PM To Visit Lahore Today : Khan To Inaugurate Affordable Housing Project
Prime Minister Imran Khan is visiting Lahore today , to perform ground-breaking of a housing project at Raiwind under Punjab Peri-Urban Low-Cost Housing Scheme.
During his day-long visit, the Prime Minister will also virtually launch the project simultaneously at 10 tehsils of Punjab, including Chiniot, DG Khan, Chunian, Khanewal, Khushab, Mandi Bahauddin, Mianwali, Jalalpur Pirwala and Sargodha.
The Punjab Peri-Urban Low-Cost Housing Scheme, being jointly executed by Punjab Government and Naya Pakistan Housing and Development Authority, has been designed for the low-income people living in smaller cities and towns.
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, 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.
Frontier Works Organization and National Logistic Cell 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, this scheme can be expanded to all the 143 tehsils of Punjab in a phased manner at some later stage.