Housing authority to develop scheme in Karachi

In this regard, an MoU was signed between FGEHA and M/S Hammer Property in Islamabad on Wednesday

By Our Correspondent
February 01, 2024
An aerial view of a residential area. — Pexels
An aerial view of a residential area. — Pexels

ISLAMABAD: The Federal Government Employees Housing Authority (FGEHA), in collaboration with the private sector, has decided to launch an affordable housing scheme in Karachi. The housing scheme will be situated on 530 acres of land near the M-9 Motorway.

In this regard, a Memorandum of Understanding (MoU) was signed between FGEHA and M/S Hammer Property in Islamabad on Wednesday.

Director General Captain (retd) Zafar Iqbal and Executive Director of Hammer Property signed the MoU on behalf of their respective sides.