Lahore: The Punjab government recently approved the Naya Pakistan Housing Programme (NPHP) Ordinance 2020 that features a ‘historic’ relief package for developers of private housing schemes, a news source reported on November 8.
As per the details available, developers can now earmark 20 plots within their housing schemes for the development of low-cost housing units. This will provide them with immunity from having to apply for building approvals and NOC issuance. The ordinance also made it mandatory for developers of low-cost housing schemes to handover 20% of their total plot inventory to the Punjab Housing and Town Planning Agency (PHATA).
Read: PHATA shares NPHP Rawalpindi payment plan details
The ordinance further specifies that any developer can establish a low-cost housing scheme in the areas under the control of PHATHA, if they in turn provide 20 housing units within their own societies to the authority. This measure also comes with a guarantee that NOCs and all related-approvals will be issued to such a housing scheme on a priority basis.