Federal govt introduces ‘home financing facility’ for KP

Minister says ballotting for Naya Pakistan Housing Scheme in Sarozai area of Peshawar, where 20,000 grey structures will be built, has been completed

PESHAWAR: Khyber Pakhtunkhwa Housing Minister Dr Amjad Ali said on Thursday that the federal government has introduced a ‘home financing facility’ to promote the construction of houses for low-income strata of KP.

He expressed these views while addressing a press briefing along with Special Assistant to Chief Minister on Information and Local Government Kamran Bangash. The briefing was held to highlight the KP government’s two-year performance in the housing sector.

The provincial minister said that the KP government, in collaboration with Pakistan Housing Foundation, would construct 20,000 grey structures under the Naya Pakistan Housing Scheme in the Sarozai area of Peshawar, for which the balloting process has already been completed. He said the project would be completed at a cost of Rs97 billion.

- Advertisement -

The minister was also flanked by Housing Secretary Daud Khan and Provincial Housing Authority Director General Imran Wazir.

Dr Amjad Ali said that the provincial government was committed to uplifting the housing sector in the province, adding that the construction of houses also would promote various allied industries, and would generate employment opportunities in the province.

He said that the purpose of the housing department was not to earn profit from people, rather provide them with housing facilities on ‘no profit no loss’ basis.

The minister informed the housing department had announced two per cent quota to journalists in the Sarozai housing scheme, while a similar quota would also be provided in the Jalozai housing scheme. He said around 85pc of the construction work has been completed in the Jalozai housing scheme, and the possession letters would be awarded to the allottees in December this year.

He stated the housing department was going to further extend the Jalozai housing scheme by around 5000 Kanal.

Ali further stated that the provincial government has sent letters to various district administrations to identify land for Naya Pakistan Housing Scheme. He said all of the housing schemes of the provincial government were on barren land and no scheme would be allowed on agricultural land in the province.

The provincial housing minister said that the housing department, in collaboration with Federal Employees Housing Authority, would build 20 plus stories high rise apartment building in Nishtarabad area of Peshawar, which would be completed at a cost of 15 bn rupees. He said 90pc of work on Hayatabad High Rise building for government employees had been accomplished, and the balloting process has already been completed. He added the Civil Quarter Kohat Road flats scheme for government employees would be completed in 2022.

While addressing the press briefing Special Assistant to the Chief Minister for Information and Local Government, Kamran Bangash said that the local government department has written to the Federal Investigative Agency to take action against the illegal housing schemes in the province. He said the government would make no compromise on illegal housing schemes. He said Prime Minister Imran Khan has given a comprehensive strategy on the housing sector in the country. He said the previous government had only raised slogans of houses, while the incumbent government was taking concrete steps for it.

- Advertisement -


Comments are closed.

- Advertisment -

Must Read

It was all just a dream, Imran realises after waking up...

A disappointing turn of events on saturday for Chairman of the Pakistan Tehrik-e-Insaaf (PTI) Imran Khan as he realised that he had only been...