies for low and lower-middle segments are commonly termed as Social Housing Segment. The housing market for upper-middle segments of the population is known as Market Housing Segment.

Pakistan’s population has grown rapidly over the past two decades. It has crossed the 200 million mark. According to a study, there is a shortage of about 10 million houses in Pakistan. There is a reason behind this dire situation. In Pakistan poverty is on the rise, making it difficult for people to own a home. To overcome this dilemma, Prime Minister Imran Khan has recently launched the PM Housing Scheme.

It plans to build 500,000 affordable homes with the help of private investors. It is a great initiative if the government succeeds in putting it into practice. The poor get home, nothing can compete for it. This is a wonderful initiative that should be applauded. Today’s Zameen is proud to update you on the good initiative of our government.

REGIONS

The Naya Pakistan Housing Scheme is a great initiative by the Pakistani government.  The aim of this scheme is to offer a housing facility to the people who are homeless. The project is expected to boost economic activity in Pakistan. It creates job opportunities in the construction sector. The houses and buildings will be constructed all across the country.

NPHP Punjab, NPHP Sindh, NPHP Khyber Pakhtunkhwa, NPHP Baluchistan, NPHP Gilgit Baltistan, NPHP Azad Kashmir are the regions of Pakistan where the housing program will be categorized. The cities that will be covered under NPHP are Bahawalpur, Dera Ghazi Khan, Faisalabad, Gilgit, Gujranwala, Islamabad, Jhelum, Karachi, Kasur, Lahore, Layyah, Multan, Muzaffarabad, Muzaffargarh, Quetta, Rahim Yar Khan, Sialkot, Sukku, Swat and Vehari.

SPECIFICATIONS

Data collection depends on these forms of other housing specifications. The design, price, and the site will be decided for applicants. This official flagship project, New Pakistan Housing Program was inaugurated by Prime Minister Imran Khan. The main purpose of this program is to ensure 5 million houses. For the backward and low-paid classes for the next five years of government far off.

According to the Prime Minister, if this program is implemented successfully. This will definitely boost Pakistan’s economy and create a lot of jobs. This Naya Pakistan scheme aims to make homes for the common man. That person whose basic salary is between Rs10,000-25,000 a month. The applicant will submit PKR 250 perform along with this registration form.

PM PROJECT PLAN

The government will provide the land needed for the project. To make it easy for citizens of Pakistan. One window facilitation centers will be made for the proper execution of the project. According to PM Imran Khan, this new housing scheme is the most ambitious and landmark housing policy ever. In a tweet a day after the inauguration, Imran Khan said: We’ve launched our ambitious, historic housing policy to build 500,000 homes in five years. In addition to providing an affordable housing scheme. The less privileged section of our society. Will provide 6 million jobs, create demand in 40 industries directly involved in housing construction, and attract FDI.

The people who want to apply for the Naya Pakistan Housing scheme. And the program can avail themselves of the facility of an online form. It can be download from NADRA official website. The form can be submitted within two months i.e.; from October 22 to December 21. The applicant has to pay a registration fee of Rs. 500. In 250 designated district offices. Only one family member can apply for the New Pakistan Housing Program. These are husbands, wives, or children. Preference will be given to non-independent applicants in Pakistan.

No doubt, this government has very good ideas. A few days ago, the government launched a website to track the Prime Minister’s 100-day agenda. This initiative appears to be great. it promotes transparency of the workings of the government.

ELIGIBILITY CRITERIA 

1. All men/women holding valid CNIC (including Non-Resident Pakistani).
2. First-time homeowner, one unit per household.
3. One individual can have a subsidized house loan facility under
4. Minimum monthly income required 25,000/-
5. Three years proof of business for business individuals and two years proof of business for SEP (self-employed professional).
6. Minimum 2 years employment period for Salaried.

How to apply for Naya housing scheme.

1. From nphp.nadra.gov.pk. download Naya Pakistan Housing Scheme application form.
2.  Fill in all the required details
3. Pay registration fee amounting to rs.250 to the NADRA officer.
4. Submit the application form.
5. Receive your collection receipt from the NADRA officer.
6. You register the application for the Naya Pakistan Housing scheme via the online system as well.
7. Visit nphp.nadra.gov.pk
8. Fill in all the information and pay the fee via debit or credit card.

CONSTRUCTION

First purchase of newly constructed housing unit I-e. the first transfer of title documents. The date of application as established by the completion certificate. In such areas where completion certificate is not available, Belonging to a humbler socio-economic class. On the 10th of October 2018, PM Imran Khan announced the scheme. Under which each of the selected applicants will be provided a house. Applicants can be low-income people and people who do not already have a home.

Project Criteria

For the project, the Government has formed a Naya Pakistan Housing Authority (NPHA). That will provide all the pre-requisite approvals to construction companies. And will look into different matters related to his project plans to survey the unused land in Pakistan. It ensures the construction work can start without any delay. After conducting the survey, NPHA has decided. Bahawalpur, Dera Ghazi Khan, Faisalabad, Gilgit, Gujranwala, Islamabad, Jhelum, Karachi, Kasur, Lahore, Layyah, Multan, Muzaffarabad, Muzaffargarh, Quetta, Rahim Yar Khan, Sialkot, Sukku, Swat, and Vehari.

There are two ways to register for Naya Pakistan Housing is: –

• Online registration
• Registration via NADRA E-Sahulat.
• We will provide all the details about both registration processes.

The online registration process includes the following steps

• First, you have to access this link http://nphp.nadra.gov.pk
• After that you have to sign for Naya Pakistan Housing Scheme.
• in the next step fill the application form given on the website. Upload all the details such as your name, CNIC, number, phone/mobile number, current residence information.
• You have to provide the monthly income detail as well.
• You can also choose the district of your choice, and add the Tehsil / Union Council of your choice where you want a home.
• Choose the installment plan and pay the registration fee of 250.
• You can pay the registration fee via Easy Paisa, Jazz Cash, Credit/Debit Card, and E-Sahulat Center.
• At the end, review all the information and submit the application form.

The Steps for the registration process via NADRA E – Sahulat Center are

• Visit https://nphp.nadra.gov.pk
• Read all the instructions and fill in all the required information. In the form your name, CNIC, number, monthly income, etc.
• After that, visit the nearest NADRA E-Sahulat center. And submit the application. Form to the registration officer at E-Sahulat Centre and submit the application form to the registration officer at E-Sahulat center.
• Pay the registration fee amounting to Rs.250 to the officer and collect the receipt of application submission from the officer.

The documents required for Naya Pakistan Housing Scheme registration are

• 2 passport size photographs
• Copy of CNIC or NICOP card
• Non-refundable application fee of Rs. 250/-
• Duly filled Application form

COMMERCIAL BANKS DETAIL

Chairman New Pakistan Housing and Development Authority (NAPDA) Lt. Gen. (retd) Anwar Ali Haider said on Friday. The six commercial banks that formed the consortium to finance the Prime Minister’s NPHP will start lending from next week. Anwar Ali Haider addressing the seminar under the guidelines laid down by the State Bank of Pakistan (SBP): –

 “Opportunities in Naya Pakistan Housing Scheme for Members of Association of Builders and Developers (ABAD)” via video from Islamabad. Prime Minister Imran Khan and his team were working hard.  Promoting the housing and construction sector in the country.

   While ensuring soft loans and easy availability of land for the construction of low-cost houses. Fulfilling a common man’s lifelong dream of owning a home. He said that New Pakistan Housing Scheme should be made a great success. Federal government had taken important decisions which included a fixed tax regime for builders and developers.90% tax relief and incentives to private banks for financing this revolutionary housing scheme.

Banks have struggled to provide soft financing for low-interest housing. But the government had taken steps to ensure the provision of house-financing loans at 5 to 7% interest rates. The lending banks would get some incentives. I hope that the banks nominated for this housing program will start introducing their products next week. ABAD Chairman Mohsin Sheikhani said: Pakistan is facing a shortage of more than 12 million houses. For the past seven years, ABAD has been working to tackle the problem by providing low-cost, affordable housing. ABAD had provided information about low-cost housing schemes to PM Imran Khan. He had taken this beginning as part of his election manifesto. He made the choice as part of his election manifesto.

 Provision of 5 million low-cost houses to the people of the country. He said that Sindh Chief Minister Syed Murad Ali Shah during a meeting with builders here. The project was promised approval within 15 days of the submission of the final documents. He also promised to provide land for starting low-cost houses in the province. Similar to Punjab and Khyber Pakhtunkhwa.

Zia Gham Rizvi, Chairman, New Pakistan Housing Task Force, said this after taking an in-depth presentation on housing. And in the construction sector, and 72 related industries, the Prime Minister had decided to strongly promote the construction industry.

 This was the only industry that had the potential of providing an enormous number of jobs. It’s too skilled and unskilled workforce along with shelter to the people. He said that Pakistani banks had provided housing loans of only Rs. 106 billion. The last in 70 years, it has been only 0.23% of GDP. Now, the government has developed a 10-year housing plan.

Shabbir Zaidi, a former chairman of the Federal Board of Revenue, said low-cost housing was possible. Only when housing financing was available at very modest interest rates. It would be practical and to provide house financing and land free of cost. He said that for the success of the New Pakistan Housing Program.

HBL’s Head of Islamic Finance Saleemullah Sheikh and Meezan Bank’s General Manager Tanveer Hussain said: “Banks are ready to provide 80% financing for low-interest housing schemes.” Sindh Building Control Authority Director-General Ishkar Dawar said he would approve the building plans. Within 10 days of submission of complete documents and formal documents. And assured all possible cooperation in the implementation of the projects.

Conclusion

This project is quite ambitious likely to cater to the low-middle class of the country quite well. This project is not possible due to the country’s financial situation. As the houses will be built with private sector partnership which means that the private sector has to take loans from commercial banks to develop a project of this stature. The SBP will have to provide some kind of financial subsidy to the builders. Right now, registration for the New Pakistan Housing Scheme is closed.