Find What You Need

Logo

From Real Estate History

5 November

Home
2 News Found for 5 November
1

5 November 1987

Pakistan Approves Karachi Informal Housing Regularization & Site-Upgrade Policy

Pakistan Approves Karachi Informal Housing Regularization & Site-Upgrade Policy

On November 5, 1987, the Government of Pakistan approved one of the largest informal settlement upgrading programs in South Asia, granting legal recognition and development support to thousands of low-income households living in Karachi's katchi abadis. The policy, supported by international urban development agencies, aimed to regularize slums, secure land titles for residents, and improve essential services including water supply, sanitation, electricity, and road access.With Karachi expanding rapidly due to migration and urbanization, nearly 40% of its population lived in informal settlements at the time. Instead of eviction-based approaches, the government adopted a 'site-and-services' model, allowing families to remain in place while introducing infrastructure upgrades and community-run housing committees. The initiative helped reduce informal housing insecurity and enabled residents to gradually improve their homes through self-financing and micro-credit support.Urban planners viewed the move as a pragmatic recognition of urban realities and a milestone in pro-poor housing policy, influencing similar projects in Lahore, Rawalpindi, and Peshawar.

▪References:

Pakistan Housing & Urban Development Report, 1987
Views
0
2

5 November 1989

Singapore Expands Public Housing Ownership Model Through Upgraded HDB Scheme

Singapore Expands Public Housing Ownership Model Through Upgraded HDB Scheme

On November 5, 1989, Singapore announced a major expansion to its Housing & Development Board (HDB) home-ownership model, creating policies that allowed low- and middle-income families to purchase improved public flats with government-backed financing. The initiative marked a new chapter in Singapore’s urban housing revolution, aimed at transitioning the nation from rental-based welfare housing to widespread homeownership.The upgraded scheme introduced affordable mortgage finance, longer repayment terms, and subsidized interest rates, helping workers secure property ownership in growing residential districts. It also prioritized community-centered planning with integrated schools, clinics, public parks, transport hubs, and neighborhood commercial centers to ensure balanced urban life. This policy shift drastically reduced informal settlements and lifted Singapore’s home-ownership rates above 85%, positioning the country as a global model of public-sector-driven housing development. Experts praised the reform for creating social stability, reducing inequality, and establishing long-term wealth creation pathways for working families.

▪References:

Singapore HDB Annual Policy Document, 1989
Views
0

More from On This Date

Shenzhen Government Introduces Bao’an Coastal Urban Greenline Ordinance
Shenzhen Government Introduces Bao’an Coastal Urban Greenline Ordinance

On November 20, 1984, the Shenzhen Municipal Government enacted the Bao’an Coastal Urban Greenline Ordinance, a pioneering environmental-urban regulation designed to preserve ecological corridors during the city’s early industrial boom. In the mid-1980s, Shenzhen was rapidly transitioning from a fishing town into China’s premiere Special Econ...

Read More →
New York Passes Tenement House Act to Improve Immigrant Living Conditions
New York Passes Tenement House Act to Improve Immigrant Living Conditions

On November 14, 1884, New York State legislature passed the Tenement House Act, a landmark legislation aimed at improving the dreadful living conditions in immigrant tenements. The law mandated proper ventilation, minimum window requirements for every room, fire safety measures, and basic sanitation standards. This was the state's first comprehensi...

Read More →
Punjab Approves Inter-District Agricultural Storage & Cold-Chain Enhancement Initiative
Punjab Approves Inter-District Agricultural Storage & Cold-Chain Enhancement Initiative

On November 21, 1987, the Punjab Planning and Development Department introduced the Inter-District Agricultural Storage & Cold-Chain Enhancement Initiative, a landmark program designed to reduce post-harvest losses and stabilize farm incomes across central and southern Punjab. During the late 1980s, regions such as Okara, Sahiwal, Rahim Yar Khan, a...

Read More →
Pakistan Launches ‘Recharge Pakistan’ to Combat Water Scarcity
Pakistan Launches ‘Recharge Pakistan’ to Combat Water Scarcity

On November 2, 2021, Pakistan’s Ministry of Climate Change launched the ‘Recharge Pakistan’ project in collaboration with the World Bank and the Green Climate Fund. The initiative aimed to enhance water resilience by restoring wetlands, improving groundwater recharge, and managing floodwaters more sustainably. With nearly 90% of Pakistan’s ...

Read More →
US Housing Bubble Reaches Peak Before Financial Crisis
US Housing Bubble Reaches Peak Before Financial Crisis

On October 26, 2005, the US housing bubble reached its zenith, marking the peak of unsustainable price growth that would soon trigger the global financial crisis. Property values had soared to unprecedented levels driven by speculative investments, subprime lending practices, and financial innovations that masked underlying risks. The market showed...

Read More →

Discover more from SyedShayan.com

Model Town Lahore A Modern Society Established within the Ancient Forest of Lahore (Episode 7)

Model Town Lahore A Modern Society Established within the Ancient Forest of Lahore (Episode 7)

The acquisition of land for the Model Town Society was one of the most remarkable and spirited chapters in its early history. Dewan Khem Chand and his...

Read More →
 Where Did the 500 Acres of Model Town Land Go (Episode 5)

Where Did the 500 Acres of Model Town Land Go (Episode 5)

Between 1921 and 1924, the land for Model Town Lahore was acquired in successive phases. The process began in 1921, shortly after the establishment of...

Read More →
Lahori Chacha  (Part 2) <br> Lahori Chacha’s Outburst and the Emotional Language of Protest

Lahori Chacha (Part 2)
Lahori Chacha’s Outburst and the Emotional Language of Protest

▫To hurl abuse is akin to punching someone with your tongue.▫The question is whether Chacha’s words about national leadership are merely condemnable, ...

Read More →

Select Date