Role of Private Housing Companies as Developer of Housing Industry to Achieve the Goal of Housing for All in Pakistan
Abstract
Pakistan is a party to the UN Habitat agenda which envisaged the goal of housing for all. Housing is one of the basic necessities of every human being but due to financial constraints it is beyond the financial resources of the Government of Pakistan to provide housing units to each and every citizen of Pakistan. Due to very limited capacity of the Government of Pakistan the leading role to provide housing units has been assigned to the private sector to provide housing units. The present Legal Frame Work instead of encouraging the private sector is undermining the role of the private sector to provide housing units, so, there is a need to introduce a new self-contained law for the registration of private housing companies at provincial level along with suitable amendments in the existing Legal Framework.
Authors
Mirza Shahid Rizwan Baig
College of Law, Government College University Faisalabad, Punjab, Pakistan
Hafiz Muhammad Usman Nawaz
Faculty of Sharia & Law, International Islamic University, Islamabad, Pakistan
Rao Qasim Idrees
School of Law, University of Gujrat, Punjab, Pakistan
Keywords
Companies Act, 2017, Government of Pakistan, Legal Issues, Private Housing Schemes