Punjab CM Maryam Nawaz Approves 34.73 Billion Surplus Budget and Launches Apni Chhat Apna Ghar Program

99th PHATA Governing Body Meeting Under CM Maryam Nawaz

Breaking News: The 99th meeting of the governing body of Punjab Housing and Town Planning Agency (FATA) was chaired by Chief Minister Punjab Maryam Nawaz. This important meeting focused on important housing initiatives and budget approvals for the financial year 2024-2025.

Several important decisions were taken to meet the housing needs of the people, especially those registered under various housing schemes like the Apni Chhat Apna Ghar Program. Its objective is to ensure affordable housing and timely implementation of housing projects across Punjab.

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Approval of 34.73 Billion Surplus Budget for 2024-2025

In the meeting, an additional budget of 34 billion 73 crore rupees was approved for the current financial year. The approval of this budget is an important step towards increasing the housing sector in Punjab. These funds will be used to complete ongoing housing projects, launch new schemes and ensure transparency in disbursement of funds. The approval was given with the condition that approval of future budgets would be subject to ratification by the FATA governing body, thereby streamlining the decision-making process.

Punjab CM Maryam Nawaz Approves 34.73 Billion Surplus Budget and Launches Apni Chhat Apna Ghar Program

Private Partnership Plan for Housing Projects in Punjab

Chief Minister Maryam Nawaz emphasized the need for the involvement of the private sector to complete the housing projects in an efficient manner. He asked PHATA to prepare a comprehensive plan that would encourage private participation in the completion of housing projects. This approach is expected to speed up the construction process and ensure that the necessary infrastructure is developed to meet the growing demand for affordable housing in Punjab.

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Apna Chhat Apna Ghar Program: 5.44 Lakh People Registered

During the meeting, it was revealed that the Apni Chhat Apna Ghar Program has gained considerable momentum, with 5.44 lakh people already registered on the portal. The objective of this program is to provide affordable housing to people across Punjab.

Out of those registered, 2.8 lakh applications have been submitted for construction of houses, while more than 76,000 applications are still in draft status. This high number of registrations highlights the public interest and the government’s commitment to address the housing crisis in the province.

Phata Allowed to Sign Agreements for Housing Projects

The governing body also allowed PHATA to sign contracts for future housing projects. This decision enables PHATA to proceed with formal agreements ensuring timely commencement of construction work. Chief Minister Maryam Nawaz directed that the process of verification of applicants should be done in a fast and transparent manner.

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To ensure that only eligible beneficiaries are given accommodation. Additionally, PHATA has been allowed to hire staff through the job portal to meet the demands of ongoing and future housing projects.

These initiatives collectively demonstrate the Punjab Government’s commitment to improve living conditions for its people by promoting collective participation. Ensuring fiscal discipline and promoting transparency in all processes.

Registration Procedure for the 15 lakh Loan

If you want to benefit from this Rs. 15 lakh loan scheme, you need to register online. Here’s a simple step-by-step guide to help you with the registration process:

  1. Prepare the Required Documents: Collect necessary documents like your CNIC (Computerized National Identity Card), property details, phone number, and email address.
  2. Visit the Official Website: Go to the Apni Chhat Apna Ghar Scheme portal at acag.punjab.gov.pk.
  3. Create an Account: If you’re a new user, select the option to create an account. You will need to enter details like your CNIC number, phone number, email address, password, and home address.
  4. Log In: After creating your account, log in using your CNIC and password.
  5. Agree to Terms and Conditions: Read the terms and conditions carefully, then agree to them by selecting the appropriate option.
  6. Fill Out the Application Form: Complete the form with your details, such as your name, property information, CNIC number, phone number, and address. Be sure to upload a passport-sized photo.
  7. Upload Documents: Upload copies of your CNIC (both front and back) and proof of property ownership.
  8. Submit Feedback: At the end of the application, provide feedback and submit your form.

Once your application is submitted, it will be reviewed by the Punjab government. If you meet the eligibility requirements, you will receive an interest-free loan of Rs. 15 lakhs on the designated date.

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Conclusion

In the 99th FATA Governing Body meeting presided over by Chief Minister Maryam Nawaz, important progress was made in the housing sector of Punjab in which an additional budget of 2000 billion rupees was approved. 34.73 billion. Emphasis on public-private partnerships is aimed at accelerating housing projects and providing affordable housing to the masses, particularly through the Apna Chhat, Apna Ghar programme.

With over 5.44 lakh people registered and ongoing efforts to streamline the verification and construction process, these initiatives are poised to effectively meet the housing needs of the citizens of Punjab. Additionally, Rs. 15 lakh loan scheme provides further assistance to home builders. These steps indicate the commitment of the Punjab government to improve living conditions and ensure transparency in all processes.


By Admin