binance hacked
CategoriesCitadel One3 Economy Investment Property Real Estate Investment

Binance Hacked: $6.3 Billion Gone, Why Real Estate Could Be the Biggest Winner

Yes, Binance was hacked. The exchange says about $6.3 billion in assets were affected, roughly $3 billion has been frozen, and deposits and withdrawals are on hold while it investigates. Binance also says user funds remain safe, and points to its emergency reserve, the Secure Asset Fund for Users (SAFU).

That’s the short version. The longer one matters more, especially if you have been wondering whether the savings you parked on a crypto app are really yours in the way a plot of land is yours.

What happened to Binance?

Binance Hacked

TRM Labs says the attacker moved around $6.36 billion out of Binance wallets on October 29, across ten blockchains. Most of it left in about 20 minutes. Binance puts the impact at about $6.3 billion. Early social media posts guessed anywhere between $2 billion and $8 billion, so the official figure landed somewhere in the middle.

For scale: Binance reported 335 million registered users and about $162.8 billion in assets under custody in its 2025 annual report. TRM says all crypto hackers combined stole about $2.9 billion last year, across nearly 150 attacks. One afternoon at Binance was more than double that.

Richard Teng co-ceo of Binance

Binance co-CEO Richard Teng said the first look at the evidence suggests the break-in started with a compromised engineer’s laptop. Investigators think the attackers used that foothold to tamper with a genuine transaction request and send funds to wallets they controlled. Other firms helped freeze money as it moved. Binance said Ripple froze roughly $200 million.

Markets noticed. Bitcoin fell, and in after-hours US trading, Coinbase shares fell 4.8% while Strategy, a big bitcoin holder, dropped nearly 6%.

Binance Hacked?

Nobody has claimed it, and Binance hasn’t named anyone. But TRM Labs, Chainalysis and the on-chain investigator ZachXBT all point to North Korea’s TraderTraitor group. TRM says the method matches earlier North Korean heists, including the 2025 Bybit hack that the FBI pinned on Pyongyang.

Treat that as strong expert opinion, not a court verdict. The investigation is still open.

Binance Hicaked: What the experts are saying

We reviewed analyst reactions published since the news “Binance Hacked” broke. The voices differ in tone, but they keep circling the same worry.

Eric Jardine, head of research at Chainalysis, was careful. He said the investigation is ongoing and that the cause couldn’t yet be confirmed. His boss, CEO Jonathan Levin, was more direct, saying the pattern looks like TraderTraitor and putting the haul slightly higher than Binance’s figure at about $6.4 billion.

Aravind Srinivasan, who runs systematic OTC at market maker GSR, called it the biggest hack in history. He also flagged the day-to-day effect: wider spreads and thinner liquidity on Binance’s spot market, which makes trading more expensive for ordinary users.

Mark Karpeles, former head of Mt. Gox and now CEO of Karpeles Lab, knows a thing or two about exchange disasters. He said Binance appears to split its assets across several systems, so one breach can only reach part of them. His catch: even a partial loss at this size is huge.

Tim Sun, a senior researcher at HashKey Group in Hong Kong, said the hack could dampen risk appetite and push investors to rethink the safety of coins held on centralised exchanges. He named the usual suspects: counterparty, solvency and liquidity risk.

Sean Foley, a crypto markets specialist at Macquarie, made the confidence point. Binance is one of the biggest centralised exchanges, so a hit to trust in it could rattle retail investors and weigh on prices.

Reuters also reports that crypto was already under pressure this year from higher US interest rates and softer buying through exchange-traded funds. The hack lands on an already nervous market.

Our read of all this: nobody is saying crypto is finished. Almost everyone is saying the same quieter thing: that when your coins sit on someone else’s platform, you’re trusting that company’s people, laptops and approval processes as much as the technology.

My Binance account might be hacked. What should I do?

If you’re searching for “Binance withdrawal blocked” or “how to recover a hacked Binance account”, first take a breath. Withdrawals are paused for everyone right now, so a blocked withdrawal doesn’t mean you were targeted.

Then do these things:

  • Get updates only from Binance’s verified website, app, and official X account.
  • Ignore anyone offering to “recover” your funds on Telegram, WhatsApp or by DM. Hack headlines bring scammers out within hours.
  • Never share your password, 2FA codes or seed phrase with anyone, including people claiming to be support.
  • Change your password, switch on app-based or hardware-key 2FA, and check your logged-in devices and API keys.
  • Screenshot your balances and transaction IDs, in case you need to file a claim later.

Binance hacked before?

Yes. Binance lost around 7,000 BTC in a 2019 hack and was hit by a large BNB bridge exploit in 2022. Both were serious. This one is in a different league.

What the “Binance Hacked” says about holding crypto

When you keep coins on an exchange, you don’t hold the asset. You hold a promise from a company to return the asset. One compromised laptop was apparently enough to put billions in play, and no user, however careful, could have prevented it.

Self-custody has its own traps: lost keys, phishing links, fake apps, mistakes that can’t be reversed. And prices can swing hard in a day. None of this makes digital assets worthless. It does make them a shaky place to keep money you can’t afford to lose.

Most financial planners say the same thing about any single asset: don’t put everything in one basket. This week is a good reminder why.

Why some investors are looking at tangible assets

binance hacked and people look for tangible assets like property and real estate

Gold, silver and property have a few things going for them that a digital balance doesn’t.

  • You can point at them. A plot, a flat or a gold bar exists whether or not a server is online.
  • The paperwork is public. Land and property titles are registered with the authorities and backed by courts, not by a platform’s terms and conditions.
  • They have history. Gold has held value for centuries. Property in well-planned cities has tended to follow population growth and inflation over the long run.
  • Property can pay you. Rent is income. Most crypto sits there and does nothing.

They aren’t risk-free, though. Property is harder to sell quickly, prices can fall, and some developers are far better than others. Gold moves around too. The difference is that nobody can empty your flat in twenty minutes from another country.

Binance Hacked: What this means in Pakistan

binance hacked

Pakistan has a young, growing population, steady demand for city housing, and a long habit of putting savings into gold and property. Plenty of families also turned to crypto in recent years, which is why Binance hacked searches here are full of questions like whether it’s safe, whether it’s halal and what happens if it’s banned. A headline like this one makes people ask where else their money could go.

In Islamabad, the Blue Area is still the capital’s main commercial address. Well-built towers there have drawn local buyers and overseas Pakistanis who want something solid at home.

Islamabad’s Tallest Residential Tower: Citadel One3

One development in that conversation is Citadel One3 by Chakor, a luxury condominium tower on Jinnah Avenue in the Blue Area.

The developer describes it as a 40-plus-storey building with smart-building features and strong rental potential, thanks to its central location. It sits alongside the company’s other projects such as Citadel 7.

Chakor has made headlines before. It introduced a 60-40 payment model for Citadel 7 and put up a public possession countdown there, so buyers could see the handover timeline for themselves. The company has offices in Islamabad (Plot 7, Main Jinnah Avenue, Blue Area) and Dallas, Texas, which helps buyers abroad.

The appeal is simple. An apartment at a prime address is something you can walk through, inspect and hold the title to.

Before you buy any property

  • Check the developer’s approvals and NOCs with the relevant authority, which for Islamabad means CDA.
  • Read the payment plan, handover dates and penalty clauses in writing.
  • Visit the site and see the construction progress yourself.
  • Have an independent lawyer verify the title documents.
  • Compare expected rent and resale prices with similar projects nearby.
  • Contact the developer directly: Chakor, +92 (334) 111-11-99, sales@chakorventures.com.

FAQs – Binance Hacked

Has Binance been hacked?

Yes. Binance says about $6.3 billion was affected and around $3 billion is frozen so far. It says user funds remain safe.

Who hacked Binance?

Blockchain analytics firms blame North Korea’s TraderTraitor group. Binance hasn’t named a culprit.

Can Binance be hacked again?

Any big exchange can be targeted. Binance had earlier incidents in 2019 and 2022, and this one is far bigger.

Is my money on Binance safe?

Binance says yes and points to its SAFU reserve. Follow its official announcements and be wary of anyone else’s.

Should I invest in crypto?

That’s your call. Never invest more than you can afford to lose, and consider spreading your money across different asset classes.

Are tangible assets safer than crypto?

They can’t be hacked, but they carry their own risks, like slow resale and weak developers. Do your homework either way.

Sources

Prime Minister Housing Loan Scheme
CategoriesConstruction Economy Property

Prime Minister Housing Loan Scheme 2026: Eligibility, Markup Rate & How to Apply

The Prime Minister Housing Loan Scheme, officially the Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna, offers first-time home buyers in Pakistan loans of up to Rs 10 million. The markup is 5% for the first 10 years. The tenure runs up to 20 years, with a 10% down payment.

Last updated: October 2026

What Is the Prime Minister Housing Loan Scheme?

The Prime Minister Housing Loan Scheme is a government markup subsidy and risk-sharing scheme for affordable housing finance. Its official name is Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna. People also call it the PM Apna Ghar scheme or the pm housing loan scheme.

This is a government housing loan scheme, but banks provide the funds. The government pays part of the markup so that borrowers pay a lower rate in the early years. Commercial banks, Islamic banks, microfinance banks, and the House Building Finance Company Limited (HBFCL) participate in the scheme.

Prime Minister Shehbaz Sharif launched the programme on 30 April 2026. According to the State Bank of Pakistan (SBP), the scheme was revised in September 2025. That revision raised the maximum loan to Rs 10 million and set the subsidised rate at 5% for the first 10 years.

Some bank pages still use the earlier name, Mera Pakistan Mera Ghar. This earlier government scheme was introduced in October 2020. If you see that name on a bank website, check the terms listed there against the current programme.

This scheme is for Pakistan. It is not the Indian PMAY scheme.

Key Features of the PM Housing Loan Scheme

Feature Details
Maximum loan Up to Rs 10 million through commercial and Islamic banks
Microfinance banks Up to Rs 5 million
Markup rate 5% fixed for the first 10 years
After 10 years 1-year KIBOR + 3%
Loan tenure Up to 20 years, with the subsidy for the first 10 years
Financing 90% from the bank, 10% from the borrower
Processing fee None
Early repayment penalty None
House size Up to 10 marla
Flat or apartment size Up to 1,500 sq ft

The subsidy covers only the first 10 years. If you take a 20-year loan, the bank charges a market-based rate in the last 10 years. That rate is linked to the 1-year KIBOR.

Who Is Eligible for the PM Housing Loan Scheme?

Prime Minister Housing Loan Scheme

 

The eligibility rules are simple at the national level. Banks then add their own checks on income, age and documents.

Basic Eligibility 

  • You must be a Pakistani citizen with a valid CNIC. Overseas Pakistanis can apply with a NICOP.
  • You must be a first-time homeowner.
  • You must not own any housing unit in your name.

Who Can Apply? 

The SBP says people from all professions can apply. This includes salaried people with documented income and people without formal payslips. Overseas Pakistanis are also eligible.

Age Limits 

The scheme itself does not set an age limit. Each bank sets its own. As examples, BankIslami lists 25 to 60 years for salaried applicants and 25 to 65 years for self-employed applicants. JS Bank lists 23 to 60 years for salaried applicants and 21 to 75 years for self-employed applicants. Check with your bank before you apply.

Income Requirements 

Zameen reports a minimum income of Rs 25,000 per month for the main applicant and Rs 20,000 for a co-applicant. Some banks ask for more. For example, Bank of Khyber lists Rs 35,000 as the minimum net monthly income.

Co-Applicants

You can apply with up to three other people to meet the repayment requirement. Older applicants can also apply together with earning family members.

Government Employees

Government employees can apply for this government housing loan like other salaried applicants. Contractual government employees usually need at least three years of service.

Salaried employees generally need at least two years of employment, and self-employed applicants need three years of business history. These rules vary by bank.

Overseas Pakistanis

Non-resident Pakistanis with a valid NICOP can apply. Banks such as Bank Alfalah list both residents and non-residents as eligible.

What Can You Buy or Build? Prime Minister Housing Loan Scheme

The Prime Minister’s house loan scheme can finance:

  • The purchase of a house or flat
  • The construction of a house on a plot you already own
  • The purchase of a plot and construction of a house on it
  • The purchase of a unit in an under-construction project

The scheme covers houses of up to 10 marla and flats of up to 1,500 sq ft. It is for residential use only. It does not cover investment or rental properties.

The bank values the property through its own approved evaluator. This is separate from the FBR valuation rate in Pakistan, which is used for property taxes.

For construction, banks usually release funds in phases tied to on-site progress.

Markup Rate, EMI and the Cost of Your Loan

The first 10 years carry a fixed 5% rate. This keeps the monthly instalment low. Islamic banks call it a rental or profit rate. For example, Meezan Bank lists a fixed rental rate of 5% for the first 10 years.

Askari Bank publishes a sample table for a financing amount of Rs 10 lakh (Rs 1,000,000):

Tenure Monthly payment (first 10 years)
10 years Rs 10,607
15 years Rs 7,908
20 years Rs 6,600

Using the same 5% rate, you can estimate payments for other loan sizes. These are approximate figures for the first 10 years only:

Loan amount 10 years 15 years 20 years
Rs 5 lakh about Rs 5,300 about Rs 3,950 about Rs 3,300
Rs 25 lakh about Rs 26,500 about Rs 19,800 about Rs 16,500
Rs 50 lakh about Rs 53,000 about Rs 39,500 about Rs 33,000
Rs 1 crore about Rs 106,000 about Rs 79,000 about Rs 66,000

For example, a Rs 1 crore loan over 20 years works out to about Rs 66,000 per month during the first 10 years. After that, the rate moves to 1-year KIBOR + 3%. Your instalment can then change.

The scheme has no processing fee and no early repayment penalty. You can pay the loan off early without a penalty. Property purchase taxes are separate from the loan. For example, buyers pay advance tax under Section 236K.

For exact figures, use the Prime Minister Housing Loan Scheme calculator on your bank’s website. For example, Bank Alfalah lists a calculator for the programme. 

How Much Loan Can You Get on Your Salary?

The prime minister housing loan you qualify for depends on your income. Banks check your debt burden ratio (DBR). Zameen reports that the DBR must not exceed 33% of your net monthly income. This means your total monthly loan payments should stay within about one-third of your income.

Here is a simple estimate for a 20-year loan at 5%, assuming you have no other loans:

Net monthly income 33% available for the instalment Approximate loan size
Rs 25,000 Rs 8,250 About Rs 12.5 lakh
Rs 35,000 Rs 11,550 About Rs 17.5 lakh
Rs 50,000 Rs 16,500 About Rs 25 lakh
Rs 100,000 Rs 33,000 About Rs 50 lakh

These are estimates, not bank offers. Each bank makes its own assessment. Existing loans reduce the amount you can borrow. Adding a co-applicant can raise it.

Documents Required – Prime Minister Housing Loan Scheme

The documents for the PM house loan scheme depend on the bank and whether you are salaried, self-employed, or have informal income. For a pm housing loan, banks commonly ask for:

  • Valid CNIC (front and back), or NICOP for overseas Pakistanis
  • Recent passport-size photograph
  • Employment certificate and salary slip, for salaried applicants
  • Business documents, for self-employed applicants
  • Bank statements, usually for the last six months to a year
  • Property documents, if you already own the plot
  • Utility bills

Banks also check your credit history through the Electronic Credit Information Bureau (ECIB). A clean record helps your application.

How to Apply for the Prime Minister Housing Loan Scheme?

There are two ways to apply. You can apply through the official online portal or at a participating bank. 

Prime Minister House Loan Scheme in Pakistan Online Apply: Step-by-Step

Many readers search for the Prime Minister Housing Loan Scheme apply online process. The official portal is apnaghar.gov.pk. Follow these steps:

  1. Check that you meet the eligibility rules above.
  2. Gather your documents, such as your CNIC, photo, employment certificate, salary slip and six-month bank statement.
  3. Open the official portal at apnaghar.gov.pk and submit your application details.
  4. Upload your documents when the form prompts you.
  5. Wait for the bank to contact you. Some banks, such as Bank Alfalah, state that a representative will contact you within three working days of your request.
  6. Complete the bank’s checks, including property valuation and credit history review.

Applying Directly at a Participating Bank

banking partners of prime minister housing loan scheme

You can also apply directly at a participating bank. Visit the branch, ask for the Wazir-e-Azam Apna Ghar Program and submit your documents. Some banks, such as Allied Bank, state that their branches are designated to receive and process applications. Askari Bank says it accepts applications at every branch.

What Happens After You Apply? Prime Minister Housing Loan Scheme

The bank reviews your income and credit record. It also values the property through its approved evaluator. If approved, you pay the 10% down payment, and the bank finances the remaining 90%.

The government has announced SBP reforms aimed at reducing approval time to about 15 days, according to Profit. Once the bank approves the loan, the property transfer must be registered. See this guide to property registration in Pakistan for the steps and charges.

Be careful with agents who promise to speed up your file. The process runs through banks. You can handle it yourself.

Which Banks Offer a House Loan in Pakistan Under This Scheme?

Commercial banks, Islamic banks, microfinance banks, and HBFCL all participate. Banks that publish the scheme on their websites include:

Type Banks
Conventional Allied Bank, Askari Bank, Bank Alfalah, Bank AL Habib, Bank of Khyber, MCB Bank, National Bank of Pakistan, Soneri Bank, JS Bank
Islamic Meezan Bank, BankIslami, and the Islamic windows of other banks
Public sector House Building Finance Company Limited (HBFCL)

The scheme’s main terms apply across participating institutions. These include the 5% rate, 90:10 split and Rs 10 million limit. Banks differ in income requirements, age limits, documents and service. Compare these points when choosing where to apply for a house loan in Pakistan. Choose between conventional and Islamic financing based on your own preference.

Applications So Far: Prime Minister Housing Loan Scheme

latest statistics prime minister housing loan scheme
Statistics as of October 9, 2026

The SBP shared figures at a workshop in July 2026. Banks had received 107,000 applications since March 2025. Nearly 80% came after the September 2025 revision. More than 27,000 applications had been approved and 13,000 rejected.

By 30 June 2026, banks had disbursed more than 6,000 loans worth Rs 26 billion. The average loan was Rs 4.8 million.

The federal budget for FY2026-27 sets aside Rs 71 billion to subsidise the loans. The government aims to finance 150,000 homes by June 2027.

Tips to Improve Your Chances of Approval

  • Check your credit record before you apply. Banks review your ECIB history.
  • Keep your total monthly loan payments within the debt burden limit.
  • Add a co-applicant if your income alone is not enough.
  • Keep your income and property documents complete and up to date.
  • Choose a property within the size limits: up to 10 marla for a house and 1,500 sq ft for a flat.
  • Apply through the portal or directly at a bank branch, not through unofficial agents.

Is the Prime Minister Housing Loan Scheme Worth It?

The scheme has clear benefits. The 5% rate for 10 years is low. There is no processing fee and no early repayment penalty. The 10% down payment is lower than what many buyers expect.

There are other points to weigh. The rate changes after year 10. The size limits may not suit every buyer. The scheme covers residential use only, and the bank decides how much it will lend based on your income. Read your bank’s key fact statement before you sign. Budget for taxes and fees on top of the 10% down payment. A property tax calculator can help you estimate them.

For first-time buyers in Pakistan, the scheme is a practical way to move from renting to owning.

FAQs – Prime Minister Housing Loan Scheme 

What are the eligibility criteria for the Prime Minister housing loan scheme?

You must be a Pakistani citizen with a valid CNIC, or an overseas Pakistani with a NICOP. You must be a first-time homeowner and must not own any housing unit in your name. Banks set their own income, age and employment rules.

How to apply for the government-backed home loan scheme?

You can apply through the official portal at apnaghar.gov.pk or at a participating bank. Prepare your CNIC, photo, income proof and bank statements. The bank then checks your income, credit history, and the property before approving your application.

Can I apply for the PM Apna Ghar loan scheme online?

Yes. The official portal at apnaghar.gov.pk accepts applications, and some banks also offer online application forms. Banks may ask you to visit a branch later to complete the process.

How to apply for the PM loan scheme in 2026?

Confirm your eligibility, gather your documents, then apply through the portal or a participating bank. Keep your documents ready so the bank can complete valuation and credit checks quickly.

Who is eligible for the PM Apna Ghar scheme?

First-time homeowners with a valid CNIC or NICOP who do not own a house or flat in their name. The SBP says applicants from all professions can apply, including those without formal payslips.

Can I apply for Mera Pakistan Mera Ghar online in 2026?

Some banks still use the Mera Pakistan Mera Ghar name for their housing finance pages. The current government programme is Wazir-e-Azam Apna Ghar Program – Ghar Ho Tu Apna. Apply through the official portal or a participating bank.

What are the requirements to qualify for a home loan under the scheme?

You need a valid CNIC, proof of income, bank statements and a property that meets the size limits. Banks also check your credit history and debt-to-income ratio.

What is the EMI for a 1 crore home loan for 20 years?

At the scheme’s 5% rate, a Rs 1 crore loan over 20 years costs about Rs 66,000 per month during the first 10 years. After that, the rate becomes 1-year KIBOR + 3% and the instalment can change.

Which bank is best for a house loan in Pakistan?

The scheme’s core terms are the same across participating banks. Banks differ in income and age rules, documents, branch access and service. Compare these points and decide between conventional and Islamic financing.

What is Meezan Bank’s house loan scheme?

Meezan Bank offers the Wazir-e-Azam Apna Ghar Program as an Islamic financing option. It offers a fixed rental rate of 5% for the first 10 years, a tenure of up to 20 years, and financing up to Rs 10 million.

Can I get a 0% interest loan in Pakistan?

Not under this scheme. The government subsidy lowers the rate to 5% for the first 10 years. Islamic banks charge a rental or profit rate instead of interest.

How much loan can I get with a 35,000 salary?

It depends on the bank. As an estimate, a debt burden limit of 33% leaves about Rs 11,550 per month for the instalment. At the scheme’s 5% rate over 20 years, that supports a loan of about Rs 17.5 lakh. A co-applicant can increase the amount.

Is the Prime Minister housing loan scheme a personal loan?

No. It is housing finance. You use it to buy or build a house or flat, and the property is the loan’s purpose.

Conclusion

The pm housing loan scheme and the wider government housing loan scheme depend on bank approval, so check your income, credit history and documents first. Visit the official portal at apnaghar.gov.pk or your nearest participating bank to apply.

Once you have your finance in place, explore the latest residential and commercial developments from Chakor, Pakistan’s leading real estate developer. 

Sources:

el nino
CategoriesNews Construction Property Real Estate Urban Developments & Planning

Construction Growth Reaches 19.2% as Rs10m Subsidised Housing Loans Lift Pakistan’s Property Market

KARACHI: Pakistan’s construction sector has grown sharply over the past year. Builders credit the government’s subsidised housing finance scheme, even as banks remain cautious about lending.

The State Bank of Pakistan reported that construction growth, which stood at negative 3.3 percent in the first quarter of FY25, rose to 17.6 percent in the fourth quarter of that year. It reached 19.2 percent in the first quarter of FY26, and the first half of FY26 recorded 14.6 percent. Public Sector Development Programme spending increased 41.8 percent in the same half, against a 1.1 percent decline a year earlier.

The Prime Minister’s Ghar Ho Tu Apna scheme, launched in September 2025, offers loans of up to Rs10 million at a fixed five percent rate, with the government paying the markup subsidy. Hassan Bakhshi, chairman of the Association of Builders and Developers, said the scheme has provided liquidity and revived purchasing. Some builders have recovered capital tied up in unbooked apartments.

Banks, however, have issued fewer loans than expected. Bakhshi said lenders require complete documentation, while many owners begin construction without proper design or approval from the Sindh Building Control Authority, making their projects ineligible.

The US-Iran war has also changed investment patterns. Bakhshi said money that would have gone to Dubai property is now being invested at home, which pushed prices in areas such as Defence Society up by as much as 60 percent. He added that a correction of up to 20 percent has been recorded in Defence over the past month.

For more real estate news and special reports, visit Chakor.

Sources:

CategoriesNews Construction Developments Economy Property Real Estate Real Estate Investment Urban Developments & Planning

Punjab’s Digital Housing Scheme Bags UN Scroll of Honour, Ranks Among World’s Top Five

LAHORE: Punjab’s flagship housing initiative, ‘Apni Chhat, Apna Ghar‘, has been named a recipient of the United Nations Scroll of Honour Award, placing it among the five most successful housing programmes worldwide this year.

UN-Habitat confirmed the honour following an extensive global review of housing initiatives, citing the programme’s role in extending safe, affordable shelter to low-income families. Only five schemes are chosen for the award internationally each year, making the recognition a notable achievement for the provincial government led by CM Punjab.

The award will be formally presented on October 5 during World Habitat Day, with the main ceremony taking place in Muscat, Oman. Related seminars and workshops on urban housing development are scheduled to run in the Omani capital from October 6 to 8.

Since its launch, the programme has disbursed roughly Rs260 billion in loans, enabling construction of more than 200,000 homes across two phases. The first phase accounted for over Rs196 billion in financing for 134,439 units, while the second added more than Rs62 billion for an additional 65,000 houses. Around 125,000 families have already moved into completed homes under the scheme.

Beyond the scale of financing, the programme is Pakistan’s first fully digital housing finance model, a feature officials say has helped streamline loan disbursement and construction tracking at scale.

The UN recognition adds to a string of accolades for the initiative, reinforcing its position as a reference model for low-cost housing delivery, both within Pakistan and among developing economies pursuing similar affordable-housing agendas.

For more real estate news and special reports, visit Chakor.

Source:

CategoriesNews Property Property Laws Property Taxes Real Estate Investment

Property Tax Windfall Signals Capital Flight Reversal, But Experts Warn of Real Estate Bubble Risk

Withholding tax collected from immovable property transactions climbed 57 percent in FY26, even as the government slashed advance tax on property purchases by half in the FY27 budget to encourage investment. The concession followed a marked surge in real estate prices, with plots in parts of Karachi reportedly multiplying in value within six months.

Analysts link the trend to reversed capital flight from the Gulf, particularly the UAE, as regional instability tied to the US-Iran conflict prompted funds once parked abroad to return.

Stronger remittance inflows and higher dollar liquidity from exchange companies have reinforced this shift, bolstering forex reserves and domestic liquidity.

However, concerns are mounting that this capital is settling into largely unproductive assets- vacant plots rather than industry or the stock market- which remains less attractive given its risk profile and a plateauing outlook.

Pakistan’s investment-to-GDP ratio continues to languish near record lows, with high taxation, weak industrial competitiveness, and regulatory hurdles cited as key deterrents to formal-sector investment. Some inflows reportedly still move through informal hundi-hawala channels, avoiding documentation altogether.

Officials are said to be exploring an investment vehicle for overseas Pakistanis to help finance $6.5 billion in public-private partnership projects, though critics argue such measures should have been introduced earlier.

A historical precedent is being cited: after Pakistan’s 1998 nuclear tests triggered a freeze on foreign currency accounts, banks led by HBL used incentive schemes to keep the resulting rupee liquidity within the formal banking system.

With regional tensions unresolved and capital inflows expected to persist, policymakers, the central bank, and commercial banks face renewed pressure to channel this liquidity into productive sectors or government securities before speculative pressures in real estate deepen further.

For more real estate news and special reports, visit Chakor.

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CategoriesNews Developments Property Property Laws Real Estate Real Estate Investment Urban Developments & Planning

733 Karachi Development Projects Worth Rs59bn Go Online in Transparency Push

KARACHI: The Karachi Metropolitan Corporation (KMC) has begun publishing details of 733 development projects worth a combined Rs59 billion on its website, part of a broader digital transparency drive announced this week.

Mayor Barrister Murtaza Wahab said new sections added to the KMC website cover municipal assets and properties, ongoing development schemes, a Karachi Development Map, and a Land Record Management System. The project database includes costs, approved allocations and expenditure, along with details of contractors, funding sources and the institutions responsible for each scheme.

Through the interactive map, residents can track the location, jurisdiction, cost, progress and expected completion date of ongoing road works, including a Rs173 million scheme in District East, the Rs155 million Patel Hospital Road project, and the Rs472 million Mirza Adam Khan Road project. Photos and videos of construction progress will also be uploaded for public monitoring.

KMC is separately digitising land records dating back decades, with future property transfers to be recorded electronically. Employee records have been shifted to the SAP system to curb duplicate or fraudulent payments, and the civic body is moving toward an account-to-account digital payment system capable of tracking every transaction.

Wahab said the shift to digital collection has already lifted revenue, with one department’s monthly collections rising from around Rs170-180 million to roughly Rs300 million last month. Revenue and receivables are expected to be linked to the digital system in the coming months.

The mayor also cited progress on the Hub Canal, cleaning of the Hub Reservoir, and the 38-kilometre Shahrah-e-Bhutto Expressway, alongside a proposed Chakor Nala Expressway meant to ease congestion around Gulistan-e-Johar and Rashid Minhas Road.

For more real estate news and special reports, visit Chakor.

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CategoriesNews Developments Economy Investment Property Real Estate Investment

As War Grips the Gulf, Pakistani Wealth Flows Back Home

KARACHI: The ongoing Gulf war has significantly disrupted the long-standing flow of undocumented Pakistani wealth into Dubai’s real estate sector, with market sources reporting that funds once considered secure abroad are now being channelled back into property investments within Pakistan.

For years, Pakistan ranked among the top foreign investors in Dubai property, and the emirate was widely regarded as a reliable destination for capital of questionable origin. That dynamic appears to be reversing.

Hassan Bakhshi, Chairman of the All Pakistan Builders Association, estimated that approximately $60 million in undocumented funds had previously left Pakistan for Dubai each month an outflow that has now halted entirely.

Currency market sources describe a similar shift, noting that assets already parked in Dubai have become difficult to liquidate amid the instability caused by the conflict. Rising remittance inflows from the UAE are being interpreted as evidence that Pakistanis are repatriating liquid holdings rather than expanding them abroad.

This capital redirection has had a visible effect on Karachi’s property market. According to Bakhshi, prices in the city’s Defence Housing Authority area have surged by 50 to 60 percent since the war began, driven partly by the area’s reputation for secure property titles.

Other parts of Karachi have seen more moderate gains of 20 to 25 percent, according to property dealer Karim Dad, who attributed the rebound to improved liquidity and government efforts to stimulate the construction sector.

The disruption extends beyond real estate. Several technology firms that previously relocated to Dubai, citing a favourable regulatory climate and frustration with Pakistan’s internet connectivity and tax administration, are now among those seeking to recover stalled investments as the regional situation remains unresolved.

Analysts caution that any large-scale return of capital will likely depend on how quickly stability returns to the Gulf region.

For more real estate news and special reports, visit Chakor.

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CategoriesNews Property Property Taxes

New Property Tax Rules Announced by FBR for 2027

ISLAMABAD: The Federal Board of Revenue (FBR) has released updated guidance on how income from property will be taxed in Pakistan for Tax Year 2027, drawing on provisions of the Income Tax Ordinance, 2001, as amended through June 2026.

Under Section 15 of the Ordinance, rental income remains taxable under the head “Income from Property,” covering not just periodic rent but also forfeited deposits from failed property sale agreements.

However, the FBR clarified that income tied to leased plant and machinery, or payments for utilities and amenities bundled with a tenancy, will instead be classified as “Income from Other Sources.”

A notable feature of the framework is the fair market rent provision. Where actual rent falls below prevailing market rates, tax authorities may assess the property owner on the basis of fair market rent rather than the lower amount actually collected unless that market-rate value has already been taxed through the tenant’s salary.

Section 15A sets out permissible deductions, the most significant being a standard repair allowance equal to one-fifth of taxable rent. Property owners may also deduct insurance premiums, local taxes, ground rent, and profit paid on loans used to acquire or improve the property, among other itemised costs. Administrative and collection expenses are deductible but capped at 4% of chargeable rent.

The rules further address previously written-off unpaid rent that is later recovered, which becomes taxable in the year of recovery, and unpaid expense liabilities that remain outstanding three years after being claimed, which then become taxable income.

Separately, under Section 16, non-adjustable payments collected from tenants are not taxed immediately in full. Instead, they are treated as rental income spread evenly across ten tax years, with special provisions governing early refunds to outgoing tenants.

The FBR said the framework is intended to give property owners clarity on their tax obligations ahead of the new filing year.

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10 Marla House Design
CategoriesArchitecture Construction Developments Property Real Estate Urban Developments & Planning

10 Marla House Design: Complete Guide to Layouts, Elevations & Costs (2026)

Among house designs in Pakistan for 10 marla plots, this size has become the default aspiration for middle- and upper-middle-class families, and it’s easy to see why. A 10 marla plot is large enough for a genuinely comfortable home, with room for separate living areas, a proper lawn, and covered parking, without the construction cost and upkeep of a kanal-sized property. This guide walks through everything that goes into a 10 marla house design: plot dimensions, single-story versus double-story layouts, floor plans, front elevation styles, basements, ceilings, and realistic 2026 construction costs.

Quick Facts: 10 Marla House Design at a Glance

Detail Information
Plot size 2,250 sq ft (approx. 250 sq yards); common dimensions include 35×65, 40×56, and 45×50 feet
Covered area, single story Roughly 1,600–1,900 sq ft
Covered area, double story Roughly 2,800–3,400 sq ft
Typical bedrooms 3–4 (single story); 4–5 (double story)
Popular elevation styles Modern/contemporary, Spanish, contemporary-classic hybrid
Estimated construction cost (2026) Roughly PKR 8–12 million for a standard-to-mid-range finish; higher for premium finishes

Understanding the 10 Marla Plot

A marla is a traditional South Asian land measurement equal to 225 square feet. Ten marla therefore equals about 2,250 square feet, or roughly 250 square yards. In practice, housing societies lay this out in slightly different shapes; some plots are 45 feet by 50 feet, others 40 by 56, and older schemes often use a 35-by-65-foot frontage, but they all land close to the same total area.

This size is attractive because it offers more flexibility than a 5 marla plot. Instead of constantly trading one room off against another, a 10 marla house design gives you room for a formal drawing room and a separate family lounge, 3 to 5 bedrooms depending on the layout, a proper kitchen and dining area, and outdoor space that doesn’t feel like an afterthought.

10 Marla House Design: Single Story vs Double Story

The first real decision in any 10 marla house design is how many floors to build. Both options work well on this plot size; the right choice depends on family structure, budget, and how much you value outdoor space versus covered area.

10 Marla House Design Single Story

A single-story 10 marla house typically covers 1,600–1,900 square feet, leaving generous room for a lawn, porch, and parking. A typical layout includes 3–4 bedrooms (roughly 12×14 to 14×16 feet each), 2–3 bathrooms, a large drawing room, a family lounge, a kitchen with a breakfast area, and a storeroom.

This layout suits:

  • Older couples or households with elderly members who want to avoid stairs
  • Families who prioritise a large lawn or garden over extra bedrooms
  • Anyone building on a tighter budget, since single-story construction generally costs around 30–35% less than an equivalent double-story house
  • Families planning to add a second floor later as the household grows

10 Marla House Design Double Story

A 10 marla double-story house design pushes the covered area to roughly 2,800–3,400 square feet while still leaving room for a lawn and parking, which is why double-story remains the more popular choice on this plot size. 

The ground floor usually holds the formal drawing room, a guest bedroom, the kitchen and dining area, a powder room, and parking, while the first floor holds the master suite and the remaining bedrooms, along with a family lounge and balconies.

Compared with a single-level layout, a 10 marla double-story house design roughly doubles usable floor area on the same footprint, which matters in cities where land prices keep climbing faster than household incomes. 

It also creates natural separation between generations: parents on the ground floor, children’s families upstairs or between formal and everyday living spaces.

10 Marla House Map Design: Planning a Practical Layout

A good 10 marla house map design (locally called a “naqsha”) is about more than fitting rooms onto paper; it’s about controlling how people move through the house and how private and public areas relate.

A well-zoned ground floor generally separates the house into three areas:

  • Front (public): covered porch and parking, entrance foyer, drawing room, guest washroom
  • Middle (semi-private): dining area, kitchen, staircase, and sometimes a guest bedroom
  • Back (private/service): storeroom, service area, and the back lawn or terrace

This zoning means guests never have to walk through bedrooms to reach the drawing room, and cooking smells stay away from formal living areas. On the first floor of a double-story design, the same logic applies: the master suite typically sits furthest from the stairs for privacy, while a shared family lounge acts as the connecting space between bedrooms.

10 Marla House Design Front: Elevation Styles to Consider

The 10 marla house design front elevation is what defines the house’s character before anyone steps inside. With more frontage than a 5 marla plot, you have real room to make an architectural statement.

10 Marla Spanish House Design

Spanish 10 Marla House Design

A 10 marla Spanish house design remains one of the most requested elevation styles in societies like DHA and Bahria Town, in both Lahore and Islamabad. The style centres on arched windows and doorways, terracotta or clay-tile roofing accents, stucco-textured walls, and wrought-iron railings or balcony details. 

Beyond the aesthetic appeal, the deep arches and extended eaves common to Spanish elevations also provide useful shade against Pakistan’s harsh summer sun, and stucco finishes add insulation. 

The trade-off is cost: the ornamentation and detailing typically push finishing budgets higher than a comparable modern facade, and upkeep tends to be a bit more demanding over time.

Modern and Contemporary Elevations

Modern and Contemporary Elevations 10 Marla House Design

Modern 10 marla elevations favour clean lines, flat or minimally sloped roofs, large glass panels, and a restrained material palette usually two or three finishes such as smooth plaster, stone veneer, and wood cladding- in neutral tones like grey, white, and charcoal. 

This style has become the dominant choice in newer developments partly because it’s more budget-friendly than heavy ornamentation, and partly because younger homeowners tend to prefer its simplicity.

A contemporary-classic hybrid modern massing with a few traditional touches, like an arched entrance or textured accent wall, is a popular middle ground for families who want a house that reads as elegant without committing fully to either extreme.

Reading 10 Marla House Design Pictures Front View the Right Way

When browsing 10 marla house design pictures front view for inspiration, keep in mind that photographs can flatter a facade in ways that don’t always translate to real-life lighting; camera angle and even the time of day can make proportions look different than they are. 

It helps to note which materials are used (not just the colour), how the elevation looks at both midday and evening, and whether the design still works without the landscaping and lighting shown in the photo. 

Where possible, ask your architect for a 3D render of your actual plot rather than relying purely on a picture of someone else’s house.

10 Marla House Designs 3D: Visualizing Before You Build

Increasingly, homeowners request 10 marla house designs 3d before committing to construction, and for good reason. A 3D render shows how the elevation, proportions, and material choices will actually look on your specific plot, rather than leaving it to imagination from a 2D floor plan. 

It’s especially useful for comparing two elevation options side by side, for instance, a Spanish versus a modern facade on the same layout and for overseas Pakistanis who can’t visit the site in person but want to approve the design with confidence before construction begins.

10 Marla Corner House Design: What Changes on a Corner Plot

A 10 marla corner house design comes with a distinct set of trade-offs compared to a mid-block plot. On the positive side, corner plots typically allow:

  • Two street-facing sides, which usually means a second, secondary elevation worth designing carefully
  • Better natural light and cross-ventilation, since the house isn’t boxed in by neighbours on both sides
  • More flexibility for additional parking or a side lawn
  • In many societies, a slightly larger permissible covered area than an equivalent mid-block plot

The trade-offs are worth planning for as well: corner plots have more boundary wall exposed to the street, which raises both construction cost and privacy considerations, and the extra frontage often carries a land-price premium. A well-designed corner house typically treats both visible facades as “fronts” rather than finishing one side and leaving the other plain.

10 Marla House Design with Basement

10 Marla House Design with Basement

A 10 marla house design with basement is optional rather than standard, and whether it makes sense depends on your budget, the water table in your area, and your housing society’s bylaws; some societies restrict or don’t permit basements at all. 

Where it is feasible, a basement is commonly used as a media or recreation room, extra storage, a home gym, or an additional bedroom suite, since it keeps noise and activity away from the main living floors. 

Because a basement adds meaningfully to structural and waterproofing costs, it’s a decision worth locking in early, since retrofitting one after construction has started is rarely practical.

10 Marla House Design with Lawn

10 Marla House Design with Lawn

For most Pakistani families, a 10 marla house design with lawn isn’t a luxury add-on; it’s where evening tea happens, where kids play, and where winter barbecues take place. A front lawn of roughly 10×15 feet adds curb appeal and space for plants, while a back lawn or terrace of 15×20 feet or more works well for gatherings. 

On corner plots, a side lawn is often possible, too. In double-story designs where ground-floor outdoor space is limited, a rooftop terrace is a common way to recover some green, open-air space without giving up covered area.

10 Marla House Ceiling Design

Ceiling treatment is one of the easier ways to add character to a 10 marla house design without major structural changes. Common approaches include:

  • False ceilings (gypsum board or POP) with recessed or cove lighting, often used to define the dining or TV lounge area
  • Double-height ceilings in the drawing room or entrance foyer, which create a sense of grandeur and work particularly well in double-story houses
  • Wooden panel or slat ceilings as an accent in lounges or bedrooms
  • Simple flat ceilings with layered lighting for a cleaner, more minimalist look, which tends to be the lower-cost option

Whichever direction you choose, decide on ceiling treatment during the design stage rather than after wiring and structural work are finalised, since recessed lighting and ceiling drops both need to be planned in advance.

Finding the Best 10 Marla House Design for Your Family

There’s no single best 10 marla house design; the right layout depends on who will live in it. A few honest questions help narrow things down:

  • Family size and structure: A joint family living across generations usually benefits from a double-story layout with clear separation between the ground floor and upper floor. A retired couple or young nuclear family may be better served by a single-story design.
  • Budget: Single-story construction costs meaningfully less, both in grey structure and finishing. If budget is tight, it’s often better to build a well-finished single-story house than a double-story shell that stays unfinished for years.
  • Plot type: A corner plot opens up design options a mid-block plot doesn’t have, but it also costs more.
  • Lifestyle priorities: Some families care more about a large lawn than a fifth bedroom; others would rather have a basement media room than a bigger garden.

Estimated Construction Cost for a 10 Marla House in Pakistan (2026)

Construction costs vary by city, material choices, and finish level, and they move with material prices over time, so treat these as a starting point rather than a fixed quote. As of recent 2026 estimates, a standard-to-mid-range finish 10 marla house typically runs somewhere in the PKR 8–12 million range, covering grey structure and finishing together. 

Premium finishes better tiles, imported fixtures, a modular kitchen, and designer lighting push the total closer to PKR 15–20 million or more. Grey structure alone is generally quoted per square foot, and rates shift often enough that it’s worth getting a current quote from a contractor rather than relying on a number from an old article.

A few factors that move the number up or down:

  • City: Construction in Islamabad tends to run higher than in Rawalpindi or tier-2 cities, partly due to stricter building regulations.
  • Design complexity: Multiple roof levels, unusual angles, and heavy ornamentation (like an elaborate Spanish elevation) add to both material and labour costs.
  • Basement or corner-plot features: Both add to structural and waterproofing costs beyond a standard mid-block, above-ground layout.
  • Finish level: Finishing costs can easily match or exceed grey structure costs, so it’s the area where budgets most often run over.

Common Mistakes to Avoid

  • Underestimating parking needs. With most families now owning more than one vehicle, plan for at least two covered spaces more on a corner plot.
  • Skimping on storage. Store rooms, built-in wardrobes, and under-stair storage are easy to cut in early design but hard to add back later.
  • Ignoring orientation and ventilation. Where the sun hits the house affects both comfort and cooling costs; this is worth discussing with your architect before finalising the layout.
  • Overcomplicating the elevation. Multiple roof levels and excessive protrusions can add 20–30% to costs while creating long-term maintenance headaches.
  • Deciding on a basement or ceiling treatment too late. Both require planning before structural and electrical work begins.

FAQs – 10 Marla Plot in Pakistan

What is the standard size of a 10 marla plot in Pakistan?

A 10 marla plot measures approximately 2,250 square feet, or about 250 square yards. Common dimensions include 45×50, 40×56, and 35×65 feet, depending on the housing society.

Should I choose a single-story or double-story 10 marla house design?

Double-story designs are more popular because they roughly double the covered area on the same plot, which suits growing or joint families. Single-story designs cost less to build and suit elderly residents or families who prioritise lawn space over extra bedrooms.

Is a basement a good idea for a 10 marla house?

It can be, provided the local water table and your housing society’s bylaws allow it. Basements work well as media rooms, storage, or extra bedroom space, but they add meaningfully to construction cost and need to be planned from the start.

Is Spanish-style elevation still popular for 10 marla houses?

Yes. A 10 marla Spanish house design remains a common choice in societies like DHA and Bahria Town, prized for its arches, stucco walls, and wrought-iron detailing, though it typically costs more to finish than a modern facade.

How much does it cost to build a 10 marla house in Pakistan in 2026?

Based on recent estimates, a standard-to-mid-range finish generally costs roughly PKR 8–12 million, while premium finishes can push the total to PKR 15–20 million or more. Costs vary by city and material prices.

Does a corner plot need a different house design?

Yes. A 10 marla corner house design typically needs two well-designed facades instead of one and benefits from better light and ventilation, but it also requires more boundary wall and usually costs more than a mid-block plot.

Conclusion

A 10 marla house design offers one of the best space-to-cost ratios for Pakistani homeowners, spacious enough for real comfort, compact enough to stay manageable. Whether you lean toward a single-story home with a generous lawn, a double-story house built for a growing family, or a Spanish-style elevation with a finished basement, the plot size can accommodate nearly any lifestyle with the right planning. The details that matter most floor plan, zoning, elevation style, ceiling treatment, and realistic cost estimates- are worth settling before construction starts, since most of them are far cheaper to change on paper than after the foundation is laid.

For more information on City View Apartment Interior Design Pakistan and wooden door price, please visit Chakor.

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CategoriesNews Economy Property Real Estate Investment Urban Developments & Planning

CDA Advances Rs1.4bn Kashmir Chowk Underpass Project in Islamabad

ISLAMABAD: The Capital Development Authority (CDA) has moved forward with plans to construct an underpass at Kashmir Chowk on Murree Road, with the project estimated to cost around Rs1.4 billion.

The proposed underpass, located at Dhokri Chowk near Islamabad Club, is intended to improve traffic movement at the busy intersection. Under the planned arrangement, vehicles travelling from the Serena side towards Rawalpindi will use the underpass, while traffic heading towards Murree will pass over its upper section.

CDA has opened technical bids submitted by Habib Construction Services and M/s Kamran Khan (Kundi Group). During the evaluation process, Kundi Group was declared non-responsive and subsequently filed a grievance with the civic authority. Financial bids will remain unopened until the complaint is decided. Officials expect the matter to be resolved within 15 days.

Separately, CDA is also preparing another underpass at the junction of Faisal Avenue and Margalla Road, where the PC-I is being finalised before the tendering process begins.

The projects form part of CDA’s broader road infrastructure programme aimed at improving traffic flow across Islamabad. Meanwhile, the federally funded 10th Avenue project remains incomplete, with about half of its work still pending despite its original 2024 completion target.

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