The World Bank (WB) will provide a $150 million grant to build the 'Punjab Urban Land System Improvement Project'.
Read: World Bank Shares Estimate of Tax Potential for Punjab Real Estate Sector
As per the information, the subsidy will increase transparency and improve the ability to tax Punjab land over PKR 400 billion. Land Records Management and Knowledge Technologies acquire $103 million to digitize land registration and survey maps (LRMIS).
Land Housing (LH) will get $3 million to assist in finding, evaluating, and mobilizing low-risk government lands for the development of weather patterns, including sustainable housing. $35.5 million to create a modern land information system (LIS) to integrate and connect rural and urban land data. Currently, Arazi Record Centers (ARC) are being created or expanded, and ICT technologies are used in the ARC.
Visit the Red Marketing & Real Estate website to get information about the latest updates.
Subscribe to Our Youtube Channel
Red Marketing & Real Estate Youtube Channel
Follow Our Official Twitter
Red Marketing & Real Estate Twitter Page
Like Our Official Facebook Page
Red Marketing & Real Estate Facebook Page
