The Apna Ghar Apni Chat Scheme is a significant housing initiative introduced by the Punjab government. This scheme allows residents to apply for interest-free loans to build their own homes, making it easier for low-income families to achieve homeownership. Since the program began, it has received an overwhelming response, with thousands of applications submitted by people eager to secure financial assistance for building their homes.
| Aspect | Details |
| Loan Amount | 15 lakh PKR |
| Monthly Installment | 14,000 PKR |
| Repayment Term | 7 years |
| Interest Rate | Zero |
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15,000 Applications for Apna Ghar Apni Chat Scheme
According to the latest update from the Punjab government, more than 15,000 applications have been received for the AGAC Interest-Free Loan under the Apna Ghar Apni Chat Scheme. This initiative is open to residents across Punjab, and the response so far has been incredibly positive. For those who haven’t applied yet, the process is simple, and you can apply online through the official portal or visit the designated registration office.
Details of the 15,000 Applications
Out of the 15,000 applications, 657 residents from Gujranwala were selected in the first phase to receive loans. A total of 2,628 city residents will benefit from the scheme across four phases. The program focuses on both urban and rural areas, aiming to provide housing solutions for a wide range of communities in Punjab. This initiative promises to address housing shortages and provide families with an opportunity to own a home.
Key Features of the Apna Ghar Apni Chat Scheme
The Apna Ghar Apni Chat Scheme offers several key features to make homeownership more affordable:
- Reasonable Payment Plans: The program provides low-income families with affordable payment plans. The Punjab government offers a 60% subsidy on each housing unit, meaning only 40% of the total cost needs to be paid over five years.
- Quality Assurance: The houses are built to meet high sustainability and building standards, ensuring long-lasting and eco-friendly homes.
- Model Houses: Model homes will be constructed within six weeks to give families a preview of what the housing units will look like.
Target Areas for the Punjab Housing Scheme
The Apna Ghar Apni Chat Scheme targets both urban and rural residents in Punjab:
- Rural Areas: Interest-free loans are available for up to 10 marla plots, allowing rural families to build their homes on spacious plots of land.
- Urban Areas: In urban centers, the scheme includes 4-story apartment buildings on public land and 3-5 marla houses in private projects. The government offers subsidies of up to 10 lakh PKR for each home in these private developments.
How to Apply for the Punjab Housing Program 2024
To apply for the AGAC Interest-Free Loan, follow these steps:
- Visit the official website at https://acag.punjab.gov.pk/.
- Click the “Register” button at the top left of the website.
- Complete the online application form with accurate details.
- Submit the form to complete your registration.
Alternatively, you can apply by calling the toll-free number 080009100 or through the Punjab Information Technology Board (PITB) portal.
Who Can Apply for the AGAC Housing Scheme 2024?
Applicants must meet the following criteria to apply for the Apna Ghar Apni Chat Scheme:
- Must be the head of the family, as per NADRA records.
- Must be a permanent resident of Punjab, based on CNIC.
- Must own land up to 5 marla in urban areas or 10 marla in rural areas at the time of application.
- Must not have a criminal record or be a loan defaulter.
- Must be registered with the National Socio-Economic Registry (NSER) and have a PMT score of 60 or below.
Also Read: New Housing and Agricultural Subsidy Programs Approved by Maryam Nawaz
Conclusion
The Apna Ghar Apni Chat Scheme has seen an incredible response from the public, with over 15,000 applications for interest-free loans already submitted. This program offers a practical solution for low-income families to become homeowners, with flexible repayment plans and substantial subsidies. As the scheme continues to roll out across different districts, it is expected to help thousands of families realize their dream of owning a home, providing stability and security for the future.
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