Islamabad: According to press reports, the government plans to construct 2,392 low-cost housing units on state-owned property in Islamabad’s Sangjani neighbourhood as part of the Naya Pakistan Housing Programme (NPHP).
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According to the information provided, Project Concept-1 (PC1) for these houses has been completed, and the land acquisition and transfer process is currently underway. The monthly mortgage payments for these houses will be less than PKR 10,000 per month, according to the Ministry of Housing.
According to the details, the government has chosen 20 districts in Punjab for the first phase of the project, where 10,000 low-cost housing units will be erected. The government has also initiated work on 45,000 housing units around the country, according to the ministry.
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The government is building 11,000 houses in the recently launched projects Lahore Development Authority (LDA) City – Lahore, Jalozai Housing Scheme – Nowshera, Alipur Farash – Islamabad, WWF Labor Complex – Zone-V, Islamabad, and the Punjab Peri-Urban Housing Scheme – Sargodha, according to the statement.
Furthermore, the private sector is involved in the low-cost housing project, which has resulted in the building of 19,298 low-cost housing units, with Akhuwat financing 15,734 of them.
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