Karachi: The Pakistan Real Estate Investment Forum (PREIF) President Shaban Illahi stated that the government should form a committee of the stakeholders, instead of handing over the 5 million affordable housing plans to foreigners, a news source reported. He demanded that the committee should be composed of local builders, architects, developers and representatives of real estate.
He further said that to identify properties for the affordable housing scheme and to have an idea of estimated construction cost, the government will need the help of local stakeholders. Speaking further on the topic, he stated that infrastructure will also need to be developed for transport between the affordable housing projects that will be located in the outskirts of the city.
