An affordable housing scheme in Pakistan, titled “Khuda-ki-Basti, in the city of Hyderabad, Pakistan. This housing scheme was initiated by the former director general of the Hyderabad Development Authority (HDA...
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In March 1986, the HDA launched an Incremental Housing Scheme (IHS) in a portion of Gulshan-i-Shahbaz, a township which is being developed on the periphery of Hyderabad, Sind. The scheme aimed at overcoming the...
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House Building Finance Corporation (HBFC) was set up under the Government Act (titled “HBFC Act-1952”) as a public sector enterprise soon after Pakistan’s independence in 1947. Thus HBFC (the Corporation), est...
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REITs originated in United States in 1960. They were created by US Congress to make investments in large-scale, income-generating real estate accessible to small investors. The Congress envisaged REITs as entit...
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It is a presentation on mortgage-backed securitization (MBS), which globally is a very popular product. hopefully, HBFC’s proposed securitization will be the first MBS in the country. the proposed size o...
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The Nature of contract is a co-ownership. The transaction is not based on lending & borrowing of money but on the joint ownership of an asset. In Islamic Housing Finance, bank takes risk in property up to t...