Thursday, September 19, 2024
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Monthly Installments For 5, 10 Marla Houses In ‘Apni Chhat, Apna Ghar’ Scheme

Punjab Chief Minister Maryam Nawaz recently unveiled more details about the “Apni Chhat, Apna Ghar” scheme. This program aims to provide affordable housing to the people of Punjab without any interest payments. The initiative is a significant step towards making homeownership a reality for low-income families.

Apni Chhat Apna Ghar Scheme Installment Plan

The scheme will be rolled out in three stages, ensuring that a wide range of communities benefit. Below is a breakdown of the loan amounts, house sizes, and monthly payments for 3 different regions:

Region Loan Amount House Size Monthly Payment
Rural Areas Up to Rs1.5 million Up to 10 marlas Rs14,000
Urban Areas Up to Rs1.5 million Up to 5 marlas Rs14,000
Major Cities Not specified Four-story flats Easy installments

In rural areas, eligible families can apply for loans up to Rs1.5 million to build homes up to 10 marlas. Urban areas offer the same loan amount but for houses up to 5 marlas. Major cities will focus on four-story flats, with allocations made through a lottery system on government land.

Private housing schemes also play a key role in this initiative. They will provide homes ranging from 3 to 5 marlas, with government subsidies of up to PKR 1 million per house. This support will significantly reduce the financial burden on low-income families.

Dr. Amjad Saqib, founder and chairman of Akhuwat Foundation, praised CM Maryam Nawaz for launching this housing program. She acknowledged Akhuwat’s invaluable contributions. She also emphasized that the program would expand yearly. More families will achieve their dream of owning a home.

The “Apni Chhat, Apna Ghar” scheme is a beacon of hope for those who aspire to own a home but lack the financial means. With the government’s support, affordable housing is now within reach for many families across Punjab. Stay tuned for more information.

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