Govt releases Rs3.35bn in loans for construction of 7,572 housing units

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ISLAMABAD: The federal government has released Rs3.35 billion as interest-free loans for the construction of 7,572 housing units, under Prime Minister Imran Khan’s low-cost housing finance scheme.

Currently, over 2,416 applications are under the process of approval.

With a 100% recovery ratio, the government set aside a sum of Rs5 billion for the project. The sum recovered will be utilised to cater more applications.


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