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◕ SundialUpdated 1 day ago
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Pakistan

Green Enclave-I Housing Project to Be Completed Within 18 Months

Development work on Green Enclave-I is expected to be completed within 18 months, as assured by the project’s joint venture partner.

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Green Enclave-I Housing Project to Be Completed Within 18 Months
Members of the Green Enclave-I housing society await the completion of their project.

Key Takeaways

  • Development work on Green Enclave-I is expected to be completed within 18 months.
  • A third-party assessment found that 52% of the work has been completed so far.
  • The project’s cost has significantly increased due to prolonged delays.

The Senate Standing Committee on Housing and Works was informed that development work on the long-delayed Green Enclave-I housing project in Islamabad is expected to be completed within 18 months, according to Dr. Hafeez Abbasi, the project’s joint venture (JV) partner.

The committee, chaired by Senator Nasir Mehmood, reviewed the project’s prolonged delay and the difficulties faced by thousands of allottees. Despite the project receiving legal clearance after the Supreme Court quashed a National Accountability Bureau (NAB) inquiry in 2018, the delay has significantly increased the project’s cost.

Dr. Abbasi assured the committee that negotiations between FGEHA and the JV partner have now concluded, and approval of the increased project cost remains pending before the FGEHA Executive Board, which is scheduled to consider the matter on September 9.

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The committee ordered quarterly site visits to monitor progress and directed FGEHA to provide a copy of the new agreement with the JV partner. The committee was also informed that authorities had cleared more than 60% of encroachments in FGEHA schemes and recovered around 3,000 kanals of encroached land in Islamabad.

Members of the committee expressed concern over the years-long delay, which has affected thousands of allottees. The delay has not only caused frustration but also significantly increased the project’s cost, according to a third-party assessment that found payments released so far corresponded to around 52% of the work completed.

The project’s completion within 18 months, once the required approvals are secured, is seen as a positive development for the members of the housing society. However, the committee’s directive for quarterly site visits and the pending approval of the increased project cost indicate that the project’s progress will continue to be closely monitored.

The committee’s efforts to ensure transparency and accountability in the project’s execution are aimed at addressing the concerns of the allottees and ensuring that the project is completed in a timely and efficient manner.

Development work on the long-delayed Green Enclave-I housing project is expected to be completed within 18 months.

Dr. Hafeez Abbasi, Project joint venture (JV) partner