BR100 Decreased By (-0.81%)
BR30 Decreased By (-1.11%)
KSE100 Decreased By (-0.81%)
KSE30 Decreased By (-0.81%)
AGHA 7.59 Decreased By ▼ -0.10 (-1.3%)
BECO 5.51 Increased By ▲ 0.27 (5.15%)
BML 59.08 Decreased By ▼ -1.14 (-1.89%)
BOP 34.11 Decreased By ▼ -1.17 (-3.32%)
CNERGY 12.84 Decreased By ▼ -0.29 (-2.21%)
CSIL 6.10 Decreased By ▼ -0.01 (-0.16%)
FCCL 57.66 Decreased By ▼ -0.31 (-0.53%)
FFL 16.20 Decreased By ▼ -0.22 (-1.34%)
FNEL 1.21 Increased By ▲ 0.01 (0.83%)
KEL 7.48 No Change ▼ 0.00 (0%)
KOSM 5.94 Decreased By ▼ -0.10 (-1.66%)
LOTCHEM 27.99 Increased By ▲ 0.24 (0.86%)
MLCF 100.65 Decreased By ▼ -2.33 (-2.26%)
NBP 203.75 Decreased By ▼ -2.29 (-1.11%)
NCPL 60.57 Decreased By ▼ -1.67 (-2.68%)
NPL 69.96 Decreased By ▼ -1.33 (-1.87%)
OGDC 320.29 Decreased By ▼ -3.49 (-1.08%)
PACE 11.10 Decreased By ▼ -0.41 (-3.56%)
PAEL 43.12 Decreased By ▼ -0.78 (-1.78%)
PIBTL 16.56 Decreased By ▼ -0.12 (-0.72%)
PPL 228.84 Decreased By ▼ -0.63 (-0.27%)
PRL 71.02 Increased By ▲ 0.91 (1.3%)
PTC 71.65 Decreased By ▼ -0.50 (-0.69%)
SSGC 26.68 Decreased By ▼ -0.43 (-1.59%)
TBL 9.81 Decreased By ▼ -0.05 (-0.51%)
TELE 8.61 Decreased By ▼ -0.11 (-1.26%)
TPL 22.24 Decreased By ▼ -0.38 (-1.68%)
TPLP 15.11 Decreased By ▼ -0.57 (-3.64%)
TREET 24.13 Decreased By ▼ -0.08 (-0.33%)
TRG 59.84 Decreased By ▼ -1.29 (-2.11%)
Business & Finance

PHA launched several housing schemes

ISLAMABAD : Pakistan Housing Authority (PHA) has launched several housing schemes in various parts of the country unde
Published Updated

Housing SchemesISLAMABAD: Pakistan Housing Authority (PHA) has launched several housing schemes in various parts of the country under the Prime Minister Housing Programme with a view to provide housing facilities to Federal Government Employees and general public on affordable cost.

Expression of Interests (EOIs) have been sought to launch housing schemes in small cities of the country aimed at providing inexpensive residential facilities to the common man.

An official of Ministry of Housing told APP that the Pakistan Housing Authority (PHA) invited EOIs to launch first phase of the proposed 5- Marla housing schemes from individuals and firms having land and capacity to develop the projects in different cities of the country.

He said an advertisement was being given seeking EOIs to launch the scheme in collaboration with private sector.

The government has initiated work on various long and short term housing projects keeping in view the growing demand of the houses.

Soon after taking over the charge the government announced to construct one million houses.

Project construction of housing units is in full swing in Karachi, Peshawar, Lahore and Quetta.

About 3000 kanals of land in Bara Kahu has been purchased, where flats and plots would be built and allotted to government employees, general public and journalists.

The allotment would be on `no profit and no loss basis'. About two percent quota for journalists and non-journalists each has been allocated in the federal schemes.

Investors are showing keen interest in Pakistan's housing sector.

Federal Government Employees Housing Foundation (FGEHF) has registered thousand of employees under the government's scheme to provide houses to government servants.

The scheme was launched by the Prime Minister on August 28. Membership drive was initiated with the prime objective to provide housing units to government employees under government's ambitious plan.

The scheme will help overcome housing backlog hitting hard to a significant number of employees for the last several years. Under the scheme, every registered employee would get an opportunity to have a house in the Federal Capital, which has so far remained an elusive dream for many.

 

Copyright APP (Associated Press of Pakistan), 2011

 

Comments

Comments are closed for this article.