New financing and foreclosure laws enacted under the Naya Pakistan Housing initiative, are beginning to transform the Pakistani real estate market, in particular affordable housing, into a modern, dynamic bankable business.

To take advantage of these new developments and capitalize on the large chunks of lands owned by the company and its directors, Akbar Associates has made another deliberate and focused decision to enter the construction and land development business.

As a first step, we are focusing on affordable housing, where our first greenfield project of constructing 1,000 two bedroom affordable homes along with all necessary infrastructure including roads, sewerage collection & treatment, provision of utilities, is in the final design stages with commercial launch planned for January 2021.

We are also considering launch of similar initiates on other company or director owned site across the country.