LAHORE: Prime Minister Imran Khan on Thursday launched the Punjab peri-urban low-cost housing scheme project at Raiwind.
On the occasion, the prime minister was was briefed about the project. He was accompanied by Punjab Chief Usman Buzdar and Minister of State for Information and Broadcasting Farrukh Habib.
The project is being finalized in collaboration with the government of Punjab and Naya Pakistan Housing and Development Authority under which ten sites had been selected to facilitate low-income groups living in smaller cities and rural areas of Punjab province.
The prime minister would attend the launching ceremony as a chief guest during his one-day visit to Lahore. The prime minister would also virtually inaugurate work on different sites at Chiniot, DG Khan, Chunian, Khanewal, Khushab, Mandi Bahauddin, Mianwali, Jalalpur Pirwalla and Sargodha.
These residential colonies consisting 100 to 500 housing units would be constructed in the suburbs of cities and rural areas of the province. The land for this purpose would be provided through Board of Revenue Punjab at affordable price.
The board of revenue had identified 133 sites in 35 districts of Punjab. The government of Punjab have been provided funds under first phase for the development of land and infrastructure on these sites.
The federal government is providing subsidy on each housing unit whereas is also making mortgage arrangements under prime minister’s markup subsidy scheme.
The FWO and NLC would prepare these sites and construct small housing unit of 3.5 marla each. These sites would have the expansion facility under which 4,000 houses could be added to these sites. The project could be expanded to 143 tehsils of Punjab province under different phases.