Prime Minister Shehbaz Sharif has instructed relevant authorities to implement practical and immediate measures to ensure the effective delivery of house finance facilities directly to the common man.
This directive was issued during a high-level meeting he chaired on the affairs of the Ministry of Housing and Works in Islamabad on March 18, 2026. The focus remains on making affordable housing accessible, particularly for low-income segments of society, as part of the government’s broader commitment to public welfare and economic stability.
Emphasis on Affordable Housing Priorities
The Prime Minister highlighted that providing housing solutions for low-income groups, launching affordable housing projects, encouraging private sector participation, and upgrading public infrastructure stand as key government priorities. He stressed the need for swift action to translate these goals into tangible benefits for ordinary citizens facing housing challenges.
Reforms and Collaborative Efforts Underway
The meeting received a detailed briefing on the Ministry of Housing and Works’ strategic roadmap. Key updates included ongoing reforms in the tax structure for the construction sector, with consultations between the Federal Board of Revenue (FBR) and provincial governments aimed at standardizing taxes.
A policy framework is being developed for constructing homes for low-income groups through public-private partnerships. Additionally, plans are advancing to establish a Real Estate Regulatory Authority to introduce clear rules and regulations for the real estate and housing sectors.
The Ministry of Housing is collaborating with the Ministry of Finance, FBR, Securities and Exchange Commission, and provinces on initiatives like Real Estate Investment Trusts to support expanded house finance options.