Apna Ghar Scheme: 500,000 housing units to be constructed throughout country
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ISLAMABAD - Ministry of Housing will construct around 500, 000 housing units for the low income families throughout the country under Apna Ghar Scheme.
An official of the Ministry told APP that presently, there is a shortfall of approximately 9 to10 million houses in the country and the present government is making concerted efforts to bridge the gap.
He said under the scheme, the government will provide houses to shelter less families by constructing low-cost units on state land in different localities.
The official said, to ensure cost effective access to credit for housing, the government will pick up a portion of the financing cost as subsidy.
He said in order to commence execution work for launching the housing project, Apna Ghar limited company has been registered with Securities Exchange Commission of Pakistan.
He further said all the initial work of the project has been completed and sufficient chunks of state land have been identified for the launching of the project.
