LAHORE – “Apni Chhat Apna Ghar” Program is a special initiative of Punjab Chief Minister Maryam Nawaz as it aims to provide 100,000 affordable houses to eligible residents in all areas of the province, marking a significant development in Punjab’s housing sector.
The initiative will facilitate low-income segments of society currently residing either in rented buildings or in informal settings to have their own houses. This program will deliver 100,000 affordable houses across the province within four and a half years with 03 Execution Models.
Under this model, interest free loans or financing for house construction will be provided. A Revolving fund will be established to provide interest-free loans for the construction of houses to eligible beneficiaries with following conditions:
He / She is a resident of Punjab with residential plot of up to 5 marlas in urban areas and up to 10 marlas in rural areas.
He/ She can apply for the interest-free loan through ACAG’s website: www.acag.punjab.gov.pk online portal.
Maximum Loan amount will be Rs1.5 million.
The loan tenure will be 7 years with easy monthly installments.
Amount will be disbursed in tranches to beneficiaries.
The revolving fund will continue to revolve, after receiving back installments of interest free loans from the beneficiaries.
Per month installment will be Rs14,000.
District Wise Quota of Loans
Following is the list of the district wise quota of loans under Apni Chhat Apna Ghar Programme:
