Punjab Chief Minister Maryam Nawaz Sharif inaugurates the government’s Apna Chhat Apna Ghar housing initiative on Wednesday, less than a week after her government unveiled plans for an electricity subsidy in Punjab, which sparked concern among coalition members.
The Punjab Government will provide interest-free loans of up to Rs1.5 million to owners of 1–5 marlas of land in urban areas and 1–10 marlas in rural regions so they may construct homes, the chief minister said during a ceremony.
“Landowners will not pay a single paisa for the first three months,” the chief minister declared.
CM Maryam said, “There’s no place like home. Those who are sheltered by a roof and own a house are unaware of what it’s like to be homeless.”
The loan’s terms were explained by the chief minister. It would take seven years to repay. “Those who take the loans are required to pay a maximum monthly instalment of Rs14,000,” the chief minister stated, adding that there was no need to pay for the first three months.
“I have set the installments at Rs 14,000 because people need to set up a monthly budget, buy food and medicine, and pay their utility bills and children’s school fees,” she explained.
CM Maryam reiterated her administration’s commitment to provide assistance to the people of Punjab by mentioning the lower power costs for those consuming 200–500 units monthly for the months of August and September.
She went on to say that the package has no additional fees or hidden expenditures. Maryam said, “This is why we didn’t involve banks. We aimed to prevent unforeseen expenses.”
The chief minister stated, “You can fill out an online application on the PITB online portal,” outlining how interested persons might apply for the program. We have provided 080009100 as a number for those who are not as tech-savvy.
She stated, “Call and your local DC office will provide you with information on the scheme,” adding that her goal is to roll out this system in all of Punjab’s main cities.
According to the chief minister, each of the residences under the plan would include two bedrooms, a TV lounge, a bathroom, and a kitchen that is “of a decent standard.”
