Categories: Technology

Govt announces 12,400 low-cost apartments for Kachi Abadi residents

ISLAMABAD: While chairing a meeting of the National Coordination Committee for Housing, Construction, and Development in Islamabad, Prime Minister Imran Khan announced 12,400 low-cost apartments provided with all basic facilities for Kachi Abadi residents in Islamabad.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the meeting, the Capital Development Authority (CDA) and the Naya Pakistan Housing Authority (NAPHDA) will provide subsidies for these flats, with monthly instalments starting from a bare minimum.

According to the details, there has been an increased demand for commercial bank loans, with applications for loans amounting to Rs. 6 billion rupees received in the last two weeks. The government has given citizens loans worth Rs38 billion to construct their own homes. 

The Prime Minister emphasised defining the city boundaries, preventing unplanned expansion, and enacting strict legislation to stop illegal construction.

Furthermore, he stated that an international-standard cricket stadium would also be built in Islamabad.

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

All You Need to Know About Mehar

Mehar is a small town located in Sindh, Pakistan. It is positioned at coordinates 27.1795221,…

2 hours ago

An Area Guide to Nasirabad

Nasirabad is a district located in Balochistan, Pakistan. It is known for its agricultural activities,…

4 hours ago

An Area Guide to Thul, Jacobabad

Thul is a town in the Jacobabad District of Sindh province in Pakistan. It is…

23 hours ago

Sitara Market Islamabad: Shop, Dine, and Delight

The home of four famous minarets, Islamabad features a notable number of markets and bazaars.…

1 day ago

An Area Guide to Jalalpur Bhattian

Jalalpur Bhattian is a town in the Hafizabad District of the Punjab province in Pakistan.…

1 day ago

Exploring Bhawana

Bhawana is a tehsil located in the province of Punjab, Pakistan. It is included in…

2 days ago