Prime Minister Imran Khan performed the groundbreaking of a low cost housing project under Naya Pakistan Housing Program in Sargodha on Wednesday.
Addressing the ceremony, the premier said that Pakistan Tehreek-e-Insaf (PTI) government has launched housing project for poverty-stricken people who don’t have enough money to build their houses. We are trying hard to provide houses to everyone, he added.
The PM said that it’s the first biggest housing project in the history of Pakistan. 40 percent population in Karachi lives in slum areas where there are no facilities, he told.
Meanwhile, the prime minister was given a briefing on the project.
Under this scheme, a total of 1,175 houses of three marla will be constructed at six locations in Sargodha district. Punjab government will provide land as well as other facilities for this project.
The construction work will be carried out by Frontier Works Organization. The mortgage facility will be provided by Punjab Bank which will enable the deserving people to pay the total amount of a house through easy installments.
33,528 applications have been received for this housing project and the houses will be allotted through balloting.
Earlier, in a tweet, Federal Minister Chaudhary Fawad Hussain said the promise of constructing five million houses is now transforming into a reality.
He pointed out that the cement sale is currently at record level. He said the development journey will continue.