The Apni Chhat Apna Ghar programme, approved by the Punjab cabinet, is aimed at providing 100,000 affordable houses or apartments to eligible families across the province. This project is part of the government’s effort to make home ownership easier for low-income families. The housing loan will be granted based on plot ownership and a CNIC copy. Borrowers can receive up to Rs 1.5 million in loans, with a monthly installment of Rs 14,000 over nine years.
| Scheme Details | Information |
| Loan Amount | Rs 1.5 million |
| Monthly Installment | Rs 14,000 for 9 years |
| Number of Houses | 100,000 |
| Target Completion | 5 years |
Contents
Interest-Free Housing Loans
The Apni Chhat Apna Ghar programme will provide interest-free loans, making it the first major housing project in Pakistan’s history to do so. This loan system has been converted into a revolving fund, meaning no additional charges will be applied to the borrowers. The aim is to create ease for people by simplifying the process for obtaining loans. This includes reducing the complexity of checking social, economic, and income details for applicants.
Housing Loan for Rural and Urban Areas
In rural areas, loans up to Rs 1.5 million will be provided for houses up to 10 marlas. For urban areas, the same amount will be available for houses up to 5 marlas. Borrowers will repay the loan in monthly installments of Rs 14,000. This scheme covers both rural and urban regions to ensure that people across Punjab benefit from this housing project. It aims to reduce homelessness and improve living standards for vulnerable families.
Flats for Major Cities
In major cities, the government plans to build four-story flats on government land. These flats will be allocated through a lottery system and provided on easy installments. The construction of these flats will help address housing shortages in larger cities, offering affordable housing options to low-income families. This initiative will also ensure that people in cities have access to sustainable and eco-friendly homes.
- Loans up to Rs 1.5 million for rural and urban areas
- Monthly installments of Rs 14,000
- Flats for major cities with a lottery system
- Government subsidy of up to Rs 1 million per house
Government Support and Employment Opportunities
The government is offering subsidies of up to Rs 1 million per house through private housing schemes. This financial support is aimed at making housing more affordable for low-income families. In addition to providing homes, the Apni Chhat Apna Ghar programme is expected to create employment opportunities for millions of people. The construction of houses and flats will generate jobs, contributing to economic growth in the province.
Also Read: Apni Chhat Apna Ghar Scheme: Affordable Installment Plan
Conclusion
The Apni Chhat Apna Ghar programme is a significant step towards improving living standards and reducing homelessness in Punjab. By providing interest-free loans and subsidies, the government is making home ownership more accessible for vulnerable families. With a goal of building 500,000 houses in five years, this ambitious project will have a lasting impact on the lives of many people, offering them a chance to own their homes and improve their quality of life.