Introduction
The Model Town Housing Scheme – Sargodha, spreading over an area of 410 acres, was initiated by Sargodha Improvement Trust (SIT) in 1991. SIT intends to revive/reinitiate the non-functional/dormant Residential Housing Scheme through its rehabilitation, completion of remaining development works, handing over of already allocated plots to owners and sale of leftover plots through balloting through PPP mode.
|
Location |
5-Km Lahore-Sargodha Road, Sargodha. |
|
Proposal Type |
Unsolicited Proposal |
|
Estimated Cost |
PKR 1,001 Million |
|
Construction Period |
2 Years |
|
Concerned/Sponsoring Agency |
Sargodha Development Authority |
|
Current Status |
Project proposal under review. |
Salient Features
- Project Area= 410 Acres
- Number of Plots= 3419
- PPP Modality= Build and Transfer (BT) mode
- Project Receivable= Transfer the Un-allotted plots (546 Plots) to private party
Role of Government Agency
- Handing over land to private proponent.
Role of Private Party
- Design, construction, financing and development of residential housing scheme as per originally approved site plan.
- Transfer back the MTHS to Government after completion/development of scheme.