Govt releases Rs3.35bn in loans for construction of 7,572 housing units

ISLAMABAD: The federal government has released Rs3.35 billion as interest-free loans for the construction of 7,572 housing units, under Prime Minister Imran Khan’s low-cost housing finance scheme.

invest with imarat

Islamabad’s emerging city centre

Learn More

Currently, over 2,416 applications are under the process of approval.

With a 100% recovery ratio, the government set aside a sum of Rs5 billion for the project. The sum recovered will be utilised to cater more applications.

 

For news and blogs, visit Graana.com. 

Maham Tahir

Recent Posts

Rent Over Ownership: Melbourne Leads a New Housing Trend

MELBOURNE — A new analysis by Deluxe Holiday Homes has highlighted significant shifts in Melbourne's…

2 hours ago

Fire Engulfs Ski Resort Hotel in Türkiye, Leaving 10 Dead and 32 Injured

ANKARA — A devastating fire at the Kartalkaya ski resort in northern Türkiye claimed the…

1 day ago

Vietnam’s Real Estate Market Braces for Growth in 2025

As Vietnam heads into 2025, the real estate market presents a dynamic mix of challenges…

1 day ago

Dubai’s Secondary Housing Market Set for Strong Growth in 2025

Dubai’s secondary housing market is predicted to see robust growth in 2025, with demand for…

1 day ago

California’s Wildfires Spark an Unforeseen Housing Crunch in Los Angeles

As Los Angeles County grapples with the aftermath of some of the most destructive fires…

1 day ago

CDA Launches New Plant Relocation Initiative

On Friday, Azam Nazeer Tarar, the Minister for Law and Justice, informed the Senate that…

2 days ago