The Chief Minister of Punjab, Maryam Nawaz Sharif, recently introduced a new housing scheme named “Apna Chat Apna Ghar,” which translates to “Our Roof, Our House.” This scheme is designed to help people build their own homes by providing interest-free loans. The government understands the importance of having a place to call home, and this initiative aims to support those who do not have their own house. The program is specifically targeted towards individuals who own small pieces of land but lack the financial resources to build a house.
| Key Details | Information |
| Scheme Name | Apna Chhat Apna Ghar |
| Loan Amount | Rs1.5 million |
| Eligible Land Size (Urban) | 1-5 Marlas |
| Eligible Land Size (Rural) | 1-10 Marlas |
Contents
Who Can Benefit from the Scheme?
The Apna Chhat Apna Ghar scheme is aimed at landowners in Punjab, both in urban and rural areas. If you own 1 to 5 marlas of land in a city or 1 to 10 marlas in a village, you can apply for this scheme. The Punjab government will offer you an interest-free loan of Rs1.5 million to help you build your house.
This initiative is a great opportunity for small landowners who have always dreamed of having their own home but could not afford the construction costs. It’s a step towards reducing homelessness and improving living conditions for many families across the province.
Loan Details and Payment Structure
The loan provided under the Apna Chhat Apna Ghar scheme is interest-free, making it easier for people to repay without the burden of additional costs. The total amount of Rs1.5 million can be used to construct a house on your land. Here are some key points about the loan structure:
- The loan is for seven years.
- No payments are required for the first three months.
- After three months, a monthly installment of Rs14,000 needs to be paid.
The Chief Minister emphasized that the Rs14,000 monthly payment is kept low to ensure that families can manage their household expenses along with the loan repayment. This amount is designed to be affordable, considering the various other expenses a household has, like children’s school fees, utility bills, and basic needs.
You may also read: Eligibility Criteria for Apni Chat Apna Ghar Scheme in 2024
How to Apply for the Program?
Applying for the Apna Chaat Apna Ghar scheme is very easy. The Punjab Information Technology Board (PITB) has set up an online portal where interested individuals can fill out an application form. The process is designed to be user-friendly, but for those who are not familiar with using the internet, the government has provided a helpline.
You can call 080009100 for assistance with the application process. This dual approach ensures that everyone, regardless of their familiarity with technology, has the chance to apply and benefit from this scheme.
CM Reviews and Future Plans for the Scheme
Chief Minister Maryam Nawaz Sharif has actively reviewed the progress of the Apna Chhat Apna Ghar project, which includes the construction of 100,000 houses under this scheme. This is just the beginning, as the government aims to expand the program to help more people in the future.
The CM’s focus is on ensuring that the loan process is smooth and that the construction of houses proceeds efficiently. This proactive approach by the government shows their commitment to solving the housing problems in Punjab and making sure that every family has a safe and comfortable place to live.
You may also read: Apni Chat Apna Ghar Scheme 2024 (Registration Procedure)
Conclusion
The Apna Chhat Apna Ghar scheme is a significant step towards providing affordable housing for the people of Punjab. By offering interest-free loans and an easy repayment plan, the government is helping many families achieve the dream of owning a home. This initiative not only supports the construction of new houses but also contributes to the overall development and well-being of the community. With continued efforts and the right support, this scheme has the potential to transform the housing landscape in Punjab.
FAQs
What is the loan amount and repayment structure?
The loan amount is Rs 1.5 million, to be repaid over seven years. The first three months are payment-free, followed by a Rs14,000 monthly installment.
How many houses will be built under this program in 2024?
The initial plan includes the construction of 100,000 houses, with future expansions based on the scheme’s success.
I need loan Rs1.5 millions from house
My place 10 marals