PM Launches Rs3.2 Trillion ‘Apna Ghar’ Scheme to Build 500,000 Houses

Prime Minister Shehbaz Sharif has launched a major housing initiative aimed at helping low-income families own homes through an affordable financing program.

The multi-year scheme plans to support the construction of hundreds of thousands of houses across the country, making housing more accessible for those who cannot afford to build on their own.

Officials say the program is designed not only to address housing shortages but also to boost economic activity by creating jobs in construction and related industries.

The initiative will be implemented nationwide, covering all provinces as well as other regions, ensuring wider access to its benefits.

Under the plan, eligible applicants will be offered financial support through banks on easier terms, enabling them to build houses within specified limits.

The repayment structure is spread over a long period to make it manageable for lower-income households.

The government has set initial targets for the first phase, with further expansion planned over the coming years.

Authorities emphasized that strict monitoring will be carried out to ensure transparency and timely implementation of the scheme.

The banking sector has also been encouraged to actively participate in supporting the initiative and facilitating applicants.

Conclusion

The housing program is expected to provide relief to thousands of families while contributing to economic growth and development.

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