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Pakistan

One of our priority countries, Reall has been operating in Pakistan since 1992, and undertaking our more commercial strategies since 2014.

With a housing backlog of 9 million homes and an annual housing shortfall of 270,000 homes, the need in Pakistan is huge. Besides the shortage of available housing, inflation and the rising trend in prices make home ownership even further out of reach for the average Pakistani each year. Housing finance in Pakistan is notably underdeveloped, only 1,500 new mortgages are extended annually, and the large majority of these are offered to borrowers living on middle and higher incomes.

Through Ansaar Management Company (AMC), Reall has financed housing projects in Faisalabad, Lahore and Peshawar. As well as the hundreds of homes and plots completed so far, considerable success has been realised in developing an agreement with HBFC Bank to provide mortgages for AMC’s clients, with many now receiving these mortgages, and in setting up one of Pakistan’s first employee-owned housing schemes with Sitara Chemical Industries Ltd. AMC are also a member of the government’s Affordable Housing Panel.

People Housed 894
Jobs Created 2,173
People with Improved Water 894
People with Improved Sanitation 894
Women and Children Housed 664
Number of Projects 7
Avg. Basic Home Completion Cost (Last 5 Years) $ 7,650
Total Invested $ 12,504,348

Delivery of Homes

Houses

Basic Homes
1931
Total Expected
281
Complete
1650
In Progress
rental homes
102
Total Expected
41
Complete
61
In Progress

Other Products

land plots
1781
Total Expected
338
Complete
1443
In Progress

Client Data

Household Demographic Data
Household Size
4.56
Proportion Female
55.1
Proportion Children
38.4
Proportion Elderly
3.0
Proportion Disabled
0.5

Pakistan Project Finances

Displayed In

Investments — Reall to Affordable Housing Partners

Total Project Investments
PKR 1,924,900,801
$ 12,504,348
Loans
PKR 1,924,900,801
$ 12,504,348

Based on exchange rate on 31/01/2020

Funds Lent by Partners to Households
Funds Lent by Partners to Households
PKR 749,254,284
$ 4,867,231
Funds Repaid by Households to Partner (to date)
Funds Repaid by Households to Partner (to date)
PKR 454,182,469
$ 2,950,415

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Data last updated on 31/03/2020