Strategy for housing finance reforms in Pakistan by Infrastructure And Housing Finance Department of State Bank of Pakistan and Finance and Private Sector Development South Asia of World Bank. Although implementation of all recommendations made in the document has a mutually exclusive merit; however, there are certain measures- i.e. reforming legal framework, rationalizing transaction costs, automating the revenue records and streamlining the property appraisal process- that have the potential to positively impact implementation of other recommendations for deepening and broadening of housing finance in Pakistan. Therefore, implementation of these should be given priority over others. Moreover, it is important to understand the cross linkages of the recommendations.