25/09/2025
The federal government has launched a new subsidized housing finance scheme, “Mera Ghar - Mera Ashiana,” targeting Pakistan’s middle and lower-income groups in a bid to make homeownership more accessible amid soaring property prices.
Outlined in a circular issued by the State Bank of Pakistan to commercial banks, the Housing Building Finance Corporation, and microfinance banks, the scheme is designed to address the country’s deepening housing affordability crisis.
Over the past five years, property prices have surged to unprecedented levels, with even modest homes in Karachi now costing at least Rs. 10 million. This sharp rise, fueled by unchecked speculative investment and the influx of black money, has pushed homeownership out of reach for most Pakistanis, especially those in the middle and lower-middle classes.
