Naya Pakistan Housing & Development Authority

Naya Pakistan Housing & Development Authority (NAPHDA) is the national construction organization of the Government of Pakistan.[1][2] NAPHDA is responsible for real estate projects' planning, development, construction and management.[3]

NAPHDA
Naya Pakistan Housing & Development Authority
Formation15 January 2020
Key people
Lieutenant General Anwar Ali Hyder, HI(M) (Retd)
Websitehttps://naphda.gov.pk/

Lieutenant General Anwar Ali Hyder, HI(M) (Retd.) is the chairman of NAPHDA.[4][2]

History

Naya Pakistan Housing & Development Authority was established on 15 January 2020.[4][2] Senate of Pakistan passed Naya Pakistan Housing and Development Authority Bill 2019.[5]

Subsidy

Naya Pakistan Housing Authority has been provided a subsidy of Rs 30bn.[6]

1,820 applications out of over 8,000 received applications have been approved with an amount of Rs 5 billion.[7]

See also

References
  1. https://naphda.gov.pk/
  2. "Private banks to finance Naya Pakistan Housing Scheme: chairperson | SAMAA". Samaa TV. Retrieved 2021-01-22.
  3. "President promulgates Naya Pakistan Housing, Development Authority Ordinance – Business Recorder". Retrieved 2021-01-26.
  4. "NAPHDA | Naya Pakistan Housing & Development Authority".
  5. "Senate passes Naya Pakistan Housing Authority bill". The Express Tribune. 2020-01-14. Retrieved 2021-01-25.
  6. Reporter, The Newspaper's Staff (2020-06-13). "Subsidy bill slashed by 40pc". DAWN.COM. Retrieved 2021-01-25.
  7. Report, Recorder (2021-02-12). "Mark-up subsidy scheme: Over 8,000 applications received, Baqir tells PM". Brecorder. Retrieved 2021-02-12.


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