News
Pakistan's Apna Ghar Scheme Approves Rs511 Billion in Housing Loans, Only Rs91 Billion Disbursed
By Mariam Khan
Real Estate Analyst
3 min read
The Finance Division has released updated figures for the Prime Minister's Apna Ghar housing finance programme, according to an official press release of October 28, 2026. The figures were presented at the sixth meeting of the Access to Finance Steering Committee, chaired by Finance Minister Muhammad Aurangzeb. Approved financing is Rs511 billion, but only Rs91 billion has been disbursed. Approval is not the same as payment, and the gap between the two is the main finding.
The Figures
The committee was told that 86,896 Apna Ghar applications have been approved, with total approved financing of Rs511 billion. Loans actually disbursed number 15,584, with total disbursed financing of Rs91 billion. Overall outstanding housing finance stands at Rs455 billion, and total housing finance borrowers number 241,500. The reports we have seen do not say whether the Rs455 billion and 241,500 figures include Apna Ghar loans, so we do not add them to the programme figures.
How Much Has Been Disbursed
About 17.8 percent of the approved financing by value has been disbursed (our own calculation: Rs91 billion out of Rs511 billion). By number of loans, 15,584 of 86,896 is about 17.9 percent (our own calculation). The reports do not explain the gap. It could reflect the time that applicants need to complete documents, find a property or build, but the reports do not say so, and we do not give a reason.
What the Committee Discussed
The committee also discussed speeding up disbursements and addressing housing supply constraints through financing for builders, developers and under-construction projects. The reports do not say what was decided or give a timetable. Banking policy and housing finance data are published by the State Bank of Pakistan, and finance policy by the Ministry of Finance.
What Is Not Known
The reports do not give the interest rates, the loan sizes by income group, the number of applications still under review or the time between approval and payment. We do not estimate any of them.
Why This Matters for Property
Wider approvals could improve access to home ownership for eligible low- and middle-income households and support demand for homes. But approvals do not automatically turn into completed purchases. Financing for under-construction projects could eventually support residential development. The large gap between approved and disbursed amounts shows why turning approvals into payments matters. The reports do not link the scheme to prices.
What This Means for Applicants, Buyers and Developers
Applicants with an approval should ask their bank what remains before payment, such as property documents or valuation. Buyers should not assume that approval guarantees the full amount will be paid. Developers should watch for any financing facility for builders. The signals to watch are monthly disbursement figures, the committee's decisions on builder financing and the share of approved loans paid out.