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Government creates enabling environment for promotion of housing sector, Gill


Komal FatimaWeb Editor

19th Mar, 2021. 12:27 pm
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Government creates enabling environment for promotion of housing sector, Gill
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Special Assistant to the Prime Minister on Political Communication Shahbaz Gill said on Friday that the present government has created an enabling environment for the promotion of the housing sector in the country.

He was addressing a press conference in Islamabad. He said that the mortgage financing facility introduced by the government will enable the people to build and own affordable houses.

He also informed the media that a peri-urban housing scheme is being launched in Punjab next month. In the first phase, this scheme will be executed on the land of three thousand Kanal in twenty-six tehsils of the province.

Houses will be provided to the low-income groups on easy installments under this project, he added. He also mentioned that the total cost of a house in this housing scheme will be 1.4 million rupees.

“Peri urban housing project will be expanded to all tehsils of Punjab,” he further said.

Apart from that, Gill said that work on another housing project will also be started in Farash Town, Islamabad next month. In addition to this, four thousand apartments will be built in it and each apartment will cost 2.7 million rupees, he said.

He said the journalists will also be given apartments in this housing scheme which is meant for low-income groups.

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