Housing Finance: Rs140bn disbursed for low-cost housing projects

ISLAMABAD: While inaugurating a housing project on Kurri Road on Tuesday, PM Imran Khan revealed that Rs140bn have been disbursed by the banks for the various housing project.

invest with imarat

Islamabad’s emerging city centre

Learn More

While addressing the ceremony, the PM was of the view that the government is facilitating people to avail the housing finance as interest-free loans and various subsidies are being provided for the construction of houses.

He also stated that the construction industry is on a growth trajectory and it helped to increase the income of labor class. The income of labour observed an increase of 40-60pc.

The PM also praised the Ministry for Housing for completing the long-pending housing projects within the timeframe of three years.

The banking sector has approved housing loans of Rs124bn while loans of Rs40bn have already been disbursed, he added.

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

FGEHA to Auction Commercial Plots in Islamabad on June 18-19

ISLAMABAD: The Federal Government Employees Housing Authority (FGEHA) is set to hold an auction for…

18 hours ago

Budget 2025-26: Focus on Salaries, Pensions, and Tax Relief for the Salaried Class

Islamabad – Presenting the PKR 17.57 trillion federal budget for FY2025–26, Finance Minister Muhammad Aurangzeb…

4 days ago

CPEC Phase 2 Aligned with URAAN Agenda to Drive Economic Transformation

Islamabad: Federal Minister for Planning, Development and Special Initiatives, Professor Ahsan Iqbal, chaired a high-level…

6 days ago

AED 66.8 Billion in Dubai Real Estate Sales – A New May Milestone!

Dubai, UAE – May 2025: Dubai’s real estate sector has achieved a record-breaking milestone, with…

6 days ago

Dubai Launches Fractional Real Estate Investment for Residents

Dubai, UAE – In a significant step toward reshaping property investment, the Dubai Land Department…

1 week ago

Pakistan, Afghanistan Renew Commitment to $4.8 Billion Railway Project

Islamabad: Pakistan and Afghanistan have reiterated their commitment to the $4.8 billion Uzbekistan-Afghanistan-Pakistan (UAP) Railway…

2 weeks ago