Pakistan Bait-ul-Mal recently signed a memorandum of understanding with Life Residencia, a famous housing society in twin cities. According to the officials of Pakistan Bait-ul-Mal, this step was taken to facilitate the employees of PBM with low income. Low-income people in the society cannot afford to construct their homes and this step will help them get home.
Pakistan Bait-ul-Mal is a government body that works for the alleviation and elimination of poverty in the country. PBM in general takes many decisions and steps to help the lower classes of the country.
Life Residencia is a modern housing society with a vision of providing a luxurious yet affordable lifestyle to the general public. The society is ideally located near the new Islamabad International Airport, and it is on its way to becoming a major residential and commercial spot in the federal capital.
Read Also: Life Residencia Islamabad
According to the memorandum of understanding, Life Residencia will be obliged to sell plots to the employees of PBM at discounted rates. This will enable the employees of Pakistan Bait-ul-Mal to have their plots and homes in the future.
The memorandum was signed under the leadership of M.D Pakistan Bait-ul-Mal, Mr. Malik Zaheer Abbas. Following are some pictures from the signing ceremony:
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