Punjab’s urban development budget increases from Rs26bn to Rs34bn

LAHORE: The provincial government of Punjab has increased the budgetary allocation for urban development from Rs26.20bn to Rs34.015bn.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the details, out of the total allocation, Rs3.966bn has been allocated for South Punjab while Rs30.049bn for the development of the remaining areas of Punjab.

For South Punjab, out of the allocation of Rs3.966bn, Rs1.877bn will be spent on the current development projects while Rs2.089 for new projects.

Similarly, for the rest of Punjab, Rs21.507bn will be spent on the ongoing development projects while Rs8.54bn for initiating new projects.

 

For news and blogs, visit Graana.com 

Maham Tahir

Recent Posts

Islamabad Selected as Pilot Smart City Under Prime Minister’s Digital Pakistan Vision

Islamabad is set to become Pakistan’s first pilot smart city as part of Prime Minister…

2 days ago

New Govt-Backed Housing Finance Initiative Aims to Revitalize Real Estate

The federal government plans to introduce a new subsidized housing finance scheme in the fiscal…

3 days ago

Historic First for Real Estate in Pakistan: IMARAT’s Subsidiary Earns A- Rating

In a landmark achievement for Pakistan’s real estate sector, IMARAT Group has announced that its…

6 days ago

Massive Green Push in Punjab: 42 Million Trees and Eco-Tourism Development Underway

LAHORE: Punjab Chief Minister Maryam Nawaz Sharif reaffirmed her administration’s strong commitment to environmental sustainability,…

6 days ago

IMARAT/Graana.com Partners with Prestige Aesthetics to Offer Premium Wellness Benefits to Clients

Islamabad – In a continued effort to redefine luxury living in Pakistan, IMARAT Group has…

7 days ago

China’s Upcoming City Near Karachi: A Potential Game Changer for Pakistan’s Real Estate Sector

China’s ambitious plan to construct an entirely new city near Karachi is set to reshape…

1 week ago