The Punjab government’s Apni Chhat Apna Ghar programme helps 100,000 families get affordable homes. Approved by Chief Minister Maryam Nawaz Sharif, this program aims to reduce homelessness and improve living conditions for low-income families across the province.
A new revolving fund for home loans was approved, and details about implementing the Apni Chhat Apna Ghar programme (ACAG) were decided upon during the 15th provincial cabinet meeting. Let’s examine the important updates and more information.
Important Points of the Apni Chhat Apna Ghar Initiative
The program aims to construct 100,000 homes or apartments for worthy families in Punjab.
Loan Program: The first house loan ever accepted based on land ownership and a copy of the borrower’s CNIC was approved by the provincial cabinet.
Loan Amount: Up to PKR 1.5 million in loans are available to borrowers.
Repayment: PKR 14,000 per month in installments, payable over nine years.
Revolving Fund: To streamline the procedure, the lending scheme has been transformed into a revolving fund, and no further fees will be levied against the general public.
500,000 Homes in 5 Years: CM Punjab Maryam Nawaz Sharif declared the aim of creating 500,000 homes in five years.
Simple Loan Checks and Easy Access
Chief Minister Maryam Nawaz Sharif wants to make getting loans easy. She said the process should be simple, and checking people’s details like income should be relaxed to help everyone. Ministers will also watch the first loan payments to make sure everything is fair and clear.
Major City, Urban, and Rural Plans
| Plan Type | Details |
| Program Name | Apni Chhat Apna Ghar |
| Target | 100,000 affordable houses or apartments |
| Loan Amount | Up to PKR 1.5 million |
| Repayment | PKR 14,000 monthly for 9 years |
| Goal | Build 500,000 homes in 5 years |
| Rural Area Housing | Houses up to 10 marlas |
| Urban Area Housing | Houses up to 5 marlas |
| Major City Housing | Four-story flats via lottery |
| Private Housing Subsidy | Up to PKR 1 million per house |
Green Tractor Programme of the Government
The government also approved the Green Tractor Programme, which would provide small landowners with 9,500 tractors, during the cabinet meeting. Owners of up to 50 acres of land will receive a subsidy of PKR 1 million per tractor. On September 20th, the program will begin, and on October 20th, voting will take place.
Housing for Low-Income Families
One main goal of the Apni Chhat Apna Ghar programme is to help low-income families find affordable homes. The government, with help from Dr. Amjad Saqib, will give housing subsidies and promote building eco-friendly homes. This project is also expected to create millions of jobs and help the local economy grow.
Conclusion
The Apni Chhat Apna Ghar programme is a new plan by the Punjab government to help low-income families find affordable homes. Led by Chief Minister Maryam Nawaz Sharif, the goal is to build 500,000 homes in the next five years. The program offers interest-free loans that are easy to pay back. It also includes private housing schemes and subsidies to help even more people.
Frequently Asked Questions
How much loan can I get through the Apni Chhat Apna Ghar programme in Punjab?
You can get a loan of up to PKR 1.5 million to build a house.
What is the Green Tractor Programme in Punjab?
The Green Tractor Programme will give 9,500 tractors to small landowners. Each tractor will have a subsidy of PKR 1 million for those who own up to 50 acres of land.
How will I repay the loan?
The loan can be repaid in monthly installments of PKR 14,000 over a period of nine years.
What are the housing plans for different areas?
Rural Areas: Homes can be up to 10 marlas.
Urban Areas: Homes can be up to 5 marlas.
When does the Green Tractor Program start?
The program will begin on September 20th, with a lottery to determine the recipients happening on October 20th.