{"id":64734,"date":"2020-04-27T16:02:52","date_gmt":"2020-04-27T11:02:52","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=64734"},"modified":"2020-04-27T16:02:53","modified_gmt":"2020-04-27T11:02:53","slug":"abad-to-construct-affordable-houses-in-4-major-cities","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/abad-to-construct-affordable-houses-in-4-major-cities.html","title":{"rendered":"ABAD to construct affordable houses in 4 major cities; shares expected prices"},"content":{"rendered":"\n<p>Karachi: Association of Builder and Developers (ABAD) Chairman Mohsin Seikhani on Wednesday announced the construction of 500,000 new affordable houses in four major cities of Pakistan over the duration of the next two years, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/abad-pens-cautionary-letter-cm-substandard-constructions-karachi.html\" target=\"_blank\" rel=\"noreferrer noopener\">ABAD pens cautionary letter to CM on substandard constructions in Karachi<\/a><\/p>\n\n\n\n<p>These <a href=\"https:\/\/www.zameen.com\/news\/sindh-minister-directs-officials-to-identify-land-for-affordable-housing-development.html\" target=\"_blank\" rel=\"noreferrer noopener\">low-cost houses<\/a> will be constructed in Karachi, Lahore, Islamabad and Hyderabad. The chairman revealed that the association has already finished its market study and has also acquired land for the project. He said that the construction will be soon be launched and would be completed in two years.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/abad-cdc-sign-an-agreement-to-digitise-land-records.html\" target=\"_blank\" rel=\"noreferrer noopener\">ABAD &amp; CDC sign an agreement to digitise land records<\/a><\/p>\n\n\n\n<p>Seikhani further said that the houses will be made available in two different categories for low-income groups with rates of PKR 2.4 and PKR 3 million \u2013 in a bid to provide quality residences in the major cities to those on a small budget. He said that the construction of these houses will create employment opportunities for the unemployed and boost commercial and industrial activity in the country.<\/p>\n\n\n\n<p>He lauded the government\u2019s recently announced relief package for the construction sector and said that it will improve Pakistan\u2019s economic growth by boosting construction activity and in turn fuel nearly 70 associated industries.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Association of Builder and Developers (ABAD) Chairman Mohsin Seikhani on Wednesday announced the construction of 500,000 new affordable houses in four major cities of Pakistan over the duration of the next two years, according to news sources. Read: ABAD pens cautionary letter to CM on substandard constructions in Karachi These low-cost houses will be constructed in Karachi, Lahore, Islamabad and Hyderabad. The chairman revealed that the association has already finished its market study and has also acquired land for the project. He said that the construction will be soon be launched and would be completed in two years. Read: ABAD &amp; CDC sign an agreement to digitise land records Seikhani further said that the houses will be made available in two different categories for low-income groups with rates of PKR 2.4 and PKR 3 million \u2013 in a bid to provide quality residences in the major cities to those on a small budget. He said that the construction of these houses will create employment opportunities for the unemployed and boost commercial and industrial activity in the country. He lauded the government\u2019s recently announced relief package for the construction sector and said that it will improve Pakistan\u2019s economic growth by&hellip;<\/p>\n","protected":false},"author":75,"featured_media":39757,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[27408,2169,27409],"persona":[],"class_list":{"0":"post-64734","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-abad-to-construct-affordable-houses-in-4-major-cities","9":"tag-affordable-housing","10":"tag-chairman-abad-mohsin-seikhani","11":"cat-15013-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ABAD to construct affordable houses in 4 major cities - Zameen News<\/title>\n<meta name=\"description\" content=\"Association of Builder and Developers (ABAD) Chairman Mohsin Seikhani on Wednesday announced the construction of a 500,000 new houses in four major cities\" \/>\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\/abad-to-construct-affordable-houses-in-4-major-cities.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ABAD to construct affordable houses in 4 major cities - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Association of Builder and Developers (ABAD) Chairman Mohsin Seikhani on Wednesday announced the construction of a 500,000 new houses in four major cities\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/abad-to-construct-affordable-houses-in-4-major-cities.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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