AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)
Pakistan

CM reviews progress on low-cost housing scheme

  • The Punjab government had provided three billion rupees for the development work and the house size had been increased from 3 marlas to 3.5 marlas, he added.
Published May 3, 2021 Updated May 4, 2021

LAHORE: Punjab Chief Minister Sardar Usman Buzdar on Monday said that provision of the roof to low-income families was a commitment of the Pakistan Tehreek-e-Insaf (PTI) and those who could not afford a house of their own because of meagre resources would soon be the owner of their houses.

The construction of affordable houses for the poverty-stricken genera was the flagship program of the government, he added.

He was chairing a video-link meeting about the construction of low-cost houses for the underprivileged strata.

SACM Dr Firdous Ashiq Awan, chief secretary, chairman P&D and secretary housing attended the meeting while secretaries of Finance and Information departments as well as NLC and FWO representatives participated from the civil secretariat.

The Bank of Punjab (BOP) president also attended the meeting through video-link.

The CM said 133 sites had been identified for the prime minister's affordable housing scheme.

As many as 54 locations had been chosen for the first phase and work would be started on a priority basis at 32 sites, he added.

Prime Minister Imran Khan would launch this project, simultaneously, at ten sites in Raiwind, he mentioned.

The Punjab government had provided three billion rupees for the development work and the house size had been increased from 3 marlas to 3.5 marlas, he added.

The CM said a house would be given at Rs. 14.30 lac while the applicant would contribute one lac and 43 thousand rupees and the rest of the amount would be given by Punjab Bank.

The monthly installment would be around 10 thousand rupees and houses would be handed over to successful applicants in one year, he added.

The CM said work was in progress on this project in Sargodha while the scheme was being started in ten tehsils including Chiniot, Lahore, DG Khan, Khushab, Mianwali, Sargodha and Khanewal.

The secretary housing department briefed about the salient features of the project.

Comments

Comments are closed.