Housing Ministry receives Rs23.235b from members desiring plots
ISLAMABAD: Ministry of Housing and Works has received around Rs 23.235 billion from the eligible members who had shown their consent to get residential plots in multiple residential schemes in the federal capital during last ten years.
The Federal Government Employees Housing Authority (FGEHA) had issued consent letters to its members for the housing schemes including Green Enclave-I, Green Enclave-II, Thallian Scheme, housing scheme in sector F-14 and F-15 and Park Road Housing Scheme, according to the official documents.
The authority had received Rs1,075,826,328 from the members of Bhara Kahu (GE-I), Rs 6,016,790,090 from Bhara Kahu (GE-II), Rs 11,880,000,000 from Sector F-14 and F-15, Rs 2,462,657,453 from Thallian and Rs 1,800,000,000 from Park Road.
The development work has already started in Green Enclave-I housing scheme where the plots would be handed over to the allottees after the development work was over.
Regarding Green Enclave-II, the joint venture partner could not provide land which resulted in the termination of the contract. Later, a joint venture agreement on land sharing basis was concluded with another land provider and developer, adjacent to the scheme in October, 2019. - APP