Naya Pakistan Housing Scheme: Construction Documents
Naya Pakistan Housing Scheme: Construction Documents
Naya Pakistan Housing Scheme: Construction Documents
CONSTRUCTION DOCUMENTS
SALIENT FEATURES:
The salient features of this housing are to make housing affordable to people are the
following:
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.
It is envisaged that by the above measures the cost would be 15 to 20% lower than the
current market price and by providing long term loans we would enhance the number of
people who can afford housing by 100% in the first three years. The current situation is
about half a million people can afford to buy homes and apartments every year.
This initiative will also help us on delivering the promise for 10 million jobs as these
house alone which is an additional 3 million houses over the next five years with each
house creating 20 jobs per year means an additional 60 million job-years which means
12 million jobs a year, in unskilled, semi-skilled and skilled category plus another 1 to
1.5 million jobs in related industry and service industry.
This initiative would mean doubling the capacity at least of all construction related
industry.
This initiative would also mean another one to three hundred thousand jobs in the
service industry that is banking, security, maintenance, insurance etc.
This initiative alone would also jumpstart the economy as it will be prove to be the
biggest growth engine for the economy. The contribution to the country’s economy from
the housing sector alone, allied industry and services would be 15 trillion Rupees. (If
each unit is valued at 3 million rupees on an average). This would mean an addition of
more than 8 to 9 trillion rupees over 5 years above the existing contribution.