CM Punjab has officially lunched the Apni Chat Apna Ghar Scheme 2024 in Punjab

The Chief Minister of Punjab discusses the “Apni Chat Apna Ghar Scheme” in Punjab. You are well aware that it is becoming more difficult to construct your own house due to the fact that the times are changing and the requirements are also changing. Considering how high the requirements are, it is impossible for someone who comes from the lower middle class to fulfill them. Those who are interested in constructing a home will find that the expenses are through the sky, and the payments are also too costly for the majority of individuals.

Objective of Apni Chat Apna Ghar Scheme

In light of this circumstance, Maryam Nawaz, the Chief Minister of Punjab, initiated the Apni Chat Apna Ghar Scheme with the intention of assisting individuals in acquiring houses by providing them with low-cost down payments and payments that are spread out over some time.  

Apni Chat Apna Ghar Scheme

As part of a housing initiative known as the Apni Chat Apna Ghar Scheme, the government of Punjab intended to construct one million dwellings in each of the six largest cities in the province. There is a price tag of 15 lac Pakistani dollars attached to each residence. The “Roshan Gharana Scheme,” which is another scheme that Chief Minister Maryam Nawaz initiated to assist individuals in acquiring solar panels, has also begun in the province of Punjab.

Apni Chat Apna Ghar Scheme Subsidy

The Punjab government has decided first to request a down payment of forty percent from the beneficiary and then to provide a grant of sixty percent. This indicates that those who are interested in participating in the Apni Chat Apna Ghar Scheme will be required to make a down payment of forty percent spread out over five years in reasonable payments.

Apni Chat Apna Ghar Cities

You may see a list of the five major cities in Punjab that the government has selected to construct one million houses in Lahore Faisalabad, Multan, Sargodha and Rawalpindi.

Apni Chat Apna Ghar Project Initial Phase

 These one-lac dwellings(houses) will be constructed in phases, each of which will be distinct from the others. As part of the first phase, the construction of five thousand homes is now underway in Lahore, close to the Raiwind Road. It is planned to construct an additional three thousand homes in various locations in order to guarantee that everyone has the same opportunities.

Eligibility Criteria

People must be residents of Punjab and hail from low-income households in order to qualify for assistance from the Apni Chat Apna Ghar Scheme. This means that their yearly income must be less than 60,000 Pakistani rupees. The public will not be allowed to participate in the Apni chat Apna ghar scheme if these conditions are not satisfied.

Apni Chat Apna Ghar Instalment Plan

The down payment that a person is required to make for the Apni Chat Apna Ghar housing plan is merely forty percent of the entire cost, provided that they are accepted into the program. The first payment will be six lac rupees, given that the whole price is fifteen lac rupees overall.
To accommodate those who have applied, a payment plan that is both simple and affordable has been established. An initial payment of 26,000 Pakistani rupees is required, and the remaining forty percent of the down payment must be paid within five years.

Conceptualization of the Apni Chat Apna Ghar Scheme

The government of Punjab, which Chief Minister Maryam Nawaz heads, committed that the Apna Ghar Scheme Subsidy payments would be affordable for those with low incomes. Additionally, the government pledged that the quality of the construction of the homes would be of the highest possible grade in order to exceed the expectations of the government.
The model homes will also be constructed within six weeks in order to demonstrate to the beneficiaries the floor plans of the houses, both on the inside and outside.

FAQs

Conclusion

To summarize, the plan that the Chief Minister has devised to construct homes is intended to assist disadvantaged individuals who are struggling more than others due to the fact that they are unable to afford to construct their own homes as a result of rising inflation. By providing a reimbursement of sixty percent, the government of Punjab made things simpler. At this time, individuals are only required to pay forty percent of the entire sum, which is one and a half million rupees spread out over five years. As part of the project, the quality and security of the residences that were going to be constructed were also taken into consideration.