The construction work of Naya Pakistan housing Program, the landmark housing scheme to build as many as 5 million low-cost houses across the country, as promised by prime minister Imran Khan, will be started in three districts of Punjab from next month.
This was revealed by Zaigham Rizvi, the Chairman Prime Minister’s Task Force on Housing, while addressing a press conference after the Task Force meeting chaired by the prime minister in Lahore. Mian Mahmood-ur-Rasheed, the provincial minister for Housing, Punjab was also present on the occasion.
Addressing the meeting, PM Imran Khan said that providing shelter to the homeless is the top priority of his government. The Naya Pakistan Housing Program will promote and accelerate economic activities in the country.
The program will also help provide jobs to jobless youths, Imran said, adding this will have a far-reaching and positive impact on the overall economy of the country.
The Chairman Prime Minister’s Task Force on Housing said that the work on the construction of housing units under the Naya Pakistan Housing Programme would be started in three districts of Punjab including Lodhran, Okara and Bahawalnagar from December 2018. He also reiterated that PM Imran Khan will grace the ground-breaking ceremony of the project in these districts.
Mr. Rizvi further said that Punjab government has identified over 10 lakh kanal land for the NPHP in different areas of the province while all the 36 districts of Punjab are included in the Naya Pakistan Housing Program. The PM ordered to remove legal lacunas in mortgage financing and referred the matter to the legal committee of the Program.
Rizvi said that the government would remove hindrances and shortcomings regarding house financing for the NPHP. A real estate regulatory authority would also be established to regulate the sector. On the other hand, Punjab has also decided to set up its own task force for the project.
Zaigham Rizvi made it clear that the construction of housing units is a time-consuming job, however government is keen to complete the 5 million figure within 5 years. He clarified that the housing units under the program would not be constructed by the government rather private investors would build the units.