PM to perform groundbreaking of low cost housing project at Raiwind
PM to perform groundbreaking of low cost housing project at Raiwind
LAHOER (Dunya News) - Prime Minister Imran Khan will perform groundbreaking of a housing project at Raiwind, Lahore, under Punjab Peri-Urban Low Cost Housing Scheme on Thursday.
Five hundred and fifty-six housing units will be constructed in this project.
Simultaneously, the Prime Minister will also virtually witness groundbreaking of low cost housing projects at ten other sites under this scheme.
A total of eighteen hundred low cost housing units will be built at these locations in ten tehsils, 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 or towns of the province.
The Authority has recommended forty-one sites in thirty-nine tehsils for construction of around ten thousand housing units in the first phase.
The federal government is providing three hundred thousand rupees cost subsidy for each housing unit and is also arranging mortgage at three percent markup in line with the Prime Minister s markup subsidy scheme.
