Naya Pakistan Housing Program NPHP | Road to Relief or to Financial Crisis?
Naya Pakistan Housing Program is a project of the Government of Pakistan to help the poor and homeless population of Pakistan who is either living in a rental house or living in a miserable environment. The vision reflects the sympathy of the Government of Pakistan and especially Prime Minister Imran Khan for the underprivileged sector of my country. For the common readers , there are a few terms which I am going to use in the article and requires definition are: I. Mortgage: “ A mortgage is a loan in which property or real estate is used as collateral. The borrower enters into an agreement with the lender (usually a bank) wherein the borrower receives cash upfront then makes payments over a set time span until he pays back the lender in full. A mortgage is often referred to as...