Lahore: Punjab government intends is looking for public-private partnership to construct 500,000 low-cost houses for the affordable housing project, a news source reported. Punjab is to construct one million low-cost homes out of the targeted five million. In the first phase, the province intends to announce the construction of 500,000 houses.
The plan is to handle the housing issue by involving the private sector. Land for the houses has been identified in the suburbs of Lahore near the Motorway. The houses will be built to be suited to different income slabs, including government officials, and the payment can be made in instalments.