Punjab Chief Minister Maryam Nawaz announced the ‘Apni Chhat Apna Ghar’ initiative, which is a crucial step towards delivering cheap homes. This initiative is part of the government’s endeavor to address Punjab residents’ housing requirements by providing accessible and high-quality dwelling.
Advantages of the Scheme
- Interest-Free Loan: PKR 15 lakh loan to purchase plots.
- Grace Period: Three months without payments.
- Affordable Installments: Monthly payments as low as PKR 14,000.
- Solar Energy: Future launch of Pakistan’s largest solar program to reduce electricity bills.
| Feature | Details |
| Loan Amount | PKR 15 lakh |
| Grace Period | Three months without payments |
| Monthly Installment | PKR 14,000 |
| Solar Program | Scheduled for next year, aims to reduce/eliminate electricity bills |
Key Features of the ‘Apni Chhat Apna Ghar’ Scheme
The ‘Apni Chhat Apna Ghar’ initiative aims to be a game changer in the housing market. One of the most notable benefits is the availability of an interest-free loan of PKR 15 lakh. This loan is intended to help applicants purchase 5 marla plots in urban areas and 10 marla plots in rural areas. To alleviate the financial load, the system includes a three-month grace period during which no payments are due. This tool allows users to better manage their money while acquiring their dream property.
Furthermore, the scheme is really economical. The Chief Minister declared that the monthly loan amount would be fixed at an affordable PKR 14,000, making it possible for a large portion of the populace to acquire a property. Furthermore, as part of its larger aim for sustainable living, the government intends to begin Pakistan’s largest solar program next year. This program is expected to drastically cut, if not eliminate, electricity expenditures for inhabitants of these dwellings, hence increasing the affordability of this housing development.
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How to Apply for the ‘Apni Chhat Apna Ghar’ Scheme
Applying for the ‘Apni Chhat Apna Ghar’ plan is simple thanks to the recently built online portal (acag.punjab.gov.pk). This platform makes the application process more accessible and convenient, encouraging more people to take advantage of this opportunity. A helpline (0800-09100) has been established to provide citizens with any extra information they may require.
Housing Details
The dwellings built under this program are intended to provide comfortable living spaces. Each home will have two bedrooms, a TV lounge, a bathroom, and a spacious kitchen. These homes are being built in all major cities across Punjab, ensuring that the scheme’s benefits reach the greatest number of individuals.
FAQs
What is the ‘Apni Chhat Apna Ghar’ scheme?
It is a housing initiative by the Punjab government to provide affordable homes with interest-free loans.
Who can apply for this scheme?
Any citizen of Punjab can apply through the online portal.
What are the loan terms?
The scheme offers a PKR 15 lakh loan with a three-month grace period and a monthly installment of PKR 14,000.
How can I apply?
Applications can be submitted online at acag.punjab.gov.pk, and further information is available via the helpline 0800-09100.