Prime Minister Imran Khan will inaugurate a low-cost housing project under the Naya Pakistan Housing Program in Sargodha, Radio Pakistan reported on Wednesday.
A total of 1,175 houses of three marlas will be constructed at six different locations in the Sargodha district under this scheme.
About 33,528 applications have been received for this housing project and the houses will be allotted through balloting.
The Punjab government will provide land as well as other facilities for this project.
The construction work will be carried out by Frontier Works Organisation, whereas, the mortgage facility will be provided by the Bank of Punjab.
The facility will enable deserving people to pay the total amount of a house through easy installments.
Meanwhile, in a tweet, Federal Minister Chaudhry Fawad Hussain said the promise of construction of five million houses is now transforming into a reality.
He pointed out that the cement sale is currently at a record level, hoping that the journey towards development will continue.