Minister Housing and Urban Development Punjab Mian Mehmood ur Rasheed has said that Punjab Housing and Town Planning Agency (PHATA) has taken lead by initiating a low-cost private housing scheme for affordable houses as envisaged by Prime Minister Imran Khan under Naya Pakistan housing scheme. Under this project, the construction of 406 houses on 3 and 5 marlas has been started on 135 kanal land in Eminabad on Wando Road Gujranwala. These views were expressed by Minister Housing Mian Mehmood ur Rasheed while presiding over a review meeting of the said housing scheme. DG PHATA Muhammad Asif Chaudhary, General Secretary Punjab Housing Task Force Atif Ayub and members of PHATA board of directors attended the meeting. DG PHATA gave a detailed briefing regarding the pace of development works on this scheme. Mian Mehmood ur Rasheed said that the scheme called “Garden Square” is a flagship project of MAAKSONS Pvt Ltd in collaboration with the Punjab Housing and Town Planning Agency (PHATA) and the Bank of Punjab (BoP) to facilitate housing for all. He said that in order to turn Prime Minister’s vision into reality, the Bank of Punjab will provide finances to the purchasers of houses on easy terms. The markup rate has been reduced under a special package to facilitate the low-income segments. Mian Mehmood ur Rasheed informed that the best Infrastructure, underground electricity connections, sewerage system, green area, school and other facilities are being provided in this low-cost housing scheme. He further told that approval of housing schemes of private sector builders and developers is being granted by PHATA on priority bases.
