PM Imran Khan performs groundbreaking of Farash Town apartments in Islamabad

ISLAMABAD: Under the Naya Pakistan Housing Program (NPHP), Prime Minister Imran Khan performed the groundbreaking of another affordable housing project – Farash Town apartments, in the federal capital.

invest with imarat

Islamabad’s emerging city centre

Learn More

A total of four thousand apartments will be constructed under the affordable housing project, which is aimed at facilitating the low-income segments of the society including workers and labourers.

While speaking on the occasion, PM Khan also announced the government’s plan to equip slums with modern facilities including sanitation and sewerage and distribute houses on proprietary rights among the slum dwellers.

The PM will also perform groundbreaking of the peri-urban housing society for the farmers soon.

In addition, the government has introduced mortgage facilities to help low-income groups secure housing loans to construct their homes.

Along with setting up affordable housing schemes, the Naya Pakistan Housing Program has also impacted the allied industries with the construction sector, as the cement dispatches and sales have registered record-breaking sales.

 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Pakistan to Gradually End SEZ Tax Exemptions Under IMF-Backed Reforms

Islamabad: The federal government is preparing to gradually withdraw tax exemptions for businesses operating within…

1 day ago

ADB Reviews Karachi Red Line BRT Progress Amid Delays and Utility Challenges

Karachi: A seven-member delegation from the Asian Development Bank (ADB) convened with Sindh’s Minister for…

4 days ago

FBR Considers Tax on High Pensions, Relief for Low-Income Earners in FY2025-26 Budget

Islamabad: The Federal Board of Revenue (FBR) is reviewing two key budget proposals for FY2025-26:…

1 week ago

CDA Proposes Mega Mixed-Use Project ‘Jinnah Square Downtown’ Along Srinagar Highway

The Capital Development Authority (CDA) is progressing with plans for a major mixed-use initiative named…

1 week ago

PDWP Approves PKR 1.99 Billion for Raiwind Road Rehabilitation

The Provincial Development Working Party (PDWP) has sanctioned a major infrastructure project worth PKR 1.99…

1 week ago

WASA to Launch PKR 14 Billion High-Tech Sewerage Project in Lahore Using TBM Technology

The Water and Sanitation Agency (WASA) Lahore is set to initiate a landmark sewerage upgrade…

2 weeks ago