Mirza Hammad Ghazanfar Baig*, Muhammad Mutasim Billah Tufail and Mirza Jawad Ghazanfar Baig
Pakistan has been standing up to the inadequacy of housing units like any other underdeveloped country across the world. The enormous deficiency is rapidly increasing; in 1998 the housing stock was 19.2 million whereas the shortage was about 4.3 million. According to the population poll of 2017, it reaches to 32.2 million as housing stocks, whereas the shortage increased to 10 million and currently the housing deficiency reaches to more than 12 million (World Bank 2018). The housing industry remained neglected by all stakeholders including government itself in past. If at all the leadership got any attention, it ends up as a mere political rhetoric. Even though if the work was done, it didn't go beyond a certain desire or discussion and didn't even set a drafting table. The fate of the few launched housing schemes for lowincome populace created an environment of mistrust. The bold initiative taken by current political party for construction industry and especially towards the construction of Low-cost housing units for under privileged citizens by giving them a chance of having their own home. This dictates identification of risk factors associated with the failure of low-cost housing schemes launched previously. These factors need to be analyzed thoroughly for success of the initiative taken thus keeping a strong sociopolitical relation. The procedure for low-cost housing scheme presented by NAPHDA was explored. The study is encompassed by a poll-based survey comprising variables placed using the Relative Importance Index (RII). The results of this investigation allow appropriation by the customers, contractor, and employees and suggest bold dynamic measures to manage these identified risks for the achievement of the planned project.
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