Introduction

A Housing Advisory Board of nearly 30 members, half of them from private sector was constituted. It included all stakeholders comprising of builders, constructors, development agencies, bankers, town planners, Provincial Governments, HBFC and State Bank etc. The Board functioned as an honorary body with no financial support from the Government. A number of meetings were held with open and frank discussions to ensure that a practical and realistic policy is formulated. Multifarious problems including housing shortage, lack of housing finance, non-existence of foreclosure laws, lack of planning, outdated building and zoning regulations, etc. were discussed and debated before finalizing the policy.