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| Document Type: | General |
| Publish Date: | 21/11/2014 |
| Primary Author: | House Building Finance Corporation (HBFC,) |
| Edited By: | Suneela Farooqi |
| Published By: | House Building Finance Corporation (HBFC,) |
Social housing company, proposed to be initiated by HBFC. A Social Housing Company is being promoted by HBFC, SAIBAN, Acumen Fund etc. to design and develop low cost housing projects on concept of “Incremental Housing”. Initial capital is proposed at Rs.125 – 250 Mn. The idea has been encouraged by the Prime Minister and is being promoted under SBP platform. The Project will be structured to be socially responsible and will operate as commercially viable entity as well.