ISLAMABAD: Executive committee of Federal Government Employee’s
Housin
g Found
ation has approved the purchase of 20,000 kanal l
and for extension in Bhara Kahu
Housing Scheme (BKHS) under joint venture formula.
Sources privy to the development said that the approval was accorded during a meeting held under
Housing and Works Secretary Shahrukh Arbab.
All members of the executive committee along with housing found
ation directors attended the meeting. The executive committee jointly approved the purchasing of land at the cost of Rs 4,00,000 per kanal in Bhara Kahu under a joint venture policy approved by the feder
al cabinet.
Rs 25,00,000 per kanal on account of development expenses were approved with the cost of one kanal being 290,000.
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