{"id":1304,"date":"2020-12-18T06:22:30","date_gmt":"2020-12-18T06:22:30","guid":{"rendered":"https:\/\/www.sirmaya.com\/blog\/?p=1304"},"modified":"2020-12-18T06:22:32","modified_gmt":"2020-12-18T06:22:32","slug":"naya-pakistan-housing-project-starting-soon-in-lahore","status":"publish","type":"post","link":"https:\/\/www.sirmaya.com\/blog\/naya-pakistan-housing-project-starting-soon-in-lahore\/","title":{"rendered":"Naya Pakistan Housing Project&#8217; Starting Soon in Lahore"},"content":{"rendered":"<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 11,492<\/span><span class='epvc-label'> Views<\/span><\/div>\n<p><strong>Lahore<\/strong>: Punjab Prime Minister Osman Buzdar announced that the &#8220;Naya Pakistan Housing Project&#8221; will soon begin in the provincial capital.<\/p>\n\n\n\n<p>The initiative will be taken to build 35,000 apartments with affordable installment plans for low-income segments of the population.<\/p>\n\n\n\n<p>Housing Minister Mian Mahmoud-ur-Rashid had previously announced that Prime Minister Imran Khan was to hold a ground-breaking ceremony on December 25, 2020.<\/p>\n\n\n\n<p>To further revitalize construction activities, the provincial government has made major changes to the functions of the LDA (Lahore Development Authority), which has allowed developers and builders to obtain no-objection certificates (NOC) from the authority. In addition, the authority was instructed to approve housing plans within 60 days.<\/p>\n\n\n\n<p>The Minister of Housing also highlighted the plight of low-income groups, in terms of the earlier unavailability of low-cost housing finance.<\/p>\n\n\n\n<p>To stimulate financing for low-cost housing, the State Bank of Pakistan (SBP) has directed all banks to allocate at least 5% of their loans to the housing sector, among other incentives for both banks and low-income groups.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>11,492 Views Lahore: Punjab Prime Minister Osman Buzdar announced that the &#8220;Naya Pakistan Housing Project&#8221; will soon begin in the provincial capital. The initiative will be taken to build 35,000 &hellip; <\/p>\n","protected":false},"author":9,"featured_media":1305,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[9,19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Naya Pakistan Housing Project&#039; Starting Soon in Lahore | Sirmaya Blog<\/title>\n<meta name=\"description\" content=\"Punjab Prime Minister Osman Buzdar announced that the &quot;Naya Pakistan Housing Project&quot; will soon begin in the provincial capital, Lahore.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sirmaya.com\/blog\/naya-pakistan-housing-project-starting-soon-in-lahore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Naya Pakistan Housing Project&#039; 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