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Influence of IOT (Internet of Things) in Real Estate Industry

SBP Service Desk Portal - A Digital Solution to Avail Markup Subsidy Housing Finance

By Awais Bhatti Bridging the existing gap through technological advancements, the State Bank of Pakistan (SBP) launched ‘SBP Service Desk Portal’ – a digital solution for people to register complaints related to housing finance, directly with the central bank. What is the Government’s ‘Markup Subsidy Housing Finance’? In order to provide affordable housing to the ordinary citizen of Pakistan, the government under ‘Naya Pakistan Home Financing Scheme’ has launched Markup Subsidy Housing Finance for potential buyers. The financing scheme allows low-income groups to fulfill their dream of buying a house. The low-income can now avail financial services from any bank on a markup of 5% and 7%.

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