Apni Chhat Apna Ghar Program’s Balloting Winner Announced: All You Need to Know

The Punjab government has taken a monumental step towards providing affordable housing to the people of Pakistan through the “Apni Chhat Apna Ghar” initiative spearheaded by Chief Minister Maryam Nawaz. This program aims to assist low-income families in owning their homes, addressing a crucial housing need for the citizens of Pakistan. The official launch took place at the Commissioner’s Office in Dera Ghazi Khan, with the presence of key officials, ministers, and other dignitaries.

Key Details of Apni Chhat Apna Ghar Program:

• Maximum loan amount: Rs. 1.5 million
• Monthly installment: Rs. 14,000
• Loan repayment period: 7 years
• Start of loan disbursement: September 15, 2024

Punjab CM Launches Apni Chhat Apna Ghar Program:

The “Apni Chhat Apna Ghar” program was officially inaugurated by Chief Minister Maryam Nawaz in Dera Ghazi Khan. This initiative is part of a larger plan by the government to enhance the housing sector and facilitate home ownership for low-income families. The substantial attendance of provincial ministers and dignitaries marked the significance of this launch towards addressing the housing crisis.

First Balloting Winner Announced:

Abdul Latif was the first beneficiary chosen through a balloting process during the program launch. He is set to receive the initial housing loan installment, commencing the loan disbursement process for other beneficiaries. By September 15, 2024, the selected individuals will start receiving the loans, enabling them to acquire or construct their homes, ensuring access to secure and reasonably priced housing.

Loan Details and Payment Plan:

Through the “Apni Chhat Apna Ghar” program, beneficiaries can secure loans up to Rs. 1.5 million for home construction or purchase. The installment plan requires a monthly payment of Rs. 14,000 over a seven-year period, specially designed for low-income families. This approach aims to aid numerous families in Punjab in realizing their dream of owning a home.

Importance of the Apni Chhat Apna Ghar Program:

In highlighting the program’s significance, Maryam Nawaz emphasized how “Apni Chhat Apna Ghar” plays a pivotal role in addressing Pakistan’s housing challenges. It stands as one of the most extensive housing projects initiated in Pakistan, tailor-made for low-income families facing hurdles in home ownership. By simplifying access to housing loans, the government takes a substantial stride towards overcoming the housing shortage and enhancing the citizens’ quality of life.

Future of Affordable Housing in Punjab:

The “Apni Chhat Apna Ghar” program marks the government’s primary effort in improving Pakistan’s housing sector. Maryam Nawaz assured a continuous endeavor to deliver affordable housing to Punjab’s residents. By concentrating on low-income families and extending financial support, the government aims to make home ownership an achievable milestone for everyone. Over the years, the program is expected to benefit numerous families across the province.

Conclusion:

The “Apni Chhat Apna Ghar” program signifies a remarkable stride towards offering affordable housing solutions in Punjab. By providing loans up to Rs. 1.5 million coupled with a feasible monthly repayment plan, low-income families now have a pathway to home ownership. This program, under the leadership of Chief Minister Maryam Nawaz, aligns with broader initiatives to elevate the housing sector and cater to Pakistan’s citizens’ needs. As more beneficiaries are identified and the program expands, it promises hope and stability to families across the province.

FAQs:

• What is the maximum loan amount under the “Apni Chhat Apna Ghar” program?
  The maximum loan amount is Rs. 1.5 million, designated for house purchase or construction.
• When will the beneficiaries start receiving the loan?
  The loan disbursement will commence from September 15, 2024, with the first installment.
• How much is the monthly installment for the loan?
  Beneficiaries are required to pay a monthly installment of Rs. 14,000 over a seven-year period.

اپنی چھت اپنا گھر پروگرام پنجاب حکومت کا ایک اہم قدم ہے جو پاکستان کے لوگوں کو معیاری مکان فراہم کرنے کی راہ میں ایک انتہائی اہم قدم ہے جس کا آغاز چیف منسٹر مریم نواز نے کیا ہے۔ یہ منصوبہ کم آمدنی والے خاندانوں کو اپنے گھروں کا مالک بنانے میں مدد کرنے کیلئے ہے، پاکستان کے شہریوں کی ایک بنیادی ضرورت کو پورا کرنے کیلئے۔