Islamabad: About 768 housing units for low paid federal government employees in BPS-1 to BPS-16 will be ready by the end of next year.
Director General (C&PM) Pakistan Housing Authority, Ministry of Housing and Works, Athar Nawaz Malik told this agency here on Thursday.
Giving details, he said basic infrastructure to a total of 368 D-type and 400 E-type apartments had been laid in Sectors G-10/2 and G-11/3 and their completion would be ended by next year.
CDA would provide basic infrastructure to other identified land in I-16 sector for further accommodation of allottees, he added.
He said that the government had no funding for the construction of such units and the recent work was being executed from amount collected from the payments made by the allottees through down payments and installments.
To make best use of identified land, the concept of land use remained a priority and maximum stress was laid on vertical constructions instead of horizontal, he added.
Replying to another question, he said to generate funds for the ongoing and upcoming projects, ministry would sell out additional housing units to general public at market rates.
The income obtained from such sale would be utilized to overcome financial issues and for initiation of other housing projects, he added.
