Punjab Chief Minister Maryam Nawaz On August 21, 2024, announced the launch of ‘Apni Chhat Apna Ghar Program’ in the province in which loans of Rs.15 lakh will be provided to people for construction of houses.
Government Punjab Three models will be introduced under this program, one of which has been launched.
Model One and Model Two are yet to be launched but the paperwork for these models has been completed.
Model One:
Under Model One, houses or apartments will be built by developers on government land.
Developers own the house construction They will also be responsible for providing roads and other facilities.
In return for government land, the developers will bear the cost of construction of all houses and other facilities.
The price and installments of these houses will be fixed by the government while no subsidy will be given by the government.
Model Two:
Under this model, houses will be developed in private housing societies.
The Punjab government will streamline the approval process by implementing a one-window mechanism, ensuring that timelines for issuance of NOCs from each department are strictly adhered to.
The developer will provide affordable housing of size, design and price as determined by the Punjab Housing and Town Planning Agency.
After receipt of down payment from the allottee and subsidy of Rs.1 million from the government, the possession of the constructed units will be handed over by the developer to the allottee.
The house amount will be paid to the developer in monthly installments over five years.
Model Three:
This model has been launched and under it, the citizens of Punjab will be provided with interest-free loans of Rs.15 lakh, which will be repaid over a period of seven years.
This amount will be received by the government in installments.
Loan Eligibility:
Citizen borrower should be head of family as per NADRA record and permanent citizen of Punjab as per identity card.
This section contains related reference points (Related Nodes field).
The applicant should be the sole owner of five marla or less land in urban areas and up to 10 marla land in rural areas.
The applicant should not have a criminal record such as conviction for anti-state, anti-social activities and heinous crimes etc.
Applicant should not be in default of any financial institution/bank etc.
The applicant must be registered with the National Socio-Economic Registry.
Can a house be built in 15 lakhs?
The price of home building materials may vary in different regions. Similarly, the types and quality of this material are also different which are called A, B and C category.
There is a feature on zeamin.com to estimate the construction of houses.
Independent Urdu tried to find out how much it costs to build a three-marla house in Lahore.
Independent Urdu has selected three marles of house construction and construction area of 1,215 square feet which includes one room, one washroom, one kitchen, one living room and one drawing room.
The total estimate for the construction of this house is 57 lakh 14 thousand according to Zameen.com, in which 26 lakh 69 thousand will be spent on gray structure, and 24 lakh 43 thousand on finishing.
The cost of labor for the construction of this house can be up to six lakhs.
If this cost is further broken down, there is an expenditure of 26 lakh 48 thousand on foundations and structure, in which 15 lakh 45 thousand can be spent on bricks, cement, gravel. The cost of labor may be 492,000.
It is estimated to spend 524 thousand on plumbing, 621 thousand on electrical work, 17 lakh 58 thousand on woodwork and 163 thousand on kitchen and washroom.
#Apna #Chhat #Apna #Ghar #Scheme #house #built #lakh
2024-08-29 10:02:50
