In a bid to provide affordable housing to the lower and middle-income groups, Prime Minister of Pakistan Imran Khan has launched a housing project in Lahore under the newly introduced Punjab Peri-Urban Low-Cost Housing Scheme.
Let’s take a further look at this scheme and how it will help the salaried and working-class groups in the province.
Low-Cost Surrounding Houses You Need To Know
The Punjab Suburb Affordable Housing Program is the latest affordable housing program launched by the Federal Government in cooperation with the Punjab government and the Pakistan Ney Housing and Development Authority. Urban and rural areas.
At a ceremony after the launch of the Lahore project, the Prime Minister stated that the government is determined to provide shelter for vulnerable groups through the Punjab Suburb Affordable Housing Program. Resources can build their own houses, but the working class cannot do so, and this forces them to live in slums.
The Prime Minister, along with Punjab’s Prime Minister Punjab Usman Buzdar and Minister of State for Press and Broadcasting, Farrukh Habib, also stated that society can only develop if the living standards of the poor and disadvantaged are improved.
Khan said that when discussing the economic benefits of affordable housing, Pakistan’s housing boom will have a positive impact on many other industries, which may have a significant impact on the national economy.
The Prime Minister’s report in mainstream media said: Thirty areas are also related to the housing sector.
The premiere also launched the Punjab low-cost suburban housing program in 10 Tehsils across the province, including Dera Gazi Khan, Khushab, Khanewal, Mianwali, Sargodha, Mandi Bahauddin, Mandi Bahauddin, Jalalpur Pirwala, and Chunian.
In the first phase of the project, the Punjab Provincial Government will provide funds and land for infrastructure construction in designated areas. According to reports, the Punjab State Taxation Bureau provided 133 lots in 35 counties in the province at very low prices. Small housing associations provide 100 to 500 apartments.
The cross-border engineering organization and the National Logistics Group are carrying out construction projects. They will build small houses of 3.5 calibers in accordance with the low-cost housing plan in the suburbs of Punjab. Will be expanded to 143 Punjabi technologies. In addition, the allocated land can be expanded to 4,000 apartments.
It is worth noting that the government has announced grants for each housing unit under the plan. In addition, according to the government’s, Mera Pakistan Mera Ghar Margin Subsidy Program, mortgage services are provided for those who wish to purchase a house.
If you need any kind of information regarding the Low-Cost Housing Scheme Launched in Lahore, you can Contact Us.
We have trusted realtors of Wezni.com