Government Proposes Free Construction Materials, Rs 75,000 Grant for First-Time Homebuilders
Summary
The government has proposed free local construction materials for first-time homebuilders without safe housing, along with a Rs 75,000 grant for extremely poor and economically vulnerable families. The Building Bill, 2083 also outlines technical support, waived permit fees, concessional loans and incentives for earthquake-resistant smart homes.
Key Points
- The proposed Building Bill, 2083 would provide free locally available construction materials to eligible first-time homebuilders without safe housing.
- Extremely poor and economically vulnerable families could receive at least Rs 75,000 in housing assistance through federal and provincial support.
- The bill also proposes waived building permit fees, technical consultation, concessional loans and incentives for earthquake-resistant smart homes.
- All three levels of government would have one year to set up the budget, manpower and systems needed to implement the law.
