{
  "id": 14446844,
  "title": "Cheap Housing Loans Near Rs. 0.5 Trillion",
  "url": "https://urgent.news/2026/10/14/cheap-housing-loans-near-rs-0-5-trillion",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-14T11:57:19.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/10/14/cheap-housing-loans-near-rs-0-5-trillion/"
  },
  "original_language": "en",
  "account": "Pakistan's government housing initiative, Apna Ghar, has approved 75,198 housing loans amounting to Rs. 448 billion, but only disbursed Rs. 76 billion to 14,000 applicants. Prime Minister Shehbaz Sharif emphasized the discrepancy between loan approvals and disbursements during a high-level meeting in Islamabad. He directed banks and government agencies to streamline housing loan processes and boost financing accessibility. The government aims to provide Rs. 700 billion in housing loans for 125,000 residential units this year, with processing times reduced to 15 working days and document requirements trimmed from 25 to five. Sharif tasked officials to facilitate applicants in providing necessary information and obtaining title deeds for unencumbered properties. He urged banks with subpar lending performance to enhance their results, while those contributing more to priority sectors were encouraged. Agricultural credit has reached Rs. 1.352 trillion, benefiting 3.455 million people, with a target of increasing it to Rs. 1.5 trillion and beneficiaries to 4.5 million by June 2027. In the SME sector, over 352,000 businesses received Rs. 1.137 trillion in loans, with a goal of reaching Rs. 1.5 trillion in lending and 575,000 borrowing businesses by June 2027. Additionally, Sharif directed the conversion of inactive Pakistan Agricultural Storage and Services Corporation (PASSCO) warehouses into public-private partnerships to boost storage capacity and secure farmers' produce storage.",
  "summary": "Pakistan’s Apna Ghar housing scheme has approved 75,198 loans worth Rs. 448 billion, but only Rs. 76 billion has been … Read More The post Cheap Housing Loans Near Rs. 0.5 Trillion appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}