PHA Foundation is a Public Company registered with Securities and Exchange Commission of Pakistan under Section 42 of the Companies Ordinance, 1984. Being one of the implementing arms of Ministry of Housing & Works, PHA Foundation is consistently striving to eliminate shelterlessness and to reduce the housing shortfall in Pakistan.
PHA Foundation provides low cost housing units to low and middle income groups of Pakistan on ownership basis. Since its inception in 1999, PHAF has built several housing units for general public and Federal Government Employees at prime locations of Federal and Provincial Capitals. It has always been a mission of PHAF to provide high quality and state-of-the-art buildings but at low and affordable price. After successful provision of Ground plus 3 building apartments, PHAF is now striving at constructing high rise buildings.
Construction of PHA-Maymar Towers in Karachi is first endeavor in this respect. PHAF has also initiated projects for provision of houses and open plots. The comfort and ease of allottees has always been the focus of PHAF, therefore, regional offices have also been established in Lahore and Karachi.
The prime vision of PHA Foundation is to provide shelter to the needy Pakistanis.
- To eliminate shelterlessness through development and construction of apartments for low income groups, employees of the PHA Foundation and other specified groups of people as decided by the foundation from time to time on ownership basis and at affordable cost.
- To initiate, launch, sponsor and implement Hosing Schemes for the low income groups, employees of the Foundation and other specified groups of people as decided by the Foundation from time to time on ownership basis in Islamabad and other major cities of Pakistan.
The Mission of this organization is to help in developing modern community living with all the comforts and amenities of 21st Century at affordable cost for the middle & low income groups.
For this purpose PHA Foundation has undertaken housing projects on Prime locations in Karachi, Lahore, Islamabad, Peshawar and Quetta.
To ensure world class standards and professional excellence, PHA Foundations housing program is perceived by the leading designers and is being implemented through the most renowned Engineering Consultants and Construction Companies of Pakistan.