KARACHI: A consortium of private builders and developers has launched the much-awaited low-cost housing schemes for the low and middle-income groups in Pakistan that are partially being financed by the World Bank.

Various governments, including the current PML-N government, promised such housing schemes to the masses, but they never kept their words.

they said

“Initially, we are launching four low-cost housing schemes in Islamabad and Karachi with an estimated investment of Rs60 billion,” Association of Builders and Developers of Pakistan (ABAD) Chairman Mohsin Sheikhani said at the fourth international expo that was opened.