PM Imran lays foundation stone of low-cost housing scheme in Sargodha
ISLAMABAD: Prime Minister Imran Khan performed on Wednesday the groundbreaking of a low-cost housing project under the government’s ambitious Naya Pakistan Housing Programme in Sargodha.
Chief Minister Sardar Usman Buzdar was also present on the occasion. The prime minister was given a briefing on the project.
Addressing the foundation laying ceremony, Prime Minister Khan said the common man cannot even think of owning a house due to lack of resources. “We have launched this scheme for the poor and labourers,” he pointed out.
“Small cities are being built along with large cities in Punjab,” the prime minister said. “The have-nots will be able to realise their dream of owning a house with this project. They can get a house by paying a Rs10,000 monthly installment in ten years.”
Under this scheme, a total of 1,175 houses of three marla will be constructed at six locations in Sargodha district. The Punjab government will provide land as well as other facilities for this project.
The construction work will be carried out by Frontier Works Organization (FWO). The mortgage facility will be provided by Punjab Bank which will enable the deserving people to pay the total amount of a house through easy installments.
33,528 applications have been received for this housing project and the houses will be allotted through balloting.
Earlier in a tweet, Information Minister Chaudhry Fawad Hussain said the promise of constructing five million houses is now transforming into a reality. He pointed out that the cement sale is currently at record level.