• About
  • Advertise
  • Contact
Friday, August 12, 2022
  • Login
WRITE FOR US
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
No Result
View All Result
Economy.pk
  • Economy
  • Politics
  • Technology
  • Education
  • Life & Style
  • Health
  • World
Economy.pk
Home Business

Government to construct around 2,392 housing units at Sangjani

byNews Desk
November 29, 2021
in Business, Economy, Real Estate
Reading Time: 2 mins read
0
Naya Pakistan Housing
376
SHARES
4.4k
VIEWS
Share on FacebookShare on Twitter

Government is planning to construct as many as 2,392 housing units at the government land located at Sangjani area under Naya Pakistan Housing Project (NPHP) to facilitate the low income citizen.

“The housing project is at evaluation stage at Sangjani, Islamabad and PC-I of the housing scheme has been approved,” official sources in the Ministry of Housing and Works told APP. The sources said that land transfer and other modalities are in progress on the housing scheme.

RelatedPosts

Textile exports to dip by $3bn due to govt policies

Pakistan receives letter of intent from IMF, inches closer to sealing bailout deal

The Govt gives guarantees for over Rs80 billion financial liabilities of PIA and PSO 

To a question, they said that around 45,000 low cost housing units are under construction all over the country. They said, it included four recently inaugurated projects comprising a number of 11,000 housing units at LDA City Lahore, Jalozai Housing Scheme, Nowshera, Alipur Farash, Islamabad, WWF, Zone-V, Islamabad.  It also included Punjab Peri-Urban Housing Scheme recently inaugurated at Sargodha. In Phase-I of this scheme; 10,000 extremely low cost housing units are being built in 20 districts of Punjab and 12 sites have been inaugurated by the Prime Minister Imran Khan, they added. 

The sources said that 11 sites would be inaugurated in near future. About the installments, they said the monthly mortgage installments for these houses would be less than Rs. 10,000 per month.

They said that 19,298 low cost housing units have been completed, out of which, Akhuwat has financed 15,734 units. The sources said that with all the facilitation and incentives offered by the present government the private sector too is keen on low cost housing and has submitted 230 proposals to the Naya Pakistan Housing and Development Authority (NAPHDA) for construction of more than 3 million housing units across the country. They said that 48 projects comprising 70,000 housing units have already been shortlisted and negotiations with 42 private parties have been conducted so far. The sources said that 15 private parties for construction of 3,933 housing units have been referred to the banks and the work on these projects would start very soon.

Tags: housing unitspunjabSangjani
News Desk

News Desk

A source of economic, political, business, finance, health and sports updates.

Related Posts

Textile exports to dip by $3bn due to govt policies

Textile exports to dip by $3bn due to govt policies

The All Pakistan Textile Mills Association (Aptma) believes export proceeds of the textile sector will go down by up to...

Pakistan receives letter of intent from IMF, inches closer to sealing bailout deal

Pakistan receives letter of intent from IMF, inches closer to sealing bailout deal

Islamabad received the letter of intent (LOI) from the international lender a few days after Pakistan and the IMF established...

Next Post
6- lane bridge

KPT to build 6-lane bridge: Ali Zaidi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

1 million Kashmir University Students & Teachers’ Data ‘hacked, put on sale’ on Dark Web

1 million Kashmir University Students & Teachers’ Data ‘hacked, put on sale’ on Dark Web

Sarfaraz Ahmed's bio added to class 4's Urdu syllabus book

Sarfaraz Ahmed’s bio added to class 4’s Urdu syllabus book

Khyber Pakhtunkhwa to Install Solar-Powered Transportation System

Khyber Pakhtunkhwa to Install Solar-Powered Transportation System

COAS Bajwa hails deep-rooted ties between Pakistan, UK

COAS Bajwa hails deep-rooted ties between Pakistan, UK

Article 370-A Revoked: 1100+ Days of Forced Captivity of Innocent Kashmir’s

Article 370-A Revoked: 1100+ Days of Forced Captivity of Innocent Kashmir’s

Indian, Pakistani siblings reunite 75 years after Partition 1947

Indian, Pakistani siblings reunite 75 years after Partition 1947

Connect with us

Twitter

Economy.pk

Economy.pk touches diverse topics with a lighter note and is geared toward audiences with various interests and all ages. Come and explore Economy.pk. Ample details and analysis are provided in extraordinarily readable manner making them compelling and interesting at the same time.

Category

  • World
  • Politics
  • Business
  • Technology
  • Education
  • Health
  • Life & Style
  • Opinions

Social Media

  • Facebook
  • Instagram
  • Twitter
  • Linkedin

Sitelinks

  • Sitemap

Download our APP

download on android app download on apple app
  • About
  • Advertise
  • Contact

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

  • LATEST
  • World
    • Europe
    • Americas
    • Asia
    • Oceania
    • Africa
    • Canada
    • Middle East
  • Finance
  • Politics
  • Business
    • Economy
    • Finance
    • Entrepreneurship
    • Real Estate
  • Technology
    • Cyber Security
    • Mobiles
    • Social Media
  • Education
  • Sports
  • Life & Style
    • Personalities
    • Art
    • Culture
    • History
    • Entertainment
    • Fashion
    • Food
    • Health
      • Environment
      • Fitness
  • Sponsored

© 2022 All Rights Reserved Economy.pk | Designed & Developed by Digital Otters

No Result
View All Result

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In