Peshawar: Khyber Pakhtunkhwa (KP) Chief Minister (CM) Mahmood Khan performed the groundbreaking of two high-rise buildings on Warsak Road in Peshawar, according to news published on July 30.
As per the details, the multi-storey buildings feature 1,240 residential units of different sizes and other facilities. The accumulated cost of the project is PKR 17.5 billion. One of the buildings will be developed on a land of more than 5 kanals, which will encompass 10 residential floors and 3 commercial floors. The other high-rise building will be constructed on 79-kanal land at the Rehman Baba Complex, which will have 10 residential floors.
CM Khan, speaking at the ceremony, lauded the efforts of the provincial minister for housing for starting the construction work on the residential buildings. He went on to say that the high-rise buildings will provide residential facilities for low-income households.
Reportedly, the government is taking viable steps to preserve the agricultural land in the region. The provincial government will be launching work on a mega housing project – New Peshawar Valley. It will be the only housing scheme to be constructed under the land sharing formula.