Ashiana Housing Society, Quaid Extension Lahore

The Government of Punjab has announced another Ashiana Housing Project for Lahore, Ashiana Quaid Extension. This project features 3 Marla double storey houses and offers them at easy installments. The location of Ashiana Quaid Extension is quite approachable and prime as it lies near Bank Stop on Ferozpur Road and lies very close to DHA Phase 3 and Phase 4. Quaid Extension’s proximity to city’s main commercial attractions and posh housing localities gives the low income people a chance of their life to have a home in Lahore’s most desirable location.

This Ashiana project is meant specifically for those residents of Punjab who earn less than Rs. 30,000. The total cost of these houses, as set by the government of Punjab, is Rs. 1350,000, which is much lower than the asking price of similar housing units in Quaid Extension’s neighbourhood. The selected applicants will be required to pay 25% of the total amount as down payment and the rest of 75% in monthly installments of Rs. 8,500. The installments are payable after taking the possession of property.

Almost all the conditions set to apply for houses in any Ashiana Housing Project are set by thoroughly considering the circumstance of the relevant income groups. For many owners of houses in Ashiana Housing Society, it was impossible for them to buy or construct a house in their entire lifetime. It has been learned that most of the government employees have been chosen as the rightful owner of the property which has millions of candidates. Even if its something by chance, may be more of such chances can be carved to favour people from other backgrounds.