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Independent units will also be provided under housing scheme: minister

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News Stories Posted by ARY News Digital Team

LAHORE: Punjab Minister for Housing Mian Mahmoodur Rasheed on Sunday said that single and double storey independent housing units will also be provided under Naya Pakistan Housing Scheme for low-income families.

According to a statement released from the ministry, Mian Mahmoodur Rasheed said that these housing units will be available in Renala Khurd (Okara), Chistian and Lodhran districts.

He said that down payment for these houses had been reduced from 20 per cent to 10 per cent to facilitate the deserving families by the provincial government.

 “The applicants who have already submitted their applications in these districts and now are desirous of getting independent houses can also file additional applications for change of houses without any token money,” he added.

Read More:  SBP to provide 90pc loan for low-cost housing project: Tariq Bajwa

The minister said that district Lodhran had also been included in the first phase of the scheme. He said that application forms can be submitted in the nominated branches of Bank of Punjab in the above-mentioned districts by 31st March.

He said that arrangements were being made to give interest-free ‘Qarz-e-Hasna’ of Rs5 lakh to the low-income segments of the society for constructing of homes.

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