F.P. Report
LAHORE: Showing the resolve to make the dream of people, belonging to low-income groups, of having their own house come true, Punjab Chief Minister Maryam Nawaz on Sunday said that work on the low-cost housing project in the province had begun.
Speaking to Akhuwwat Foundation founder and Chairman Dr. Amjad Saqib, who met with her in Lahore, she said that the provincial cabinet would expand the project every year.
She claimed that ‘Apni Chat, Apna Ghar’ programme would be the largest and cheapest housing project in the country’s history.
She said that under the programme, owners of 10 and five marlas of residential plots in villages and cities, respectively would be able to borrow loans up to Rs1.5 million, which they would have to repay in monthly installments of Rs14,000, and that, too, without ‘interest’.
Maryam further said that the Punjab government would build four-storey flats on government lands in big cities of the province. “The government will give up to Rs1 million in subsidy for the construction of each house under the private housing project,” she informed.
These houses, the chief minister added, would also be environment-friendly.
Speaking on the occasion, Dr. Saqib said that Maryam’s passion for the resolution of people’s issues was praiseworthy.