Housing scheme approved by PHATA launched in Eminbad

LAHORE   –  Punjab Housing and Town Planning Agency (PHATA) has taken lead by initiating a private housing scheme for affordable houses as envisaged by Prime Minister Imran Khan under Naya Pakitan vision. DG PHATA and Special Secretary HUD&PHED performed the ground breaking ceremony the other day. The scheme called ‘Garden Square’ in Eminabad on Wando Road near Gujranwala is a flagship project of MAAKSONS (Pvt) Ltd., with the collaboration of Punjab Housing and Town Planning Agency (PHATA) and Bank of Punjab (BoP) to facilitate housing for all. To turn Prime Minister’s vision into reality, the Bank will provide finances to the aspirants on 10, 15, 20 years easy terms. The mark-up rate has been reduced under a special package to facilitate the needy aspirants. Five-marla and three houses will be constructed by Garden Square according to the directives of the government’s dream of encouraging low cost housing under NPHP.