Categories: Everyday News

KP cabinet approves low-cost housing scheme

PESHAWAR: The Khyber-Pakhtunkhwa (KP) cabinet, on Monday, gave the go-ahead for a low-cost housing scheme for the deserving people of the province.

invest with imarat

Islamabad’s emerging city centre

Learn More

The meeting was presided over by Chief Minister (CM) Mahmood Khan. The CM was briefed regarding the scheme under which the government would give a subsidy of  Rs300,000 on each plot. The eligible applications are those having a monthly income of less than Rs50,000 per month. The return plan for the scheme is ten years. 

As per sources, a high-level cabinet committee was formed to identify the real estate properties at the disposal of the government for utilisation within the housing schemes. 

The cabinet further directed the housing, local government and revenue departments to begin the execution process in the Charsadda district.

 

 

For more news and information, visit Graana.com 

Laila Waqar

Laila Waqar is the Content Lead at Graana.com. With a bachelor's degree from LUMS, her expertise lies in curating research-based content in line with market marketing requirements. She is a detailed-oriented professional who focuses on delivering quality content that is enlightening and engaging.

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…

5 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