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

Pakistan Emerges as Prime Investment Destination, Say Real Estate Developers at Dubai Property Show

DUBAI: Pakistani real estate developers and representatives showcased a range of commercial and residential investment…

8 hours ago

CDA to Transform Park Road Nursery Under Rs652 Million Gardenia Hub Project

ISLAMABAD: Capital Development Authority (CDA) is currently undertaking a major Rs652 million project to upgrade…

4 days ago

Citywide Anti-Encroachment Drive to Begin in Karachi

Karachi – Mayor Barrister Murtaza Wahab has announced the launch of a citywide anti-encroachment operation…

4 days ago

CDA Chairman Orders Revival of 23 Water Fountains with Artistic Lighting

ISLAMABAD: CDA Chairman Muhammad Ali Randhawa has directed the immediate restoration of 23 non-functional water…

5 days ago

Govt to Abolish 3% FED on First Sale of Properties in Pakistan

ISLAMABAD: In a major relief for the real estate sector, the federal government has decided…

6 days ago

First-Ever Digital Auction by DHA Islamabad-Rawalpindi – A Smart Step into the Future of Real Estate

DHA Islamabad-Rawalpindi (DHAI-R), one of the most trusted names in Pakistan’s real estate landscape, is…

6 days ago