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Maryam announces start of affordable housing project in Punjab

Maryam announces start of affordable housing project in Punjab

by Arshad Khan
September 1, 2024
in National
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CM Maryam Nawaz reiterated the government’s commitment to improving living standards and reducing homelessness through this ambitious housing project.

Maryam announces start of affordable housing project in Punjab. Punjab Chief Minister (CM) Maryam Nawaz recently introduced the “Apni Chhat, Apna Ghar” program, showing the resolve to make the dream of people, belonging to low-income groups, of having their own house come true, Punjab Chief Minister Maryam Nawaz on Sunday said that work on the low-cost housing project in the province had begun.

Speaking to Akhuwwat Foundation founder and Chairman Dr. Amjad Saqib, who met with her in Lahore, she said that the provincial cabinet would expand the project every year.

She claimed that ‘Apni Chat, Apna Ghar’ programme would be the largest and cheapest housing project in the country’s history.

The “Apni Chhat, Apna Ghar” program is set to be the first major interest-free housing project in the country’s history, she said. It will be launched in three phases:

Rural areas: Loans up to PKR 1.5 million for houses up to 10 marlas, repayable in monthly instalments of PKR 14,000.

Urban areas: Loans up to PKR 1.5 million for houses up to 5 marlas, repayable in monthly instalments of PKR 14,000.

Major cities: Construction of four-story flats on government land, to be allocated through a lottery system and provided on easy instalments.

Additionally, private housing schemes will offer homes ranging from 3 to 5 marlas, with the government providing a subsidy of up to PKR 1 million per house.

The primary goal of the “Apni Chhat, Apna Ghar” program is to provide housing for financially vulnerable groups, she informed Dr. Amjad Saqib. The government will offer subsidies and promote the construction of sustainable and eco-friendly homes. This initiative is also expected to create employment opportunities for millions.

CM Maryam Nawaz reiterated the government’s commitment to improving living standards and reducing homelessness through this ambitious housing project.

Speaking on the occasion, Dr. Saqib said that Maryam’s passion for the resolution of people’s issues was praiseworthy.

Tags: Apni Chhat Apna GharMaryam Nawaz
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