Pakistan’s leading property classified site, Zameen.com, signed an agreement with a private bank to offer house financing facility to home seekers, the company said Tuesday.

Under the agreement with JS Bank, Zameen will initially screen home financing applications.

“Many people who browse and choose property from our website often inquire about methods through which they can finance the property they want to buy,” the company said. “This agreement will give them a very convenient option, which is also reliable.”

Currently, Zameen.com lists more than 300,000 properties for sale or rent. The site said it receives 200,000 new properties every month, which indicates an impressive turnover.

Zameen integrates a price index to indicate the price range of a house, plot and residential property in eight major cities in Pakistan out of the 30 where it operates. The index, powered by an in-house algorithm, also demonstrates price movements from one month to one year.

Founded in 2006, Emerging Markets Property Group runs property sites Zameen.com in Pakistan and Bayut.com in UAE. Zameen’s Android app has been downloaded up to one million times (source: Google Play), while it received 2.8 million visits on desktop and mobile sites in July, according to SimilarWeb.com. Its main competitor www.Lamudi.pk, owned by Berlin incubator Rocket Internet, attracted 260,000 visitors during the month.

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