Housing Project

Naya Pakistan Housing Project

On Feb. 3, 2021, Prime Minister Imran Khan is set to introduce the development of 4000 condos under Naya Pakistan Housing Project (NPHP) in Lahore this month, as per Punjab Minister for Housing Mian Mehmood-ur-Rashid. On Feb 24, 2021, In one more advancement for the Naya Pakistan Housing Scheme (NPHS), Lahore Development Authority (LDA) Director General Ahmed Aziz Tarar comprised a different directorate to assist the conveyance of 4,000 private units under NPHS in LDA City. Named “Directorate of Housing XII,” the recently settled body will perform assignments, for example, overseeing deals and promoting, under the regulatory control of the Additional Director General (Urban Planning).

The news came closely following another report with respect to the Naya Pakistan Housing Program. The main period of opening of the tenders for the development of 4,000 condos under LDA City’s Naya Pakistan Apartments project was finished on Feb. 20. Under bundle four of Phase-1, around six worker for hire organizations apparently recorded their offers for the development of 256 lofts. It was additionally announced that, for each situation, four tenders were opened for the development of two squares. Altogether, 32 lofts will be built in each square.

IMRAN KHAN INAUGURATES 20,000 HOUSING UNITS

On Mar 12, 2020, Prime Minister Imran Khan has initiated seven lodging projects worth PKR 100 billion under NPHP. 20,000 lodging units will be built under it. These reasonable houses will be implicit significant urban communities of Pakistan: Islamabad, Lahore, Rawalpindi and Quetta.

The houses are being developed for low pay gatherings and salaried individuals in Islamabad, Rawalpindi, Lahore, and Quetta. Six out of these seven lodging projects have a place with the Federal Government Employees Housing Authority (FGEHA) and the leftover one has a place with the Pakistan Housing Authority Foundation (PHAF).

On fifteenth January, 2020, PM Imran Khan has delisted five properties from privatization out of the 32 state-claimed public properties. Out of the five properties, three have been given over to Naya Pakistan Housing Authority (NPHA) to complete the development of minimal expense lodging units. The said properties are: Mohanwali property worth PKR 4.5 billion, PIPRI Karachi worth PKR 500 million and Hawksbay Road Karachi worth PKR 700 million. As indicated by the privatization service authorities, NPHA can build around 7,000 condos on the Mohanwali public property land.

On sixth December 2019, Prime Minister Imran Khan has apparently guided the Federal Board of Revenue to eliminate deals charge and fixed charge from development work that will be executed under the Naya Pakistan Housing Scheme. Unique Assistant to Prime Minister on Information Firdous Ashiq Awan reported the choice while conversing with the media on Dec. 5. Awan added the action, which is getting looked at in Punjab, Khyber-Pakhtunkhwa and Balochistan, is pointed toward advancing the nation’s lodging and development area. PM Khan additionally requested that common authorities report him on unused public land that can be utilized for his leader minimal expense lodging program.

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