Senate body reviews progress of PWD projects

ISLAMABAD: The Senate Standing Committee on Housing and Construction convened by Haji Hidayatullah Khan reviewed the progress of pending and ongoing projects under the Public Works Department (PWD).

invest with imarat

Islamabad’s emerging city centre

Learn More

While attending the meeting, the Housing Secretary, Imran Zeb, informed that a sum of Rs7 billion has been disbursed to the Akhuwat Foundation, which approves interest-free loans up to Rs1 million to people. The foundation was further accredited to have financed 15,000 houses until June, with a plan to build 44,000 houses by 2023, it was announced.

The Green Enclave-I project, featuring 3,282 plots, is scheduled to be completed by June 20, 2023; the meeting was briefed.

Discussing the Chaklala Heights Rawalpindi apartments, ten per cent of work on the project has been done as the project will be developed by December 30, 2023.

The senate body was also informed of a joint venture under which the housing authority will collaborate with the government of Azad Jammu and Kashmir (AJK) to construct 100 houses in Rawalakot, December 30, 2023.

In addition, the authority also plans to build 730 apartments by December 2024 in collaboration with the Khyber Pakhtunkhwa government.

 

For news and blogs, visit Graana.com. 

Maham Tahir

Recent Posts

Rome’s Affordable Real Estate Draws Increasing Investor Interest

As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…

1 day ago

Dubai’s Second Tallest Tower Burj Azizi Shatters Records with Global Luxury Sales Launch

Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…

4 days ago

Real Estate Set to Surge as Government Plans to Scrap FED on Property Deals

The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…

5 days ago

Egypt Launches MLS-Powered Real Estate Platform for Transparency & Investment

Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…

5 days ago

CDA to Hold Open Auction for Commercial Plots in Islamabad from February 25

The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…

5 days ago

Islamabad’s Three Day Spring Festival Set to Wow Visitors with Cultural Showcase

The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…

6 days ago