Prime Minister Imran Khan on Wednesday reiterated that ensuring safety of people is the top priority of government.
According to the details, Prime Minister Imran Khan performed groundbreaking of a low cost housing project under Naya Pakistan Housing Program in Sargodha.
Later addressing the ceremony, the Prime Minister Imran Khan said that the underprivileged have always been neglected during past governments, adding that; ‘the housing project will bolster national economy through growth in construction sector as thirty industries are linked to construction sector.’
Imran Khan said that 31 sites have been selected in peri-urban areas in Punjab province for low cost housing projects to provide affordable houses to the low-income class on instalments.
He said this scheme will be extended across the province by the end of this year. Imran Khan said that ‘The initiative will lead to wealth creation and generation of employment opportunities.’
During his address, Imran Khan also Imran Khan urged the banks to play an effective role in mortgage housing and provide loans to the low-income people.
According to the reports, under this scheme in Sargodha district, a total of 1,175 houses of three Marla will be constructed at six locations. Punjab government will provide land as well as other facilities for this project.
The construction work will be carried out by Frontier Works Organization. The mortgage facility will be provided by Punjab Bank which will enable the deserving people to pay the total amount of a house through easy instalments.
A total of 33,528 applications have been received for this housing project and the houses will be allotted through balloting.