Islamabad: Prime Minister (PM) Imran Khan on Thursday handed over the keys of 1,500 low-cost flats and houses developed under the Naya Pakistan Housing Programme (NPHP) initiative to labourers through balloting, according to news sources. The said houses are located Zone V of Islamabad.
Addressing the ceremony, the PM reiterated his resolve to uplift the weak and underprivileged segments of society. The ceremony featured balloting of the finished houses followed by a speech by PM’s aide on Overseas Pakistanis Zulfi Bukhari. As per the sources, these NPHP houses and apartments in Zone V lie at 15 minutes’ drive from Islamabad Expressway. It is reported that each unit has a living room, two bedrooms, a kitchen and a bath. The residences balloted were constructed jointly by Workers Welfare Fund and Overseas Pakistanis and Human Resource Development in the suburban Islamabad.
Distributing the keys of the NPHP units, the PM acknowledged the challenge of owning a house in the current economy. He said that the government is paying a subsidy of PKR 300,000 for each unit and the subsidised mark-up rate for NPHP units will stay at 5% for the next 20 years.
During his address, Bukhari said that in the initial phase of this project 1,008 flats and 500 houses have been constructed by the Workers Welfare Fund. He said that these units have been allotted to workers based on ‘proprietary rights’. In the following phase, 1,504 more units will be developed. It is stated that the Labour Complex when completed will sprawl over 2,560 kanals of prime land lying between Naval Anchorage and Gulberg Greens.
Hazafa reveres the art of writing and has been turned into a property enthusiast by profession. Her daily survival kit includes; tea, coffee, keyboard and paperbacks.
