Posts By :

admin

D.I.Khan-new-city-sustainable-society 560x420

World Environment Day: D.I.Khan’s sustainable society

World Environment Day: D.I.Khan’s sustainable society 560 420 D. I. Khan New City

World Environment Day is a global initiative that reminds us of our responsibility to protect and preserve our planet. As a forward-thinking organization, D.I.Khan New City understands the crucial role all of us should play in promoting sustainability and eco-friendly practices. On this special occasion, we embrace the opportunity to highlight the importance of environmentally conscious construction and how our company is committed to creating sustainable societies for a greener future.

D.I. Khan New City prioritizes enhancing air quality, managing water resources, preserving biodiversity, and optimizing energy consumption. The city actively promotes the adoption of renewable energy options and implements various water conservation techniques, including rainwater harvesting systems, the cultivation of rain gardens, the utilization of drought-resistant plants, and the establishment of natural water drainage channels.

D.I. Khan New City actively encourages the adoption of renewable energy sources, including solar, wind, and hydropower, as an alternative to fossil fuels, aiming to diminish reliance on them. Moreover, the city is implementing energy-efficient technologies and adopting practices to curtail overall energy consumption. By embracing renewable energy sources, the city not only contributes to environmental preservation but also secures long-term economic benefits.

Water scarcity is a growing concern worldwide, making efficient water management crucial. To conserve water resources, the city is actively endorsing the implementation of rainwater harvesting systems, rain gardens, drought-tolerant plants, and natural water drainage channels. Additionally, the city is advocating for the reuse of treated wastewater for non-potable purposes like irrigation and industrial use. These initiatives aim to maximize water conservation efforts and promote sustainable water management practices.

Building a sustainable city requires effective waste management as a crucial element. In Dera Ismail Khan’s New City, a comprehensive waste management system is being implemented to ensure proper disposal and recycling of waste. The city has installed public waste and recycling bins across its premises and established designated sites for hazardous waste disposal. These measures ensure the appropriate handling of hazardous materials. By reducing the volume of waste sent to landfills, this approach contributes to the reduction of greenhouse gas emissions.

The city showcases a harmonious blend of economic growth and sustainability by prioritizing renewable energy adoption, water conservation, eco-friendly tourism, and green technologies. This emphasis underscores the notion that progress and environmental stewardship can coexist. Through active collaboration among stakeholders and the integration of innovative solutions, the city is leading the charge towards a sustainable future.

World Environment Day serves as a powerful reminder that we hold the key to a sustainable future. By taking action, raising awareness, and making environmentally conscious choices, we can contribute to the preservation of our planet. On this special day, let us reflect on our individual and collective responsibilities and commit to making a positive difference. Together, we can restore ecosystems, protect biodiversity, and build a greener, more resilient world for generations to come.

The-Economic-Situation-of-Pakistan 560x420

The Economic Situation of Pakistan: Challenges and Opportunities

The Economic Situation of Pakistan: Challenges and Opportunities 560 420 D. I. Khan New City

Pakistan is a developing country in South Asia with a population of over 220 million people. The country has faced numerous economic challenges throughout its history, including high levels of poverty, low levels of foreign investment, and a struggling industrial sector. Despite these challenges, Pakistan has made significant progress in recent years, with a growing middle class, a thriving tech industry, and increased foreign investment. This article will examine the current economic situation in Pakistan, including its challenges and opportunities. 

The Current Economic Situation 

Pakistan’s economy is heavily reliant on agriculture, which accounts for approximately 24% of the country’s GDP and employs over 40% of its workforce. The industrial sector accounts for around 20% of GDP, while the services sector makes up the remaining 56%. The country has a large population of young people, with more than 60% of the population under the age of 30. 

With a GDP growth rate of 3.9% in 2020, Pakistan’s economy has been growing steadily in recent years. This is lower than the 5.8% growth rate in 2018 but still represents a significant improvement over previous years. The country’s economic Growth is expected to continue in the coming years, with the International Monetary Fund (IMF) projecting a GDP growth rate of 4% in 2021.

One of the major challenges facing Pakistan’s economy is its current account deficit, which was estimated at $2.1 billion in March 2021. The deficit is primarily driven by a high import bill, particularly for oil and gas, which are critical to Pakistan’s energy needs. The country has been working to address this issue by increasing exports, particularly in the textile industry, which is Pakistan’s largest export industry. 

Pakistan has also been working to increase its foreign investment, particularly in the energy and infrastructure sectors. The country has attracted significant investment from China through the China-Pakistan Economic Corridor (CPEC), a $62 billion project that includes the construction of power plants, roads, and ports. However, there are concerns that the project may result in a high debt burden for Pakistan, as well as environmental and social issues. 

Inflation is another major challenge facing Pakistan’s economy, with the inflation rate reaching a 9-year high of 9.1% in May 2021. The rise in inflation is primarily driven by higher food prices, particularly for wheat, sugar, and edible oil. The government has taken several measures to address the issue, including increasing interest rates and importing essential commodities. However, these measures have had limited success so far. 

Opportunities for Growth 

Despite the challenges facing Pakistan’s economy, there are also several opportunities for Growth. One of the key opportunities is the country’s growing middle class, which is estimated to be around 40 million people. This represents a significant market for consumer goods and services, particularly in sectors such as retail, healthcare, and education.

Pakistan’s tech industry is also experiencing rapid Growth, with a number of successful startups emerging in recent years. The country has a large pool of young, tech-savvy workers, as well as a growing number of tech incubators and accelerators. The government has also launched several initiatives to support the Growth of the tech industry, including the establishment of a National Incubation Center and a National IT Board. 

Pakistan’s strategic location is also an opportunity for economic growth, particularly in the context of the Belt and Road Initiative. The country is a key player in China’s plan to create a network of trade routes connecting China to Europe and beyond. This presents opportunities for Pakistan to develop its infrastructure and increase its connectivity to other countries in the region. 

Finally, Pakistan’s agricultural sector has the potential for significant growth, particularly in the areas of high-value crops such as fruits, vegetables, and livestock. The country has favorable climatic conditions for agriculture and a large workforce in rural areas. The government has launched several initiatives to modernize the agricultural sector, including the establishment of special economic zones for agriculture, the provision of agricultural credit, and the introduction of new technologies for farming. 

Challenges Ahead 

While there are opportunities for Growth in Pakistan’s economy, there are also several challenges that must be addressed in order to realize its potential. One of the key challenges is the country’s energy crisis, which has resulted in frequent power outages and a high cost of electricity. The government has taken steps to address the issue, including the construction of new power plants and the promotion of

renewable energy. However, progress has been slow, and the energy crisis remains a major barrier to economic Growth. 

Another challenge facing Pakistan is its low levels of human capital. The country has a relatively low literacy rate, with only around 60% of the population able to read and write. This limits the country’s ability to attract high-skill jobs and foreign investment in sectors such as technology and finance. The government has launched several initiatives to improve education, including the provision of free primary education and the establishment of new universities. However, progress has been slow, and the country continues to lag behind its peers in terms of human development. 

Finally, Pakistan’s security situation remains a major concern for investors and businesses. The country has faced a long-standing insurgency in its western province of Balochistan, as well as terrorist attacks in major cities such as Karachi and Lahore. While the government has made progress in improving security in recent years, the situation remains volatile, and there are concerns that it could deter foreign investment and tourism. 

The Role of the China-Pakistan Economic Corridor (CPEC) 

One unique aspect of Pakistan’s economic situation is the China-Pakistan Economic Corridor (CPEC), a major infrastructure and development project that aims to connect China’s western region of Xinjiang with Pakistan’s Gwadar port on the Arabian Sea. The project includes the construction of highways, railways, pipelines, and other infrastructure projects, as well as the establishment of special economic zones and the development of renewable energy projects.

CPEC has the potential to transform Pakistan’s economy by improving connectivity and infrastructure, creating new jobs, and attracting foreign investment. The project is expected to create over 700,000 jobs and add 2-2.5% to Pakistan’s GDP by 2025. It is also expected to improve the country’s energy security by increasing the supply of electricity from China. 

However, CPEC also presents some challenges for Pakistan. Critics have raised concerns over the project’s environmental impact, its impact on local communities, and the country’s ability to repay the debt incurred by the project. There are also concerns over the project’s potential to increase China’s influence in the region and its implications for regional stability. 

The Pakistani government has taken steps to address these concerns, including the establishment of a CPEC Authority to oversee the project and ensure transparency and the inclusion of environmental and social safeguards in project planning and implementation. The government has also sought to diversify its sources of investment and trade, including by strengthening ties with other countries such as Turkey and Russia. 

Overall, the success of CPEC will depend on the effective implementation of the project, as well as the ability of the Pakistani government to address the challenges it presents. If successful, CPEC has the potential to be a game-changer for Pakistan’s economy, improving connectivity and infrastructure, creating new jobs, and increasing foreign investment.

Conclusion 

Pakistan’s economy has made significant progress in recent years, but there are still significant challenges that must be addressed in order to realize its potential. The country’s growing middle class, the tech industry, and strategic location present opportunities for Growth, but these must be balanced against challenges such as the energy crisis, low levels of human capital, and security concerns. The government must continue to prioritize economic reform and address these challenges in order to create a stable and prosperous future for Pakistan.

Future-of-Sustainable-City-D.I.-Khan-new-city 560x420

Future of Sustainable City: D.I. Khan new city

Future of Sustainable City: D.I. Khan new city 560 420 D. I. Khan New City

Urbanization is a growing trend that has been witnessed in the past few decades. According to the United Nations, more than half of the world’s population currently lives in cities, and by 2050, it is projected that two-thirds of the human population will be living in cities. Pakistan is one of the fastest urbanizing countries in South Asia, with a rate of 3% per year. Due to this rapid urbanization, it is estimated that 50% of Pakistan’s population will be living in cities by 2025. This trend highlights the need for new sustainable cities that can cater to the growing population’s needs and reduce mass urban migration.

D.I. Khan New City is a prime example of a sustainable city in Pakistan that is addressing the challenges of urbanization. This city is an integrated development project that is being developed to provide economic opportunities to the less privileged areas, mitigate the impacts of climate change, promote cooperation and collaboration on sustainability issues, and improve the quality of life for its residents.

New Sustainable Cities – Need of the Hour

The creation of new sustainable cities is the need of the hour to address the growing population’s needs and reduce mass urban migration. Sustainable cities can help spread economic opportunities across less privileged areas, mitigate the impacts of climate change, create new industries and job opportunities, level up economic growth, encourage the development of infrastructure in less developed areas, and contribute to the energy security of the country. Moreover, sustainable cities can protect biodiversity, promote a circular economy, and ensure a more resilient and sustainable future.

Integrated Approach for a Sustainable City

To achieve sustainable development, an integrated approach that considers the environment, economy, community, resilience, and risk reduction is essential. D.I. Khan New City is following an integrated approach to ensure the development of a sustainable city. The city is focusing on the following areas:

Environment

D.I. Khan New City is focusing on improving air quality, water management, biodiversity conservation, and energy use. The city is promoting the use of renewable energy sources and water conservation practices, such as rain harvesting systems, rain gardens, drought-tolerant plants, and natural water drainage channels.

Community

D.I. Khan New City focuses on providing high-quality education, healthcare, and housing facilities. The city is also supporting local businesses and community initiatives and promoting gender equality. To ensure a safe and smart environment, the city is promoting justice through dispute resolution and conflict councils.

Resilience and Risk Reduction

The city is adopting disaster risk reduction measures and contingency planning. The city is also developing emergency response systems such as an emergency office, rescue team, fire brigade, emergency medical services, and security forces. The city is a pandemic-ready city with pandemic preparedness and response protocols.

Promotion and Use of Renewable Energy

D.I. Khan New City is promoting the use of renewable energy sources, such as solar, wind, and hydropower, to reduce the dependence on fossil fuels. The city is also using energy-efficient technologies and practices to reduce energy consumption. The use of renewable energy sources is not only environmentally friendly but also economically beneficial in the long run.

Water Conservation

D.I. Khan New City is promoting water conservation practices to ensure sustainable water management. The city is promoting rain harvesting systems, rain gardens, drought-tolerant plants, and natural water drainage channels to conserve water. The city is also promoting the reuse of treated wastewater for non-potable purposes, such as irrigation and industrial use.

IMPLEMENTATION OF SUSTAINABLE WASTE MANAGEMENT PRACTICES

Effective waste management is one of the key components of building a sustainable city. The New City in Dera Ismail Khan is implementing a comprehensive waste management system to ensure that waste is properly disposed of and recycled. The city is using public waste and recycling bins throughout the city, as well as hazardous waste disposal sites, to ensure proper disposal of hazardous waste materials. This helps to reduce the amount of waste going to landfills, which can help to reduce greenhouse gas emissions.

50% OPEN SPACES

The New City in Dera Ismail Khan is designed with the concept of open spaces, community parks, urban gardens, and urban agriculture. The city is dedicated to providing 50% open spaces, which includes a minimum street size of 40 feet. This helps to promote the community’s health and well-being, as well as providing space for social interaction, physical activity, and relaxation.

Economy

The city focuses on developing infrastructure, creating employment opportunities, promoting trade and innovation, and using technology for economic development. The city is promoting sustainable economic development by developing greenfield cement industries, special economic zones, and special technology zones.

D.I.Khan New City in Dera Ismail Khan is positioning itself as a new economic hub, attracting investments from both domestic and international investors. The city has already seen a $1 billion investment in the construction of three new Greenfield cement plants, including Cherat Cement, Premier Cement, and Fatima Cement. These new industries are expected to generate more than 15,000 new jobs, which is significant for the local economy.

In addition, two new Special Economic Zones have been approved, providing incentives for businesses to invest in the area. A greenfield International Airport has also been announced, which will help to improve connectivity and facilitate international trade. Furthermore, the groundbreaking of over Rs. One hundred billion in infrastructure development projects in D I Khan were done by PM Shehbaz Sharif in Dec 2022, which is expected to further boost economic growth and job creation in the area.

The New City in Dera Ismail Khan is partnering with other organizations, businesses, and government agencies to promote economic growth and job creation. These partnerships are helping to foster innovation, create new industries, and attract investment to the area. The city is committed to working collaboratively to promote sustainable economic development for the benefit of all stakeholders.

 

PROMOTING ECO-FRIENDLY TOURISM

The New City in Dera Ismail Khan is also promoting eco-friendly tourism through the establishment of premier winter destinations. The city’s natural beauty and unique cultural offerings make it an ideal destination for eco-tourists looking for an authentic and sustainable travel experience.

COMMUNITY

Quality affordable housing:

D.I. Khan New City is prioritizing affordable housing in its planning and development process. This is aimed at providing comfortable, safe, and affordable housing for all residents. The city is creating diverse housing options for different income levels, including low-income families. This will help ensure that everyone has access to quality housing.

Accessible high-value healthcare:

The development of Kulsum International Hospital, a state-of-the-art medical facility, is planned to serve the residents of D.I. Khan New City and surrounding areas. The hospital will be equipped with modern medical equipment and will employ qualified and experienced medical professionals.

High-standard education:

The city’s development plan includes the establishment of new schools and educational institutes. The goal is to provide high-quality education to all residents, regardless of their background or income level. This will help to promote literacy and access to education, which are important factors in a city’s overall development.

Supporting local businesses and community initiatives:

D.I. Khan New City aims to promote and support local businesses and community initiatives. This is aimed at creating an inclusive environment where everyone has equal opportunities to succeed. The city is developing business-friendly policies to encourage entrepreneurship and job creation.

Safety-assured environment (Smart & Safe City):

The city is implementing a range of measures to ensure a safe environment for residents. This includes the deployment of advanced security technologies such as CCTV cameras, facial recognition systems, and emergency response systems. The city also plans to establish dispute resolution and conflict councils to promote justice and peace in the community.

Promoting justice through dispute resolution & conflict councils:

The establishment of dispute resolution and conflict councils is a key feature of DI Khan New City’s development plan. The goal is to promote justice and peace in the community by providing residents with a platform to resolve disputes and conflicts in a peaceful and amicable manner.

Gender Equality:

D.I. Khan New City is committed to promoting gender equality and empowering women. The city is implementing policies and initiatives aimed at promoting equal opportunities for women, including access to education, healthcare, and employment.

Flood Free Zone:

The city is located in a flood-free zone, which means that the risk of flooding is significantly reduced. This is an important factor in ensuring the safety and security of residents.

Low Seismic Zone:

The city is located in a low seismic zone, which means that the risk of earthquakes is minimal. This is an important factor in ensuring the safety and security of residents.

Adoption of disaster risk reduction measures:

D.I. Khan New City is implementing disaster risk reduction measures to mitigate the impact of natural disasters such as floods and earthquakes. This includes the development of early warning systems and emergency response plans.

Contingency planning:

The city has developed contingency plans to respond to any emergency situations. This includes the deployment of emergency response teams and the establishment of emergency offices.

Emergency response systems (Emergency office, Rescue team, Fire brigade, Emergency medical services, Security force):

The city has established a range of emergency response systems to ensure the safety and security of residents. This includes the deployment of rescue teams, fire brigades, emergency medical services, and security forces.

Looking forward, the city has several planned initiatives from 2023-26, including the planning and development of the state-of-the-art Kulsum International Hospital, the development of schools and educational institutes, and the establishment of a special technology zone. The city is also planning to establish an eco-friendly health and adventure sports park, which will provide a unique recreational and wellness experience for residents and tourists alike.

Final Words

The D.I. Khan New City sets an inspiring example for sustainable city development, showcasing a unique approach that prioritizes the environment, economy, community, and resilience. By emphasizing the adoption of renewable energy, water conservation, eco-friendly tourism, and green technologies, the city demonstrates that economic growth and sustainability can go hand in hand. With a strong commitment to collaboration among stakeholders and the adoption of innovative solutions, the city is paving the way for a more sustainable future. The D.I. Khan New City is not only a model for sustainable city development in Pakistan but also an inspiration for cities worldwide to follow.

the-future-of-dikhan-new-city 560x420

The future of Dera Ismail Khan New City

The future of Dera Ismail Khan New City 560 420 D. I. Khan New City

Real estate investment has been a popular choice for people looking to secure their financial future and build wealth over time. One of the new and upcoming real estate projects that investors should consider is D.I. Khan New City. This project is located in Dera Ismail Khan, a rapidly developing city in Pakistan’s Khyber Pakhtunkhwa province. In this blog post, we will discuss the future of Dera Ismail Khan New City and the reasons why investing in the D.I. Khan New City real estate project is a smart choice. 

Strong Rental Income 

One reason to invest in D.I. Khan New City’s real estate project is the potential for high rental income. As the city grows and attracts more residents, there will be greater demand for rental properties. 

With the city’s population growing, the demand for rental properties is also increasing. This high demand for rental properties is likely to drive up rental rates in the area, providing investors with a steady stream of income from their investments. 

As D.I. Khan continues to grow, the demand for housing will also increase. This presents an opportunity for investors to purchase properties in D.I. Khan New City and rent them out to residents. The city’s growing population and increasing demand for housing will help ensure a steady stream of potential tenants for rental properties. 

State-of-the-Art Utilities 

When it comes to modern urban living, the availability of standard utilities and amenities is essential. That’s why the developers of D.I. Khan New City have made sure to include all the necessary utilities and amenities to ensure a convenient and comfortable lifestyle for residents. 

One of the key features of D.I. Khan New City is its high-speed internet. With the increasing importance of the internet in our daily lives, it is essential for a city to have a reliable and fast internet connection. D.I. Khan New City has made sure to provide its residents with a high-speed internet connection, ensuring that residents can stay connected and productive at all times. 

Another important utility is the availability of phone lines. D.I. Khan New City has made sure that all residents have access to phone lines, ensuring that they can stay in touch with friends and family and conduct business as needed. 

Of course, a reliable power supply is essential for any city. D.I. Khan New City has its power grid and is connected to the national grid to ensure a constant supply of electricity. Additionally, the city has also implemented a number of energy-efficient measures, such as solar power generation, to reduce dependence on fossil fuels and minimize carbon emissions.

Clean water is another essential utility, and D.I. Khan New City has made sure to provide its residents with a safe and clean water supply. The city has water treatment plants that purify and supply water to the entire city. 

High Potential for Capital Appreciation 

One of the main advantages of investing in a new real estate project like D.I. Khan New City is the potential for capital appreciation. As the city continues to grow and attract more residents, the value of the property is likely to increase. This means that investors stand to make a substantial profit when they eventually sell the property. 

The demand for housing in D.I. Khan is increasing as the city continues to develop, and the development of D.I. Khan New City is well-positioned to meet this demand. This high demand for housing is likely to drive up property values in the area, making it a wise investment for those looking to make a return on their investment. 

Additionally, the city’s economy is growing, with several industries, such as agriculture and manufacturing, driving economic growth. The development of D.I. Khan New City is expected to further boost the economy, creating new jobs and opportunities for residents. This economic growth is likely to have a positive impact on property values in the area, making it a wise investment choice. 

Proven Track Record of the Developers 

One of the most important factors to consider when investing in a new real estate project is the credibility and track record of the developers. D.I. Khan New City is being developed by renowned developers who have a proven track record of delivering successful real estate projects. 

The developers have a strong reputation for quality and timely delivery and have completed a number of successful projects in the past. This gives investors confidence that their investment in D.I. Khan New City is in safe hands and that the project is likely to be completed on time and to a high standard. 

Additionally, the developers have a strong understanding of the local market and have tailored the development to meet the needs of the local residents. This ensures that the project is well-suited to the local market and is likely to attract buyers and renters alike. 

Opportunities for Commercial Development 

Investing in the D.I. Khan New City real estate project also presents opportunities for commercial development. As the city continues to grow and attract more residents, there will be greater demand for commercial spaces, such as shops, offices, and restaurants.

The developers of D.I. Khan New City have recognized this potential and have included provisions for commercial development within the city. There will be several commercial zones within the city, providing opportunities for investors to build commercial spaces and benefit from the growing demand for commercial properties. 

The development of D.I. Khan New City is likely to further enhance the city’s position as a hub for commercial activity. The city’s growing population, improving infrastructure, and favorable business environment makes it an attractive location for businesses looking to invest in the region. 

Strategic Location 

Dera Ismail Khan New City is a prime location that boasts a strategic advantage, making it a highly desirable place to reside. The city’s advantageous location is further bolstered by its proximity to the proposed Kallur Kot Bridge, which is set to connect the Western route of the China-Pakistan Economic Corridor (CPEC) to the province of Punjab. This bridge will serve as a critical trade and transportation link between the two regions, providing enhanced connectivity and accessibility. 

With this key infrastructure development, the new city of Dera Ismail Khan is poised to attract businesses and industries seeking to capitalize on the benefits of the bridge. The bridge is expected to facilitate seamless trade, commerce, and transportation between the two regions, making Dera Ismail Khan New City a compelling choice for businesses looking to expand their reach and tap into new markets. 

As a result of this increased economic activity, residents of Dera Ismail Khan New City can expect to see a surge in job opportunities. The city’s strategic location and proximity to the Kallur Kot Bridge will undoubtedly fuel job growth and attract skilled professionals from across the region. The city’s booming economy, combined with its serene surroundings and excellent infrastructure, make it an excellent place to live, work, and play. 

Sustainable Development 

Investing in the D.I. Khan New City real estate project also presents opportunities for sustainable development. The developers of D.I. Khan New City have recognized the importance of sustainability and have included provisions for sustainable development within the city. 

For example, the city has implemented a number of energy-efficient measures, such as solar power generation, to reduce dependence on fossil fuels and minimize carbon emissions. Additionally, the city has also implemented a number of water conservation measures, such as rainwater harvesting, to ensure that the water supply is sustainable for the future.

The development of D.I. Khan New City is likely to set a new standard for sustainable development in Pakistan, providing an example for other cities to follow. This, in turn, is likely to attract more environmentally conscious investors and residents to the city. 

Final Words 

The D.I. Khan New City real estate project, presents a unique opportunity for investors looking to secure their financial future and build wealth over time. With its high potential for capital appreciation, high rental income, state-of-the-art utilities, opportunities for commercial and social development, and commitment to sustainable development, D.I. Khan New City is an attractive investment opportunity for both domestic and foreign investors. 

As the city continues to grow and develop, the value of the property is likely to increase, providing investors with a substantial return on investment. Additionally, the city’s growing population and increasing demand for housing and commercial spaces present opportunities for investors to generate a steady stream of rental income from their investments.

The benefits of living in Dera Ismail Khan New City 560x420

The benefits of living in Dera Ismail Khan New City

The benefits of living in Dera Ismail Khan New City 560 420 D. I. Khan New City

Dera Ismail Khan New City is a rapidly growing real estate project in Pakistan, located in the Khyber Pakhtunkhwa province. It is a planned community that is being developed to provide a modern lifestyle to its residents. The project has attracted a lot of attention from investors and homebuyers alike, and for good reason. There are numerous benefits of living in Dera Ismail Khan New City, and in this blog, we will explore some of them. 

Modern Amenities

Dera Ismail Khan New City is being developed with modern amenities in mind. The project will include schools, hospitals, shopping centers, parks, and other recreational facilities. These amenities will make life easier and more enjoyable for residents, and they will not have to travel far to access them. The development also includes a modern infrastructure system, with roads, electricity, and water supply being built to high standards. 

Affordable Housing

One of the most significant benefits of living in Dera Ismail Khan New City is the affordability of housing. The project offers a range of housing options, from apartments to houses, at reasonable prices. This makes it an attractive option for people looking to buy their first home or invest in real estate. The affordability of housing in Dera Ismail Khan New City is also a result of the government’s commitment to provide affordable housing to its citizens.

Secure Community

Dera Ismail Khan New City is a gated community, which means it has controlled access points and security measures in place. This makes it a secure place to live, and residents can feel safe knowing that their homes and families are protected. The security measures also include CCTV cameras and security personnel who patrol the community, making it a safe place to live.

Quality Education

The project includes schools and colleges, making it a great place for families with children. The educational institutions in Dera Ismail Khan New City will offer quality education, with modern facilities and trained staff. This means that residents will not have to travel far to access quality education for their children.

Health Facilities

The project will include modern hospitals and clinics that will provide quality healthcare to residents. The healthcare facilities will be staffed by trained medical professionals and will be equipped with modern medical equipment. This means that residents will not have to travel far to access healthcare, and they can be assured of receiving quality medical care.

Environmental Sustainability

Dera Ismail Khan New City is being developed with environmental sustainability in mind. The project includes green spaces and parks, and there is a focus on using renewable energy sources. The development also includes a waste management system, which will ensure that the community remains clean and free of pollution. This means that residents can live in a community that is environmentally friendly and sustainable. 

Improved Standard of Living 

The benefits of living in Dera Ismail Khan New City will lead to an improved standard of living for residents. The modern amenities, affordable housing, quality education, and healthcare facilities will make life easier and more enjoyable for residents. The job opportunities will also improve the financial situation of residents, allowing them to enjoy a higher standard of living. 

Appreciation in Property Value 

Investing in property in Dera Ismail Khan New City is a smart financial decision. The project is expected to appreciate in value over time, as more people move into the community and demand for housing increases. This means that investing in property in Dera Ismail Khan New City can provide a great return on investment in the long term. 

Strategic Location 

Dera Ismail Khan New City is strategically located, making it an attractive place to live. Investing in Dera Ismail Khan’s new city has an added advantage due to its proximity to the proposed Kallur Kot Bridge in Pakistan. This bridge is expected to connect the Western route of the China-Pakistan Economic Corridor (CPEC) to the province of Punjab, which would create a vital trade and transportation link between the two regions. As a result, the new city of Dera Ismail Khan is an appealing location for businesses and industries seeking to benefit from the enhanced connectivity and accessibility provided by the bridge, which would facilitate trade, commerce, and transportation between the two regions. 

The strategic location also means that Dera Ismail Khan New City is likely to attract businesses, creating more job opportunities for residents. 

Peaceful Environment 

Dera Ismail Khan New City is being developed as a peaceful and serene environment. The community is away from the hustle and bustle of the city, and residents can enjoy a tranquil lifestyle. The community will also include green spaces and parks, which will provide residents with a natural environment to relax and unwind. 

Job Opportunities 

The development of Dera Ismail Khan New City is expected to create job opportunities for residents. The project will require a significant amount of labor and manpower, which will create job opportunities for people in the region. In addition, the project is likely to attract businesses, creating more job opportunities for residents. 

Community Spirit 

The development of Dera Ismail Khan New City is likely to foster a strong sense of community spirit among residents. The community is being designed to promote social interaction and a sense of belonging. This means that residents can enjoy a supportive and friendly community that they can call home.

Investment Opportunities 

Investing in property in Dera Ismail Khan New City is not only a smart financial decision but also provides an opportunity to contribute to the development of the community. The project is expected to appreciate in value over time, providing a good return on investment. In addition, investing in property in Dera Ismail Khan New City also helps to support the development of the community, creating a better quality of life for residents. 

In conclusion, Dera Ismail Khan New City is a real estate project that offers numerous benefits to residents. From modern amenities to quality education and healthcare facilities, job opportunities, environmental sustainability, improved standard of living, community spirit, and investment opportunities, the project has something to offer to everyone. The project is being developed with a focus on providing a comfortable and convenient lifestyle to residents, while also celebrating and preserving the cultural and historical heritage of the region. Living in Dera Ismail Khan New City is an opportunity to be a part of a community that is being developed for a better tomorrow.

The Best Health Care Facilities in Dera

The Best Health Care Facilities in Dera Ismail City: A Look at the Top Hospitals and Clinics

The Best Health Care Facilities in Dera Ismail City: A Look at the Top Hospitals and Clinics 1200 628 D. I. Khan New City

Dera Ismail Khan, commonly referred to as DI Khan, is a city located in the Khyber Pakhtunkhwa province of Pakistan. The city is well-known for its educational and healthcare facilities, making it a popular destination for those seeking quality healthcare services. In this article, we will explore the top hospitals, clinics, and pharmacies in Dera Ismail Khan, as well as recent health initiatives and challenges facing healthcare in the area. 

Top Hospitals in Dera Ismail Khan 

DI Khan is home to a number of hospitals, including the DHQ Hospital, Muhammad Teaching Hospital, and Ghazi Khan Medical College Hospital. 

DHQ Hospital: 

The DHQ Hospital in DI Khan is a public sector hospital that provides a range of medical services to the local population. The hospital has various departments, including medicine, surgery, pediatrics, and gynecology. It also offers emergency services, outpatient services, and a 24-hour pharmacy. The hospital has a team of experienced doctors and nurses who provide quality care to patients. 

Muhammad Teaching Hospital: 

The Muhammad Teaching Hospital is a private hospital located in DI Khan that offers a range of medical services. It also offers 24-hour emergency service and outpatient services. 

Ghazi Khan Medical College Hospital: 

The Ghazi Khan Medical College Hospital is a public sector hospital affiliated with the Ghazi Khan Medical College. The hospital has various departments, including surgery, medicine, gynecology, and pediatrics. It also has an emergency department, outpatient department, and laboratory services. The hospital has modern medical equipment and a team of experienced doctors and medical staff.

Clinics in Dera Ismail Khan 

In addition to hospitals, DI Khan also has a number of clinics and health centers, including the Al-Shifa Clinic, Al-Khair Clinic, and City Clinic. 

Al-Shifa Clinic 

The Al-Shifa Clinic is a private clinic located in DI Khan that offers a range of medical services, including general medicine, pediatrics, and gynecology. The clinic has a team of experienced doctors and medical staff who provide quality care to patients. It also offers laboratory services and a pharmacy. 

Al-Khair Clinic 

The Al-Khair Clinic is a private clinic that offers a range of medical services, including general medicine, pediatrics, and gynecology. The clinic has a team of experienced doctors and medical staff who provide quality care to patients. It also offers laboratory services and a pharmacy. 

City Clinic 

The City Clinic is a public sector clinic that provides a range of medical services to the local population. The clinic has various departments, including medicine, pediatrics, and gynecology. It also offers laboratory services and a pharmacy. 

Pharmacies in Dera Ismail Khan 

DI Khan has a number of pharmacies, including Medline Pharmacy, Rehman Pharmacy, and Amin Pharmacy. 

Medline Pharmacy 

The Medline Pharmacy is a private pharmacy that offers a range of pharmaceutical products and services. The pharmacy is located in the heart of the city and has a team of experienced pharmacists who provide quality services to patients. 

Rehman Pharmacy 

The Rehman Pharmacy is a private pharmacy that offers a range of pharmaceutical products and services. The pharmacy has some experienced pharmacists who provide quality services to patients. Amin Pharmacy: Amin Pharmacy is a private pharmacy that offers a range of pharmaceutical products and services. It also offers home delivery services for customers who are unable to visit the pharmacy in person.

Health Initiatives in Dera Ismail Khan 

Recent years have seen a number of health initiatives in DI Khan aimed at improving the overall health of the local population. Some of these initiatives include public health campaigns, vaccination drives, and efforts to improve access to healthcare in rural and marginalized communities. 

One notable initiative is the Sehat Sahulat Program, which is a health insurance scheme launched by the Government of Khyber Pakhtunkhwa to provide free medical treatment to the poor and marginalized communities in the province. The program has been successful in improving access to healthcare services for those who previously could not afford it. 

Another important initiative is the Polio Eradication Program, which is aimed at eradicating polio from the country. The program has been successful in reducing the number of polio cases in the province and has helped to raise awareness about the importance of vaccination among the local population. Challenges Facing Healthcare in Dera Ismail Khan 

Despite the efforts of the government and healthcare providers in DI Khan, there are still a number of challenges facing the healthcare system in the area. One of the main challenges is the lack of access to healthcare for marginalized communities, particularly those living in rural areas. Many people in these communities are unable to access basic healthcare services due to the lack of healthcare facilities and medical professionals in the area. 

Another challenge is the shortage of medical professionals in the area. Many doctors and nurses prefer to work in larger cities, leaving smaller towns and rural areas with a shortage of healthcare professionals. This shortage can make it difficult for patients to access quality healthcare services and can also put a strain on the healthcare system as a whole. 

Finally, there is a lack of resources for certain health services in DI Khan. For example, there is a shortage of medical equipment and supplies in some hospitals and clinics, which can limit the ability of healthcare providers to provide quality care to patients. 

Kulsum International Hospital in DIKNC 

DI Khan New City (DIKNC) is an exciting real estate project that aims to provide residents with the best possible living experience. One of the project’s standout features is the top-notch healthcare facilities that will be available to residents. The Kulsum International Hospital, known for its world-class medical 

care, is set to be launched at DIKNC, providing residents with access to state-of-the-art medical treatment. With a focus on providing the highest standards of care, the hospital will be staffed by experienced medical professionals, ensuring that residents receive the best possible healthcare services.

This development is a testament to DIKNC’s commitment to providing its residents with the highest quality of life, and it is sure to make the project an attractive choice for those looking for a new home in the region. 

If you’re looking for a place to call home that offers top-notch healthcare facilities and a commitment to quality of life, look no further than DI Khan New City. With the upcoming launch of the Kulsum International Hospital, residents will have access to world-class medical care right on their doorstep. Don’t miss out on this opportunity to live in one of the most exciting real estate projects in the region. Contact us today to learn more about how you can make DIKNC your new home!

5 Reasons to invest in D.I.Khan New City!

5 Reasons to invest in D.I.Khan New City!

5 Reasons to invest in D.I.Khan New City! 1200 628 D. I. Khan New City

Real estate investment can be a great way to secure your financial future and build wealth over time. Investing in a new and upcoming real estate project like D.I. Khan new city can be even more beneficial, as it offers the potential for high returns on investment. Here are five reasons why you should consider investing in the D.I. Khan new city real estate project.

 

High Potential for Capital Appreciation

One of the biggest advantages of investing in a new real estate project is the potential for capital appreciation. As the city and surrounding areas continue to develop and attract more residents, the value of the property is likely to increase. This means that, as an investor, you stand to make a substantial profit when you eventually sell the property.

The demand for housing in D.I. Khan is increasing as the city continues to grow, and the development of

D.I. Khan New City is well-positioned to meet this demand. This high demand for housing is likely to drive up property values in the area, making it a smart investment for those looking to make a return on their investment.

Additionally, the city’s economy is growing, with a number of industries, such as agriculture and manufacturing, driving economic growth. The development of D.I. Khan New City is expected to further boost the economy, creating new jobs and opportunities for residents. This economic growth is likely to have a positive impact on property values in the area, making it a wise investment for those looking to make a return on their investment.

 

Strong Rental Income:

Another reason to invest in the D.I. Khan new city real estate project is the potential for high rental income. As the city grows and attracts more residents, there will be greater demand for rental properties.

With the city’s population growing, the demand for rental properties is also increasing. This high demand for rental properties is likely to drive up rental rates in the area, providing investors with a steady stream of income from their investments.

As D.I. Khan continues to grow, the demand for housing will also increase. This presents an opportunity for investors to purchase properties in D.I. Khan New City and rent them out to residents. The city’s growing population and increasing demand for housing will help ensure a steady stream of potential tenants for rental properties.

 

State of the art Utilities:

When it comes to modern urban living, one of the most important factors to consider is the availability of standard utilities and amenities. That’s why the developers of D.I. Khan New City have made sure to include all the necessary utilities and amenities to ensure a convenient and comfortable lifestyle for residents.

One of the key features of D.I. Khan New City is its high-speed internet. With the increasing importance of the internet in our daily lives, it is essential for a city to have a reliable and fast internet connection.

D.I. Khan New City has made sure to provide its residents with a high-speed internet connection, ensuring that residents can stay connected and productive at all times.

Another important utility is the availability of phone lines. D.I. Khan New City has made sure that all residents have access to phone lines, ensuring that they can stay in touch with friends and family and conduct business as needed.

Of course, a reliable power supply is essential for any city. D.I. Khan New City has its own power grid and is connected to the national grid to ensure a constant supply of electricity. Additionally, the city has also implemented a number of energy-efficient measures, such as solar power generation, to reduce dependence on fossil fuels and minimize carbon emissions.

Clean water is another essential utility, and D.I. Khan New City has made sure to provide its residents with a safe and clean water supply. The city has its own water treatment plants that purify and supply water to the entire city. The water is tested regularly to ensure that it meets the highest quality standards. Additionally, the city has also implemented a number of water conservation measures, such as rainwater harvesting, to ensure that the water supply is sustainable for the future.

The sewage system is also an important part of the city’s utilities. D.I. Khan New City has a modern sewage system that effectively collects and treats wastewater. The city has its own sewage treatment plants that purify the wastewater before it is released back into the environment. This ensures that the city’s wastewater does not pollute the surrounding areas and protects the health of the residents.

D.I. Khan New City has been designed to provide its residents with all the necessary utilities and amenities to ensure a convenient and comfortable lifestyle. From high-speed internet and phone lines to a reliable power and water supply and a modern sewage system, the city has everything residents need to live a modern and comfortable urban lifestyle.

 

Quality Construction and Amenities:

D.I. Khan New City is designed to be a modern and sustainable community with a wide range of amenities for residents. This includes high-quality construction, parks, recreational facilities, shopping centers, and schools. These amenities are designed to improve the quality of life for residents, making it an attractive location for those looking to invest in real estate.

High-quality construction is a major selling point for any real estate project, and D.I. Khan New City is no exception. The developers of this new city have ensured that all properties are built to the highest standards, using durable materials and modern construction techniques. This ensures that the properties will be able to withstand the test of time and provide a comfortable living experience for residents.

Parks and recreational facilities are an important part of any community, and D.I. Khan New City is designed to provide residents with plenty of opportunities to enjoy the outdoors.

The city will feature well-maintained parks and green spaces where residents can relax, play, and socialize. Additionally, the city will also have recreational facilities such as sports fields and community centers where residents can engage in a wide range of activities.

Shopping centers and other commercial developments are also an important part of D.I. Khan New City. The city will feature a variety of shops, restaurants, and other businesses where residents can shop, dine, and enjoy their free time. This will create a vibrant and bustling community that will be a great place to live and work.

Finally, D.I. Khan New City will feature a variety of educational facilities, including schools and universities. This will provide residents with access to high-quality education and will attract families and young professionals to the area.

 

Special Economic Zone

One potential reason to invest in a real estate project in DI Khan New City could be the presence of a Special Economic Zone in the area. Special Economic Zone is designated areas that have more relaxed regulations and tax incentives compared to the rest of the country, which can make them attractive to businesses and investors. The presence of a Special Economic Zone in DI Khan New City could mean that there is increased economic activity and growth in the area, which could lead to a higher demand for housing and commercial properties. Additionally, the relaxed regulations and tax incentives within the SEZ could make it more profitable for real estate developers to build and operate in the area.

D.I. Khan is home to a growing economy, with a number of industries, such as agriculture and manufacturing, driving economic growth. The development of D.I. Khan New City is expected to further boost the economy, creating new jobs and opportunities for residents. This economic growth is likely to

have a positive impact on property values in the area, making it a wise investment for those looking to make a return on their investment.

The strong economic growth in D.I. Khan is being driven by a variety of factors, including the city’s strategic location and growing population. The city is located at the crossroads of major transportation routes and is easily accessible from other major cities in the region. This makes it an ideal location for businesses looking to set up operations in the area.

The city’s growing population is also playing a key role in driving economic growth. As the population grows, so does the demand for goods and services. This creates new opportunities for businesses to set up shops in the area, which in turn creates jobs and drives economic growth.

The development of D.I. Khan New City is also expected to have a positive impact on the economy. The construction of new homes, commercial developments, and infrastructure projects will create new jobs and stimulate economic growth. Additionally, the presence of modern amenities such as parks, recreational facilities, and shopping centers will attract more people to the area and create more opportunities for businesses to thrive.

D.I. Khan New City presents an opportunity for investors to benefit from a strong economic outlook. The city’s growing economy, strategic location, and growing population are expected to drive economic growth, which in turn is expected to drive up property values in the area. This makes it an attractive location for those looking to invest in real estate and make a return on their investment.

Investing in Dera Ismail Khan’s new city can provide a number of benefits. One of the main benefits is its proximity to the China-Pakistan Economic Corridor (CPEC) Western Route. The CPEC is a massive infrastructure and development project that aims to connect Gwadar Port in Pakistan’s Balochistan province with China’s Xinjiang region. The Western Route of the CPEC runs through Dera Ismail Khan, making it a strategically important location.

Investing in the new city of Dera Ismail Khan would give investors access to the economic opportunities created by the CPEC. As more and more businesses and industries move into the region to take advantage of the improved connectivity and infrastructure, there will be a growing demand for housing, commercial spaces, and other real estate developments. This could lead to a significant appreciation in property values, providing investors with a strong return on their investment.

Another benefit of investing in Dera Ismail Khan’s new city is the proximity to the Kallur Kot bridge. The kullurkot bridge will be connected to the CPEC Western route from Abdul Khel Interchange by a 45 KM long dual carriage way passing through Dhakki Mour,  traversing from DIKNC at a distance of 3Km

This makes the new city of Dera Ismail Khan an attractive location for businesses and industries looking to take advantage of the improved connectivity and accessibility.

 

Conclusion:

In conclusion, investing in the D.I. Khan new city real estate project offers a number of benefits. With a high potential for capital appreciation, strong rental income, State of the art utilities, quality construction and amenities, and a strong economic outlook, it’s a smart financial decision that can help you secure your financial future and build wealth over time. It’s always a good idea to research a real estate project thoroughly before investing and consult with experts in the field to make an informed decision.

Impact of inflation on real estate in Pakistan!

Impact of inflation on real estate in Pakistan! 1200 628 D. I. Khan New City

Inflation has a huge impact on real estate in Pakistan. Land prices, homes, apartments, and other real estate types have been rising steadily for the past few years. This directly affects the affordability of real estate for ordinary citizens. As inflation increases, the cost of living also rises, making it difficult for people to afford to buy property. In addition, the increasing prices of real estate also affect the construction industry, as materials become more expensive and wages remain stagnant.

The current economic situation in Pakistan has created an environment where many people are unable to purchase property, and this has caused an overall slowdown in the real estate sector. This article will explore the impact of inflation on real estate in Pakistan and what can be done to ensure that the sector remains healthy and vibrant.

 

Impact of Inflation on Real Estate Prices

Inflation is a term that is often used interchangeably with rising prices, but there is a lot more to it than that. Inflation is a general increase in the prices of goods and services in an economy over a certain period of time. This is caused by a combination of factors, such as supply and demand, monetary policy, and government spending. Rising prices are a natural consequence of inflation and can be detrimental to real estate prices in various ways. While demand for property is high, real estate becomes a lucrative investment option. However, rising prices cause the affordability of real estate to decrease, thereby decreasing demand and putting downward pressure on prices.

Real estate investors need to be aware of the current trends in the market and understand which way prices are likely to move. Inflation can have a huge impact on the value of the real estate, but it is also important to take into account other factors that can also affect prices. For example, a sudden increase in the supply of a particular type of property can cause prices to drop, even if the economy is experiencing high levels of inflation.

 

Effects of Inflation on the Construction Industry

Real estate is one of the highest-risk industries in the world. The majority of projects are delivered late and often over budget. This is due to a variety of factors, but one of the main causes is an increase in project-related costs. Construction companies are forced to pay more for materials and workers, which in turn means higher project costs for the buyer.

This can have a detrimental effect on the delivery time and cost of future projects that are currently in the pipeline. If these projects are unable to secure financing, they will be delayed or even canceled. This can create a ripple effect that damages the whole industry and has a knock on effect on the whole economy. Inflation can also affect housing and commercial property developers, as well as investors, who have to spend more on labor and materials.

 

Impact of Inflation on Affordability of Real Estate

The inflation rate is a key indicator of how much the cost of living is rising. If the inflation rate is high, the cost of living is also high, and people’s purchasing power will fall, making it difficult to sustain living standards. This can have a huge impact on the affordability of real estate. As the cost of living increases, people have less disposable income to spend on things like buying property. This can cause demand for property to fall, and real estate developers may find it difficult to sell their products.

Inflation can also affect the affordability of interest-only mortgages. If the inflation rate is high, the interest rate may also be high. This means that people will have to pay higher monthly payments, which may become unaffordable for many. This is particularly problematic for people who are taking out a mortgage for the first time and are not earning enough to make larger monthly payments. If people cannot afford their monthly payments, then it can lead to a rise in defaults and foreclosures.

 

Impact of Inflation on Property Demand

As the cost of living increases, people have less disposable income to spend on things like buying property. Real estate developers can depend on government policy to affect the demand for property. If the government imposes restrictions on buying or selling property, it can impact the demand. For example, if the government imposes a capital gains tax on the sale of real estate, fewer people will want to sell their property, and demand will drop.

The government can also regulate the supply of land, which has an impact on the demand for properties. For example, if the government places restrictions on developing land, demand will decrease, as there will be fewer properties available. Additionally, the government uses monetary policy to manage the supply of money in the economy. This can affect the demand for property, as people have less money to spend.

 

Measures to Control Inflation and Boost Real Estate Sector

When inflation is high and rising, the government may take action to combat this and control the situation. There are a number of ways in which the government can control inflation in the economy, including Increasing interest rates – this causes the exchange rate of the currency to rise and makes imports more expensive.

This reduces the demand for imports and can help the economy in the long run, although it can have a short-term impact on the economy, as it can make exports less competitive. Introducing tax increases – this can be done on a number of different items, including property. Increasing taxes can help the government to recoup revenue and reduce the deficit. Introducing government spending cuts – this is a short-term measure that can help to reduce the deficit and stabilize the economy. It can take some time before it has an impact, however.

 

How to get the maximum return for your investment in this inflation?

Investing in this inflation can be tricky, but it can also be very rewarding. To get the maximum return on your investment, you need to be smart and strategic. First, it’s important to research the market. You should look at the current trends in Pakistan’s stock market, as well as any upcoming developments that could affect your investments. You should also research different investments and understand the risks and rewards associated with each one. Once you’ve done your research, you can start investing. It’s best to diversify your portfolio so you don’t put all your eggs in one basket. Additionally, you should try to invest in high return investments, such as stocks, bonds, and commodities. Finally, you should monitor your investments regularly and make adjustments as needed. By following these steps, you’ll be able to maximize your return on investment and enjoy the rewards of your hard work.

 

Final Words:

The real estate sector is the one sector where nothing can be predicted exactly. Inflation, political situation and some other factors play a huge role in it. Thus it is very difficult to forecast about the market about to unfold. All we can do is to give some estimate on it by any means.

JK Marketing organized an open house for D. I. Khan New City

JK Marketing organized an open house for D.I. Khan New City

JK Marketing organized an open house for D.I. Khan New City 2048 1072 D. I. Khan New City

JK Marketing, Pakistan’s leading premium marketing company, organized an open house for D. I. Khan New City, inviting Jehangir Saifullah Khan, Chairman D. I. Khan New City, as Chief Guest. The open house featured an elaborate information session to bring current and potential customers up to speed with the latest developments, and all the opportunities and amenities D. I. Khan New City has to offer.

Financing Options for Owning a House in Pakistan with Roshan Apna Ghar D. I. Khan New City

Financing Options for Owning a House in Pakistan with Roshan Apna Ghar

Financing Options for Owning a House in Pakistan with Roshan Apna Ghar 1200 628 D. I. Khan New City

Home financing options in Pakistan have increased drastically in the last decade. Gone are the days when one had to wait all their life saving up to be able to build their dream abode. It has now become easier than ever to finance a house with the help of suitable mortgage rates and lower rates of interest along with longer debt maturity. In addition to this, Commercial banks have started providing housing finance schemes as well. Given following is a step-by-step procedure on how one can utilize house financing programs in Pakistan:

  1. Begin by selecting an institution that provides house financing. Most commercial banks, private or state owned, provide house financing schemes for example the ‘Apna Ghar Scheme’ started by the Bank of Punjab. House Building Finance Corporation (HBFC) was established solely by the government for the provision of home financing. Any institution may be selected as per the individual’s preference.
  2. Once the institution has been selected, apply to the house financing scheme by filling out the application form provided by the institution. The documents which are usually required include: Computerized National Identity Card (CNIC), income certificate, tax returns of FBR, current residential status and a personal guarantee. A minimal fee and waiting period are typically required for the processing and verification of your request.
  3. The third step involves choosing the option which best suits your priorities. These may include either the institution providing you a home fitting to your requirements, or you choosing a house in your preferred locality and requesting the institution to pay on your behalf. Land may be chosen, and a house may be built on it later, with all construction costs borne by the institution.
  4. In the final step, the institution determines your financial capacity using a team of qualified experts. The assessment usually looks at your financial resources, sources of income and credit history. Once selected as a suitable candidate, the loans are granted as per the decided terms and conditions. Some amount may be charged by the institution as down payment, but the rest is paid in installments as per the schedule provided by the institution. In the event of default in payments, the bank reserves the right to cease the asset and pursue legal action against you. Once the full payment has been done, the ownership of the property is transferred to your name.

 

Such a scheme is the Roshan Apna Ghar scheme launched by the State Bank of Pakistan for both Non-Resident Pakistanis (NRPs) and Pakistani Origin Card Holders (POC), allowing them to digitally or remotely purchase a property and build or renovate a house through their own investment or by using financing provided by a bank. Both conventional and Shariah compliant variants are offered under the scheme with favorable rates for a time span of three to twenty-five years. The digitalized process has made it much easier for overseas Pakistanis to obtain housing finance to invest in Pakistan’s real estate. NRPs who are looking to invest or obtain financing in pre-approved projects are given faster processing of their request. Investments by RDAs are repatriable and subject to full taxation.

 TYPES OF FINANCING OPTIONS

Standard Financing:

Lien Based Financing: NRPs can obtain house finance against lien on their RDA deposit balances or Naya Pakistan Certificates. Banks can finance up to 99% of the property value for the purchase or construction of houses; for renovation of house, financing is capped up to 40% of the property value. No mortgage of property, equitable or registered, is required against lien-based financing facility. The borrower will sign all the financing documents digitally, physical presence is not mandatory for execution of sale or transfer deed. The borrower will, however, have to nominate a person in Pakistan to complete the sale or purchase formalities and get the property transferred in the borrower’s name.

Non-Lien Based Financing: This is normal housing finance offered against mortgage of the property to be purchased; banks fund up to 85% of the property value for purchase or construction of house, and up to 30% of the property value for renovation of house. While the borrower will digitally sign the financing documents, their physical presence or power of attorney in Pakistan will, however, be required for obtaining the property’s title documents from Registrar etc. and creating the bank’s charge on the property. The banks will provide the soft copy of the Special Power of Attorney (SPA) to the borrowers for downloading, printing, signing, getting it attested by the Pakistan Mission in the borrower’s country of residence and sending the same to the attorney. Pakistan Missions and Foreign office in Pakistan has made special arrangements for attesting the SPAs of RDA holders on priority.

Government Mark-up Subsidiary Scheme (GMSS):

The house financing facility under GMSS is also available for RDA holders under Roshan Apna Ghar product as per the already defined criteria under respective tiers. In this case the financing rates applicable to Government mark-up subsidy scheme would apply.

UBL Roshan Apna Ghar is a unique financing facility that enables Overseas Pakistanis to invest in residential real estate in Pakistan. The facility is open to all UBL Roshan Digital Account holders in both Conventional and Islamic modes of financing. UBL is offering special discounts and offers for the clients of D.I. Khan New City . Special rates of markup with prioritized processing and disbursement will be offered to DIKNC customers for banking products including House building financing, loans for solar energy equipment, car financing and other special products.