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One lac house will be constructed in first phase of New Pakistan Scheme – PM Khan

ISLAMABAD: Prime Minister Imran Khan has said that one lac houses will be built in the first phase of the New Pakistan Housing Project. He has given a subsidy of Rs 30 billion for the project.

According to details, Prime Minister Imran Khan, while addressing a meeting of the Coordination Committee for Development and Construction, said that in the first phase of the New Pakistan Housing Project, a subsidy of about Rs 300,000 would be given to a house.

The Prime Minister said that the loan taken from the bank will have to pay 5% interest on a 5 Marla house, in the first phase 7% interest will have to be paid for a 10 Marla house.

He said that banks have been asked to keep 5% portfolio for construction only, the total amount is Rs 330 billion, the purpose of the National Coordinating Committee will be to remove the obstacles that will be with the banks.

Imran Khan said that one window operation related to construction has been done, each province will work through one window operation, a web portal will be created, there will be no need to visit departments which will save time, not much time in running. Will feel

The Prime Minister said that the project is for this year only, whoever will invest in the construction will not be questioned.

We have time till December 31 for this project. I tell the people to invest as much as they can till December 31. No government has ever made it so easy for the common people to build houses. The people also have housing,” he said. Take full advantage of the project.

Imran Khan said that the government will help the poor so that they can buy their house in easy installments. In the coming days, construction will also provide employment to the people


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