Lack of homework is breathtaking in housing in this government. This despite the fact that weekly meetings are being held with SBP, NAPHDA and heads of commercial banks for Naya Pakistan Housing.

I present to you tweet by the Education Minister of Punjab https://twitter.com/DrMuradPTI/status/1298492245960777728?s=20
Dr. Sb who is Minister of Education ka thorha sa background https://twitter.com/NihariFan/status/1017027500646559744?s=20
Tweet from someone who has been offered this fabulous opportunity https://twitter.com/RoshniSadia/status/1298618830218985473
FGEHA website is ugly with respect to this project. This is how it opens on my screen
Lekin aap ka bhai dedicated hai. Located the prices of the units, which start from Rs. 66 lac for government employees. General public k liay Rs.78 lac say start hoti hai. This is tentative. Will only go up from here.
http://www.fgeha.gov.pk/wp-content/uploads/2020/08/Membership-Form-for-FGEHA-Heights-Multan-Road-Lahore-for-FG-Prov-GP.pdf
Faysal Bank's recently announced policy for low to middle-income housing i.e. Naya Pakistan Housing, max price of house that can be purchased is Rs. 60 lac with max mortgage of Rs. 50 lac. I presume other banks will have similar policies
Lowest-priced units do not qualify for mortgages from Faysal Bank under its policy. Bank of Punjab hi reh jata hai mortgages k liay

For the sake of argument, assume Faysal bank stretches itself to include lowest-priced units in its Tier 3 i.e. 15% downpayment and 8% blended rate
Monthly installment starts at Rs. 68K for a 10-year mortgage and Rs.47K for a 20-year mortgage (assuming an 8% mortgage rate throughout despite the Bank saying it will be market-rate after 10 years).

10 lac ki downpayment is ke ilawa
For completeness' sake, let's do the calculation for the general public if offered the same rates by Faysal Bank. Monthly installment of Rs.81K for 10 years or Rs.56K for 20 years.
But I do not know about Lahore. Maybe it is bang for the buck to dish out Rs.66 lakh for a 670SF apartment at Multan Road Lahore. Also I do not know how much govt teachers get paid i.e. downpayment and installments may be within their reach, and this thread was for naught
Thank you to the people who sent me the education minister's tweet. You know who you are.
Got the salary slip. Salary say double instalment. Degree mill say doctorate education minister ko shayad pata nahin ke un k department mein logon ki aamadni kia hai. https://twitter.com/bol_bolnew/status/1298625614749077505?s=21
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