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Delivering 5m homes via markets
Incentives will push private sector to deploy resources for building housing units
Prime Minister Imran Khan. PHOTO: RADIO PAKISTAN
ISLAMABAD:
The most important promise that Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) made to the people in the economic domain was the construction of five million homes targeting the poor segments of the populace.
Three years on, we have seen the launch of Naya Pakistan Housing Programme (NPHP), along with the announcement of subsidised mortgages for the low-income customers.
As of today, 1,500 housing units have been delivered whereas another 5,000 units in different cities are being built. Even then, the attribution of these units exclusively to NPHP is debatable as housing is technically a provincial domain.
ISLAMABAD: Prime Minister Imran Khan on Thursday said that through future green financing, Pakistan is proud to take a lead in conservation of ecological systems and ensure a secure and liveable.
Govt to provide full support to housing projects in Punjab: PM
Prime Minister Imran Khan says federal government will provide full support to housing projects in Punjab under the Naya Pakistan Housing Program.
Chairing a meeting on the progress of low cost housing schemes for the low income segments of Punjab in Lahore today, he appreciated the sites proposed by the Punjab Housing and Town Planning Agency.
The participants were informed that with the approval of housing rules by the provincial government, an encouraging participation from private sector in the construction of houses is being observed.
They were apprised of housing needs of the people, commencement of balloting after Eid and the involvement of the private sector in the construction of houses.
Lahore
April 9, 2021
LAHORE:Punjab Minister for Housing, Urban Development and Public Health Mian Mehmood-ur-Rasheed Thursday announced that the ground-breaking of 4,000 LDA City Naya Pakistan apartments would be performed by Prime minister Imran Khan today (Friday).
A total of 35,000 apartments would be constructed in the metropolis under the LDA City Naya Pakistan project and the construction of 4,000 apartments would start on Friday after the ground-breaking ceremony, he added.
The provincial minister said the Punjab government had assigned all development authorities in Lahore and other big cities of the province to build housing units for the low-income people and 35,000 apartments would be constructed by the Lahore Development Authority (LDA) in different parts of the metropolitan. Mehmood-ur-Rasheed said the Punjab Housing and Town-planning Agency (PHATA) of the Punjab Housing Department had enacted affordable housing rules under which any developer in the private sector