{"id":92731,"date":"2023-03-04T11:38:27","date_gmt":"2023-03-04T06:38:27","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=92731"},"modified":"2023-03-03T11:39:57","modified_gmt":"2023-03-03T06:39:57","slug":"krt-low-cost-houses-flood-areas","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/krt-low-cost-houses-flood-areas.html","title":{"rendered":"KRT to construct low-cost houses in flood-hit areas"},"content":{"rendered":"\n<p>Karachi: Karachi Relief Trust (KRT) has partnered with Bank Alfalah to fund the construction of low-cost, sustainable houses for the flood-affected communities in Sindh, news sources reported on March 2.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/adb-funds-balochistan-flood-affected-areas.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB approves funds for emergency assistance in Balochistan\u2019s flood-affected areas<\/a><\/p>\n\n\n\n<p>Under the collaboration, Bank Alfalah will provide PKR 50 million to reconstruct two clusters of low-cost houses in villages that were devastated by the floods, comprising 70 homes each, at an estimated cost of PKR 350,000 per house. Speaking at the signing ceremony, Bank Alfalah President and CEO Atif Bajwa said that the donated amount will facilitate the <a href=\"https:\/\/www.zameen.com\/news\/flood-stalled-projects-funds-approved.html\" target=\"_blank\" rel=\"noreferrer noopener\">rebuilding of infrastructure <\/a>in the medium to long term, aiding the affected areas in returning to normalcy. He said that the collaboration has been part of the two-pronged approach, which includes rescue and relief, followed by rebuilding and rehabilitation under the\u00a0 &#8216;Reimagine: Build Back Better.&#8217; <\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/japan-usd-5-mn-flood-relief.html\" target=\"_blank\" rel=\"noreferrer noopener\">Japan to donate USD 5 mn for flood relief efforts in Pakistan<\/a><\/p>\n\n\n\n<p>It is important to note that the devastating flood last year caused a humanitarian crisis in Pakistan, leading to over 30 million displaced people and over USD 30 billion in infrastructural damage. The government has partnered with multiple governments and non-governmental organizations (NGOs) for the rehabilitation of affected people.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: Karachi Relief Trust (KRT) has partnered with Bank Alfalah to fund the construction of low-cost, sustainable houses for the flood-affected communities in Sindh, news sources reported on March 2.\u00a0 Read: ADB approves funds for emergency assistance in Balochistan\u2019s flood-affected areas Under the collaboration, Bank Alfalah will provide PKR 50 million to reconstruct two clusters of low-cost houses in villages that were devastated by the floods, comprising 70 homes each, at an estimated cost of PKR 350,000 per house. Speaking at the signing ceremony, Bank Alfalah President and CEO Atif Bajwa said that the donated amount will facilitate the rebuilding of infrastructure in the medium to long term, aiding the affected areas in returning to normalcy. He said that the collaboration has been part of the two-pronged approach, which includes rescue and relief, followed by rebuilding and rehabilitation under the\u00a0 &#8216;Reimagine: Build Back Better.&#8217; Read: Japan to donate USD 5 mn for flood relief efforts in Pakistan It is important to note that the devastating flood last year caused a humanitarian crisis in Pakistan, leading to over 30 million displaced people and over USD 30 billion in infrastructural damage. The government has partnered with multiple governments and non-governmental organizations (NGOs)&hellip;<\/p>\n","protected":false},"author":84,"featured_media":88606,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[56585,22553,56586],"persona":[],"class_list":{"0":"post-92731","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-krt-to-construct-low-cost-houses-in-flood-hit-areas","9":"tag-low-cost-houses","10":"tag-low-cost-housing-prohjects-in-pakistan","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KRT to construct low-cost houses in flood-hit areas - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi Relief Trust (KRT) has partnered with Bank Alfalah to fund the construction of low-cost, sustainable houses for the flood-affected\" \/>\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\/krt-low-cost-houses-flood-areas.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KRT to construct low-cost houses in flood-hit areas - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi Relief Trust (KRT) has partnered with Bank Alfalah to fund the construction of low-cost, sustainable houses for the flood-affected\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/krt-low-cost-houses-flood-areas.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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