3.  Between 1997 and 2006, the price of the typical American house increased by 124%  The USA home ownership rate increased up to 69.2% in mid 2008.  Household debt grew to $14.5 trillion in midyear 2008, 134% of disposable personal income.

5.  If mortgage is not handled properly it become a dead end  For example in America:  A loss of 1.3Trillion Dollars  More than 100 banks files bankruptcy  This takes the whole world into recession  ARM rates are used

6.  GDP of Pakistan is 2.4%  Per capita income is 1042 $  Inflation is 19.3%  Foreign Reserves become 11.3 billion $ Source: Economic Survey of Pakistan

7.  Present Housing Stock  Urban  Rural  Pacca  Semi-Pacca  Kutcha 19.3 Million 32.3% 67.7% 21.0% 40.0% 39.0%

8.  Household size  Occupancy  Housing Shortfall  Annual Requirement  Annual Production  Recurring Annual Shortfall 6.6 Persons per house 3.3 Persons per room 4.3 Million 570,000 300,000 270,000 Source: National Housing Authority, Ministry of Housing & Works

9.  Municipal Area  Rural Area  Total Area 440.3 Sq.km 465.7 Sq.km 906.0 Sq.km Source: CDA, Islamabad

10.  Existing Housing units in Sectors  Required Housing Demand  Existing ‘Shortage  Additional Demand per year 75,000 units 125,000 units 50,000 units 4,000 units Source: CDA, Islamabad

11. Consumer Financing

12.  Total Financing in housing finance in FY 2008-09 is Rs. 18 Billion   Share in Pie is 16.39%    Source: Deputy Governor State Bank of Pakistan   Source: Economic Survey of Pakistan

15.  Total banks selected= 34  Total Banks visited= 34  Banks provide services= 20  Banks not provide services= 14

16.  Public banks  Private banks  Islamic banks  Foreign banks

17.  Data collected from banks i.e. Brochures  Data collected from internet  Takes one week to complete

18. Variable defined  Mark-Up Rates  Financing Limit  Processing fee  Tenure  Age limit  BTF

34. PUBLIC BANKS NBP1 BOK0 BOP0 HBFC1 FOREIGN BANKS SCB0 AIB1 BCB1 RBS1 ISLAMIC BANKS BIP1 EGIBL1 DIBL1 DIBPL1 PRIVATE BANKS BAH0 SNR1 KASB1 FABL0

37.  The Royal Bank of Scotland  Dubai Islamic Bank Private Limited

38.  Mark-Up Rate: KIBOR + 3.25%  Loan Range: PKR 0.5 million to PKR 50 million  Loan Tenure: 3 to 20 years  Qualifying Age: 25 to 65 years upon loan maturity  BTF Facility is also available

39.  Mark-Up Rate: KIBOR + 3%  Loan Range: PKR 1 million to PKR 50 million  Loan Tenure: 3 to 20 years  Qualifying Age: 25 to 65 years upon loan maturity  BTF Facility is also available