PM Imran Khan performs groundbreaking of Housing Projects in Punjab

Government of PakistanPM Imran Khan performs groundbreaking of Housing Projects in Punjab

LAHORE, Pakistan: Prime Minister Imran Khan on Thursday performed the groundbreaking of housing projects in Punjab’s 11 tehsils under the Punjab Peri Urban Low Cost Housing Scheme.

The groundbreaking ceremony was held at Raiwind.

The prime minister was accompanied by the Punjab Chief Sardar Usman Buzdar and the Minister of State for Information and Broadcasting Farrukh Habib.

The housing projects have simultaneously been launched in Chiniot, Dera Ghazi Khan, Chunian, Khanewal, Khushab, Mandi Bahauddin, Mianwali, Jalalpur Pirwala, and Sargodha.

The Punjab Peri-Urban Low-Cost Housing Scheme, being jointly executed by the Punjab government and the Naya Pakistan Housing and Development Authority (NAPHDA), has been designed for the low-income people living in smaller cities and towns.

The Punjab Board of Revenue will provide land at extremely low price for the project and it has already offered 133 sites in 35 districts of the province for the construction of small residential colonies, comprising 100 to 500 housing units.

In the first phase, the Punjab government is providing land for the designated sites and funds for the development of infrastructure.

The federal government is providing subsidy for each housing unit and is also arranging mortgage in line with the prime minister’s mark-up subsidy scheme.

The Frontier Works Organization (FWO) and National Logistic Cell (NLC) will develop these sites and construct small housing units measuring 3.5 Marla.

These sites can further be extended to incorporate 4,000 additional houses.

Being extendable project, the Housing Scheme can be expanded to all the 143 tehsils of Punjab in a phased manner at some later stage.

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