The provincial housing authority and the central housing foundation on Wednesday formally signed an agreement to build low-cost housing in the province at an estimated cost of Rs97 billion.
The memorandum of understanding (MoU) between the Khyber-Pakhtunkhwa Housing Authority (K-PHA) and the Pakistan Housing Authority Foundation (PHAF) was signed at the K-P Chief Minister’s Secretariat.
Per the agreement, some 15,500 grey structure houses of various sizes will be constructed by PHAF spread over 8,500 kanals of land located in the Surizai area on Kohat Road, to the south of Peshawar. The project is expected to be completed within three years after its launch.
Earlier, K-P Chief Minister Mahmood Khan was briefed on the project. The housing department secretary said that the land, on which the project will be built, will cost around Rs1.03 billion. The land has already been procured for the purpose.
Moreover, the provincial government will provide Rs32 billion to construct a boundary wall around the project. A further Rs500 million will be provided for mobilization.
Similarly, Rs14 billion will be required for complete civil works for the society.
The K-P government will also build a 10 kilometre-long dual carriageway on both sides of an irrigation canal starting from the Zangali check post to the project site.
The project will comprise 31 mosques each spread over a kanal of land. A further 31 plots will be reserved for construction of schools with each plot demarcated over two kanals of land. A college spread over 10 kanals of land. Moreover, 31 dispensaries will be built, each over a kanal of land, a hospital spread over 10 kanals, 31 neighbourhood parks, each over 10 kanals and a grand park with an area of 100 kanals. A community centre with an area of 16 kanals.