| Revision as of 01:27, 16 May 2009 edit116.71.28.136 (talk)No edit summary← Previous edit | Latest revision as of 18:46, 1 October 2023 edit undoImranalirathore (talk | contribs)31 edits I added the "Housing finance in Pakistan" heading.Tag: Visual edit | ||
| (85 intermediate revisions by 52 users not shown) | |||
| Line 1: | Line 1: | ||
| ], ].]] | |||
| {{Refimprove|date=July 2007}} | |||
| '''Housing in Pakistan''' generally consists of three classes: '']'' houses ({{lang|hi|पक्का}}/{{lang|ur|پکّا}} ''pakkā'', {{lit|"ripe"}}), which are made of strong materials like brick and cement; ''katchi'' houses ({{lang|ur|کچی}} ''kachē'', {{lit|"unripe, semi-made, unsure"}}), which are made of less-permanent materials such as ] and ]; and semi-''pakka'' houses (these make up, which are a sort of mix of the ''pakka'' and ''katchi'' houses.<ref name=":0">{{Cite web|title=Pakistan - Housing|url=https://www.britannica.com/place/Pakistan/Housing|url-status=live|access-date=2021-07-21|website=Encyclopedia Britannica|language=en|archive-date=2021-07-24|archive-url=https://web.archive.org/web/20210724043138/https://www.britannica.com/place/Pakistan/Housing}}</ref> Housing in Pakistan has always been insufficient due to a growing population (which is 241.49 million as per the ])<ref>{{Cite web |date=2023-08-07 |title=Pakistan’s population soars to 241.49mln in digital census 2023 |url=https://www.pakistantoday.com.pk/2023/08/07/pakistans-population-soars-to-241-49mln-in-digital-census-2023/ |access-date=2023-09-30 |language=en-US}}</ref> and accelerated by urbanisation combined with the housing problem being low-priority in the eyes of the government.<ref name=":0" /><ref>{{Cite web|last=Story|first=Pakistan's Growth|date=2019-03-28|title=The Case of Affordable Housing|url=https://devpakblog.com/2019/03/28/the-case-of-affordable-housing/|access-date=2021-07-21|website=Pakistan's Growth Story|language=en|archive-date=2021-07-21|archive-url=https://web.archive.org/web/20210721155403/https://devpakblog.com/2019/03/28/the-case-of-affordable-housing/|url-status=live}}</ref> Housing is an important element of ]. | |||
| '''Low Cost Housing in Pakistan''' was initially based on the concept of providing ] to the ], without making enormous ].This is the primerey Job of Government but they failed to provide low cost housing in pakistan but the privete sector take initiative in early 1960 and give the pioneer consept of Multi storeed building the pioneered Builders & Developers are: | |||
| == Housing shortage and deficit == | |||
| '''Al Azam (pvt Ltd''' and '''M.Y Corporation (pvt Ltd''' | |||
| Urban areas were facing a shortage of 4.4 million housing units in 2010, while the population is expected to grow by 40 million in 2030.<ref>{{Cite web|title=How to manage urban growth in Pakistan|url=https://blogs.worldbank.org/endpovertyinsouthasia/how-manage-urban-growth-pakistan|access-date=2021-07-21|website=blogs.worldbank.org|language=en|archive-date=2021-07-21|archive-url=https://web.archive.org/web/20210721160608/https://blogs.worldbank.org/endpovertyinsouthasia/how-manage-urban-growth-pakistan|url-status=live}}</ref> Furthermore, this shortage is expected to grow due to a shortfall of 270,000 housing units per year.<ref>{{Cite web|title=Affordable Housing in Pakistan|url=https://www.reall.net/data-dashboard/pakistan/|access-date=2021-07-21|website=Reall—Affordable Housing Charity|language=en-GB|archive-date=2021-07-21|archive-url=https://web.archive.org/web/20210721160912/https://www.reall.net/data-dashboard/pakistan/|url-status=live}}</ref> In Pakistan, past trends indicate that the increase in housing stock (146 percent increase) lagged far behind the population growth (209 percent increase) during 1960-1998, leading to overcrowding in housing units. The growth of housing in urban areas was far more rapid as compared to rural areas; 253 percent and 115 percent respectively. The habitation density level equals more than three people per room, which is significantly higher than the tolerable crowding level proposed by the ]; 1.4 to 2.0 individuals per room.<ref>{{Cite web|last=Haq|first=Ms. Rashida|title=Quantity and Quality of Housing Conditions|url=https://bisp.gov.pk/SiteImage/Misc/files/Quantity-and-Quality.pdf|url-status=live|access-date=24 July 2021|website=]|archive-date=4 July 2021|archive-url=https://web.archive.org/web/20210704100224/https://bisp.gov.pk/SiteImage/Misc/files/Quantity-and-Quality.pdf}}</ref> Urban crowding, specifically, has been accelerated by people from less-developed rural areas moving to cities to achieve better qualities of life.<ref>{{Cite web|date=2019-03-18|title=How do we solve the housing crisis in Pakistan?|url=https://nation.com.pk/18-Mar-2019/how-do-we-solve-the-housing-crisis-in-pakistan|access-date=2021-07-24|website=The Nation|language=en|archive-date=2019-05-03|archive-url=https://web.archive.org/web/20190503172048/https://nation.com.pk/18-Mar-2019/how-do-we-solve-the-housing-crisis-in-pakistan|url-status=live}}</ref> | |||
| == Housing finance in Pakistan == | |||
| Housing financing is an important driver of housing in Pakistan and many banks are offering loans for house construction.<ref>{{Citation |last=Malik |first=Sana |title=Appraisal of Housing Finance in Pakistan for Low-Income Groups: Concepts and Processes |date=2022 |url=https://doi.org/10.1007/978-3-030-88881-7_17 |work=Accessible Housing for South Asia: Needs, Implementation and Impacts |pages=297–308 |editor-last=Kundu |editor-first=Amitabh |access-date=2023-10-01 |place=Cham |publisher=Springer International Publishing |language=en |doi=10.1007/978-3-030-88881-7_17 |isbn=978-3-030-88881-7 |last2=Roosli |first2=Ruhizal |editor2-last=Ponce Dentinho |editor2-first=Tomaz |editor3-last=Magsi |editor3-first=Habibullah |editor4-last=Basu |editor4-first=Kanika}}</ref> | |||
| == See also == | |||
| They built very low-priced Residential area as well as Retailing#Shops and Stores accommodations in Karachi and Hyderabad, Pakistan, using the apartment system. It managed to keep prices down, without sacrificing quality. | |||
| * ] | |||
| * reducing its ]; and * increasing ]. | |||
| * ] | |||
| * ] | |||
| Al Azam Ltd. one of the pioneered provide low-cost housing for the general public. It was formed during the early 1960s by the former Rehabilitation Minister, Sardar Amir Azam. | |||
| When the company emerged in the '60s, there was no other construction company competing with it in this market. Commencing its operations with a portable typewriter from a small room in a residential house at Sir Syed Road in 1963, Al Azam expanded, and later shifted to a large office at Bambino Chambers in the heart of the city of Karachi. | |||
| The low-cost apartment projects such as the Al Azam Square of the '60s constructed by the company were initially very popular. In 1976, Mr.Muhammad Ali ,who was just a private secretary to Sardar Amir Azam,through manipulation and black mailing techniques ,took over control of the business. He thereby deprived Al-Azam's original owner's sons their rightful share in the company. | |||
| As a result of Mr. Mohammad Ali taking control of the company, the company's reputation took a nose dive. By using sub standard material in construction, one of Al-Azam project Mashadi Plaza collapased killing many labourers.With the passage of time, the company gradually disappeared from the market. However, the general public still remembers Al Azam as the company that built quality apartments and housing units by its original owner, Sardar Amir Azam Khan | |||
| '''M.Y. Corporation''' Was established in 1964 by the well known industrialist of Pakistan '''Mr. Fazal ur Rehman<br /> Late''' , '''Mr. Aftab ur Rehman''' and '''Mr. Ata ur Rehman Late'''. Who already have a rich industrial back ground and vast experience of construction? | |||
| The founder of the company '''Late Haji Fazal-ur-Rehman''', was the moving spirit behind Planning/Building & Developing strategy. Haji Fazal, who inherited a modest business house from his father, '''Haji Muhammad Younus''' turned it into a flourishing concern. | |||
| Late Haji Fazal-ur-Rehman was not only chairman of M.Y. Group of Companies but was also among founding fathers of Korangi Association of Trade & Industry (KATI). He was also a founding member of Association of Builders & Developers. He represented KATI in Karachi Chamber of Commerce & Industry for many years. He was patron & Office bearer of many Social, Cultural & Charitable Organizations of the City. | |||
| later the company change in to pvt ltd company in 1971 the slogan of the company is "House for every citizen " a slogan which it tried to adhere by building houses at minimum possible cost. By building around 2000 such units, it earned a place for it-self and is counted among well-known and reputed Builders, Developers and Town planners, on the other side its sister concern F.A.A. Corporation (pvt) Ltd. Responsible for undertaking sizeable Government and Semi-Government Contracts. | |||
| “M.Y. Corporation (pvt) Ltd ship is going under the right direction and the Group is going from Strength to Strength by focusing its attention on providing decent & harmonious living at an affordable Cost to the Citizens. | |||
| M.Y. Corporation (pvt) Ltd is registered with KBCA with license no BL-22 and also the founder member of (ABAD) Association of Builder and Developers and registered as NO limit contractor in various government organization. | |||
| F.A.A. Corporation (Private) Limited | |||
| F.A.A. Corporation (Private) Limited is a sister concern. It has an excellent record of securing huge Government Contracts of Airports, Civil Construction and as well as of military importance, Government servants’ colonies, modern airstrips and other specialized facilities. | |||
| The Director and present Young Chairman of the Group, Mr. Farhan-ur-Rehman has followed in the foot Steps of his Late Father Haji Fazal-ur-Rehman and he is sparing no effort in elevating the stature of the group. He is working as CEO of the M.Y. Corporation (pvt) Ltd he has taken the commercial activities of the group to new heights. & also serve his light to the appropriate forums such as Chairman Korangi Association of Trade & Industry (KATI) Vice Chairman SMED Director KIA and Conveneer Almi Mushaiera Share Qaid. | |||
| 1970s, Hasan Associate and Rukunuddin (pvt) Ltd followed the footstep. letter the (PWD), also introduced low-cost housing units, in addition to their regular low-priced apartments. The quality and safety of their units, however, were generally viewed as inferior. | |||
| Maymar, another company, entered the market in the late 70s, with residential apartments and housing units that were probably the best ever built, and they were highly successful. As demand for better housing accommodation increased, Maymar moved ], leaving behind the low-cost housing sector. | |||
| Construction firms, such as Cellrock and Abidi, entered the industry in the early 1980s to focus on low-cost prefabricated housing units. As the quality of their construction was substandard, these efforts proved unsuccessful, causing serious financial losses. | |||
| Companies like cooliobob and Maymar were able to evolve primarily due to the establishment of an institution by the name of Karachi Development Authority. It was entrusted with the task of making new development schemes for the city of Karachi and simultaneously the institution also established a wing by the name of Public Housing Scheme which was entrusted with the task of construction and selling finished housing in shape of flats/houses as the case may be. However since the need for housing was so much in the city that Public Housing Scheme could not have fulfilled on its own. This was the reason the Karachi Development Authority facilitated the builders like Al-Azam and M.Y Corporation with cheap lands to share its burden of providing finished housing to the people- the concept was considered noble and there was no risk of losses. However the chaos started when these cheap lands were distributed by corrupt bureaucrats to non professional builders. These corrupt and non professional builders not only damaged the industry but they also made the survival of companies making good quality housing difficult. On the other hand the Public Housing Scheme which was still succeeding in providing decently priced and decently quality housing to the city was hit hard by the collapse of utility companies who failed to provide them utility connections in time. Thus the last hope of people getting good quality housing with safety of investment also went down with the closure of Public Housing Scheme. | |||
| The construction industry began to mushroom towards the end of the '70s. Most of the new companies joined the industry merely to make a quick profit, without regards for the ] and ] of their buildings. Monthly installments were also too costly for most of the general public. As a result of ] ] practices, public confidence in low-cost housing projects suffered after some low-cost buildings collapsed, due to poor construction and thieving of construction materials. | |||
| Firms such as Al Azam and M.Y Corporation are nowadays very rare, as most construction firms still preoccupy themselves with traditional outdated modes of construction. As the general public becomes increasingly knowledgeable and affluent, housing and construction are increasingly focusing on high -end and high-quality deluxe housing, where profits are also better. Today, low-cost housing are largely confined to remote city and town areas, and are largely managed by the ]. | |||
| After the devastating earthquake in ], many houses, schools and clinics has been destroyed. The demand is huge and has highlighted the fact that globally there is a massive shortage of artisans such as ]. Because of this dilemma more focus is given to ] such as ] who was invited to ] to assist in the reconstruction program.{{Fact|date=July 2007}} | |||
| ==References== | ==References== | ||
| Line 55: | Line 18: | ||
| * Daily Times (Sunday, November 24, 2002) | * Daily Times (Sunday, November 24, 2002) | ||
| * © 2007 Associated Press of Pakistan | * © 2007 Associated Press of Pakistan | ||
| * by Nadir Mansoor et al. | |||
| {{Economy of Pakistan topics}} | {{Economy of Pakistan topics}} | ||
| ⚫ | ] | ||
| ] | ] | ||
| ] | |||
| ⚫ | ] | ||
| ] | |||
Latest revision as of 18:46, 1 October 2023
Housing in Pakistan generally consists of three classes: pakka houses (पक्का/پکّا pakkā, lit. '"ripe"'), which are made of strong materials like brick and cement; katchi houses (کچی kachē, lit. '"unripe, semi-made, unsure"'), which are made of less-permanent materials such as thatch and bamboo; and semi-pakka houses (these make up, which are a sort of mix of the pakka and katchi houses. Housing in Pakistan has always been insufficient due to a growing population (which is 241.49 million as per the 2023 Pakistani Census) and accelerated by urbanisation combined with the housing problem being low-priority in the eyes of the government. Housing is an important element of real estate in Pakistan.
Housing shortage and deficit
Urban areas were facing a shortage of 4.4 million housing units in 2010, while the population is expected to grow by 40 million in 2030. Furthermore, this shortage is expected to grow due to a shortfall of 270,000 housing units per year. In Pakistan, past trends indicate that the increase in housing stock (146 percent increase) lagged far behind the population growth (209 percent increase) during 1960-1998, leading to overcrowding in housing units. The growth of housing in urban areas was far more rapid as compared to rural areas; 253 percent and 115 percent respectively. The habitation density level equals more than three people per room, which is significantly higher than the tolerable crowding level proposed by the United Nations; 1.4 to 2.0 individuals per room. Urban crowding, specifically, has been accelerated by people from less-developed rural areas moving to cities to achieve better qualities of life.
Housing finance in Pakistan
Housing financing is an important driver of housing in Pakistan and many banks are offering loans for house construction.
See also
- Pakistan Islands Development Authority
- Naya Pakistan Housing & Development Authority
- Federal Government Employees Housing Authority
References
- ^ "Pakistan - Housing". Encyclopedia Britannica. Archived from the original on 2021-07-24. Retrieved 2021-07-21.
- "Pakistan's population soars to 241.49mln in digital census 2023". 2023-08-07. Retrieved 2023-09-30.
- Story, Pakistan's Growth (2019-03-28). "The Case of Affordable Housing". Pakistan's Growth Story. Archived from the original on 2021-07-21. Retrieved 2021-07-21.
- "How to manage urban growth in Pakistan". blogs.worldbank.org. Archived from the original on 2021-07-21. Retrieved 2021-07-21.
- "Affordable Housing in Pakistan". Reall—Affordable Housing Charity. Archived from the original on 2021-07-21. Retrieved 2021-07-21.
- Haq, Ms. Rashida. "Quantity and Quality of Housing Conditions" (PDF). Benazir Income Support Programme. Archived (PDF) from the original on 4 July 2021. Retrieved 24 July 2021.
- "How do we solve the housing crisis in Pakistan?". The Nation. 2019-03-18. Archived from the original on 2019-05-03. Retrieved 2021-07-24.
- Malik, Sana; Roosli, Ruhizal (2022), Kundu, Amitabh; Ponce Dentinho, Tomaz; Magsi, Habibullah; Basu, Kanika (eds.), "Appraisal of Housing Finance in Pakistan for Low-Income Groups: Concepts and Processes", Accessible Housing for South Asia: Needs, Implementation and Impacts, Cham: Springer International Publishing, pp. 297–308, doi:10.1007/978-3-030-88881-7_17, ISBN 978-3-030-88881-7, retrieved 2023-10-01
- POETIC LICENCE: Low-cost cities: an innovative new concept for urban development Daily Times (Sunday, November 24, 2002)
- Low-cost housing facility for poors top priority: Governor © 2007 Associated Press of Pakistan
- Proposal for the Construction of Low Cost Housing at Ibrahim Hydery, Karachi by Nadir Mansoor et al.
| Economy of Pakistan | |||||||
|---|---|---|---|---|---|---|---|
| Currency, governance, regulation | |||||||
| History | |||||||
| Transport | |||||||
| Industry |
| ||||||
| People and labour | |||||||
| Domestic economies | |||||||
| Business districts | |||||||
| See also | |||||||
 Category | |||||||