Islamabad: The government is planning to build 2,392 low-cost housing units on the state-owned land located in Sangjani area of Islamabad – under the Naya Pakistan Housing Programme (NPHP), news sources reported.
As per the details shared, Project Concept-1 (PC1) for these houses is complete, and the land acquisition and transfer process is underway. According to the Ministry of Housing, the monthly mortgage payments for these houses will be less than PKR 10,000 per month. According to the specifics, in the first phase of the project, the government has chosen 20 districts in Punjab where 10,000 low-cost housing units would be built. It was announced that 11 locations for these units are scheduled for inauguration in near future, and 12 have already been inaugurated.
The ministry also stated that the government has begun the construction of 45,000 housing units across the country. It was reiterated that the government is developing 11,000 houses in the recently launched projects: Lahore Development Authority (LDA) City -Lahore, Jalozai Housing Scheme-Nowshera, Alipur Farash – Islamabad, WWF Labor Complex – Zone-V, Islamabad, and the Punjab Peri-Urban Housing Scheme – Sargodha.
Additionally, the private sector is also involved in the low-cost housing project, which has resulted in the completion of 19,298 low-cost housing units, of which Akhuwat has financed 15,734 units. The government has received 230 proposals from the private sector to build over 3 million houses under the Naya Pakistan Housing and Development Authority (NAPHDA).