Down-payment for low-cost housing scheme reduced to 10%

Lahore: While speaking at a ceremony on-site Naya Pakistan Housing Scheme at Lodhran, the Provincial Minister for Housing and Urban Development Mian Mahmoodur Rasheed said that down payment for houses under the low-cost housing scheme has been cut down from 20 percent to 10 percent.

invest with imarat

Islamabad’s emerging city centre

Learn More

Lodhran has been included in the first phase of the housing scheme which Prime Minster Imran Khan will inaugurate. Construction of 300,000 low cost houses is to be started by this year for which interest free Qarz-e-Hasna of Rs.0.5 million will be given to low-income segments for the building of their houses.

Allocation of two percent quota will also be made to the journalists. Directions in this regard have been issued to the concerned department.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

Baghbanpura Bazar: A Historic Market in Lahore

Lahore, known as Pakistan's cultural and historic heart, is home to numerous ancient sites, bustling…

13 hours ago

Garha Mor: A Notable Landmark in Vehari City

Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…

2 days ago

Aslam Market Wah Cantt: Pleasure of Shopping & Dinning

Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…

3 days ago

Abid Market Lahore: An Iconic Shopping Landmark

Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…

4 days ago

CDA Chairman Urges Rapid Completion of Major Islamabad Interchanges

ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…

4 days ago

IMARAT Announces Launch of Pakistan’s Largest Sharia-Compliant REIT – A New Era of Real Estate Investment

Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…

4 days ago