{"id":56659,"date":"2019-10-23T12:35:23","date_gmt":"2019-10-23T07:35:23","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=56659"},"modified":"2019-10-23T12:35:23","modified_gmt":"2019-10-23T07:35:23","slug":"bill-convert-fgehf-into-full-fledged-authority-approved","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/bill-convert-fgehf-into-full-fledged-authority-approved.html","title":{"rendered":"Bill to convert FGEHF into full-fledged authority approved"},"content":{"rendered":"<p>Islamabad: The Senate Standing Committee on Housing and Works on Tuesday approved the Federal Government Employees Housing Authority (FGEHA) Ordinance 2019 \u2013 paving the way for the conversion of the Federal Government Employees Housing Foundation (FGEHF) into a formal authority, a news source reported.<\/p>\n<p>The panel members, during a meeting presided over by Mir Kabeer Ahmed Mohammad Shahi at the Parliament House, reviewed the draft at length prior to their approval finalisation. Further, the committee approved the bill with a direction that the land from local land owners would be acquired at markets rate.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fgehf-proposes-relocation-g-141-settlers.html\" target=\"_blank\" rel=\"noopener noreferrer\">FGEHF proposes relocation of G-14\/1 settlers<\/a><\/p>\n<p>Previously, the FGEHF had been registered with the Securities and Exchange Commission of Pakistan (SECP) and operated as a sub-unit of the Ministry of Housing and Works. In July 2019, the federal government converted the foundation into an authority through a Presidential Ordinance.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/fgehf-private-firm-reach-agreement-green-enclave.html\" target=\"_blank\" rel=\"noopener noreferrer\">FGEHF, private firm reach agreement for Green Enclave<\/a><\/p>\n<p>President Dr Arif Alvi had officiated the <a href=\"http:\/\/zameen.com\/news\/senate-panel-expresses-reservations-over-fgeha-ordinance-2019.html\" target=\"_blank\" rel=\"noopener noreferrer\">FGEHA Ordinance 2019<\/a> to create the independent authority that will be responsible for the planning and development of housing projects for the serving and the retired government employees as well as other groups specified by the executive.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Senate Standing Committee on Housing and Works on Tuesday approved the Federal Government Employees Housing Authority (FGEHA) Ordinance 2019 \u2013 paving the way for the conversion of the Federal Government Employees Housing Foundation (FGEHF) into a formal authority, a news source reported. The panel members, during a meeting presided over by Mir Kabeer Ahmed Mohammad Shahi at the Parliament House, reviewed the draft at length prior to their approval finalisation. Further, the committee approved the bill with a direction that the land from local land owners would be acquired at markets rate. Read:\u00a0FGEHF proposes relocation of G-14\/1 settlers Previously, the FGEHF had been registered with the Securities and Exchange Commission of Pakistan (SECP) and operated as a sub-unit of the Ministry of Housing and Works. In July 2019, the federal government converted the foundation into an authority through a Presidential Ordinance. Read:\u00a0FGEHF, private firm reach agreement for Green Enclave President Dr Arif Alvi had officiated the FGEHA Ordinance 2019 to create the independent authority that will be responsible for the planning and development of housing projects for the serving and the retired government employees as well as other groups specified by the executive.<\/p>\n","protected":false},"author":75,"featured_media":13110,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13557],"persona":[],"class_list":{"0":"post-56659","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-bill-to-convert-fgehf-into-full-fledged-authority-approved"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bill to convert FGEHF into full-fledged authority approved - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Senate Standing Committee on Housing and Works on Tuesday approved the Federal Government Employees Housing Authority (FGEHA) Ordinance\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/bill-convert-fgehf-into-full-fledged-authority-approved.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bill to convert FGEHF into full-fledged authority approved - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The Senate Standing Committee on Housing and Works on Tuesday approved the Federal Government Employees Housing Authority (FGEHA) Ordinance\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/bill-convert-fgehf-into-full-fledged-authority-approved.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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