MoU signed for setting up housing society

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Staff Reporter

Peshawar

The MOU signing ceremony between Pakistan Housing Authority Foundation and Provincial Housing Authority Khyber Pakhtunkhwa was formally held at the Chief Minister Secretariat under which a comprehensive housing society will be established at an estimated cost of Rs 97 Billion. According to details, 15,500 grey structure houses of various sizes will be constructed by PHA Foundation over an area of 8500 kanals of land located in Surizai on Kohat Road, Peshawar which will be completed in 3 years time after its launching.
While briefing Chief Minister Khyber Pakhtunkhwa Mahmood Khan on the initiative, Secretary Housing department informed that the total cost of land is Rs 1.03 Billion which has already been procured whereas Rs 32 Billion will be provided by Khyber Pakhtunkhwa government for construction of boundary wall and Rs 500 Million will be provided for Mobilization. Similarly, Rs 14 Billion will be required for civil works. The housing society is located in South of Peshawar City and is located at a distance of 10 kms from N-55 Indus Highway on Main Canal Road Peshawar.
Khyber Pakhtunkhwa government will construct approx 10 kms Dual Carriageway road along both sides of irrigation canal starting from Zangali Check post to Project site.