Apna Ghar Housing Finance Approvals Jump 245 Percent to Rs511 Billion

Apna Ghar housing finance approvals have jumped sharply in recent months, with financing approved under the Prime Minister's Apna Ghar Program rising 245 percent since June 2026 to Rs511 billion. The figures were shared by Khurram Schehzad, Adviser to the Finance Minister, in a post on X.

Approved financing stood at Rs148 billion in June 2026. By 23 October 2026, it had reached Rs511 billion, a rise of Rs363 billion in about four months. The pace shows how quickly banks have taken up the scheme, even though the money reaching borrowers still trails approvals by a wide margin.

Disbursements have grown even faster in percentage terms. They rose 333 percent over the same period, from Rs21 billion in June to Rs91 billion by 23 October 2026. The jump is large, but the gap between approval and disbursement remains the key test of the scheme.

Apna Ghar housing finance: approvals in numbers

Apna Ghar housing finance has drawn strong demand from households hoping to buy or build a home. Banks have received 217,001 applications so far under the scheme. Of these, 86,896 applications have been approved, while 15,584 housing loans have actually been disbursed.

The approval rate has also improved. It rose to 40 percent from 28 percent in June, an increase of 12 percentage points. That means a larger share of applicants is now clearing the banks' checks than when the scheme was in its early months.

Schehzad summed up the progress in a short message: "More financing. More families closer to owning their homes." The line captures the government's aim, but the numbers behind it tell a more mixed story.

Disbursements still lag approvals

The gap between approval and disbursement is the most important figure in the latest update. Only around 18 percent of approved financing, Rs91 billion out of Rs511 billion, has so far reached borrowers. The rest has been approved on paper but not yet paid out.

This gap is normal in housing finance to a degree. Loans take time to process, documents must be verified, and construction-linked payments are often released in stages. Even so, a gap of this size shows that approval alone does not yet mean a family can move into a home.

The pace of disbursement will matter more than approvals in the coming months. If disbursements keep growing at the current rate, the gap should narrow. If they slow, the headline approval figure will look less impressive to families still waiting.

What the finance committee discussed

The figures were discussed at the sixth meeting of the Access to Finance Steering Committee, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb. The committee noted the progress made under the scheme and discussed steps to speed up disbursements.

It also discussed housing supply constraints, including financing for builders and under-construction projects. This matters because loans alone do not create homes. If builders cannot finance construction, buyers may hold approvals for houses that are not ready.

The committee's focus on builders suggests the government sees supply as the next bottleneck. More approved loans will only help if there are enough completed or near-complete homes for buyers to purchase.

No new interest rate, eligibility rule or loan limit was announced in the latest update. This article therefore does not add any such detail, and readers should rely only on official announcements for scheme terms.

What this means for home buyers

For families, the message is mixed but hopeful. Apna Ghar housing finance is clearly expanding, with approvals more than tripling since June and the approval rate improving. That gives more households a realistic path toward owning a home.

At the same time, approval is not the same as possession. Borrowers should expect further checks and waiting time before disbursement, and should keep their documents ready for bank verification. Patience will still be needed even after an approval letter arrives.

The wider context also helps explain the momentum. In August, housing finance under the Prime Minister's loan scheme had already surged 94 percent. The government has set a target of financing 150,000 homes under the scheme by June 2027.

Reaching that target will depend on faster disbursements and builders delivering affordable homes.

For now, Apna Ghar housing finance stands as one of the fastest-growing parts of Pakistan's housing market. The approvals show demand and bank participation. The disbursement figure will show, in the months ahead, how much of that promise turns into keys in hand.

Frequently Asked Questions

How much has Apna Ghar housing finance grown?

Apna Ghar housing finance approvals jumped 245 percent since June 2026, from Rs148 billion to Rs511 billion as of 23 October 2026. Disbursements rose 333 percent in the same period, from Rs21 billion to Rs91 billion.

How many applications have banks received?

Banks have received 217,001 applications so far. Of these, 86,896 have been approved and 15,584 housing loans have been disbursed. The approval rate improved to 40 percent from 28 percent in June.

Why is there a gap between approvals and disbursements?

Only around 18 percent of approved financing has reached borrowers so far. Loans need document checks, income verification and, in many cases, staged payments linked to construction. Approval therefore comes before money is released.

What did the finance committee discuss?

The Access to Finance Steering Committee, chaired by Finance Minister Muhammad Aurangzeb, noted the progress and discussed steps to speed up disbursements. It also discussed housing supply constraints, including financing for builders and under-construction projects.

What is the government's target under the scheme?

The government aims to finance 150,000 homes under the scheme by June 2027. Meeting that target will depend on faster disbursements and enough housing supply for buyers to purchase.