LAHORE: Punjab government on Tuesday announced that the "Naya Pakistan Housing Project" will start soon which will comprise 35,000 apartments with affordable installment plans.
Chief Minister Punjab Usman Buzdar made the announcement on Twitter. "35,000 apartments' Naya Pakistan Housing Project, with affordable installments plan, will be starting soon in Lahore InshaAllah," he said in a tweet.
Last month, Housing Minister Mian Mahmood-ur-Rashid had said that the groundbreaking ceremony of 35,000 new housing units in Lahore would be performed by Prime Minister Imran Khan on December 25, 2020.
Stating that financing for the construction of houses was also a major challenge and banks were not ready to finance these projects, the minister said that now State Bank of Pakistan has bounded the banks to allocate 5% of their borrowing for the housing sector.
Couple released from jail after Islamabad High Court struck down physical remand
Woman clings onto driver's door of her car and stops the snatcher from running away
Raja warns Marwat of action over his statements targeting top party leadership
Citizens can get their passport made from any city irrespective of residential address mentioned on their CNIC
Zardari will stay at home for four weeks on doctors' advice, says President's House spokesperson
PM Shehbaz, Qatari emir explore avenues for enhanced cooperation in trade, investment, energy and culture
