PM “Apna Ghar” housing scheme sees 52% rise in applicants

The number of applicants for Pakistan’s Prime Minister Apna Ghar Housing Scheme has increased by 52%, according to the Ministry of Finance, reflecting growing demand for housing finance across the country.

The number of applicants for Pakistan’s Prime Minister Apna Ghar Housing Scheme has increased by 52%, according to the Ministry of Finance, reflecting growing demand for housing finance across the country.

The development was discussed during a meeting of the Steering Committee on Access to Finance chaired by Federal Finance Minister Muhammad Aurangzeb on Tuesday. The meeting reviewed progress in several priority sectors, including housing, agriculture, small and medium-sized enterprises (SMEs), exports, information technology and renewable energy.

According to officials housing finance increased from Rs294 billion at the end of June to Rs307 billion by mid-August.

Applications under the Prime Minister Apna Ghar programme have risen by 52% since June, reaching approximately 139,000 applications. The number of approved applications also increased by 84%, exceeding 46,000.

Officials said approved financing under the programme has nearly doubled rising from Rs144 billion to Rs279 billion.

The number of loans disbursed through the Apna Ghar programme increased by 59% to more than 7,600 loans, with the total amount disbursed exceeding Rs38 billion.

The meeting also reviewed regulatory and legal measures aimed at expanding access to housing finance. These include revised prudential regulations introduced by the State Bank of Pakistan.

Under the updated framework housing finance includes a 90:10 loan-to-value ratio a 65% debt-burden ratio and new procedures for assessing informal income.

Officials also discussed measures to simplify property valuation and documentation, expand digital processing and make long-term housing finance more accessible.

The approval of the Financial Institutions (Recovery of Finances) Amendment Act 2026 was described as an important legal reform for improving the recovery and enforcement framework for mortgage-based lending.

The government has also set ambitious targets for agriculture and SME financing. It aims to increase financing in these sectors to Rs1.5 trillion by June 2027 and Rs2 trillion by June 2028.

Finance Minister Muhammad Aurangzeb stressed the need to direct the financial sector toward productive investment, business expansion, home ownership, agricultural productivity and export-led economic growth.The number of applicants for Pakistan’s Prime Minister Apna Ghar Housing Scheme has increased by 52%, according to the Ministry of Finance, reflecting growing demand for housing finance across the country.